#2396724, Ginny Erickson, Listing office: Windermere R.E. Port Townsend
#2402933·
Listing office: Coldwell Banker Best Homes·
Listing agent: Nicole Blasucci·
Listing office phone: 360-385-0836
$1,650,000 List price
702 Water St Unit 1-3 Port Townsend, WA 98368
5,760 sqft
0.08 acres
$286 / sqft
House
Property details
About 702 Water St Unit 1-3
Iconic architecture and timeless stonework define this historic mixed-use building in the heart of Port Townsend. Situated on a prominent corner lot on Water Street, surrounded by other local businesses, cafes & boutiques, ensuring a steady flow of foot traffic. This property offers 2,000 sq ft of retail space—currently operating as one retail space but easily divisible into two distinct units. Above, youll find 3 spacious apartments featuring 12-foot ceilings, with unit #1 offering peek-a-boo views of Port Townsend Bay. Additional features include a heated basement and a one-car garage. A rare investment opportunity blending history, character, and versatility.
Highlights
HeatingHot Water
StatusActive
Size5,760 sqft
Lot size0.08 Acres
Year built1884
MLS #2402933
ViewBay
Summary
- Flooring Type: Vinyl, Carpet
- View: Bay
- Exterior: Stone
- Heating: Hot Water
- Cooling: None
- List Price: $1,650,000
- Price/SqFt: $286
- HOA Amount: $0
- Lot: Corner Lot, Paved, Sidewalk
- Directions: East on Water St., property sits at the corner of Water St. & Quincy.
- Year Built: 1884
- Stories: 2
- Living Area: 5,760 SqFt
- Lot Size: 0.08 Acres
- MLS Number: 2402933
- MLS Name: NWMLS
- Office Name: Coldwell Banker Best Homes
- Office Phone: (360) 385-0836
- Listing Agent: Nicole Blasucci
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.
DMCA Notice
Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 7:32:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
7
Salish Coast Elementary School
Public District PK-5
1.7 mi
•1637 Grant St
4
Chimacum Elementary School
Public District 3-6
7.2 mi
•91 W Valley Rd
5
Coupeville Elementary School
Public District PK-5
7.3 mi
•6 S Main St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $61,111. Typical income of Port Townsend, WA residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
28%
<35k
46%
35k-100k
26%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
66%
Single, No Kids
5%
Single, with Kids
23%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
3%
12-17 yrs old
12%
18-34 yrs old
51%
35-64 yrs old
27%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Figure Skating
NASCAR
Where do the neighbors shop?
Stein Mart
Kmart
Dick's Sporting Goods
Where do the neighbors go to eat?
Bob Evans
Arbys
Jimmy Johns
What do the neighbors drive?
Lincoln
Buick
GMC
What do the neighbors listen to?
News/Talk/Information
Adult Standards
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 702 Water St Unit 1-3
The listing price of 702 Water St Unit 1-3 property is $1,650,000.
The property 702 Water St Unit 1-3 is a house located in Port Townsend, Washington, 98368.
Active Listing: 702 Water St Unit 1-3 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 702 Water St Unit 1-3 are: Salish Coast Elementary School (GreatSchools Rating 7/10), Chimacum Elementary School (GreatSchools Rating 4/10), Coupeville Elementary School (GreatSchools Rating 5/10), Blue Heron Middle School (GreatSchools Rating 5/10), Coupeville Middle School (GreatSchools Rating 6/10), North Whidbey Middle School (GreatSchools Rating 7/10), Port Townsend High School (GreatSchools Rating 10/10), Ocean (GreatSchools Rating 5/10), Coupeville High School (GreatSchools Rating 7/10).
The property at 702 Water St Unit 1-3 has 0 bathroom.
The property 702 Water St Unit 1-3 is 5,760 SqFt (source: MLS/tax record).
The year of construction for 702 Water St Unit 1-3 is 1884.
This home is located at 702 Water St Unit 1-3 in Port Townsend, WA and zip code 98368. This 5,760 square foot home, which was built in 1884, sits on a 0.08 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 10, 2025 and is currently priced at $1,650,000.
In June 2025 more than 7 listings in Port Townsend, WA were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 7 were sold below. The number of listings in Port Townsend, WA increased by 16.1% between May and June 2025. While the average time on the market in June 2025 was 24 days, the median list price was $664,500.
From Rocket Homes Real Estate and based on county public records data.