BTW, assuming you are on Harstine Island, Multiple Listing Service reports that there has been 2 sales of 5 acre parcels on the island in the previous 2 years. 1 sale is from 12/2009 and sold for $50,000 with cash. The other sold 7/2010 for $74,900 with Conventional financing. No sales of 5 acre parcels occurred during the previous 12 months that sold through the NWMLS. There were 13 total vacant land sales on the island during the previous 2 years and 5 of those occurred during the previous year.

There is a sale on E. Harstine Is Rd of a 2 acre parcel that just sold in 8/2011 for $50k.