Active

Listed by: Ideal Real Estate

Price cut: $250K (1/11)

$1,250,000

319 W Reservoir Road, Sequim, WA 98382

--beds

--baths

18.31Acres

Unimproved Land

Built in ----

18.31 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Natural beauty

Presenting one of Sequim’s largest remaining in-city parcels, this 18+ acre development opportunity combines rare scale, prime location, and natural beauty. Favorable zoning allows for up to 8 units per acre—including multiplexes—offering significant flexibility. While current conceptual designs allow for a 109-lot subdivision, maximum density could yield up to 144 units. The site is primed for development with city water and sewer available at the street. Future residents will be captivated by majestic Olympic Mountain backdrops and potential Strait of Juan de Fuca views, all located within the Pacific Northwest’s premier retirement and lifestyle destination.

125 days

105

4

Facts & features

Interior

Features

Has fireplace: No

Interior area

Total structure area: 0

Property

Features

Has view: Yes
View description: City, Strait, Territorial
Has water view: Yes
Water view: Strait

Lot

Size: 18.31 Acres
Features: Paved, Secluded, Irrigation, Partially Cleared
Topography: Level,Sloped

Details

Parcel number: 033030420020
Zoning: R4-8
Zoning description: Multi-Family,Residential,See Remarks,Jurisdiction: City
Special conditions: Standard

Utilities & green energy

Electric: In Street
Gas: Not Available
Sewer: In Street
Water: Available, In Street, See Remarks, Jurisdiction: City of Sequim
Utilities for property: Electricity Available

Community & HOA

Community

Subdivision: Happy Valley

Location

Region: Sequim

Financial & listing details

Tax assessed value: $161,461
Annual tax amount: $9,104
Date on market: 11/26/2025
Cumulative days on market: 126 days
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$2,113/mo

Price history

Date	Event	Price
1/11/2026	Price change	$1,250,000-16.7%
Source: NWMLS as distributed by MLS GRID #2457892 Report a problem
11/26/2025	Listed for sale	$1,500,000+30.5%
Source: NWMLS as distributed by MLS GRID #2457892 Report a problem
2/19/2025	Listing removed	$1,149,000
Source: Olympic Listing Service #381183 Report a problem
10/11/2024	Price change	$1,149,000-4.3%
Source: Olympic Listing Service #381183 Report a problem
8/8/2024	Listed for sale	$1,200,000+33.3%
Source: Olympic Listing Service #381183 Report a problem
8/30/2018	Sold	$900,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,432 +7.2%	$161,461 +1.4%
2023	$1,336 +10.1%	$159,230 +13.9%
2022	$1,213 -7.7%	$139,778 +7.9%
2021	$1,314 +1.4%	$129,495 +1.5%
2020	$1,296	$127,630 +0.7%
2019	--	$126,769 +2.3%
2018	$1,364 +100.9%	$123,900 +1.6%
2017	$679 -52.5%	$121,891 +0.3%
2016	$1,429	$121,512 +5.6%
2015	$1,429	$115,021 +0.5%
2013	$1,429	$114,493 -13.8%
2012	$1,429	$132,863
2010	--	--

Find assessor info on the county website

Monthly payment

Estimated monthly payment

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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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