Active

Listed by: Real Broker LLC

$8,000,000

511 Loftus Road, Port Townsend, WA 98368

3beds

1,700sqft

Est.:

Single Family Residence

Built in 1940

70 Acres Lot

$-- Zestimate^®

$4,706/sqft

$-- HOA

What's special

Lush timberlandOpen meadowsExisting vintage residenceMultiple garagesIdyllic acres

Rare opportunity: Rich with natural beauty, over 70 idyllic acres (property is combined with two other parcels for a total of 70+ acres), first time on the market in 40+ years. Ideal for an exclusive equestrian estate, luxury residential community, or visionary development. Diverse terrain, lush timberland, open meadows, an existing vintage residence, multiple garages, and outbuildings. Close to vibrant downtown, top-rated schools, and coastal charm. Seize this exceptional investment opportunity and chance to build an enduring legacy or elite equestrian haven. With its commanding acreage, excellent location, and versatile zoning, your canvas for luxury living awaits.

342 days

1,337

15

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 1

Primary bedroom

Level: Main

Bathroom full

Level: Main

Bathroom full

Level: Main

Den office

Level: Main

Dining room

Level: Main

Entry hall

Level: Main

Kitchen with eating space

Level: Main

Living room

Level: Main

Heating

Fireplace, Baseboard, Electric, Propane, Wood

Cooling

None

Appliances

Included: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

Features

Dining Room, Loft
Flooring: Ceramic Tile, Hardwood
Basement: None
Number of fireplaces: 1
Fireplace features: Wood Burning, Main Level: 1, Fireplace

Interior area

Total structure area: 1,700
Total interior livable area: 1,700 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 3
Parking features: Detached Garage, RV Parking
Garage spaces: 3

Features

Levels: Two
Stories: 2
Entry location: Main
Patio & porch: Dining Room, Fireplace, Loft

Lot

Size: 70 Acres
Features: Arena-Outdoor, Barn, Cable TV, Deck, Fenced-Fully, High Speed Internet, Irrigation, Outbuildings, RV Parking, Shop, Stable

Details

Parcel number: 001182007
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: 2 Story
Property subtype: Single Family Residence

Materials

Wood Products
Foundation: Poured Concrete
Roof: Composition

Condition

Year built: 1940

Utilities & green energy

Sewer: Septic Tank
Water: Individual Well

Community & HOA

Community

Subdivision: Cape George

Location

Region: Port Townsend

Financial & listing details

Price per square foot: $4,706/sqft
Tax assessed value: $673,484
Annual tax amount: $3,367
Date on market: 5/7/2025
Cumulative days on market: 344 days
Listing terms: Conventional,Farm Home Loan,FHA,USDA Loan
Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

Estimated market value

Not available

Estimated sales range

Not available

$2,839/mo

Price history

Date	Event	Price
8/18/2025	Price change	$8,000,000-20%$4,706/sqft
Source: NWMLS as distributed by MLS GRID #2370867 Report a problem
5/8/2025	Listed for sale	$10,000,000$5,882/sqft
Source: NWMLS as distributed by MLS GRID #2370867 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,481 +3.4%	$673,484 +7.7%
2023	$3,366 +14.7%	$625,569 +11.3%
2022	$2,935 +4.5%	$562,218 +16.3%
2021	$2,809 +3%	$483,457 +10%
2019	$2,727 -2.4%	$439,506
2018	$2,793 +6.5%	$439,506 +18.1%
2017	$2,623 +6.3%	$372,239
2016	$2,467 +6.1%	$372,239
2015	$2,325 +6.2%	$372,239
2014	$2,188	$372,239 +5%
2013	$2,188 -0.5%	$354,515
2010	$2,199	--