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Listed by: Jim Munn (360) 301-4700 | Munn Bro's Hood Canal Prop Inc (360) 765-4500
$599,000
Monthly Est:$2,981
-- Bed
-- Bath
37.2acres lot
2 Xxx Teal Lake Rd, Port Ludlow, WA 98365
$599,000
$2,981/moEst:
Get Pre-Approved
Land
Built in -
$-- HOA
37.2 acres lot
$16,102/acre
Description
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
- Houzeo last checked: 12 hours ago
- Listing updated: September 24, 2026 at 4:30 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2523119
Property Details
Status
Pending
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
37.2 acres lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2523119
MLS Status
Pending Feasibility
Days on Market
106
Cumulative Days on Market
105
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Not Available
Utilities & Energy
Utilities
Electricity Connected
Water Source
Drilled Well, On Property, See Remarks, Shared Well
Other Features
Lot Features
Adjacent To Public Land, Dead End Street
Subdivision Name
Teal Lake
Price History
| Date | Event | Price |
|---|---|---|
09/24/2026 Source: | Pending | $599,000 -9.24% $0/sqft |
06/19/2026 Source: | Price Increased | $660,000 +10.18% $0/sqft |
06/19/2026 Source: | Listed for Sale | $599,000 $0/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 02, 2026, 09:01AM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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