21380 N US Highway 101 - Shelton, WA 98584$1,500,000

Home for Sale in the Hood Canal Neighborhood

Bedroom(s): 4 | Bathroom(s): 1 | Approx. Sq Ft: 5,036

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Brandon Johnson at
(360) 456-3366

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21380 N US Highway 101 Shelton, WA Description:

Are you seeking an ultra-rare short term rental investment? This 8-unit compound is the one for you! Situated on 95 ft of Hood Canal shoreline is a waterfront home, four 1-bedroom apartments, and three studios?ALL OF WHICH ARE CONNECTED TO SEWER!! Take on the comprehensive remodel and update this property into a cash machine. The shoreline is protected by a bulkhead and includes a private dock that can be improved to a usable condition within the existing dock footprint. A private artesian well supplies all units. There are no restrictions for STR or long-term rentals to offset the cost of ownership. Located just minutes South of Hoodsport, you will never find another Hood Canal waterfront property with this much rental income potential!

21380 N US Highway 101 Shelton, WA Information:

Date Listed: 04-02-2024

Listing Number: 2211635

Year Built: 1935

Parcel ID: 422262400050

Third Party Required (Short Sale): None

Terms of Financing: Cash Out, Rehab Loan

View: Canal, See Remarks, Territorial

Full Baths: 1

Bedrooms: 4

Community Name: Hood Canal

County: Mason

Nearby Bus Route: Yes

Finished Squarefootage: 1,396

Waterfront Footage: 95

Lot Size: 0.57 acres

Lot Details: Paved

Lot Topography:

Property Tax: $3,072

Tax Year: 2023

Architecture: See Remarks

Building Condition: Fixer

Building Information: Built On Lot

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21380 N US Highway 101 Shelton, WA Amenities:

Appliances Provided: Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

Flooring: Concrete, See Remarks, Vinyl

Fireplaces: 1

Basement: None

Roofing:

Sewer: Sewer Connected

Foundation: Concrete Ribbon, Post & Pillar, Slab

Exterior: Brick, Cement/Concrete, Wood, Wood Products

Energy Source: Electric, Wood

Water Source: Individual Well, Private

Garage Spaces: 2

New Construction: N

Waterfront: Bank-Low, Bulkhead, Canal Access, Creek, Saltwater

Site Features: Dock, Fenced-Partially, Moorage, Outbuildings, RV Parking, Shop

Interior Features: Concrete, Walk-In Closet(s), Fireplace, Water Heater

Style Code: 10 - 1 Story

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Directions to 21380 N US Highway 101 Shelton, WA: From I-5, take Exit 104 for US 101. Take the US-101 N exit toward Shelton/Port Angeles, stay on US-101, property is on Right just North of Potlach State Park.

21380 N US Highway 101 is a home for sale in the hood canal neighborhood which includes 4 Beds, 1 Bath, 5,036 sq.ft. of living space, 0.57 acres of land, and was built in 1935. It was listed on 04-02-2024 and has been on the market cumulatively for 25 days. The list price of $1,500,000 is 229.85% higher than the median listed price of $454,747 for other real estate for sale in Shelton. 21380 N US Highway 101 . The price per square foot is $297.86 which is 4.10% higher when compared to the average price per square foot of Shelton at $286.13. Want to see more real estate for sale? Search our available homes, condos, vacant land and rentals in Mason County and Shelton .

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BLUE SUMMIT REALTY
4705 Lacey Blvd. SE
Lacey, WA 98503
Phone: (360) 688-4073

Real estate listings held by IDX Brokerage firms other than Blue Summit Realty are marked with the NWMLS "three tree" NWMLS Logo icon. The information contained in this listing has not been verified by Blue Summit Realty, LLC and should be verified by the buyer. Equal Housing Opportunity. All Information Deemed Reliable, But Is Not Fully Guaranteed.