Waterfront Properties

Islander Lopez Marina Resort

If you are as old as I am you might remember the song, "Never make a beautiful woman your wife." Sometimes that concept refers to real estate.  The Islander is located on beautiful Lopez island, known as "the bicycle island,"  in the Northwest's San Juan Islands.  When we purchased the Islander, it was closed; it consisted of 28 hotel rooms, a 300 seat restaurant and a 40 slip marina, all in need of significant repair.  Not only did we buy the real estate, we bought the business and the learning curve was dramatic.

I believe we did a good job on the rehabilitation, our customers loved us, but in the end the Island's school year population was only 1300 and our season was too short.  Not doing our market research was a punishing lesson but I love that project; she remains today a "beautiful woman."