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JRJeff ReynoldsCompass · Seattle

Listed by Justin Weis, Paramount Real Estate Group

Land
Type
426,452 sq ft
Lot
32
Days on market

About this property

Rare opportunity to purchase two neighboring shy 5-acre parcels together for a combined total of nearly 10 acres. Lots 2 and 4 are part of the same short plat and offer privacy, seclusion, and long-term development potential off Delano Road. Previously logged in 2020, the parcels have been subject to a 6-year building permit moratorium that is now nearing its end, creating a timely opportunity for buyers ready to plan ahead. A private gravel easement provides access to both lots, with usable land, natural surroundings, and room to create your vision. Enjoy nearby outdoor amenities including Penrose Point State Park and Lakebay Marina. Owner financing may be available with a large down payment.

Location & commute

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Directions

Property details

Listing details

Listing number
#2538471
Listed
June 11, 2026
Days on market
32

Construction

Style
41 - Res-Over 1 Acre
Structure
None

Lot

Lot features
Dead End StreetOpen Space
Lot size
426,452 sq ft

Terms

Terms offered
CashConventionalOwner Will CarryVA Loan

Utilities

Utilities
Electricity Available
Water
Well Needed
Sewer
Not Available

Schools

District
Peninsula
Elementary
Evergreen Elem
Middle
Key Peninsula Mid
High
Peninsula High

What stands out to you?

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  • None
  • Dead End Street
  • Open Space
  • Cash
  • Conventional
  • Owner Will Carry
  • VA Loan
  • Electricity Available
  • Well Needed
  • Not Available

Listing history

  1. Listed

    $300,000

    June 11, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$1,747

Principal & interest
$1,517
Property tax (est.)
$230

Assumes $60,000 down (20%), a $240,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 14, 2026 at 12:30 AM PDT. 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.