Unlock the potential of this rare waterfront investment opportunity on Bay Street in Port Orchard! Featuring two separate structures with individual addresses, this property is ideal for an investor, builder, or visionary buyer looking to create a stunning multi-generational retreat, vacation rental setup, or long-term income property.The main home offers 2 bedrooms and 1 bathroom with incredible view potential, while the detached secondary dwelling includes 1 bedroom, 1 bathroom, a full kitchen, and living space — both positioned to capture the beauty of the waterfront setting.This is a true fixer and is being sold AS-IS. The opportunity to maintain the existing footprint and transform these structures into something special is what makes this property so unique. Whether you are looking to renovate for personal use, create an income producing investment, or develop a flexible living arrangement with separate spaces, the possibilities here are substantial.Rare waterfront opportunities with dual living potential like this do not come around often. Bring your contractor, your vision, and your imagination!
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Zillow last checked:
Listing updated:
Listed by:
Jamie Nelson,
Windermere Prof Partners
Source: NWMLS as distributed by MLS GRID,MLS#: 2569491
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2
Primary bedroom
Level: Main
Bedroom
Level: Main
Bathroom three quarter
Level: Main
Dining room
Level: Main
Entry hall
Level: Main
Kitchen without eating space
Level: Main
Living room
Level: Main
Utility room
Level: Main
Heating
Forced Air, Electric, Oil
Cooling
None
Appliances
Included: Dishwasher, Dryer, Refrigerator, See Remarks, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Refrigerator(s), Washer(s), Water Heater: Electric, Water Heater Location: Basement/Utility (ADU)
Features
Flooring: Vinyl, Carpet
Basement: Unfinished
Has fireplace: No
Interior area
Total structure area: 1,453
Total interior livable area: 2,153 sqft
Property
Parking
Total spaces: 3
Parking features: Driveway
Uncovered spaces: 3
Features
Levels: One
Stories: 1
Entry location: Main
Patio & porch: Water Heater
Has view: Yes
View description: Bay, Sound
Has water view: Yes
Water view: Bay,Sound
Waterfront features: Bulkhead, Saltwater, Sound
Frontage length: Waterfront Ft: 120
Lot
Size: 0.27 Acres
Features: Paved, Deck, Outbuildings
Topography: Level
Details
Additional structures: ADU Beds: 1, ADU Baths: 1
Parcel number: 33240110132001
Special conditions: Standard
Construction
Type & style
Home type: SingleFamily
Architectural style: 1 Story w/Bsmnt.
Property subtype: Single Family Residence
Materials
Metal/Vinyl, Wood Siding, Wood Products
Foundation: Poured Concrete
Roof: Composition
Condition
Fixer
Year built: 1930
Utilities & green energy
Electric: Company: PSE
Sewer: Septic Tank, Company: Septic
Water: Individual Well
Community & HOA
Community
Subdivision: Port Orchard
Location
Region: Pt Orchard
Financial & listing details
Price per square foot: $209/sqft
Tax assessed value: $462,420
Annual tax amount: $847
Date on market: 8/16/2026
Cumulative days on market: 6 days
Listing terms: Rehab Loan
Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), See Remarks, Stove(s)/Range(s), Washer(s)
Estimated market value
Zestimate®
$454,200
Estimated sales range
$431,000 - $477,000
Rent Zestimate®
$2,521/mo
Price history
Date
Event
Price
8/15/2026
Pending sale
$449,000$209/sqft
Source: NWMLS as distributed by MLS GRID #2569491Report a problem
8/14/2026
Listed for sale
$449,000$209/sqft
Source: NWMLS as distributed by MLS GRID #2569491Report a problem