Listing provided courtesy of Keller Williams Western RealtyNWMLSMLS# NWM2495105MLS Provider
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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.

Source: NWMLS, MLS#: NWM2495105

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  • Property Type
    Land
  • Lot
    0.69 acres

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  • Median Age
    34
  • Population Density
    546
  • College Educated
    40%
  • Estimated Median Income
    $61,373
  • Estimated Total Home Owners
    8,798
  • Estimated Total Renters
    7,177
  • Owner / Renter Divide
    55% / 45%
  • Estimated Average Household Size
    2
  • Total Population
    38,844
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 427 SE Ely Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/26/2026Source: NWMLS Added to Database
March 26, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021