Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Washougal Land with Sweeping Views Title is generated by Realmo AI

    1697 N COLUMBIA RIDGE Way, Washougal, WA 98671

    View on Map
    Claim this Listing
    For Sale
    $375,000

    LAND - Washougal, WA

    Type:Single Family Residence
    Added:
    Jan 8, 2026
    Days on Market:
    145
    Last Refresh:
    Jun 2 at 3:06 am

    Property Features for 1697 N COLUMBIA RIDGE Way

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Zoning
    R1-7.5
    Standard status
    Active
    APN
    986030544

    Taxes and HOA fees

    Tax Description
    COLORADO RIDGE LOT 8 311675 FOR ASSESSOR USE ONLY COLORADO RIDGE LOT 8 311675
    Tax Annual Amount
    918

    We can help!

    Listing Contact
    Shawn Golding

    Listing agent Shawn Golding

    Listing office Windermere Northwest Living 1401 SE 164th Ave Ste 190, Vancouver, WA

    Listing date Jan 8, 2026

    MLS# 659155763 Listing URL

    Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Sweeping views of city lights, Portland hills, and the Columbia River.
    • Last available lot in the established, quiet Colorado Ridge neighborhood.
    • No HOA, surrounded by million‑dollar homes.
    • South facing lot ideal for sunrises and sunsets.
    • Close proximity to downtown Washougal and Camas, the river, parks, trails, and restaurants.
    • Highly rated schools.

    Overview

    The last available lot is located in the established Colorado Ridge neighborhood. The spacious, sloped lot captures views of city lights, Portland hills, and the Columbia River. The lot has a south-facing orientation. It is located just over a mile to downtown Washougal and close to downtown Camas, with the river, several parks, trails, and restaurants minutes away. The area has highly rated schools. The lot has no HOA and is surrounded by million-dollar homes. The zoning is R1-7.5.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Washougal
    County
    Clark
    State
    Washington
    Longitude
    -122.353284
    Latitude
    45.591807

    Nearby Similar for Sale

    • $1,050,000

      Well-Maintained Washougal Multifamily Property

      Clean, four-unit multifamily property in a quiet residential neighborhood.
      742 9TH St, Washougal, WA 98671
      View Details
    • $899,000

      Washougal Land with Development Potential

      Nearly 60 acres of land in Washougal, Washington.
      N Fork Road, Washougal, WA 98671
      View Details
    • $299,900

      Riverfront Land Parcel in Washougal

      5-acre gated lot with river access for dream home.
      35034 NE 5TH St, Washougal, WA 98671
      View Details
    • $269,900

      Riverfront 5-Acre Gated Parcel

      5-acre riverfront lot with territorial views in Washougal, WA.
      NE 5TH St, Washougal, WA 98671
      View Details
    • $298,000

      Scenic Land in Washougal, WA

      2.85 acres of residential land with creek and utilities.
      Arrowhead Trails, Washougal, WA 98671
      View Details
    • $345,000

      Washougal Land with Canyon Creek

      8+ acre property with views, well, and trails.
      182 White Dog Rd, Washougal, WA 98671
      View Details
    • $556,000

      Washougal Land with Sweeping Views

      Private 20-acre timbered land with unmatched views and seclusion.
      Skamania Mines Rd, Washougal, WA 98671
      View Details
    • $413,646

      Washougal Timberland with Creek

      20.07 acres of timberland with creek in Washougal, WA.
      Kellett Rd, Washougal, WA 98671
      View Details
    • $383,646

      Washougal Timberland with Views

      20.07 acres of timberland with west-facing views.
      Kellett Rd, Washougal, WA 98671
      View Details
    • $230,000

      Washougal Land with Timber

      2.07 acres of timbered land with valley views.
      57th St, Washougal, WA 98671
      View Details
    • $395,000

      Secluded Timberland View Property

      Private 20-acre timbered parcel with unmatched views.
      Skamania Mines Rd, Washougal, WA 98671
      View Details
    • $1,399,000

      Historic Washougal Land Subdivision Opportunity

      Two-acre Washougal property with subdivision potential near the Columbia Gorge.
      863 N SHEPHERD Rd, Washougal, WA 98671
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Last available lot with city, hills, and river views.
    Where is this residential land & home lot located?
    The property is located at 1697 N COLUMBIA RIDGE Way Washougal, WA.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: Sweeping views of city lights, Portland hills, and the Columbia River.; Last available lot in the established, quiet Colorado Ridge neighborhood.; No HOA, surrounded by million‑dollar homes.
    (360) 216-3835
    We can help!
    Listing Contact
    Shawn Golding
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1697 N COLUMBIA RIDGE Way, Washougal, WA 98671
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!