The Waterwheel - Waterfront Retreat on Dyes Inlet

The Waterwheel is not just a waterfront retreat. It's the closest you'll get to sleeping on the water without leaving dry land.

Perched at the water's edge on Dyes Inlet, The Waterwheel is the most immersive unit in the Black Pearl on Dyes Inlet collection — a generous one-bedroom retreat whose open living room runs right along the waterline, framed by the slow, hypnotic turn of the working waterwheel just outside. Every design decision here points toward the inlet. The deck doesn't overlook the water — it sits over it.

The bedroom is distinctly romantic. A king bed faces the inlet, morning light off the water the first thing you see. The private bath has its own sauna — exclusive to this unit, and reason enough to book it.

Full resort amenities included — private gravel beach, swimming dock, kayaks and paddleboards, beachside firepit, BBQ grill, mature gardens and patios, multiple waterfront lookout points, and pickleball court. Clamming at the beach. Bald eagles overhead. And on rare, magical occasions, orcas passing through the inlet just below.

The Waterwheel is one of four units at Black Pearl on Dyes Inlet — a private waterfront compound where every space has its own character and entrance. The Helm is the flagship five-bedroom A-frame just steps away. The Loft is a garden-view retreat above the detached garage. The Perch — opening September 2026 — is a modern glass treehouse perched in the canopy above. Each unit is available separately, or contact us to coordinate a full compound experience sleeping up to 22.

This is Black Pearl, at the water's edge.