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.
Active
Listed by: Real Broker LLC • Jody McNamer
$8,000,000
511 Loftus Road, Port Townsend, WA 98368
3beds
1,700sqft
Single Family Residence
Built in 1940
70 Acres Lot
$-- Zestimate®
$4,706/sqft
$-- HOA
What's special
Lush timberlandOpen meadowsExisting vintage residenceMultiple garagesIdyllic acres
- 437 days |
- 809 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Jody McNamer,
Real Broker LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2370867
Loading...
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
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: 5/8/2025
- Cumulative days on market: 438 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
$2,760/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 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98368
Nearby schools
GreatSchools rating
- 6/10Salish Coast ElementaryGrades: PK-5Distance: 3.2 mi
- 4/10Blue Heron Middle SchoolGrades: 6-8Distance: 4.3 mi
- 8/10Port Townsend High SchoolGrades: 9-12Distance: 4.4 mi
- $340,00010 Acres282 Drake Rd, Port Townsend, WA 98368Sold
- $680,0003 bd2 ba2.1k sqft100 Johnson Ave, Port Townsend, WA 98368Sold
- $--2.33 Acres0 Johnson Ave, Pt Townsend, WA 98368Off Market
- $249,0005.17 Acres9999 Protection Ridge Rd, Pt Townsend, WA 98368Lot/Land
- $691,0002 bd2 ba1.5k sqft251 Saddle Dr, Port Townsend, WA 98368Sold
- $270,00010.04 Acres96 Shorts Ln, Pt Townsend, WA 98368Sold
- $700,0002 bd3 ba1.8k sqft450 Saddle Dr, Port Townsend, WA 98368Sold
- $870,0003 bd2 ba2.5k sqft61 Saddle Dr, Port Townsend, WA 98368For Sale
A local agent can set up tours, give advice and negotiate with sellers.
