$299,000
Est. $1,525/mo1520 Blaine Street, Port Townsend, WA 98368
• Listed 2026-03-19•37 days on market
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Based on information submitted to the MLS GRID as of June 16, 2026 at 12:04pm (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.
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Here’s the kind of opportunity that doesn’t come along often—because it checks the boxes that matter now and holds its value into the future. A level, .13-acre, fully serviced in-town lot in Port Townsend’s R-III(MF) zone—this is true multifamily zoning What makes this one stand out is how ready it is. Water, sewer, and power services have already been provided to the site. No guessing, no costly extensions—just a clean, straightforward building envelope with no known critical areas or physical constraints. It’s the kind of “friction-free” start that keeps timelines tight and budgets predictable. Layer in the availaable site-specific house + ADU design, and you’re not starting from scratch—you’re stepping into a project with direction. Refine, permit, and build…or adjust to fit your vision. And then there’s the setting. Located in a walkable, in-town neighborhood, you’re minutes to downtown shops, restaurants, the waterfront, and everyday essentials. Parks, trails, and Port Townsend’s historic charm are all part of the daily rhythm here. This is a place where people want to live, which matters when you’re considering resale, rental demand, or a long-term hold. Port Townsend isn’t just talking about infill—it’s actively encouraging it. Flexible setbacks, reduced parking requirements, and ADU-friendly policies all point to a city aligned with projects like this. In a market where time, certainty, and location matter—this property delivers on all three.
Listed by Scott Rogers • John L. Scott Port Townsend
Listing updated: June 16, 2026 at 12:04pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2493198
Open houses
No upcoming open houses scheduled for this property.
$500,000
+$201,000 over list price
Nearby comparable homes
RexMont uses 3 strongest recent nearby sales, priced between $385K and $515K.
Rental earnings
$1,500/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$500,000Last sold price
835 J Street, Port Townsend, WA 98368
$385,000Last sold price
1323 8th Street, Port Townsend, WA 98368
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.
1520 Blaine Street, 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.
Neighborhood mobility
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
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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 2% below list price.
Time on market: The average home goes pending in around 23 days.
$1,110,000 Sold
3 months ago
3 bd•~2,490 sq ft•Single Family
1055 Monroe Street, Port Townsend, WA 98368
3%
Under list
—
Days on market
0.6 mi
Distance
$803,980 Sold
3 months ago
4 bd•~1,748 sq ft•Single Family
543 Van Buren Street, Port Townsend, WA 98368
8%
Under list
—
Days on market
0.2 mi
Distance
$1,350,000 Sold
4 months ago
•Single Family
1020 Water Street, Port Townsend, WA 98368
10%
Under list
—
Days on market
0.5 mi
Distance
$850,000 Sold
4 months ago
2 bd•1 ba•~1,552 sq ft•Single Family
1707 Jackson Street, Port Townsend, WA 98368
6%
Under list
—
Days on market
0.7 mi
Distance
$405,000 Sold
6 months ago
•Single Family
829 Water Street, Port Townsend, WA 98368
3%
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 Jul 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.
