Not every opportunity comes wrapped in fresh paint and staging. This one comes with a deadline, a lot of potential, and one of the best locations in Port Townsend. This is a very sad situation that deserves a much happier ending. A foreclosure auction is approaching and the court-appointed Guardian is hoping to find a cash buyer who can close quickly to help preserve funds for the seller’s ongoing care. The house needs work. A lot of work. Nobody is pretending otherwise but this property offers something increasingly difficult to find: the chance to buy in a premier neighborhood at a price that may be closer to lot value than finished-home values. Similar renovated 2/1 cottages nearby have sold for more than $650,000 in the last year. This cottage is sitting on a fantastic corner lot within walking distance of Port Townsend’s Uptown and Downtown areas (think a lovely stroll to Aldrich’s, the Farmer’s Market and the Uptown Pub). Detached 1-car garage and attached 2-car carport. If you’ve been waiting for a project with real upside, this could be your chance to create something special while helping a difficult situation end on a better note. Cash buyers only. Sold as-is; sale is contingent on court approval. Buyer to exercise full due diligence on condition & utilities. Bring your vision. Bring your creativity. Bring your contractor. And bring your final and best offer by noon on June 30.

Courtesy of NWMLS
Listing courtesy of Jen Rubinowitz of Coldwell Banker 360 Team



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-07-26 08:20 PM PDT