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$375,000
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Property Description
Rare development and investment opportunity in the heart of Mason county! This parcel is 6.22 acres and zoned for six duplexes totaling 12 future units. Whether you want to just do the development phase and sell the project from there or take it from infrastructure to rental portfolio - you can't go wrong. Ideal location near shopping, schools & amenities all while being on a quiet street. Preliminary plat approval was issued 5/15/23 and is valid for 5 years - 2028. Developer will need to construct civil improvements and have them approved/accepted by the city to get the final plat issued. Selling for less than $65k/duplex making this a killer investment!
Full Property Details
Full Property Details for 509 W B St
General
- Price: $375,000
- Taxes: $1,276 (2025)
- Status: Active
- Type: Land Residential
- Source: NWMLS
- MLS ID: 2453645
- Updated: 2/27/2026
- Added to Site: 161 day(s) ago
Location
- Area: 175 - Shelton
- County: Mason
- Subdivision: Mountain View
- Driving Directions: GPS works. From downtown Shelton - take W Alder Street to W C Street. Turn left onto Adams Street. Right on W B St. Property will be on the left.
School Information
- High School District: Shelton
- Elementary School: Buyer To Verify
- Middle School: Buyer To Verify
- High School: Buyer To Verify
Utilities
- Sewer: In Street
- Water: In Street
- Utility Description: Electricity Available, Natural Gas Available
Structural Information
- Structure Type: Unspecified
Lot Features
- Property View: Territorial
- Lot Size (Acres): 6.22
- Lot Size (Sq. Ft.): 270,943
- Lot Size Source: Realist
- Street/Road Desc.: County Maintained, Paved
- Topography: Sloped
- Lot Features: Paved
- Zoning: Multi-Family
Financial Considerations
- Tax Amount: $1,276
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 420241590064
Listed by Paige Miller | Real Broker LLC | (855) 450-0442
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Schools
Schools serving 509 W B St
School District:Shelton School District
| Name | Grades | Distance |
|---|---|---|
Evergreen Elementary School, Shelton, WA 900 West Franklin Street, Shelton, WA 98584 | K-5 | 0.5 mi |
Olympic Middle School, Shelton, WA 800 East K Street, Shelton, WA 98584 | 6-7 | 1 mi |
Oakland Bay Junior High School 3301 North Shelton Springs Road, Shelton, WA 98584 | 8-9 | 1.3 mi |
Shelton High School 3737 North Shelton Springs Road, Shelton, WA 98584 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 509 W B St
Date
Details
Price
Change
Source
11/11/2025
Listed
$375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 509 W B St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,128
8%
$116,705
10%
2023
$1,044
2%
$106,095
8%
2023
$1,027
—
$98,235
6%
2023
$1,027
-25%
$92,675
-8%
2021
$1,366
—
$100,730
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 509 W B St
509 W B Street, Shelton, WA 98584 (MLS# 2453645) is a Land Residential property with a lot size of 6.22 acres. 509 W B Street is currently listed for $375,000 and was received on November 11, 2025. Want to learn more about 509 W B Street? Do you have questions about finding other Land Residential real estate for sale in Shelton? You can browse all Shelton real estate or contact a Coldwell Banker agent to request more information.

