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

Shelton, WA, 98584
$ 1,500,000
Bedrooms4 Baths1.0 Sq 1,396

Monthly Estimate*

$ 9,969

Listed by COMPASS
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Single Family Home for sale in Shelton, WA

for $1,500,000 with 4 bedrooms and 1 full bath. This 1,396 square foot home was built in 1935 on a lot size of 0.57.

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!

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Single Family Active

Price

$ 1,500,000

Bedrooms

4

Full Bath

1

Property Type

Single Family

Taxes

$ 3,072

Style

Lot Size

0.57

Year Built

1935

Town/City

Shelton

County/Region

Mason

MLS | Web ID

2211635

Features
General
Interior Features Concrete Walk-In Closet(s) Fireplace Water Heater
Sewer Sewer Connected
Heating Stove/Free Standing
Cooling None
Possession Closing
Roof Composition Metal
Appliances Dryer(s) Refrigerator(s) Stove(s)/Range(s) Washer(s)
Exterior Features Brick Cement/Concrete Wood Wood Products
HOA 0
Garage Spaces 2
Architectural Style See Remarks
Security Features FullyFenced
Year Built 1935
View Canal See Remarks Territorial
Topography Level
Levels One
Property SubType Residential
Tax Year 2023
Waterfront Features Bank-Low Bulkhead Canal Access Creek Saltwater
County Mason
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Subdivision Name Hood Canal
Garage Y/N Y
Special Listing Conditions None
Status Active
Directions 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.
City Shelton
Buyer Agent Compensation 2.5
Entry Location Main
View Y/N Y
Senior Community Y/N N
High School District Hood Canal #404
Zoning Description RR5
MLS Area 173 - South Shore Hood Canal
Lot Size Units Square Feet
Lot Size Square Feet 24829
Waterfront Y/N Y
Carport Y/N N
Street Name US Highway 101
Listing Terms Cash Out Rehab Loan
Land Lease Y/N N
Tax Annual Amount 3072
Property Condition Fixer
Public Remarks 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
Structure Type House
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Water Company Individual Well
Property Style 10 - 1 Story
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Interior
Basement None
Flooring Concrete See Remarks Vinyl
Total Fireplaces 1
Fireplace Features Wood Burning
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Full Baths 1
Half Baths 0
3/4 Baths 0
Total Bedrooms 4
Main Level Bedrooms 4
Total Baths 1
Bedrooms Possible 4
Water Heater Type Electric
Water Heater Location Utility Room
Fireplaces Main 1
Power Production Type Electric Wood
Baths Three Quarter Garage 0
Baths Three Quarter Lower 0
Baths Three Quarter Main 0
Baths Three Quarter Upper 0
Bedrooms Lower 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Half Main 0
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 0
Baths Full Main 1
Baths Full Lower 0
Baths Full Garage 0
Bathrooms 1
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Exterior
Vegetation Fruit Trees Garden Space
Parking Features RV Parking Driveway Detached Garage
Lot Features Paved
Water Source Individual Well Private
Total Parking 2
Inclusions Dryers Refrigerators StovesRanges Washers
Foundation Details Concrete Ribbon Post & Pillar Slab
Building Area Total 1396
Lot Size Acres 0.57
Covered Spaces 2
Open Parking Y/N N
Irrigation Water Rights Y/N N
Waterfront Footage 95
Site Features Dock Fenced-Partially Moorage Outbuildings RV Parking Shop
Accessory Dwelling Unit Detached Dwelling
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Internal Only
OriginalMLSID NWM2211635
Street Number 1 21380
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* Excluded Features
List By
Chris Murphy

Listing Agent

Compass

Broker

Affordability Calculator

$10,225
Per Month
97%
3%
0%
Monthly Principal & Interest
$9,969
Monthly Property Taxes
$256
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
256988 Elementary School
257889 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/3/2024$1,500,000 Listed Price

Map


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21380 N US Highway 101, Shelton, WA, 98584 is a Single Family Home for sale at $1,500,000 with 1,396 sqft and a lot size of 0.57. 21380 N US Highway 101 has 4 bedrooms, 1.0 baths, and was built in 1935. The property's zip code is 98584 which is in Shelton, WA