2013 State Route 105, Grayland, WA 98547

$3,200,000

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Listing courtesy of Theory Real Estate.

List Price
$3,200,000
Status
ACTIVE
MLS#
2470159
Days on Market
187
Annual Tax Ammount
19145
Internet Provider
Comcast & Starlink

Property Description

INCREDIBLE opportunity to own a turnkey oceanfront resort on over 7 acres! Current owner has renovated the property and added amenities throughout including a pickleball court, hot tubs, kids playground, and much more! Property is fully operational with all staff, software, etc in place to be remotely owned. Bookings happening into 2026, get in quick to hit summer revenue! The resort consists of a 9 unit hotel, 4 cabins, and 2 houses. All personal and digital property with transfer with sale so ownership can transfer seamlessly! Future opportunities include oceanfront development, roadside development, amenity additions, Westport golf course, additional themed rooms, and retargeted advertising.

Additional Information

Community
Grayland
Building Condition
Updated/Remodeled
Style
64 - Hotel/Motel
Year Built
1962
Waterfront
Yes
Waterfront Description
Beach Rights, Ocean Front, Saltwater
Roof
Composition, Shake, Torch Down
Tax Year
2026
Potential Terms
Cash Out, Conventional
Flooring
Vinyl Plank
Driving Directions
Heading south on State Route 105, property is on your right. GPS "Breakwater Resort"
Electric Expenses
11550
Other Expenses
150000
Energy Source
Electric
Net Operating Income
$293,317
Gross Scheduled Income
$500,000
Water/Sewer/Garbage Expenses
$6,600
Cap Rate
9.2
Total Expenses
$206,683
Based on information submitted to the MLS GRID as of . 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.
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