Acorn Properties
- Company typePrivate
- Founded1984
- HeadquartersOak Harbor, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What Acorn Properties does
Acorn Properties, Inc. is a family-owned full-service real estate firm headquartered in Oak Harbor, Washington, founded in 1984. It operates three divisions on Whidbey Island and surrounding Pacific Northwest markets: (1) a Real Estate Division handling residential, commercial, and vacant land sales via Northwest Multiple Listing Service (NWMLS) membership; (2) a Property Management Division providing rental tenant placement, rent collection, and maintenance coordination, supported by third-party ORCA Information background screenings and a $55 per-adult non-refundable application fee; and (3) an Association Management Division, launched in 1995 and now staffed by six association managers plus one support person, providing monthly assessment accounting, payables, financial reporting, contractor oversight, and board support to homeowner associations across Oak Harbor, Coupeville, Freeland, Anacortes, Mt. Vernon, and Burlington. Customers are primarily residential home buyers and sellers, rental property owners, homeowner associations (HOAs/common interest communities), and rental tenants. The firm is privately held by the Neilon family, with Terri Neilon as Owner/Designated Broker, Jim Neilon as Owner/Broker, Sheila Davies as Managing Broker, and additional licensed brokers Erin Paiz Neilon, Wayne Locke, and Kathi Phillips.
The firm's business model combines three distinct revenue streams: transaction-fee commissions on real estate sales, recurring fees on managed rental properties, and managed-services contracts with homeowner associations, supplemented by ancillary rental application fees. The firm has no publicly disclosed pricing for commissions or association-management contracts, and no public financial reporting. Distribution is direct: in-person service at the Oak Harbor office, phone and email intake, agent-led showings by appointment, and association management delivered remotely via phone, email, and board meeting attendance. Marketing relies on a Wix-hosted website (acornprop.net), a Facebook page, an Instagram account, an educational blog, and organic NWMLS listing visibility — a low-cost, community-rooted channel mix consistent with a small local firm.
The technology footprint is deliberately standard rather than proprietary. No public APIs, software products, mobile applications, or AI/ML capabilities are disclosed; the only named technology vendor is ORCA Information for tenant background checks. The firm maintains Community Associations Institute (CAI) membership for HOA management training and is staffed to meet Washington State real estate licensing requirements. Ownership and operational control remain concentrated in the Neilon family, with no institutional investors, parent company, subsidiaries, or M&A activity disclosed in the available data.
Acorn Properties firmographics
Firmographics- Name
- Acorn Properties
- Legal name
- Acorn Properties, Inc.
- Website
- https://acornprop.net
- Company type
- Private
- Founded year
- 1984
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Acorn Properties industry classification
Industry- Product category
- Real Estate Services
- NAICS
- Real Estate Property Managers (53131), Residential Property Managers (531311), Offices of Real Estate Agents and Brokers (53121)
- SIC
- Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Condominium Association Management (BPAJAHAA)
Keywords
Where Acorn Properties is headquartered
LocationHeadquarters
- HQ city
- Oak Harbor
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Acorn Properties business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Real Estate Sales: Commission-based residential sales, commercial sales, and vacant land sales. Full-service real estate brokerage serving buyers and sellers.
- Property Management: Property management services for rental properties including tenant placement, maintenance coordination, and ongoing management.
- Association Management: Professional management services for homeowner associations including monthly assessment accounting, payables, financial reporting, and board support.
- Rental Application Fees: $55.00 per application fee for tenant background checks (credit, criminal, employment, tenancy). Non-refundable.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Rental Application Fee |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels5 records
Acorn Properties product offering
Product offeringCore offering
Acorn Properties is a family-owned full-service real estate firm operating three interconnected divisions on Whidbey Island, Washington. The Real Estate Division handles residential, commercial, and vacant land sales; the Property Management Division provides rental tenant placement, rent collection, and maintenance coordination; and the Association Management Division delivers HOA financial reporting, assessment accounting, and board support for Common Interest Developments.
Product overview
Acorn Properties is a family-owned full-service real estate firm operating three interconnected divisions. The Real Estate Division handles residential, commercial, and vacant land sales across Whidbey Island and surrounding areas. The Property Management Division manages rental properties including tenant screening, rent collection, and maintenance coordination. The Association Management Division provides professional HOA/community association management services including financial reporting, assessment accounting, and board support. All three divisions share operational infrastructure including shared office staff (Terri Neilon, Kelsey Walker), common phone numbers (360-679-6149, 360-679-4585), and a unified website platform. The firm was founded in 1984 and has grown from its original five sales associates and two property managers to include six association managers.
Differentiator
Problem solved
Functional benefit
Products and services
- Real Estate Division Full-service real estate sales covering residential sales, commercial sales, and vacant land sales, serving buyers and sellers on Whidbey Island, Fidalgo Island, Burlington, and Mount Vernon.
- Property Management Division Rental property management services including tenant placement, rent collection, property maintenance coordination, and rental listings for residential properties, serving property owners on Whidbey Island.
- Association Management Division Professional management services for homeowner associations (HOAs) and community associations, including monthly assessment accounting, payables management, water billing, financial reporting, and board meeting support for Common Interest Developments across Oak Harbor, Coupeville, Freeland, Anacortes, Mt. Vernon, and Burlington.
Companies that use Acorn Properties
Customer profileSegments4 records
Ideal customer profiles4 records
Acorn Properties technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Acorn Properties partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Community Associations Institute (CAI)minorMembership in the prestigious national Community Associations Institute, which provides the firm with resources and training for association management services.
Scale indicators3 records
Recent moves8 records
Expansion highlights4 records
Acorn Properties competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Acorn Properties social profiles
Digital presenceAcorn Properties financial estimates
Financial estimateRevenue estimate
Valuation estimate
Acorn Properties leadership team
Management profileNumber of profiles
Profiles7 records
Acorn Properties funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Acorn Properties M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Acorn Properties
What does Acorn Properties do?
Acorn Properties is a family-owned full-service real estate firm operating three interconnected divisions on Whidbey Island, Washington. The Real Estate Division handles residential, commercial, and vacant land sales; the Property Management Division provides rental tenant placement, rent collection, and maintenance coordination; and the Association Management Division delivers HOA financial reporting, assessment accounting, and board support for Common Interest Developments.
Is Acorn Properties a public or private company?
Acorn Properties is a private company. It is classified as family owned and is currently operating.
When was Acorn Properties founded?
Acorn Properties was founded in 1984. It employs 1 to 10 people.
Where is Acorn Properties based?
Acorn Properties is headquartered in Oak Harbor, United States, in the North America region.
How does Acorn Properties make money?
Four revenue lines are on record. Real Estate Sales are the primary driver. The others are property Management, association Management and rental Application Fees.
Does Acorn Properties have an API?
No public API is recorded for Acorn Properties.
What industry is Acorn Properties in?
Acorn Properties's product category is Real Estate Services. Its primary akta.pro industry code is BPAJAHAA, Condominium Association Management. Its NAICS code is 53131 and its SIC code is 6531.