Waterfront

Port Townsend, WA Waterfront Land for Sale

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Coupeville, WA Port Hadlock, WA Greenbank, WA Sequim, WA Camano Island, WA Oak Harbor, WA Freeland, WA Quilcene, WA
6 properties
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 Builder-Ready Lot in Gated Community
Updated: Jun 9
Waterfront Builder-Ready Lot in Gated Community

241 Belvedere Drive #241, Port Townsend, WA 98368

$157,000
1.00 AC lot
Wooded 1+ acre vacant parcel in gated Kala Point community
Extensive due diligence completed: comprehensive geotechnical report and professional soils analysis
Information states a 4‑bedroom home permit is possible
Multi‑professional consensus indicates traditional gravity septic system is highly feasible
Kala Point amenities include 1.7 miles of private sandy beach, indoor/outdoor pool, pickleball courts, clubhouse, boat launch, dock with mooring, and RV storage
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Discovery Bay Waterfront Acreage
Discovery Bay Waterfront Acreage

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

$750,000
5.77 AC lot

5.77 acre waterfront lot with utilities in place.

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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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Ready-to-Build Waterfront Lot
Ready-to-Build Waterfront Lot

142 Alder Drive, Port Townsend, WA 98368

$158,000

Flat, ready-to-build lot with septic permits issued and utilities on site within a waterfront community club.

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Waterfront Land with Mountain Views
Waterfront Land with Mountain Views

2021 Clay Street, Port Townsend, WA 98368

$445,000

Large lot with views, centrally located near amenities.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 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.

Shovel-Ready Waterfront Homesite
Shovel-Ready Waterfront Homesite

5 Pintail Road, Port Ludlow, WA 98365

$580,000

Build a custom waterfront home with utilities available in the street and marina access nearby.

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Waterfront Homesite with Marina Access
Waterfront Homesite with Marina Access

3 Pintail Rd, Port Ludlow, WA 98365

$570,000

Build a custom home on a shovel-ready waterfront homesite with utilities available in the street near the Port Ludlow Marina.

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Gated Waterfront Land Parcel
Gated Waterfront Land Parcel

Sofie Ridge Lane, Sequim, WA 98382

$209,000
2.60 AC lot

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

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Level Waterfront Land Parcel
Level Waterfront Land Parcel

9 Fox Hollow Road, Sequim, WA 98382

$195,000

Level building area with a graded driveway and panoramic water views of the Strait of Juan de Fuca and San Juan Islands.

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Port Townsend, WA Waterfront Land Market Trends and Statistics

Explore 6 waterfront land for sale in Port Townsend, WA, showcased through 6 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 $2,417,000.

Sale prices for water rights properties in Port Townsend, WA start at $157,000, averaging $402,833, 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 8
Waterfront Land 6
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 $525.5K

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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