$550,000
 $2,953 est/mo Sourced by Back At You

427 SE Ely Street,Oak Harbor, WA 98277

Oak Harbor, WA 98277

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Description

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.

Details

MLS #2495105
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site166
Listing Provided ByKeller Williams Western Realty | Anthony Zapata

Features

ZoningOH
Acreage0.69
Property ViewYes

Taxes

Property717

Area Information

StateWA
CountyIsland
CityOak Harbor
Zip Code98277
Area813 North Whidbey Island
Community NameOak Harbor
Listing VS Median (in Oak Harbor)
Price:
$550,000
low | high
Med:
$523,750
54.772727272727% of Average
On site:
166
low | high
Med:
48.5
100% of Average
Sourced by Back At You

Market Activity 98277

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Based on information submitted to the MLS GRID as of September 8, 2026 at 6:33:06 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.

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Learn More About This Property

StateWA
CountyIsland
CityOak Harbor
Zip Code98277
Area813 North Whidbey Island
Community NameOak Harbor
Listing VS Median (in Oak Harbor)
Price:
$550,000
low | high
Med:
$523,750
54.772727272727% of Average
On site:
166
low | high
Med:
48.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $412K - $687K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
579 SE Ely Street Property Photo 1
$1,090,000
579 Se Ely Street
Oak Harbor, WA 98277
579 SE Ely Street Property Photo 1
$795,000
579 Se Ely Street
Oak Harbor, WA 98277
Listing Updated: September 1, 2026 at 10:55:08 AM PDT