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Shovel-Ready Townhouse Development Site
For Sale
$550,000

427 Southeast Ely Street, Oak Harbor, WA 98277

Residential development land with completed pre-development work for a townhouse project of 10 to 11 units.

Property SizeContact for details
Days on Market140

Property Features for 427 Southeast Ely Street

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $717

Amenities

0, 0, 0, 0
No
Lightly Treed,Partially Cleared
Paved
Listing Agency: Keller Williams Western Realty
Listed By: Anthony Zapata · License #27658
Source: Compass
Added: Mar 26 Changed: Aug 8 Last Checked: May 7 at 3:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Western Realty

Investment Insights

Based on property information with market context.

This for-sale residential development site is presented as shovel-ready for a townhouse project. The seller has completed extensive pre-development work, including stormwater and civil engineering, architectural plans for 10 townhouse units with potential for 11, structural engineering, and city planning approval.

The property is located in a growing residential area of Oak Harbor, WA, and the public remarks indicate proximity to the naval base, downtown Oak Harbor, and everyday services including shopping and dining.

Development planning for the site includes an eco-conscious approach intended to minimize significant dirt work by accounting for lot and topography, with key groundwork already in place to support an efficient path forward.

Key Highlights

  • Shovel‑ready townhouse development site in Oak Harbor, WA on over half an acre in a growing residential area
  • Pre‑development completed: stormwater and civil engineering, plus architectural plans for 10 townhouse units with potential for 11
  • Structural engineering completed and city planning approval obtained

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Storage Facility Carpet & Flooring Store (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,353
Businesses Nearby

Demographics for 98277, WA

41,517
Population
17,694
Households
2.3
Avg Household Size
36
Median Age
27%
College-Educated
95%
High-School Grad
57.3 sq mi
ZIP Area
725
Density / Sq Mi
$79,326
Median Household Income
$45,236
Median Earnings
$1,651
Median Rent
$455,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential development land with completed pre-development work for a townhouse project of 10 to 11 units.
Where is this residential land & home lot located?
The property is located at 427 Southeast Ely Street Oak Harbor, WA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Shovel‑ready townhouse development site in Oak Harbor, WA on over half an acre in a growing residential area; Pre‑development completed: stormwater and civil engineering, plus architectural plans for 10 townhouse units with potential for 11; Structural engineering completed and city planning approval obtained
More about this property
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