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550 N Sequim Avenue, Sequim, WA, 98382

4beds
2baths
1,534sqft
$1,700,000
$1,108price/sqft
$10,263/moest. monthly cost
$410,520/yrincome needed

About This Home

Historical Knapman Farm established in 1916. Located in central Sequim across from the Sequim High School. 3.92 acres. The listing structures concludes farm building; shop, hay barn, milking shed, 2 heavy equipment buildings. Lot #2, the original residential home was built in 1916, a bunkhouse to the east of the main house, remodeled. Acreage is fenced and cross fenced and immaculate. Pride in ownership. Residential home and bunkhouse are currently rented. City of Sequim has zoning at R4-8, soon to be R4-9. This means you have the opportunity for home ownership, multifamily housing and light commercial. Please review the zoning in documents provided by Sequim Community Development. Contact Travis Simmons at City of Sequim.

Getting Around

63
WalkingSomewhat Walkable
0
TransitVery Limited Transit
61
BikeBikeable

Schools

8/10
5/10
Sequim Middle SchoolGrades 6-80.4 mi
7/10
Sequim Senior High SchoolGrades 9-120.2 mi

Construction

Condition

  • Property condition: Good
  • Year built: 1916

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Wood Siding

Notable Dates

  • Major remodel year: 1916

Type & Style

  • Home type: SingleFamily
  • Architectural style: 2 Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,See Remarks,Washer,Dishwasher(s),Dryer(s),Microwave(s),Washer(s)

Basement

  • Basement: None

Bathroom Full

  • Level: Second

Bathroom Full

  • Level: Main

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Den Office

  • Level: Second

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Family Room

  • Level: Main

Features

  • Bath Off Primary,Ceiling Fan(s)
  • Flooring: Softwood,Vinyl Plank
  • Fireplace features: Electric,Wood Burning

Heating & Cooling

  • Heating features: Heat Pump,Electric,Wood
  • Cooling features: None

Interior Area

  • Total structure area: 1,534
  • Total interior livable area: 1,534 sqft

Kitchen Without Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Other

  • Level: Second

Utility Room

  • Level: Main

Property

Details

  • Parcel number: 033020229110
  • Zoning description: Jurisdiction: City
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Main
  • Patio & porch: Bath Off Primary,Ceiling Fan(s)
  • Has view: Yes
  • View description: City,Territorial
  • Topography of land: Level
  • Residential vegetation: Garden Space,Pasture

Lot

  • Lot size: 3.92 Acres
  • Features: Barn,Fenced-Fully,Irrigation,Outbuildings,RV Parking,Shop,Stable
  • Lot size dimensions: 473 x 350 x 521 x 208

Parking

  • Total spaces: 7
  • Parking features: Driveway,Attached Garage,Off Street,RV Parking
  • Has garage: Yes
  • Covered spaces: 7

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Winter Weather
    Winter WeatherRelatively High

How This Home’s Risks Compare

Earthquake
Winter Weather

FEMA Declared Disasters in Clallam County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,596$103,152
Home Insurance *$421$5,052
Property Taxes $1,097$13,164
Electricity $149$1,793
Total$10,263$123,156
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$351,874/yr
40% on housing$307,890/yr
45% on housing$273,680/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.4%
3.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,108This listing

vs Other Active Listings

Avg $/sqft

ZIP 98382$239
Clallam County$235

vs Homes Sold Last Month

Median $/sqft

ZIP 98382$325
Clallam County$303

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-06Listed for sale$1,700,000
2026-05-01Listing removed$2,400,000
2025-11-06Price change$2,400,000
2025-08-09Listed for sale$2,950,000
2022-05-09Listing removed--
2022-02-08Listed for sale$1,500,000
2020-11-01Listing removed$979,000
2020-05-15Listed for sale$979,000
2018-11-01Listing removed$849,000
2018-05-17Listed for sale$849,000

For Sale by Agent

AgentMargaret Womack
BrokerageRE/MAX Evergreen

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