With an existing commercial income producing property and residential home this opportunity offers flexibility to develop 1, 2 or 3 parcels or develop over time. 3 Parcels included. This prime waterfront development opportunity on Poulsbo’s scenic Liberty Bay offers a rare chance to create a premier residential community with potential commercial elements. Up to 46 units possible. Buyer to verify. The expansive property provides stunning views, direct water access, and a serene Pacific Northwest setting, making it ideal for luxury homes, townhouses, or a mixed-use neighborhood. Strategically located near Poulsbo’s charming downtown, the site allows for easy access to shopping, dining, and local amenities.
Active
Listed by: Jae Evans Real Estate • Jae Evans
Price cut: $250K (5/6)
$1,000,000
19531 Front Street NE, Poulsbo, WA 98370
--beds
--baths
2.55Acres
Unimproved Land
Built in ----
2.55 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Stunning viewsScenic liberty baySerene pacific northwest settingDirect water access
- 480 days |
- 459 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Jae Evans,
Jae Evans Real Estate
Source: NWMLS as distributed by MLS GRID,MLS#: 2349762
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Features
- Has view: Yes
- View description: Bay, Mountain(s), Sound, Territorial
- Has water view: Yes
- Water view: Bay,Sound
- Waterfront features: Medium Bank
Lot
- Size: 2.55 Acres
- Features: Curbs, Paved, Sidewalk
- Topography: Sloped
Details
- Parcel number: 15260141012008
- Zoning description: Commercial,Multi-Family,Residential,Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: On Property
- Gas: Available
- Sewer: In Street, On Property
- Water: Available, In Street, On Property
- Utilities for property: Electricity Connected, Natural Gas Available
Community & HOA
Community
- Subdivision: Poulsbo
Location
- Region: Poulsbo
Financial & listing details
- Tax assessed value: $416,420
- Annual tax amount: $3,735
- Date on market: 3/25/2025
- Cumulative days on market: 482 days
- Listing terms: Conventional
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Price change | $1,000,000-20% |
Source:  NWMLS as distributed by MLS GRID #2349762 Report a problem | ||
| 12/16/2025 | Price change | $1,250,000-16.7% |
Source: NWMLS as distributed by MLS GRID #2349762 Report a problem | ||
| 3/26/2025 | Listed for sale | $1,500,000 |
Source: NWMLS as distributed by MLS GRID #2349762 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,735 -3.4% | $416,420 -6.2% |
| 2023 | $3,868 +8.3% | $444,060 +10.1% |
| 2022 | $3,573 +14.1% | $403,260 +20% |
| 2021 | $3,131 +15.9% | $336,050 +25% |
| 2020 | $2,703 +10% | $268,830 +12% |
| 2019 | $2,456 +4.9% | $240,030 +23.6% |
| 2018 | $2,341 | $194,190 |
| 2017 | $2,341 +4.9% | $194,190 |
| 2016 | $2,233 -7.9% | $194,190 +10% |
| 2015 | $2,423 | $176,530 |
| 2014 | $2,423 | $176,530 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 98370
Nearby schools
GreatSchools rating
- 9/10Poulsbo Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 8/10Poulsbo Junior High SchoolGrades: 6-8Distance: 1.4 mi
- 10/10North Kitsap High SchoolGrades: 9-12Distance: 1.2 mi
- $650,0003 bd2 ba1.2k sqft19441 1st Ave NE, Poulsbo, WA 98370For Sale
- $529,0002 bd2 ba1.2k sqft32 NE Sunset St, Poulsbo, WA 98370Sold
- $500,0002 bd1 ba880 sqft40 NE Sunset St, Poulsbo, WA 98370Sold
- $640,0003 bd3 ba1.5k sqft15 NE Sunset St, Poulsbo, WA 98370Sold
- $530,0002 bd1 ba880 sqft68 NE Sunset St, Poulsbo, WA 98370Sold
- $366,3002 bd2 ba845 sqft123 NE Myreboe St #11A, Poulsbo, WA 98370Off Market
- $559,0002 bd2 ba1.2k sqft104 NE Sunset St, Poulsbo, WA 98370Pending
- $660,0003 bd3 ba1.6k sqft95 NE Sunset St, Poulsbo, WA 98370Sold
A local agent can set up tours, give advice and negotiate with sellers.
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