Mortgage Calculator

-
/monthly
Breakdown
$
%
%
$ per month
Advanced
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
99 XX Rainier ST, Port Townsend, WA 98368
99 XX Rainier ST, Port Townsend, WA 98368
99 XX Rainier ST, Port Townsend, WA 98368
5
See all 5 photos
Listed by:Windermere R.E. Port Townsend • Andreas George Andreadis
$375,000
Est. payment /mo
Save
1.17 Acres Lot
Active

99 XX Rainier ST Port Townsend, WA 98368

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Henry Jamerson

Henry Jamerson

+1(206) 839-6096

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Port Townsend

MLS Listing ID 2528497

Style 42 - Multi-Family

Annual Tax Amount $838

Lot Size 1.170 Acres

Lot Dimensions Irregular

Property Sub-Type Land

Property Description

Discover a rare and unique investment opportunity in the City of Port Townsend. This R-IV Multi-Family parcel is positioned at the corner of Rainier Street and Discovery Road. Much of the critical infrastructure is already established, including utilities in the street, brand-new sidewalks along Discovery Road, and integrated walking trails on Rainier Street that enhance the site's future curb appeal and walkability. This property benefits from R-IV high-density zoning and the City of Port Townsend's Multi-Family Tax Exemption (MFTE) programs. These incentives provide a clear path to maximizing ROI in a high-demand housing market. The R-IV zoning allows for 10–24 dwellings per structure, with a total density range of 15 to 48 units per 40,000 square feet (~1 acre). Whether you envision a residential complex or a maximum-density apartment project, this site offers the rare combination of established infrastructure, tax advantages, and a premier location. Secure one of Port Townsend's high-density parcels in this vibrant community and bring your vision to life.

Location

State WA

County Jefferson

Area 480 - Port Townsend

Interior

Fireplace false

Exterior

Utilities Available Electricity Available

View Y/N Yes

View Territorial

Building

Lot Description Corner Lot, Curbs, Paved, Sidewalk

Sewer In Street

Water In Street

Schools

Elementary Schools Salish Coast Elementary

Middle Schools Blue Heron Mid

High Schools Port Townsend High

School District Port Townsend #50

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Amenities & Attractions
Restaurants
Home Services
Health & Medical
Local Services
Shopping
Recreation
Arts & Entertainment
Food
Beauty
Nightlife
Event Planning & Services
Automotive
Religious Organizations
Financial Services
Professional Services
Travel
Public Services & Government
Local Media
Education
Pets

  • Fiesta Mexican Restaurant

    1232 W Sims Way, Port Townsend, WA 98368

    Mexican Phone: 360-385-2600

  • Khu Larb Thai Restaurant

    225 Adams St, Port Townsend, WA 98368

    Thai Phone: 360-385-5023

  • Hanazono Asian Noodle

    225 Taylor St, Port Townsend, WA 98368

    Japanese Phone: 360-385-7622

  • Ichikawa Japanese Cuisine

    1208 Water St, Port Townsend, WA 98368

    Japanese Phone: 360-379-4000

  • La Isla Family Mexican Restaurant

    1145 Water St, Port Townsend, WA 98368

    Mexican Phone: 360-385-1714

  • Victorian Square Restaurant

    940 Water St, Port Townsend, WA 98368

    Phone: (360) 385-695

  • Highway Twenty Roadhouse

    2152 W Sims Way, Port Townsend, WA 98368

    American (Traditional) Phone: 360-385-7747

  • Metro Bagels

    1980 W Sims Way, Port Townsend, WA 98368

    Bakeries Phone: 360-643-9171

  • The Cup

    600 W Sims Way, Port Townsend, WA 98368

    Diners Phone: 360-379-9059

  • Sentosa Sushi

    1038 Water St, Port Townsend, WA 98368

    Phone: 360-385-2378

  • El Guadalajara

    2322 Washington St, Port Townsend, WA 98368

    Mexican

  • Lehani’s Deli and Coffee

    221 Taylor St, Port Townsend, WA 98368

    Delis Phone: 360-385-3961

  • Burrito Depot

    609 Washington St, Port Townsend, WA 98368

    Phone: 360-385-5856

  • Jordini’s Subs

    929 Water St, Port Townsend, WA 98368

    American (New) Phone: 360-385-2037

  • Banana Leaf Thai Bistro

    609 Washington St, Port Townsend, WA 98368

    Thai Phone: 360-379-6993

Educational Environment

Elementary Schools (4)Middle Schools (4)High Schools (3)
Name
Category
Grades
Library
Ratio
5/10
Blue Heron Middle School
3939 San Juan Ave, Port Townsend, WA 98368
Public
1 - 8
No
STUDENTS/TEACHERS
0/10
Grant Street Elementary School
1637 Grant St, Port Townsend, WA 98368
Public
PK - 8
No
STUDENTS/TEACHERS
0/10
Ocean
1637 Grant St, Port Townsend, WA 98368
Public
KG - 12
No
STUDENTS/TEACHERS
0/10
Swan School
2345 Kuhn St, Port Townsend, WA 98368
Private
PK - 6
Yes
13:1 STUDENTS/TEACHERS
Name
Category
Grades
Library
Ratio
5/10
Blue Heron Middle School
3939 San Juan Ave, Port Townsend, WA 98368
Public
1 - 8
No
STUDENTS/TEACHERS
0/10
Grant Street Elementary School
1637 Grant St, Port Townsend, WA 98368
Public
PK - 8
No
STUDENTS/TEACHERS
0/10
Ocean
1637 Grant St, Port Townsend, WA 98368
Public
KG - 12
No
STUDENTS/TEACHERS
0/10
Jefferson Community School
280 Quincy St, Port Townsend, WA 98368
Private
7 - 12
Yes
7:1 STUDENTS/TEACHERS
Name
Category
Grades
Library
Ratio
5/10
Port Townsend High School
1500 Van Ness St, Port Townsend, WA 98368
Public
9 - 12
No
STUDENTS/TEACHERS
0/10
Ocean
1637 Grant St, Port Townsend, WA 98368
Public
KG - 12
No
STUDENTS/TEACHERS
0/10
Jefferson Community School
280 Quincy St, Port Townsend, WA 98368
Private
7 - 12
Yes
7:1 STUDENTS/TEACHERS

WORK WITH US

Reach out to an expert real estate agent today. Dive into the world of luxury real estate with guidance from our devoted team. Your dream home is within reach.

SELLER SERVICES

We take the stress out of selling your home by providing a seamless experience from start to finish. Our team will put you in the best position to market your home and sell it for the highest possible price.

GET IN TOUCH

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from or on behalf of Premiere Realty, Inc, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

CONTACT US

+1(206) 839-6096