Waterfront

Port Townsend, WA Waterfront 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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Waterfront Land with Private Road
Updated: Jan 22
Waterfront Land with Private Road

136 Discovery Crest Place, Port Townsend, WA 98368

$750,000
5.77 AC lot
5.77‑acre waterfront lot with high bank, bayfront, and ocean front features
Private road on‑site with water and electrical connections trenched to the build site (need to be connected)
Partially cleared with brush, evergreens, and heavily forested areas
Gravel road surface type
No HOA; only a maintenance agreement for the road easement
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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

6982 Cape George Rd, Port Townsend, WA 98368

$349,000

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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Land
Land

85 Quinault Loop, Port Townsend, WA 98368

$145,000

Waterfront Land

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 Active listings in Port Townsend, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Cleared Waterfront Home Site
Cleared Waterfront Home Site

327 Clearview Lane, Sequim, WA 98382

$524,950
5.00 AC lot

Nearly 5 acres of cleared land with unobstructed Strait of Juan de Fuca views, plus a private well and septic system.

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Waterview Lot in Gated Community
Waterview Lot in Gated Community

570 North Street, Sequim, WA 98382

$195,000
2.11 AC lot

2.11-acre waterview lot with beach access and airfield.

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Land/Lot
Land/Lot

155 Burns Rd, Port Ludlow, WA 98365

$649,000

Waterfront Land

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Land
Land

109 Marianne Mdws, Port Ludlow, WA 98365

$184,599

Residential land & home lots

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Port Townsend, WA Waterfront Land Market Trends and Statistics

Explore 8 waterfront land for sale in Port Townsend, WA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 502,682 square feet of properties for sale, with an estimated market value of $2,850,000.

Sale prices for water rights properties in Port Townsend, WA start at $145,000, averaging $356,250, and reaching up to $750,000 — 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 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 $356.3K

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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