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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
  • Experienced Operator Will Train New Buyer

Executive Summary

Perched high on a seaside cliff overlooking the Strait of Juan de Fuca in the Olympic Peninsula (between Sequim & Por Angeles) is an award-winning bed & breakfast. The strategic location is just 20 minutes from the entrance to Hurricane Ridge -- the most popular attraction within the Olympic National Park. This purposely built structure with spectacular grounds and well-appointed rooms with intricately carved antiques boasts water views from each Guest Room. In addition to the remodeled Innkeeper's Quarters in the main building, there is a separate (detached) home with 2 Bedrooms & 2 Baths with exquisite floor-to-ceiling windows that can be rented separately as a vacation rental while the Owners live in the 6 Bed / 6.5 Bath main house. This B & B 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 will be completed by end of May, new exterior painting has been completed, and 2 new heat pumps were 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.

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
$1,449,045
Total Assessment
$1,697,741
  • Listing ID: 40610043

  • Date on Market: 5/21/2026

  • Last Updated:

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

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