$950,000
Est. $4,794/mo3 bd•1 ba•1,185 sq ft
839 49th Street, Port Townsend, WA 98368
• Listed 2026-05-05•4 days on market
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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: June 3, 2026 at 11:36am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2515183
Open houses
No upcoming open houses scheduled for this property.
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839 49th Street, Port Townsend, WA 98368
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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 1% below list price.
Time on market: The average home goes pending in around 19 days.
$15,000 Sold
4 months ago
•Single Family
927 Bell Street, Port Townsend, WA 98368
12%
Under list
—
Days on market
0.8 mi
Distance
$475,000 Sold
4 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
$1,780,000 Sold
5 months ago
4 bd•3.5 ba•~4,605 sq ft•Single Family
1253 Umatilla Avenue, Port Townsend, WA 98368
15%
Under list
—
Days on market
0.7 mi
Distance
$725,000 Sold
5 months ago
1 bd•~572 sq ft•Single Family
2219 Rose, Port Townsend, WA 98368
38%
Over list
—
Days on market
0.8 mi
Distance
$40,000 Sold
5 months ago
•Single Family
0 Lots 1-4 Hendricks Street, Port Townsend, WA 98368
1%
Over list
—
Days on market
0.5 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
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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.