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281 N Terrace Road, 
Hoodsport, WA 98548

$325,000


2

Beds


2

Baths


2,320

Sq Ft


Single Family

First Look

Listed by

Gavin Gregory

Compass

Last updated:

October 2, 2026, 11:27 AM

MLS#

2585637

Source:

NWMLS

About This Home

281 N Terrace Road

Welcome to your haven on Hood Canal! Nestled minutes north of downtown Hoodsport, WA, this property offers stunning views and unparalleled access to the Pacific Northwest's best. The versatile layout features two units - one on each floor, each a 1 bedroom unit with a full bathroom, living room and kitchen. An interior circular staircase connects the spaces if you'd like to convert it back to a single home, for now it is locked off, providing complete privacy to each unit. This brilliant setup allows you to live comfortably in one unit while renting the other to offset your mortgage, or maximize your return by renting both levels. Enjoy deeded beach access just across 101 with no HOA! With Hoodsport’s popularity as a year-round recreation destination, this property is perfectly positioned for lucrative short-term vacation rentals (Airbnb/VRBO) or long-term leasing. Enjoy boating, fishing, and scuba diving on the Hood Canal and hiking the majestic Olympic National Park's many trails! Additional perks include energy-efficient vinyl windows, a heat pump, and a terraced yard with a patio. There is a massive unfinished room under the 2-car carport—ideal for a workshop, studio, or extra flexibility if the home is converted into a single residence. This wonderful home which doubles as a rare, flexible investment is waiting for you!

Home Facts

Single Family

2 Baths

2 Bedrooms

Built in 1973

Subdivision & Development:

Hoodsport

Price Summary

325,000

$140 per Sq. Ft.

MLS #:

2585637

Last Updated:

October 2, 2026, 11:27 AM


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,320 Sq. Ft.


Structure

Structure

Building Area:

2,320 Sq. Ft.

Year Built:

1973


Lot

Lot Size (Sq. Ft):

6,098


Finances & Disclosures

Finances

Price:

$325,000

Price per Sq. Ft:

$140 per Sq. Ft.

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of October 3, 2026. All data is obtained from various sources and may not have been verified by 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.