Rare opportunity on Gise Street in Port Townsend, just below the hospital, with sweeping views of Port Townsend Bay and the Cascade Mountains beyond. This gently sloped parcel, just under 15,000 sq ft, is perfectly positioned to capture stunning sunrises and ever-changing marine scenery. The existing 1 bed/1 bath home and detached garage may be salvageable, though the highest and best use is likely as a site for a new custom home or multi-family development. With recent City code changes, the property may support an attached multi-family project of up to 11 units (buyer to verify with the City of Port Townsend). A prime location with exceptional view potential. Bring your vision and create something truly special.

Property type

Single Family

Year built

1935

Interior

726 sq ft

Open houses

No upcoming open houses scheduled for this property.

Around this home

RexMont Market Signal©

Ask RexMont to verify value

$498,000

+$99,000 over list price

Nearby comparable homes

RexMont uses 4 strongest recent nearby sales, priced between $385K and $650K.1 outlier sale was excluded from this snapshot.

Rental earnings

$1,500/mo

Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

Viewing 1 of 4

Sold Jul 30, 2025Comp 1

$385,000Last sold price

1 beds0 baths544 sq ft

1323 8th Street, Port Townsend, WA 98368

$708/sq ft0.3 mi awaysmaller lot7 years older

Satellite view for 1333 8th Street, Port Townsend

Sold Jun 13, 2025Comp 2

$415,000Last sold price

2 beds1 baths783 sq ft

1333 8th Street, Port Townsend, WA 98368

$530/sq ft0.3 mi awaysmaller lot7 years older

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.

More resources

Rental earningsEst. $1,500 per month, before expense review

RexMont OfferEdge^™

How much should you offer?

808 Gise Street, Port Townsend, WA 98368

Your offerDown payment %

Waive financing Pre-inspection

List price

$399,000

Down payment

$79,800

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Property details

Interior features

Water Heater
None basement

Kitchen

Refrigerator
Stove(s)/Range(s)

Bedrooms

1 bedroom total

Bathrooms

1 full bathroom

Flooring

Hardwood
Laminate

Heating & cooling

Baseboard heating
None cooling

Neighborhood mobility

Walk, bike & transit scores

Down payment assistance

6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.

Check eligibility

Mortgage payment forecast

$2,428 per month

Great rate

Principal and interest

Property taxes

HOA dues

Home insurance

Takes about 5 minutes & won't affect your credit

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Plan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhood Compare loan options30-yr fixed, 15-yr, FHA, VA, jumbo

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of April 18, 2026 at 02:12pm (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.

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About this home