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.
Property Details
Price:
$8,000,000
MLS #:
NWM2370867
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Cape George
Neighborhood:
481capegeorge
Listed Date:
May 8, 2025
Finished Sq Ft:
1,700
Total Sq Ft:
1,700
Lot Size:
3,049,200 sqft / 70.00 acres (approx)
Year Built:
1940
481 – Cape George481capegeorgeCape GeorgePort Townsend #50Buyer To VerifyBuyer To VerifyBuyer To Verify
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Schools
School District:
Port Townsend #50
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
Interior
Appliances
Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Bathrooms
2 Full Bathrooms
Cooling
None
Fireplaces Total
1
Flooring
Ceramic Tile, Hardwood
Heating
Baseboard
Interior Features
Dining Room, Fireplace, Loft
Levels
Two
Main Level Bathrooms
2
Main Level Bedrooms
1
Exterior
Construction Materials
Wood
Covered Spaces
3
Exterior Features
Wood Products
Garage Spaces
3
Parking Features
Detached Garage, RV Parking
Parking Spots
3
Parking Total
3
Roof
Composition
Security Features
Fully Fenced
Financial
Tax Year
2024
Taxes
$3,367
Map
Community
- Address511 Loftus Road Port Townsend WA
- SubdivisionCape George
- CityPort Townsend
- CountyJefferson
- Zip Code98368
Subdivisions in Port Townsend
- Adelma Beach
- Beckett Point
- Cape George
- Castle Hill
- Discovery Bay
- Downtown
- Dundee Hill
- Eaglemount
- Fort Worden
- Fowler’s Park
- Glen Cove
- Hamilton Heights
- Happy Valley
- Hastings
- Irondale
- Island View Estates
- Kala Point
- Morgan Hill
- North Beach
- Port Townsend
- Prospect Ave.
- South of Port Townsend
- The Colony
- The Village
- Uptown
- W. of Port Townsend
- Woodland Hills
Market Summary
Current real estate data for Single Family in Port Townsend as of Apr 20, 2026
82
Single Family Listed
66
Avg DOM
470
Avg $ / SqFt
$821,704
Avg List Price
Property Summary
- Located in the Cape George subdivision, 511 Loftus Road Port Townsend WA is a Single Family for sale in Port Townsend, WA, 98368. It is listed for $8,000,000 and features 3 beds, 2 baths, and has approximately 1,700 square feet of living space, and was originally constructed in 1940. The current price per square foot is $4,706. The average price per square foot for Single Family listings in Port Townsend is $470. The average listing price for Single Family in Port Townsend is $821,704. To schedule a showing of MLS#nwm2370867 at 511 Loftus Road in Port Townsend, WA, contact your The Agency Bainbridge Island agent at 2068868002.
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Courtesy of Real Broker LLC. Disclaimer: Based on information submitted to the MLS GRID as of Apr-20-2026 7:06:22 am. 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.Copyright 2026. All rights reserved.
511 Loftus Road
Port Townsend, WA
