Enjoy amazing water views of the Olympic Mountains, Discovery Bay, Protection Island and San Juan Islands from this spacious 2,421 sq ft, 2-story home nestled on a generous 0.39-acre lot in the Cape George Colony community. Featuring 3 bedrooms and 2.75 baths, this thoughtfully designed home offers plenty of space to relax, entertain, or work from home. Upon entering, you’re welcomed by a split staircase that leads into an open living room filled with natural light. The upper level hosts the main living areas, including the kitchen and a primary bedroom with en suite bath—perfectly positioned for comfort and privacy. The lower level expands your options with a spacious family room, an additional bedroom and ¾ bath, and a dedicated office or library—perfect for remote work, guests, or multi-generational living. Complete with a detached garage, paved RV parking with hookup, and a generator plug-in, this home is as functional as it is beautiful. Residents of Cape George Colony enjoy exceptional amenities, including an indoor swimming pool, clubhouse, wood shop, marina, and pickleball court—offering a vibrant lifestyle just moments from your door.
Pending inspection
Listed by: Windermere R.E. Port Townsend • Jennifer Matheson
Price cut: $51K (7/6)
$799,000
40 Dungeness Place, Port Townsend, WA 98368
3beds
2,421sqft
Single Family Residence
Built in 1987
0.39 Acres Lot
$770,000 Zestimate®
$330/sqft
$159/mo HOA
What's special
- 154 days
- 458
- 11
Zillow last checked:
Listing updated:
Listed by:
Jennifer Matheson,
Windermere R.E. Port Townsend
Source: NWMLS as distributed by MLS GRID,MLS#: 2475005
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Primary bedroom
- Level: Second
Bedroom
- Level: Lower
Bedroom
- Level: Second
Bathroom full
- Level: Second
Bathroom full
- Level: Second
Bathroom three quarter
- Level: Lower
Den office
- Level: Lower
Dining room
- Level: Second
Entry hall
- Level: Split
Family room
- Level: Lower
Kitchen with eating space
- Level: Second
Living room
- Level: Second
Utility room
- Level: Lower
Heating
- Baseboard, See Remarks, Electric, Oil
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Refrigerator, Stove(s)/Range(s), Dishwasher(s), Garbage Disposal, Refrigerator(s), Water Heater: Electric, Water Heater Location: Downstairs-Washer dryer room
Features
- Bath Off Primary, Dining Room
- Flooring: Engineered Hardwood, Vinyl, Carpet
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 2,421
- Total interior livable area: 2,421 sqft
Property
Parking
- Total spaces: 10
- Parking features: Attached Garage, Detached Garage, RV Parking
- Has attached garage: Yes
- Covered spaces: 5
- Uncovered spaces: 5
Features
- Levels: Two
- Stories: 2
- Entry location: Split
- Patio & porch: Bath Off Primary, Dining Room, Walk-In Closet(s), Water Heater, Wired for Generator
- Pool features: Community
- Has view: Yes
- View description: Bay, Mountain(s), Strait
- Has water view: Yes
- Water view: Bay,Strait
Lot
- Size: 0.39 Acres
- Dimensions: 16,988
- Features: Corner Lot, Cul-De-Sac, Paved, Value In Land, Deck, Fenced-Partially, Patio, Rooftop Deck, RV Parking, Shop, Sprinkler System
- Topography: Level,Partial Slope
- Residential vegetation: Garden Space
Details
- Parcel number: 939601407
- Zoning: RR-5
- Zoning description: Jurisdiction: County
- Special conditions: Standard
- Other equipment: Wired for Generator
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,2 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1987
Utilities & green energy
- Electric: Company: PUD
- Sewer: Septic Tank
- Water: Community, Company: Cape George Community
Community & HOA
Community
- Features: Athletic Court, Boat Launch, CCRs, Clubhouse, Park, Playground, Trail(s)
- Subdivision: The Colony
HOA
- Services included: Road Maintenance, Snow Removal, Water
- HOA fee: $478 quarterly
- HOA phone: 360-385-1177
Location
- Region: Port Townsend
Financial & listing details
- Price per square foot: $330/sqft
- Tax assessed value: $692,631
- Annual tax amount: $5,808
- Date on market: 4/4/2026
- Cumulative days on market: 152 days
- Listing terms: Conventional
- Inclusions: Dishwasher(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s)
Estimated market value
$770,000
$732,000 - $809,000
$2,899/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Pending sale | $799,000$330/sqft |
Source:  NWMLS as distributed by MLS GRID #2475005 Report a problem | ||
| 7/6/2026 | Price change | $799,000-6%$330/sqft |
Source: NWMLS as distributed by MLS GRID #2475005 Report a problem | ||
| 6/19/2026 | Price change | $850,000-3.4%$351/sqft |
Source: NWMLS as distributed by MLS GRID #2475005 Report a problem | ||
| 5/8/2026 | Price change | $879,800-2.1%$363/sqft |
Source: NWMLS as distributed by MLS GRID #2475005 Report a problem | ||
| 4/2/2026 | Listed for sale | $899,000+399.4%$371/sqft |
Source: NWMLS as distributed by MLS GRID #2475005 Report a problem | ||
| 5/28/1996 | Sold | $180,000$74/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,003 -2.9% | $692,631 +5.2% |
| 2023 | $1,033 +8.3% | $658,523 +5.7% |
| 2022 | $954 -7.1% | $623,168 +31.8% |
| 2021 | $1,027 -44.7% | $472,815 +18.2% |
| 2019 | $1,857 -1.1% | $399,941 +8.2% |
| 2018 | $1,877 +0.8% | $369,492 +5.3% |
| 2017 | $1,862 -3.4% | $350,949 +3.5% |
| 2016 | $1,928 -4.3% | $339,096 +5.2% |
| 2015 | $2,015 -37.6% | $322,297 |
| 2014 | $3,230 | $322,297 +10% |
| 2013 | $3,230 -0.9% | $292,995 |
| 2010 | $3,258 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 98368
Nearby schools
Schools provided by the listing agent
- Elementary: Salish Coast Elementary
- Middle: Blue Heron Mid
- High: Port Townsend High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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