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    Port Townsend, WA Waterfront Land for Sale

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    Coupeville, WA Port Hadlock, WA Chimacum, WA
    Waterfront Residential Development Lot
    $750,000
    5.77 Acres
    Waterfront Residential Development Lot

    136 Discovery Crest Pl, Port Townsend, WA 98368

    Residential waterfront parcel with private road access and utilities trenched to the build site.
    • 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
    Updated: May 20, 2025
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    Discovery Bay Waterfront Acreage
    $750,000
    5.77 Acres
    Discovery Bay Waterfront Acreage

    136 Discovery Crest Pl #2, Port Townsend, WA 98368

    5.77 acre waterfront lot with utilities in place.
    • Majestic waterfront views of Discovery Bay on a large 5.77 acre lot.
    • Rare opportunity: first time on the market in 35 years.
    • Utilities ready: water and electrical connections trenched to the build site.
    • Private road access.
    • Close proximity to downtown Port Townsend's amenities, shopping, restaurants, and culture (15‑minute drive).
    Updated: Mar 4
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    Waterfront Land with Mountain Views
    $445,000
    Waterfront Land with Mountain Views

    Large lot with views, centrally located near amenities.

    2021 Clay Street, Port Townsend, WA 98368

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 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.

    Residential Waterfront Land Parcel
    $350,000
    6.01 Acres
    Residential Waterfront Land Parcel

    Waterfront residential parcel with bay views and septic site registration, set among mature fir and maple trees.

    999 E Sequim Bay Rd, Sequim, WA 98382

    View details
    Waterfront Homesite with Panoramic Views
    $435,000
    Waterfront Homesite with Panoramic Views

    Extraordinary waterfront homesite with sweeping views and approved septic.

    1012 N Scenic Heights Road #2, Oak Harbor, WA 98277

    View details
    Whidbey Island Waterfront Homesite Opportunity
    $375,000
    0.64 Acres
    Whidbey Island Waterfront Homesite Opportunity

    100 feet of no-bank waterfront property in Surfcrest community.

    4689 Surfcrest Drive, Oak Harbor, WA 98277

    View details
    Gated Waterfront Land Parcel
    $209,000
    2.60 Acres
    Gated Waterfront Land Parcel

    Residential waterfront land in a gated community with community water and drainfield and privacy among mature trees.

    Sofie Ridge Lane, Sequim, WA 98382

    View details

    Port Townsend, WA Waterfront Land Investment Opportunities Market Analysis

    Explore 3 waterfront land for sale in Port Townsend, WA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,945,000.

    Sale prices for water rights properties in Port Townsend, WA start at $445,000, averaging $648,333, 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

    Residential land & home lots 8
    Commercial land 3
    Waterfront Land 3

    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 median listing prices of real estate assets

    Neighborhood Average Price
    98368 $648.3K

    Taxes & Financing

    Tax Rate (average for all types) 0.86%
    Property Tax per SF $7.05 per sq ft
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

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