Property Details
2 XXX Teal Lake Road
Port Ludlow, WA 98365
$660,000
Active
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About This Home
Opportunities like this rarely come along—and they speak to both vision and lifestyle. This 37-acre property on the Olympic Peninsula offers a compelling blend of investment upside and the kind of space buyers dream about owning. Perched above the Hood Canal, the land enjoys expansive southern views stretching across the Olympic Mountains—an ever-changing backdrop of water, sky, and peaks. Whether you’re imagining a private estate, a working farm or ranch, or a multi-generational retreat, the scale and setting here make it possible. For those thinking long-term, the zoning allows for one home per five acres—creating the potential for up to seven 5-acre parcels. Develop now, phase it over time, or simply hold as a legacy investment. With PUD water on site (system development fee per hookup) and power available, much of the heavy lifting is already in place. Currently enrolled in Designated Forest Land status, the property carries extremely low taxes—just $62 per year—making it as practical to hold. Despite the peaceful, rural feel, you’re just minutes from Port Ludlow, the Hood Canal Bridge, and Poulsbo, giving you easy access to amenities while preserving privacy and quiet. Whether you’re an investor looking for a site with multiple options or a buyer searching for a large, view parcel to call your own, this property delivers both. Contact your agent for a private showing. ALL visits must have listing agent approval – Adjacent parcel available. MLS 2523478
Property Details
Property Information
Property Type
Land
Subtype
Land
Status
Active
County
Jefferson
Neighborhood
Teal Lake
Listed
Jun 19, 2026
Parcel Number
821343005
Tax & HOA
Annual Property Tax
$62 (2026)
Est. Monthly Tax
$5/mo
Interior Features
Bathrooms
0.0
Exterior & Lot
Lot Size
37.20 sqft
Sewer
Not Available
Water Source
Drilled Well, On Property, See Remarks, Shared Well
Utilities
Electricity Connected
Lot Features
Adjacent to Public Land, Dead End Street
Community & Access
Directions
Call agent.
Location
City
Port Ludlow
County
Jefferson
Coordinates
47.87241, -122.66906
Schools
School District
Chimacum #49
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Additional Information
Tax Year
2026
Annual Taxes
$62
Possession
Array
Mortgage Calculator
Estimated Monthly Payment
$0
Down Payment
$0
Loan Amount
$0
Provided by Beyond Real Estate, LLC
