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MLS: #NWM2523119, Listed By: Jim Munn, Munn Bro's Hood Canal Prop Inc, Source:NWMLS - Northwest Multiple Listing Service

2 XXX Teal Lake Road

Port Ludlow, WA 98365
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Acres37.20

Acres(Lot)

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

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Detail Ic Property Details

Property Type : Land

Price : $660,000

AD Id : 85518217

MLS Id : NWM2523119

Lot Size : 37.20 Acres(Lot)

County : Jefferson

Subdivision: Arrow Pointe Estates

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Feature Features

  • Water Source

    WaterSource: Drilled Well, On Property, See Remarks, Shared Well

  • Lot Information

    Lot Description: Adjacent to Public Land, Dead End Street Lot Square Feet: 1620432 Lot Acres: 37.1999

    Property Information

    Property Type: Land Sub Type: Land Structure Type: None

  • Listing Price Information

    Original List Price:$660000

  • Tax Information

    Annual Tax: $62 Tax Year: 2026 Parcel Number: 821343005

  • School Information

    Elementary School: Buyer To Verify Junior High School: Buyer To Verify Senior High School: Buyer To Verify
  • Utility Information

    Electricity Connected Sewer: Not Available Water Source: Drilled Well, On Property, See Remarks, Shared Well
  • Location Information

    Subdivision: Teal Lake City: Port Ludlow Direction: Call agent.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
N Bay Way, Port Ludlow, WA, 98365 $99,000 -- -- -- 0.42 Acre(Lot)
140 Harolds Hollow, Port Ludlow, WA, 98365 $215,000 -- -- -- 0.83 Acre(Lot)
Hill Street, Port Ludlow, WA, 98365 $85,000 -- -- -- 0.42 Acre(Lot)
Olympic Ridge Drive, Port Ludlow, WA, 98365 $175,000 -- -- -- 2.13 Acres(Lot)
37 Jackson Lane, Port Ludlow, WA, 98365 $135,000 -- -- -- 0.34 Acre(Lot)
21 Camano Lane, Port Ludlow, WA, 98365 $99,900 -- -- -- 0.33 Acre(Lot)
1 XXX Andy Cooper Road, Port Ludlow, WA, 98365 $285,000 -- -- -- 68.86 Acres(Lot)
51 Ames Lane, Port Ludlow, WA, 98365 $158,000 -- -- -- 0.31 Acre(Lot)
Rainier Lane, Port Ludlow, WA, 98365 $80,000 -- -- -- 0.32 Acre(Lot)
639 Rainier Lane, Port Ludlow, WA, 98365 $89,500 -- -- -- 1.34 Acres(Lot)
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ByOwner last updated this listing 06/30/2026 @ 06:20

MLS: NWMLS #2523119 LISTED BY: Jim Munn, Munn Bro's Hood Canal Prop Inc 360-765-4500 SOURCE: NWMLS - Northwest Multiple Listing Service (Listings courtesy of NWMLS - Northwest Multiple Listing Service as distributed by MLS GRID)

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