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2 Teal Lake Road, Port Ludlow, WA 98365

Port Ludlow
Local realty services provided by:CENTURY 21 Tri-Cities
Listed by: jim munn
Office: munn bro's hood canal prop inc360-765-4500
MLS#:2523119
Source:NWMLS
2 Teal Lake Road,Port Ludlow, WA 98365
$599,000
  • 37.2 Acres
  • Lots / Land
  • Pending Feasibility

Price summary

  • Price:$599,000

About this home

Opportunities like this rarely come along—and they speak to both vision and lifestyle. This 37-acre property on the Olympic Peninsula offers a compelling blend of investment upside and the kind of space buyers dream about owning. Perched above the Hood Canal, the land enjoys expansive southern views stretching across the Olympic Mountains—an ever-changing backdrop of water, sky, and peaks. Whether you’re imagining a private estate, a working farm or ranch, or a multi-generational retreat, the scale and setting here make it possible. For those thinking long-term, the zoning allows for one home per five acres—creating the potential for up to seven 5-acre parcels. Develop now, phase it over time, or simply hold as a legacy investment. With PUD water on site (system development fee per hookup) and power available, much of the heavy lifting is already in place. Currently enrolled in Designated Forest Land status, the property carries extremely low taxes—just $62 per year—making it as...

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Home facts

  • Subdivision & Development:Teal Lake
  • Listing ID #:2523119
  • Updated:November 01, 2026 at 03:43 PM

Structure and exterior

  • Lot area:37.2 Acres
  • Lot Features:Adjacent to Public Land, Dead-end Street

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Drilled Well, On Property, Shared Well

Finances and disclosures

  • Price:$599,000
  • Tax amount:$62 (2026)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of November 1, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved. NWMLS Member Broker: Vicki Monteagudo

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