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Port Townsend, WA Land for Sale

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Waterfront Residential Development Lot
Updated: May 20, 2025
Waterfront Residential Development Lot

136 Discovery Crest Pl, Port Townsend, WA 98368

$750,000
5.77 AC lot
5.77‑acre waterfront lot with majestic views of Discovery Bay
Private road on the property with water and electrical connections trenched to the build site—utilities only need to be connected
No HOA; road easement only has a maintenance agreement
First time on the market in 35 years
About a 15‑minute drive to downtown Port Townsend for shopping, restaurants, and local culture
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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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Waterfront Land with Private Road
Waterfront Land with Private Road

136 Discovery Crest Place, Port Townsend, WA 98368

$750,000
5.77 AC lot

Build on a waterfront lot with a private road and water and electrical connections trenched to the site.

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Residential Land with Trail Access
Residential Land with Trail Access

1025 Maple Street, 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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Zoned Multifamily Development Land
Zoned Multifamily Development Land

9999 South Discovery Road, Port Townsend, WA 98368

$370,000
2.24 AC lot

2.24-acre parcel zoned R-III with a partially cleared building site and utilities close by.

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Waterfront View Home Site
Waterfront View Home Site

6 Kala Lagoon Court, Port Townsend, WA 98368

$150,000

Ready-to-build home site in a gated community with filtered Puget Sound and Cascade Mountain views.

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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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Land/Lot
Land/Lot

2302 Discovery Rd, Port Townsend, WA 98368

$1,600,000

Residential land & home lots

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Buildable Corner Residential Lot
Buildable Corner Residential Lot

31 Pebble Ln, Port Townsend, WA 98368

$130,000

Level, cleared corner lot with utilities in the street and access on two sides.

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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
Land

6982 Cape George Rd, Port Townsend, WA 98368

$349,000

Residential land & home lots

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Corner Residential Development Lot
Corner Residential Development Lot

1015 Gise Street, Port Townsend, WA 98368

$230,000

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

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Land
Land

500 N Jacob Miller Rd, Port Townsend, WA 98368

$175,000

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

999 Erin Street, Port Townsend, WA 98368

$100,000

Residential land & home lots

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Mixed-Use Commercial Land
Mixed-Use Commercial Land

2740 Discovery Road, Port Townsend, WA 98368

$285,000

C-II/MU-zoned land with water and electric service on-site and sewer available in the street.

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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
Land

999 Hancock St, Port Townsend, WA 98368

$350,000

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
Land

142 Alder Dr, Port Townsend, WA 98368

$135,000

Residential land & home lots

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Shovel-Ready Residential Lot
Shovel-Ready Residential Lot

3 T Street, Port Townsend, WA 98368

$185,000

Shovel-ready lot with paved road access and utilities including water and sewer on site.

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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
Land

5-nka Katherine Street, Port Townsend, WA 98368

$220,000

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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Port Townsend, WA Land Market Trends and Statistics

Explore 44 land for sale in Port Townsend, WA, showcased through 42 active listings on our real estate platform. These investment opportunities span a total of 717,433 square feet of properties for sale, with an estimated market value of $11,188,000.

Sale prices for lots in Port Townsend, WA start at $41,000, averaging $279,700, 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 39
Waterfront Land 8
Commercial land 4

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 $284.9K

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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