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Mixed-Use Development Land Parcel
For Sale
$950,000

839 49th Street, Port Townsend, WA 98368

3.18-acre parcel includes multiple C-1/MU lots, with an existing R-1 home sold as-is.

Property SizeContact for details
Days on Market95

Property Features for 839 49th Street

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $3,960

Amenities

Baseboard Heating
Carpet Flooring
Ceramic Tile Floor Flooring
Composition Roof
Free Standing Stove Heat Heating
Vinyl Floor Flooring

Building Details

Year Built 1950
Listing Agency: WINDERMERE R.E. PORT TOWNSEND
Listed By: SOPHIE ELAN · License #20112819
Source: Corcoran
Added: May 7 Changed: Aug 8 Last Checked: Jul 8 at 5:44AM

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 WINDERMERE R.E. PORT TOWNSEND

Investment Insights

Based on property information with market context.

This for-sale development land offering totals 3.18 acres and includes 13 lots zoned C-1/MU (Neighborhood Mixed Use Center), along with an existing mid-century home on-site. The home is a 3-bedroom, 1-bath residence and is located in R-1 (Low Density Single Family) zoning; it is being sold “as-is.” The property also features a spacious 2-car garage/workshop suitable for storage, hobbies, or workspace, plus a mix of open space and trees, and a small wetland with delineation provided.

The parcel is described as level and is just blocks from North Beach, with the Fairgrounds directly across the street. City water, sewer, and power border the property on three sides.

The listing notes development flexibility across the C-1/MU zoned lots and advises buyers to verify all development options with the City of Port Townsend. Updates to the existing home are welcomed, and the property has been held in the same family for more than 70 years.

Key Highlights

  • 3.18‑acre level property with multiple lots: 13 lots zoned C‑1/MU (Neighborhood Mixed Use Center) plus an R‑1 (Low Density Single Family) home site
  • Zoning supports a mix of small‑scale commercial and medium‑density multifamily development, including retail with apartments above (buyer to verify options)
  • Existing 1950 home: 3 bed / 1 bath, sold as‑is with updates needed

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Law Firm Electrical Service Storage Facility

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

68
Businesses Nearby

Demographics for 98368, WA

16,567
Population
9,739
Households
1.7
Avg Household Size
61
Median Age
51%
College-Educated
97%
High-School Grad
52.3 sq mi
ZIP Area
317
Density / Sq Mi
$67,061
Median Household Income
$36,686
Median Earnings
$1,349
Median Rent
$511,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 3.18-acre parcel includes multiple C-1/MU lots, with an existing R-1 home sold as-is.
Where is this residential land & home lot located?
The property is located at 839 49th Street Port Townsend, WA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 3.18‑acre level property with multiple lots: 13 lots zoned C‑1/MU (Neighborhood Mixed Use Center) plus an R‑1 (Low Density Single Family) home site; Zoning supports a mix of small‑scale commercial and medium‑density multifamily development, including retail with apartments above (buyer to verify options); Existing 1950 home: 3 bed / 1 bath, sold as‑is with updates needed
More about this property
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