1 Teal Lake Road

Port Ludlow, WA 98365

Rarely does a parcel like this come along. Set on 58 rolling acres in a prime area of the Olympic Peninsula, this expansive property offers the kind of space, freedom, and potential that’s getting harder to find. A network of established roads winds throughout the land, making it easy to explore, plan, and bring your vision to life. Recently logged and replanted with Douglas fir, the landscape is on its way to becoming a thriving, private forest once again—while still offering open ground ideal for pasture, riding, or future improvements. Equestrians and agricultural buyers will immediately recognize the appeal: gently rolling terrain, usable acreage, and room to create a true working ranch or hobby farm. Zoned as Designated Forest Land (DFL), the property also benefits from exceptionally low annual costs—currently just $79 per year in property taxes. Despite its peaceful, rural feel, you’re conveniently close to Port Ludlow, the Hood Canal Bridge, and Poulsbo, making for an easy commute while still enjoying the privacy and quiet of country living. Large acreage parcels in this location are increasingly rare—especially with this combination of accessibility, tax advantage, and usability. If you’ve been waiting for the right place to build out your ranch or farm dream, this is your opportunity to make it real. Contact your agent for a private showing. ALL visits must have listing agent approval. Adjacent parcel also available. MLS # 2523119

Courtesy of NWMLS
Listing courtesy of Jim Munn of Munn Bro's Hood Canal Prop Inc



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Last checked: 2026-07-17 05:15 PM PDT