$545,000
Est. $2,995/moPrice reduced $54,500 from the original $599,500 asking price
2 bd•1.75 ba•1,074 sq ft
320 N Palmer Drive, Port Townsend, WA 98368
• Listed Jul 24, 2026•94 days active · 94 cumulative
Listing Broker: RE/MAX FIRST Inc Port Townsend; Staci Matthes; 360-774-1579; staci.matthes@yahoo.com
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Listing Broker: RE/MAX FIRST Inc Port Townsend; Staci Matthes; 360-774-1579; staci.matthes@yahoo.com
About this home
Perched above Palmer Drive on a desirable corner lot, this charming 2-bedroom, 2-bath home blends mid-century design with European flair in the sought-after Cape George Colony community. Enjoy views of Discovery Bay, the Olympic Mountains, and Protection Island, with spectacular sunsets creating the perfect backdrop each evening. Thoughtful updates include energy-efficient ductless heating and cooling and a new electrical panel, providing modern comfort and peace of mind. A cozy propane insert in the living room set within the brick hearth adds both warmth and inviting ambiance. Established landscaping enhances the home's curb appeal while creating a serene setting to relax and take in the scenery. Covered front deck that wraps around to a covered side deck with access from the living room- perfect for entertaining and relaxing. As a resident of Cape George Colony, you'll enjoy an exceptional array of amenities, including a marina, private beach, indoor swimming pool, fitness room, pickleball courts, community workshop, and more. From sunrise over the mountains to glowing evening skies, this home offers an inspiring setting to enjoy the beauty and recreation of the Olympic Peninsula every day.
Listed by Staci Matthes • RE/MAX FIRST Inc Port Townsend
Listing updated: October 15, 2026 at 10:13am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2559615
Open houses
No upcoming open houses scheduled for this property.
Around this home
How much should you offer?
320 N Palmer Drive, Port Townsend, WA 98368
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
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.
Property details
Interior features
- Bath Off Primary
- Dbl Pane/Storm Window
- Dining Room
- Fireplace
- Water Heater
- Fireplace (see remarks)
Kitchen
- Dishwasher
- Dryer
- Refrigerator
- Stove(s)/Range(s)
- Tankless Water Heater
- Washer
Bedrooms
- 2 bedrooms total
- 2 on the main level
Bathrooms
- 1 full bathroom
- 1 three-quarter bathroom (shower, no tub)
- 1.75 bathrooms total (NWMLS count)
- 2 on the main level
Layout
- 1 Story
- 1,074 sq ft finished
- 572 sq ft garage
Flooring
- Ceramic Tile
- Vinyl
- Carpet
Heating & cooling
- Ductless cooling
Schools
Ratings via SchoolDiggerPort Townsend #50 School District
- Salish Coast ElementaryPublic · Grades PK-5—
- Blue Heron Middle SchoolPublic · Grades 6-8 · State rank 234 of 5146/10
- Port Townsend High SchoolPublic · Grades 9-12 · State rank 61 of 3968/10
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.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Topography
- Level,Partial Slope,Sloped
- Vegetation
- Garden Space
- Lot number
- 1
- Zoning jurisdiction
- County
Systems
- Energy source
- Electric,Propane
- Power production
- Electric, Propane
- Water heater
- Electric
- Water heater location
- Closet near the Laundry Room
- Power company
- PUD #1
- Water company
- Cape George HOA
- Irrigation water rights
- No
Rooms & extras
- Pool
- Community
- Bathtubs
- 1
- Showers
- 2
- Fireplaces on main
- 1
New construction
- Square footage source
- Public Records
- Lot size source
- Public Records
- Effective year built source
- Public Records
Manufactured home
- Land lease
- No
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Down payment assistance
6 programs may be available to provide you with up to $27,250 in down payment assistance, depending on your specific information.
Northwest MLS lists this home as eligible for down payment assistance programs
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$3,690 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: RE/MAX FIRST Inc Port Townsend; Staci Matthes; 360-774-1579; staci.matthes@yahoo.com
Market pulse
Port Townsend is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 82 days.
Recent sales nearby
Within 1 mile · last 6 months$120,000 Sold
1 week ago
•Single Family
85 Quinault Loop, Port Townsend, WA 98368
17%
Under list
198
Days on market
0.4 mi
Distance
$815,000 Sold
1 week ago
2 bd•2 ba•~1,526 sq ft•Single Family
31 N Rhododendron Drive, Port Townsend, WA 98368
1%
Under list
94
Days on market
0.1 mi
Distance
$525,000 Sold
4 weeks ago
2 bd•1.75 ba•~1,340 sq ft•Single Family
50 S Palmer Drive, Port Townsend, WA 98368
2%
Under list
41
Days on market
0.4 mi
Distance
$739,000 Sold
4 weeks ago
3 bd•2.75 ba•~2,421 sq ft•Single Family
40 Dungeness Place, Port Townsend, WA 98368
8%
Under list
182
Days on market
0.8 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 Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 26, 2026 at 7:00 PM PT (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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© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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