$228,000
Est. $1,150/mo687 W Sims Way, Port Townsend, WA 98368
• Listed 2026-02-03•124 days on market
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Large vacant in-town lot on iconic Sims Way with sweeping views of Port Townsend Bay, the marina and Boat Haven, ferry traffic, the Jefferson County Courthouse, and the Olympic Mountains. Enjoy ever-changing maritime scenery, passing sailboats and ferries, and stunning sunsets from this elevated setting overlooking the heart of Port Townsend’s working waterfront. A prime opportunity for a custom home or investment property designed to capture the exceptional views and dynamic surroundings. The setting allows for thoughtful design with view-oriented living spaces, decks, or patios to take full advantage of the bay, city landmarks, and mountain backdrop. Rare chance to build in a central location with remarkable scenery in one of Washington’s most charming and historic coastal communities. Located just a short distance from downtown Port Townsend, this property offers convenient access to restaurants, coffee shops, shopping, galleries, parks, and waterfront trails. Whether heading to the farmers market, marina, or ferry terminal, everything that defines the Port Townsend lifestyle is close by. Much of the work has been done. Seller has a geotechnical report, civil engineering report, architectural rendering for an 8-plex and topographical survey. Address is for location purposes only.
Open houses
No upcoming open houses scheduled for this property.
$385,000
+$157,000 over list price
Nearby comparable homes
RexMont uses 1 strongest recent nearby sale, priced between $385K and $385K.4 outlier sales were excluded from this snapshot.
Rental earnings
$1,150/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
687 W Sims Way, Port Townsend, WA 98368
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of February 3, 2026 at 02:59pm (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Listed by Terry L. Smith • RE/MAX FIRST Inc Port Townsend
Listing updated: February 3, 2026 at 02:59pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2476253
Port Townsend is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 19 days.
$175,000 Sold
4 weeks ago
•Single Family
1525 Grant, Port Townsend, WA 98368
13%
Under list
—
Days on market
0.5 mi
Distance
$472,250 Sold
5 months ago
2 bd•1 ba•~1,148 sq ft•Single Family
652 Mcpherson Street, Port Townsend, WA 98368
11%
Under list
—
Days on market
0.7 mi
Distance
$340,000 Sold
5 months ago
2 bd•1 ba•~1,308 sq ft•Single Family
2117 Renee Place, Port Townsend, WA 98368
0%
Over list
—
Days on market
1.0 mi
Distance
$605,000 Sold
6 months ago
3 bd•1.5 ba•~1,344 sq ft•Single Family
1011 Thomas Street, Port Townsend, WA 98368
2%
Over list
—
Days on market
0.7 mi
Distance
$435,000 Sold
6 months ago
2 bd•1 ba•~1,168 sq ft•Single Family
1802 Landes Street, Port Townsend, WA 98368
2%
Over list
—
Days on market
0.6 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Port Townsend #50 School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.