Property summary
The property is located along Discovery Bay near Port Townsend and is associated with the Reserve at Discovery Bay Golf Club, which includes an active public golf course known as Washington’s second oldest active public course and features rolling fairways, elevation changes, and course layout with multiple turns. The golf-course area includes views toward the Olympic Mountains. The property is also planned for 48 approved luxury residential lots arranged into five enclaves—The Ridge, The Woodlands, The Meadows, Lily Pond, and The Highlands—with each enclave characterized by differing site settings such as elevated views, pond-adjacent locations, forested privacy, and proximity to the golf course. Homesites are planned with allowance for an Additional Dwelling Unit (ADU), supporting configurations for multigenerational living, guest accommodations, or rental use. The site is positioned near Port Townsend and within commuting distance of Seattle, and is described as receiving less rainfall than the broader Pacific Northwest.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
RR-5 · Port Townsend, WAZoning
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Zoning designation
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