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Investment Highlights

  • Spectacular Waterfront Cliff - 130' Above Beach
  • Established Successful Business Since 1998
  • Award-Winning B & B - AAA & Trip Advisor
  • Separate Detached Owner's Residence
  • Close Proximity to Entrance of Olympic National Park
  • Training is Available for New Buyer

Executive Summary

Perched high above the Strait of Juan de Fuca on the breathtaking Olympic Peninsula, this award-winning seaside inn is more than a waterfront property - it is an unforgettable destination. Just 20 minutes from Hurricane Ridge and the Olympic National Park, the setting captures the essence of Pacific Northwest beauty with sweeping water views, enchanting grounds, salt air and unforgettable sunsets. Purpose-built as a successful bed and breakfast, the property offers 6,639 interior square feet with 8 bedrooms and 8 baths. The main residence features 6 bedrooms and 6 baths blending timeless craftmanship with warm hospitality. Intricately carved antiques, inviting gathering spaces, and water views from every guest room create an atmosphere both elegant and welcoming. French doors open from the living and dining rooms to an expansive covered porch & sunny patio overlooking the sea. The spacious kitchen, w/abundant cabinetry and workspace, serves as the hub for preparing memorable breakfasts and entertaining guests. Guest suites include a romantic retreat with a fireplace and another with stunning views and a jetted tub. Adding flexibility and income potential, the detached 2-bedroom, 2-bath residence with exquisite floor-to-ceiling windows is ideal for Airbnb, owner's quarters, or long-term rental. Recent improvements of $180,000 include a new roof, remodeled master bath, new half bath, 2 new heat pumps and fresh exterior paint. A rare opportunity where hospitality, investment potential and coastal beauty meet in spectacular fashion. This bed & breakfast has been successful for 28 years and is Rated #1 or #2 on the Peninsula for several years and is Tripadvisor's 2020 Traveler's choice Winner!

Property Facts

Price $1,825,000
Price Per Room $365,000
Sale Type Investment
Sale Condition Business Value Included
Property Type Hospitality
Property Subtype
Bed and Breakfast
  • Hospitality Hotel
Building Class C
Lot Size 2.21 AC
Building Size 7,311 SF
No. Rooms 5
No. Stories 2
Year Built/Renovated 1998/2015
Parking Ratio 1.5/1,000 SF
Corridor Interior
Zoning R5 - The operation has been approved with a Conditional Use Permit. The surrounding area are private residences on the waterfront & senior living across st

Amenities

  • High Speed Internet Access
  • Wedding Venue
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

About 397 MONTERRA DR , PORT ANGELES, WA 98362

The property boasts 100-year old Western Cedar trees on south side of building and an immaculate grass lawn on north side surrounded by a multitude of various mature trees, private hedges and flowers leading up to the water's edge. Spectacular views of the Strait of Juan de Fuca facing Canada and even a view of Mt. Baker on a clear day. Current Owners reside in the detached 2 Bedroom 2 Bath residence built in 2015, but Buyers have option of living in Residence or Innkeeper's Quarters in Main House. A new master bath in Innkeeper's Quarters was remodeled in 2025 along with a one-half bath for Guests in the common areas. A new roof was recently installed in May of 2026 with fresh exterior paint and 2 new heat pumps recently installed for a total of $182,000 of Capital Improvements. Each Guest Room has a view of the water & fireplace and 4 of the Rooms have Jacuzzi jetted tubs. The Owners are also noted for their warm and nutritious home-made country breakfasts. A secure detached garage contains all of the garden equipment including a riding lawn mower. Training is available.

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 5 $440.00 448
Not walkable
10/100
Exceptionally drivable
90/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
34931
Land Assessment
$248,696
Improvements Assessment
$1,509,422
Total Assessment
$1,758,118
  • Listing ID: 40610043

  • Date on Market: 5/21/2026

  • Last Updated:

  • Address: 397 Monterra Dr, Port Angeles, WA 98362

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