$950,000
Est. $4,829/mo3 bd•1 ba•1,185 sq ft
839 49th Street, Port Townsend, WA 98368
• Listed 2026-05-05•15 days on market
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Based on information submitted to the MLS GRID as of July 6, 2026 at 10:42am (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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Exceptionally rare offering in Port Townsend! Don’t miss the unique opportunity to own a home on over 3 acres of level land (16 city lots!) in one of the area’s most desirable and centrally located neighborhoods. Held in the same family for more than 70 years, this 3.18-acre parcel is ideally situated just blocks from North Beach and directly across from the Fairgrounds. The property features 13 lots zoned C-1/MU (Neighborhood Mixed Use Center) which allows a mix of small-scale commercial and medium-density multifamily development, including retail with apartments above. The 3 bed/1 bath mid-century home sits in R-1 (Low Density Single Family) zoning. The land is a beautiful blend of open space, young & mature trees, and a small wetland with delineation provided. City water, sewer, and power border the property on three sides. The existing 1950s home is selling "as-is" and welcomes updates to its classic bones. Spacious 2-car garage/workshop is ideal for storage, hobbies, or workspace. Bring your vision to life on this expansive and flexible property- a worthy investment in a prime location! Buyer to verify all development options with the City of Port Townsend.
Listed by Sophie Elan • Windermere R.E. Port Townsend
Listing updated: July 6, 2026 at 10:42am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2515183
Open houses
$931,000
-$19,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $475K and $700K.
Rental earnings
$2,800/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$605,000Last sold price
788 41st Street, Port Townsend, WA 98368

$700,000Last sold price
909 55th 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.
839 49th 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.
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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.
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 27 days.
$180,000 Sold
3 months ago
•Single Family
961 49th Street, Port Townsend, WA 98368
8%
Under list
—
Days on market
0.1 mi
Distance
$700,000 Sold
3 months ago
3 bd•1 ba•~1,470 sq ft•Single Family
909 55th Street, Port Townsend, WA 98368
7%
Under list
—
Days on market
0.3 mi
Distance
$15,000 Sold
6 months ago
•Single Family
927 Bell Street, Port Townsend, WA 98368
12%
Under list
—
Days on market
0.8 mi
Distance
$475,000 Sold
6 months ago
3 bd•1.5 ba•~1,056 sq ft•Single Family
1453 Lopez Avenue, Port Townsend, WA 98368
5%
Under 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