If you’re searching for “Hyas Point homes” in Washougal, it’s easy to assume you’re looking at a traditional new-home community. But Hyas Point is something different, and knowing that upfront can save you time, stress, and wrong-turn decision making. In this guide, you’ll get a clear picture of what Hyas Point is today, how its phased rollout affects your plans, and what to watch if you’re considering a move to this new riverfront development. Let’s dive in.
What Hyas Point Is Right Now
Hyas Point is a mixed-use riverfront development at 325 Waterfront Way in Washougal. Current public information describes it as apartment living paired with planned retail, dining, office, and recreational amenities.
That distinction matters. Based on the project’s public materials, Hyas Point is not currently being marketed as a traditional for-sale detached home neighborhood, so it’s important not to approach it like a standard new subdivision purchase.
The apartment homes are planned across four buildings: Broadrock, Cascara, Klipsan, and Sitka. The development is being built through a partnership between RKm Development and the Port of Camas-Washougal.
Hyas Point Timeline and Phasing
Hyas Point is still in a phased buildout. According to the project’s official updates, the first phase broke ground in 2024, and the first six-story building topped out on October 31, 2025.
That same update says the first phase is on schedule for completion in 2027. Public leasing information says pre-leasing begins August 1, 2026, with building openings staged from Winter 2026 through Spring 2027.
For you, this means timing is a major part of the decision. If you are relocating, downsizing, or trying to line up a move with work or school schedules, you’ll want to plan with flexibility rather than assume a fixed move-in date too early.
Why This Buyer Guide Still Matters
Even though Hyas Point is currently framed as an apartment lease-up, many of the questions people ask are the same ones they ask about new construction in general. You still need to understand timing, deposits, lender options, inspections, and how construction progress may affect your plans.
This is especially true if you are moving from out of area. New development can look polished in renderings and marketing, but your real decision usually comes down to the details, not the brochure.
Understand the Deposit Before You Commit
One of the first things to confirm is how any deposit works. In new construction settings, builders or developers may ask for upfront deposits or earnest money, but the refund rules depend on the contract.
That means you should never assume a deposit is refundable just because a home, unit, or phase is not yet complete. Before signing, make sure you understand:
- Whether the deposit is refundable
- What deadlines apply
- What happens if you cancel
- What happens if the completion date changes
- Whether certain events trigger a refund
This is one of those areas where careful review matters. A clear contract can prevent expensive surprises later.
You Can Shop for Your Own Lender
If your Hyas Point decision involves financing, remember that you do not have to use a builder or developer’s preferred lender. You can shop around and compare options.
That matters because new construction financing can be more layered than a resale purchase. Depending on the structure of the transaction, construction financing may be short term, may convert into a conventional mortgage, or may require separate steps and timelines.
For buyers who like certainty, this is where working with a process-savvy real estate team can help. Financing details often affect timing, paperwork, and your overall flexibility as the project moves through different phases.
New Construction Financing Has More Moving Parts
With resale, you are usually working toward a fairly direct closing timeline. With new construction, timelines can shift based on build progress, disclosures, lender requirements, and whether the transaction uses one combined loan or separate phases.
That does not mean you should avoid new construction. It just means you should go in with realistic expectations and ask better questions at the start.
Here are a few smart financing questions to ask:
- Is this a standard lease-up situation, or is there a separate ownership component announced?
- If financing applies, what timeline should you expect for approvals and closing steps?
- If the build schedule changes, how does that affect your rate lock or loan timing?
- Will any changes to the unit or selections affect the final loan amount?
Change Orders Can Affect Timing
If a new-construction opportunity includes choices, upgrades, or custom selections, pay close attention to change-order rules. Change orders can increase costs, which may affect your loan file and the timing of your closing.
In plain terms, every upgrade decision can have a ripple effect. Selection deadlines, approval procedures, and pricing allowances matter more than many buyers expect.
If you are comparing options, ask for clarity on:
- What is included as standard
- What counts as an upgrade
- When final selections are due
- How upgrades are priced and approved
- Whether added costs could affect financing or closing timing
Inspections Still Matter in New Construction
A lot of buyers assume a brand-new property does not need an inspection. That’s a mistake.
Independent inspections are still an important part of due diligence. An inspection is different from an appraisal, and even newly built properties can have issues that need to be addressed before move-in or closing.
If an inspection contingency is available, it can give you room to cancel without penalty if serious problems are found. You should also schedule inspections as early as possible and attend if you can.
Track Construction Milestones Carefully
With a project like Hyas Point, milestone tracking is especially useful. Public updates in spring 2026 reported work such as appliances, tile, paint, windows, cabinets, final cleaning, permanent power, elevator installation, and exterior progress across the buildings.
Those are the kinds of details that help you gauge how close a building really is to opening. If you are moving from another city or state, those updates can be more useful than broad marketing language.
Hyas Point also offers a live construction cam and a project news page. For remote movers, those tools can help you monitor progress and avoid committing to a move date before the building is truly ready.
Plan for Schedule Changes
One of the biggest new-construction lessons is simple: advertised timing and contractual timing are not always the same thing. You should know the completion target, but you should also understand what happens if that date slips.
Before you commit, confirm:
- The anticipated completion or opening date
- Whether that date is estimated or contractually defined
- What happens if delays occur
- Whether your deposit, lease timing, or financing is affected
- What communication you can expect during schedule changes
This is where flexibility becomes a real advantage. If your current lease, sale, or relocation deadline is tight, build in backup options whenever possible.
What Remote Buyers Should Know
Hyas Point may appeal to relocators because of its waterfront setting and proximity to the broader Portland metro. Washougal sits on the Washington side of the Columbia River, and local tourism information says it is about a 20-minute drive from Portland International Airport.
For remote buyers or renters, that convenience can be attractive. But distance also makes it more important to verify progress, track deadlines, and keep documentation organized.
A few practical steps can help:
- Follow construction updates regularly
- Ask for written confirmations of timing and next steps
- Keep copies of deposits, addenda, and warranty documents
- Schedule inspections and walkthroughs early when available
- Avoid booking movers too far ahead of confirmed readiness
The Washougal Waterfront Lifestyle Context
Part of Hyas Point’s appeal is its location along the Columbia River. The Washougal Waterfront Park & Trail includes a 12-foot paved trail, viewpoints, a non-motorized launch, and water access trails.
The Port’s trail system also connects with downtown districts and other trail systems in the area. For many buyers and relocators, that kind of outdoor access is a major draw and part of what makes this stretch of Washougal feel exciting.
At the same time, the area is still evolving. The Port notes that ongoing waterfront development may cause temporary noise, detours, or limited access near parks and trails, so it is smart to expect an active construction environment during the lease-up period.
Screen Insurance Early for Riverfront Living
Because Hyas Point is in a riverfront setting, it is wise to think about insurance and risk screening early in your decision process. Getting an informal insurance estimate before you commit can help you understand potential costs and avoid surprises later.
This does not mean there is a problem. It simply means waterfront decisions deserve a little more upfront homework, especially if you are comparing multiple properties or timing a move from out of state.
Best Questions to Ask About Hyas Point
If you are seriously considering Hyas Point, focus your questions on the practical details that affect your move. Good questions now can save you from frustration later.
Consider asking:
- Is the opportunity currently for lease, for purchase, or both?
- Which building is expected to open first?
- What is the current estimated move-in window?
- How are delays communicated?
- What deposit terms apply?
- Are inspections or walkthroughs allowed before move-in?
- What should remote movers know about readiness timing?
- Are there any current construction impacts nearby?
A Smart Way to Approach Hyas Point
The best way to approach Hyas Point is with excitement and realism at the same time. It is one of Washougal’s most notable waterfront projects, but it is also still in progress, and that means your timeline and expectations should stay flexible.
If you want help sorting through the details, comparing Hyas Point with other Washougal or Camas options, or planning a smooth relocation, Peter Cutile can help you make sense of the moving parts and move forward with confidence.
FAQs
What is Hyas Point in Washougal, WA?
- Hyas Point is a mixed-use riverfront development in Washougal that is currently being marketed as apartment living with planned retail, dining, office, and recreational amenities.
Are there homes for sale at Hyas Point right now?
- Based on current public project materials, Hyas Point is being presented as an apartment lease-up and mixed-use destination, not a traditional for-sale detached home subdivision.
When will Hyas Point open in Washougal?
- Public project information says pre-leasing begins August 1, 2026, with building openings planned from Winter 2026 through Spring 2027, while the first phase is on schedule for completion in 2027.
Can you use your own lender for new construction?
- Yes. Buyers are not required to use a builder’s or developer’s preferred lender and can shop for their own financing options.
Should you get an inspection on new construction?
- Yes. New construction should still be independently inspected, because an inspection helps identify issues that may need to be addressed before move-in or closing.
What should remote movers watch at Hyas Point?
- Remote movers should track construction updates, confirm timelines in writing, keep documents organized, and stay flexible on move dates because phased development schedules can change.
Is the Hyas Point waterfront area still under construction?
- Yes. The broader waterfront area is still being developed, and public information notes there may be temporary noise, detours, or limited access near parks and trails during active construction.
