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  • Listed by: Washington Real Estate • Jason Pittman
    $249,000

    51 E Oakland Bay Drive, Shelton, WA 98584

    --beds
    --baths
    1.74Acres
    Unimproved Land
    Built in ----
    1.74 Acres Lot
    $-- Zestimate®
    $--/sqft
    $8/mo HOA

    What's special

    Oakland bay waterfront property
    Imagine building your dream waterfront home without the delays, uncertainty, and expense that typically come with developing a vacant lot. This exceptional Oakland Bay waterfront property offers a rare turnkey opportunity with nearly all of the pre-construction work already completed. The property includes 4-bedroom septic approval, a geotechnical report, wetland delineation, drainage plan, and an approved setback variance. A custom home has already been designed and is ready to move into engineering, allowing you to fast-track the building process while still making the design your own. Wake up to stunning waterfront views, hike down to your own shoreline, and enjoy the peaceful setting of Oakland Bay while knowing the most challenging development hurdles have already been cleared. Whether you're planning a luxury primary residence, weekend retreat, or legacy waterfront home, this property offers an exceptional combination of location, preparation, and value. Rarely does a waterfront lot come to market this far along in the development process. Bring your builder—or use the one already familiar with the property—and start building sooner than you ever thought possible.
    28 days
    |
    275
    |
    12
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jason Pittman,

    Washington Real Estate

    Source: NWMLS as distributed by MLS GRID,MLS#: 2562284MLS Logo

      Facts & features

      Interior

      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 0

      Property

      Features
      • Has view: Yes
      • View description: Bay, Mountain(s), Territorial
      • Has water view: Yes
      • Water view: Bay
      • Waterfront features: High Bank
      • Frontage length: Waterfront Ft: 139+
      Lot
      • Size: 1.74 Acres
      • Features: Dead End Street, Brush, Evergreens
      • Topography: Level,Sloped
      Details
      • Parcel number: 320027590121
      • Zoning: RR5
      • Zoning description: Residential,Jurisdiction: County
      • Special conditions: Standard

      Utilities & green energy

      • Electric: In Street
      • Gas: Not Available
      • Sewer: Not Available, Septic Design Applied
      • Water: Well Site Approved
      • Utilities for property: Electricity Available, Septic Design Applied

      Community & HOA

      Community
      • Subdivision: Oakland Bay
      HOA
      • Services included: Road Maintenance
      • HOA fee: $90 annually
      Location
      • Region: Shelton

      Financial & listing details

      • Tax assessed value: $53,385
      • Annual tax amount: $391
      • Date on market: 7/29/2026
      • Cumulative days on market: 29 days
      • Listing terms: Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,639/mo

        Price history

        DateEventPrice
        7/31/2026Listed for sale$249,000+42.3%
        Source: NWMLS as distributed by MLS GRID #2562284 Report a problem
        10/17/2025Listing removed--
        Source: Owner Report a problem
        9/18/2025Pending sale$175,000
        Source: Owner Report a problem
        6/18/2025Listed for sale$175,000+89.2%
        Source: Owner Report a problem
        4/25/2024Sold$92,500-26%
        Source: NWMLS as distributed by MLS GRID #2022250 Report a problem
        3/23/2024Pending sale$125,000
        Source: NWMLS as distributed by MLS GRID #2022250 Report a problem
        9/23/2023Price change$125,000-16.6%
        Source: NWMLS as distributed by MLS GRID #2022250 Report a problem
        3/16/2023Listed for sale$149,950
        Source: NWMLS as distributed by MLS GRID #NWM2022250 Report a problem
        3/16/2023Pending sale$149,950
        Source: NWMLS as distributed by MLS GRID #NWM2022250 Report a problem
        12/13/2022Listed for sale$149,950+50%
        Source: NWMLS as distributed by MLS GRID #2022250 Report a problem
        11/9/2006Sold$99,950
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$364 -6.9%$53,385
        2024$391 +2.4%$53,385 -21.7%
        2023$382 -28.7%$68,180 +20%
        2022$536 $56,820 -28%
        2021-- $78,915 -20%
        2020$770 -26.1%$98,645 +10.4%
        2018$1,042 +23.9%$89,385
        2017$841 -9.9%$89,385 -1%
        2016$933 -10.3%$90,250 +5.6%
        2015$1,040 +5.3%$85,500 +20%
        2014$988 $71,250 -6.3%
        2013$988 $76,000
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 98584

        Getting around

        1 / 100
        Car-Dependent
        24 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Pioneer Primary Sch
        • Middle: Pioneer Intermed/Mid
        • High: Shelton 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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