Presenting one of Sequim’s largest remaining in-city parcels, this 18+ acre development opportunity combines rare scale, prime location, and natural beauty. Favorable zoning allows for up to 8 units per acre—including multiplexes—offering significant flexibility. While current conceptual designs allow for a 109-lot subdivision, maximum density could yield up to 144 units. The site is primed for development with city water and sewer available at the street. Future residents will be captivated by majestic Olympic Mountain backdrops and potential Strait of Juan de Fuca views, all located within the Pacific Northwest’s premier retirement and lifestyle destination.
Active
Listed by: Ideal Real Estate • Joanne Soderlind
$1,250,000
319 W Reservoir Road, Sequim, WA 98382
--beds
--baths
18.31Acres
Unimproved Land
Built in ----
18.31 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Natural beauty
- 293 days
- 65
- 0
Zillow last checked:
Listing updated:
Listed by:
Joanne Soderlind,
Ideal Real Estate,
Brody Broker,
Ideal Real Estate
Source: NWMLS as distributed by MLS GRID,MLS#: 2457892
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Features
- Has view: Yes
- View description: City, Mountain(s), Strait, Territorial
- Has water view: Yes
- Water view: Strait
Lot
- Size: 18.31 Acres
- Features: Paved, Secluded, Irrigation, Partially Cleared
- Topography: Level,Sloped
Details
- Parcel number: 033030420020
- Zoning: R4-8
- Zoning description: Multi-Family,Residential,See Remarks,Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: In Street
- Gas: Not Available
- Sewer: In Street
- Water: Available, In Street, See Remarks, Jurisdiction: City of Sequim
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: Happy Valley
Location
- Region: Sequim
Financial & listing details
- Tax assessed value: $169,916
- Annual tax amount: $9,104
- Date on market: 11/26/2025
- Cumulative days on market: 294 days
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 1/11/2026 | Price change | $1,250,000-16.7% |
Source:  NWMLS as distributed by MLS GRID #2457892 Report a problem | ||
| 11/26/2025 | Listed for sale | $1,500,000+30.5% |
Source: NWMLS as distributed by MLS GRID #2457892 Report a problem | ||
| 2/19/2025 | Listing removed | $1,149,000 |
Source: Olympic Listing Service #381183 Report a problem | ||
| 10/11/2024 | Price change | $1,149,000-4.3% |
Source: Olympic Listing Service #381183 Report a problem | ||
| 8/8/2024 | Listed for sale | $1,200,000+33.3% |
Source: Olympic Listing Service #381183 Report a problem | ||
| 8/30/2018 | Sold | $900,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,640 +14.5% | $169,916 +5.2% |
| 2024 | $1,432 +7.2% | $161,461 +1.4% |
| 2023 | $1,336 +10.1% | $159,230 +13.9% |
| 2022 | $1,213 -7.7% | $139,778 +7.9% |
| 2021 | $1,314 +1.4% | $129,495 +1.5% |
| 2020 | $1,296 | $127,630 +0.7% |
| 2019 | -- | $126,769 +2.3% |
| 2018 | $1,364 +100.9% | $123,900 +1.6% |
| 2017 | $679 -52.5% | $121,891 +0.3% |
| 2016 | $1,429 | $121,512 +5.6% |
| 2015 | $1,429 | $115,021 +0.5% |
| 2013 | $1,429 | $114,493 -13.8% |
| 2012 | $1,429 | $132,863 |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 98382
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