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  • Listed by: Windermere R.E. Port Townsend
    $1,300,000

    480 Adelma Beach Road, Port Townsend, WA 98368

    3beds
    4,666sqft
    : 
    Single Family Residence
    Built in 1974
    0.77 Acres Lot
    $1,459,600 Zestimate®
    $279/sqft
    $-- HOA

    What's special

    Discover an exceptional waterfront sanctuary on coveted Adelma Beach Rd. Situated just 10 minutes from downtown Port Townsend and set amongst .77 acres of towering second growth fir, this 4,666 SF estate-quality home offers total privacy and unobstructed views of Discovery Bay and the Olympic Mountains. From meticulous upkeep to two major remodels in its lifetime, this property provides a rare opportunity to live in an iconic Northwest location in an idyllic Northwest home. At its heart is the home’s great room, featuring soaring ceilings and a wall of windows that frame the historic Salish Sea and the mountains beyond. The views continue from the dining room and newly remodeled chef’s kitchen and refreshed interior. The floor plan features 2 beds on main with the primary upstairs and ensuite with walk-in sauna. A view loft sitting area upstairs is the icing on the cake! A full bath on each floor, including the large downstairs bonus rooms which open up to the back yard and beach stairs. An additional large interior shop space provides the perfect spot for projects or gear storage, of which there is no shortage. Recent improvements include new HVAC systems, a full exterior refresh/stain, cabin retreat, chicken run, treehouse and all-new heavy-duty stairs winding down to a private beach patio. Plenty of space for garage/ADU! The quality and setting of this property are difficult to overstate. Options and flexibility abound in this rare, move-in-ready waterfront estate.
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    Zillow last checked: 7 hours ago

    Listing updated: 16 hours ago

    Offers reviewed: Mar 20
    Listed by:

    James Fox,

    Windermere R.E. Port Townsend

    Source: NWMLS as distributed by MLS GRID,MLS#: 2487856MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Second
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Second
    Bathroom full
    • Level: Lower
    Bathroom full
    • Level: Main
    Dining room
    • Level: Main
    Entry hall
    • Level: Main
    Family room
    • Level: Lower
    Great room
    • Level: Main
    Kitchen with eating space
    • Level: Main
    Utility room
    • Level: Main
    Heating
    • Fireplace, Ductless, Fireplace Insert, Heat Pump, Wall Furnace, Electric, Wood
    Cooling
    • Ductless
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Refrigerator(s), Washer(s), Water Heater: Electric, Water Heater Location: 2 in basement
    Features
    • Bath Off Primary, Ceiling Fan(s), Dining Room, Loft, Sauna
    • Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
    • Doors: French Doors
    • Windows: Dbl Pane/Storm Window
    • Basement: Daylight,Partially Finished
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning, Main Level: 1, Fireplace
    Interior area
    • Total structure area: 4,666
    • Total interior livable area: 4,666 sqft

    Property

    Parking
    • Parking features: Driveway
    • Uncovered spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Main
    • Patio & porch: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Loft, Sauna, Vaulted Ceiling(s), Water Heater
    • Has view: Yes
    • View description: Bay, Territorial
    • Has water view: Yes
    • Water view: Bay
    • Waterfront features: Medium Bank, Saltwater
    • Frontage length: Waterfront Ft: 100
    Lot
    • Size: 0.77 Acres
    • Features: Paved, Deck, Electric Car Charging, Fenced-Partially, Outbuildings, Patio, Propane
    • Topography: Level,Steep Slope,Terraces
    • Residential vegetation: Garden Space, Wooded
    Details
    • Parcel number: 001324042
    • Zoning: RR-5
    • Zoning description: Jurisdiction: County
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Very Good
    • Year built: 1974
    • Major remodel year: 1974

    Utilities & green energy

    • Electric: Company: Jefferson County PUD
    • Sewer: Septic Tank, Company: Septic
    • Water: Public, Company: Jefferson County PUD

    Community & HOA

    Community
    • Subdivision: Adelma Beach
    Location
    • Region: Port Townsend

    Financial & listing details

    • Price per square foot: $279/sqft
    • Tax assessed value: $1,109,888
    • Annual tax amount: $9,262
    • Offers reviewed: 03/20/2026
    • Date on market: 3/11/2026
    • Cumulative days on market: 2 days
    • Listing terms: Conventional
    • Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
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    Estimated market value

    $1,459,600

    $1.28M - $1.68M

    $4,061/mo

    Price history

    Price history
    DateEventPrice
    3/12/2026Listed for sale$1,300,000+130.5%$279/sqft
    Source: NWMLS as distributed by MLS GRID #2487856 Report a problem
    9/8/2015Sold$564,000-5.8%$121/sqft
    Source: NWMLS as distributed by MLS GRID #817280 Report a problem
    8/12/2015Listed for sale$599,000$128/sqft
    Source: Coldwell Banker Best Homes #817280 Report a problem
    7/23/2015Pending sale$599,000$128/sqft
    Source: Coldwell Banker Best Homes #817280 Report a problem
    7/13/2015Listed for sale$599,000+20%$128/sqft
    Source: Coldwell Banker Best Homes #817280 Report a problem
    4/1/2014Listing removed$499,000$107/sqft
    Source: Coldwell Banker Best Homes #550052 Report a problem
    1/7/2014Price change$499,000-14.7%$107/sqft
    Source: Coldwell Banker Best Homes #550052 Report a problem
    10/6/2013Listed for sale$585,000-15.1%$125/sqft
    Source: Coldwell Banker Best Homes #550052 Report a problem
    1/4/2011Sold$689,000$148/sqft
    Source: NWMLS as distributed by MLS GRID #121541 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$9,418 +5.7%$1,109,888 +9%
    2023$8,907 +14.8%$1,018,111 +9%
    2022$7,757 +6.5%$934,078 +23.3%
    2021$7,283 -1.7%$757,744 +9.7%
    2019$7,409 +2.2%$690,779 +3.2%
    2018$7,249 +10%$669,647 +23.1%
    2017$6,590 +8.1%$544,072 +4.4%
    2016$6,096 +10.9%$520,961 +8.3%
    2015$5,496 +13.9%$480,950
    2014$4,826 $480,950 -14.2%
    2013$4,826 +16.7%$560,290
    2010$4,134 --

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $7,085/mo
    Principal & interest
    $6294
    Property taxes
    $791
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      Climate risks

      Neighborhood: 98368

      Getting around

      3 / 100
      Car-Dependent
      22 / 100
      Somewhat Bikeable

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Salish Coast Elementary
      • Middle: Blue Heron Mid
      • High: Port Townsend High

      Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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