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Port Townsend, WA Land for Sale

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Port Townsend Land Opportunity
Updated: Aug 29, 2025
Port Townsend Land Opportunity

9999 Discovery Road, Port Townsend, WA 98368

$370,000
2.24 AC lot
Prime 2.24 acre R‑III zoned parcel for multifamily development.
Rare opportunity to develop much‑needed housing in high‑demand Port Townsend.
R‑III zoning allows for various housing types like duplexes and townhomes.
Partially cleared with building site identified.
Utilities are close by.
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Zoned Multifamily Development Land
Updated: Aug 29, 2025
Zoned Multifamily Development Land

9999 Discovery Road, Port Townsend, WA 98368

$370,000
2.24 AC lot
2.24‑acre parcel in Port Townsend zoned R‑III (Medium Density Multifamily).
Partially cleared with an identified building site.
All utilities are close by for future development.
Evergreens on the property and paved road surface access.
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Builder-Ready Waterfront Land Parcel
Builder-Ready Waterfront Land Parcel

241 Belvedere Dr, Port Townsend, WA 98368

$157,000

Wooded Kala Point lot with completed geotechnical and soils work supporting a potential 4-bedroom home permit.

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Corner Residential Development Lot
Corner Residential Development Lot

1015 Gise St, Port Townsend, WA 98368

$219,000

Corner lot with bay views and flexible R-II zoning, with water and sewer stubbed and power nearby.

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Residential Land with Trail Access
Residential Land with Trail Access

1025 Maple St, Port Townsend, WA 98368

$299,000

Four city lots totaling nearly 1/2 acre offer water service and mountain/valley view potential in an established neighborhood.

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Commercial Lot Near Waterfront
Commercial Lot Near Waterfront

7-xxx Water Street, Port Townsend, WA 98368

$550,000

Paved vacant land in a historic district near the ferry dock, shops, dining, galleries, and marina.

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Land/Lot
Land/Lot

2302 Discovery Rd, Port Townsend, WA 98368

$1,600,000

Residential land & home lots

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Land/Lot
Land/Lot

40 Buckhorn Pl, Port Townsend, WA 98368

$122,999

Residential land & home lots

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Land
Land

142 Alder Drive, Port Townsend, WA 98368

$135,000

Residential land & home lots

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Land/Lot
Land/Lot

6982 Cape George Rd, Port Townsend, WA 98368

$349,000

Residential land & home lots

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Land
Land

1024 Fir Street, Port Townsend, WA 98368

$179,000

Residential land & home lots

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Land
Land

3202 Cliff St, Port Townsend, WA 98368

$299,000

Residential land & home lots

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Land/Lot
Land/Lot

0 53xx Sheridan St, Port Townsend, WA 98368

$225,000

Residential land & home lots

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Land/Lot
Land/Lot

999 Erin St, Port Townsend, WA 98368

$100,000

Residential land & home lots

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Land
Land

163 Cook Ave, Port Townsend, WA 98368

$199,500

Residential land & home lots

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Land
Land

5-nka Katherine Street, Port Townsend, WA 98368

$220,000

Residential land & home lots

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Land
Land

6-nka Katherine Street, Port Townsend, WA 98368

$220,000

Residential land & home lots

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Land/Lot
Land/Lot

1790 31st St, Port Townsend, WA 98368

$125,000

Residential land & home lots

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Land/Lot
Land/Lot

999 Hancock St, Port Townsend, WA 98368

$350,000

Residential land & home lots

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Land
Land

188 S Rhododendron Dr, Port Townsend, WA 98368

$199,000

Residential land & home lots

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Waterfront Home Site in Kala
Waterfront Home Site in Kala

75 Kala Lagoon Court, Port Townsend, WA 98368

$279,000

Waterfront lot ready for custom home in gated community.

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Land
Land

78 Prospect Ave, Port Townsend, WA 98368

$41,000

Residential land & home lots

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Land
Land

4 T Street, Port Townsend, WA 98368

$175,000

Residential land & home lots

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Land
Land

480 State Route 20, Port Townsend, WA 98368

$335,000

Residential land & home lots

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Port Townsend, WA Land Market Trends and Statistics

Explore 37 land for sale in Port Townsend, WA, showcased through 35 active listings on our real estate platform. These investment opportunities span a total of 214,751 square feet of properties for sale, with an estimated market value of $9,128,999.

Sale prices for lots in Port Townsend, WA start at $41,000, averaging $260,828, and reaching up to $1,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 35
Waterfront Land 4
Commercial land 1

Demographics Overview

Population 17K
Population Growth (5Y) +9.8%
Median Household Income $67,061
College Educated 73.0%

High-Yield Neighborhoods for Investment

Identify Port Townsend submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
98368 $286.8K

Taxes & Financing

Tax Rate (average for all types) 0.86%
Property Tax per SF $7.05 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

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