$495,000
427 Ely Street
Oak Harbor, WA 98277
Beds
—
Baths
—
Sq Ft
—
Lot
0.69 ac
Year built
—
Type
Land
Days listed
0
MLS #
2592489
About this home
Rare opportunity to acquire a shovel-ready townhouse development site in Oak Harbor, WA. Situated on over half an acre in a growing residential area, this project offers an exceptional chance to deliver much-needed housing in a highly desirable location. Ideally positioned near the naval base, downtown Oak Harbor, shopping, dining, and everyday services, the site provides strong appeal for future residents. The current owner has completed extensive pre-development work, including stormwater and civil engineering, architectural plans for 10 townhouse units with potential for 11, structural engineering, and city planning approval. Thoughtfully designed with an eco-conscious approach to the lot and topography, the project minimizes the need for significant dirt work, helping reduce both cost and development timeline. With key groundwork already in place, this offering allows developers to move forward with confidence and efficiency. Oak Harbor’s expanding community, steady housing demand, and convenient in-town setting make this a compelling investment opportunity. Don’t miss the chance to bring this well-positioned project to life.
Property details
- View
- Territorial
- Lot
- Corner Lot, Curbs, Paved, Sidewalk
- Water source
- Available
- Sewer
- In Street
- Utilities
- Electricity Available, Natural Gas Available
Costs
- Annual taxes
- $717 (2025)
Estimate your monthly payment
$2,563/mo
- Principal & interest
- $2,503
- Property taxes
- $60
Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.
Location
Oak Harbor, WA 98277
Approximate location. Contact us to confirm the exact address.
Listing courtesy of Keller Williams Western Realty— Anthony Zapata.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.
Interested in this home?
Request a private tour or ask a question — a local agent will respond personally.