34550 N US Highway 101 - Agricultural LAND FOR SALE


Lilliwaup, WA 98555 6,534 SF
$1,250,000 USD
360-230-5571
34550 N US Highway 101, Lilliwaup, WA for Sale
$1,250,000 USD
Agricultural LAND - FOR SALE
1/42
6,534 SF

34550 N US Highway 101
Lilliwaup, WA 98555


HIGHLIGHTS

  • 33.49 Acres + Approx. 9.16 Acres of Fee-Owned Hood Canal Tidelands
  • Established Commercial Aquaculture – Oysters, Manila Clams & Geoduck
  • 658± Feet of Hood Canal Waterfront + Hwy 101 Frontage
  • 26.58-Acre Timber Parcel Adjoining Thousands of Acres of Public DNR Land
  • Existing Water Rights for 2 Additional Residential + 14 Additional RV Connections
  • Private Water System + 7 Septic Systems + Existing Power & Infrastructure

OVERVIEW

Rare Hood Canal investment, aquaculture and land opportunity encompassing three parcels totaling 33.49 acres, plus approximately 9.16 acres of fee-owned Hood Canal tidelands and approximately 658 feet of waterfront. The offering combines an established commercial shellfish growing property, substantial timbered acreage, waterfront infrastructure and the underlying fee interest in land occupied by Jorstad Creek Resort—creating an unusual combination of current resource-based income potential and long-term land value. Commercial Aquaculture: The Hood Canal waterfront and tidelands support established commercial cultivation of Pacific oysters, Manila clams and geoduck. Existing improvements include a waterfront aquaculture/processing facility with a new metal roof and upgraded electrical service, along with harvest infrastructure and certain equipment available with the sale. Seller-provided planting and inventory information indicates substantial existing cultivated shellfish stock. Commercial aquaculture operations may continue subject to applicable licensing, permitting, treaty harvest rights and regulatory requirements. Timber & Future-Use Acreage: Across Highway 101, approximately 26.58 acres of heavily wooded land adjoins thousands of acres of public DNR land. The property contains merchantable timber, existing trails and significant resource/recreational potential. Seller is currently pursuing a Forest Practices Application associated with a potential partial timber harvest. Existing water rights provide capacity associated with up to two additional residential connections and 14 additional RV connections, subject to applicable land-use, septic and permitting requirements. Jorstad Creek Resort Leased-Fee Interest: The sale includes the underlying fee ownership of the parcel occupied by Jorstad Creek Resort. The Resort organization/business and individual member interests are separately owned and are not included in the sale. The Resort operates pursuant to a long-term ground lease extending through December 31, 2083. Buyer acquires the property owner's/landlord's interest under the applicable Resort agreements. Infrastructure: Private water system and water rights, seven separate septic systems serving various portions of the property, existing power and substantial established site infrastructure. The property offers multiple potential paths for a new owner—from continuing and expanding commercial shellfish production, to managing timber/resource assets, exploring future development of the upland acreage, or creating a private Olympic Peninsula retreat while retaining the property's existing commercial components. Recently independently appraised at $1,600,000; offered at $1,250,000. Extensive due-diligence documentation is available, including preliminary title, Resort lease and related agreements, water-right records, septic records, aquaculture and shellfish harvest documentation, forestry information and appraisal. Buyer to verify suitability of the property for buyer's intended use.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/ACRE

$8,333,333/AC

PRICE/SF

$191 USD /SF

# OF LOTS

-

ON GROUND LEASE

Yes

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Agricultural

LAND PROPOSED USE

Commercial, Mixed Use, Hold for Development, Hold for Investment, Trailer/Camper Park, Agricultural, Agribusiness, Timberland, Single Family Residence

LAND ACRES

0.15 AC

LAND SF

6,534 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Streets

ZONING

RT / RNR

APN/PARCEL ID

32434-33-00000,32434-33-00010,32434-51-00000

ASK ABOUT THIS PROPERTY

Matthew ClarkWilliam Davis RealtyMore Info
360-230-5571

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Matthew ClarkWilliam Davis RealtyMore Info
360-230-5571

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.