131 S Bay Way Port Ludlow, WA $ 1,550,000
131 S Bay Way
$ 1,550,000
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131 S Bay Way

Port Ludlow, WA, 98365
$ 1,550,000
Bedrooms2 Baths2.2 Sq 1,975

Monthly Estimate*

$ 9,787

Listed by The Agency - Port Townsend
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Single Family Home for sale in Port Ludlow, WA

for $1,550,000 with 2 bedrooms and 2 full baths, 2 half baths. This 1,975 square foot home was built in 1978 on a lot size of 2.66.

IMAGINE what could be created here! Offered for the first time, this extraordinary Port Ludlow property encompasses approx. 2.6 acres across two parcels w/an impressive 160 ft of no-bank Oak Bay waterfront. Panoramic, unobstructed views stretch across to the Cascades, w/Mt. Baker rising to the NE—an ever-changing backdrop of boats, wildlife, sunrises & expansive PNW skies. The main home blends warmth & character w/thoughtful updates: remodeled kitchen w/marble countertops & custom oak cabinetry; hardwood flooring throughout & a partially finished L level offering flexibility. The property truly begins to reveal its possibilities w/features like the detached garage--complemented by an attached woodworking shop—an exceptional space for a craftsman or artist. In addition, there is a second garage (deemed the “Boathouse”) which is designed w/tall bay doors to accommodate a boat or RV, w/substantial storage below AND a fully appointed one-bed, one-bath studio above (complete with its own private deck & spectacular views, the studio creates wonderful flexibility for guests, extended living or potential rental opportunity.) The adjoining second parcel adds another layer of privacy & breathing room, creating the feeling of a true compound. Few properties bring together this combination of acreage, accessible shoreline, commanding views, multiple structures & room to dream. Enjoy it. Refine it. Create your own legacy. Come for the water. Stay for the view. Imagine the possibilities!

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Single Family Active

Price

$ 1,550,000

Bedrooms

2

Full Bath

2

Half Bath

2

Property Type

Single Family

Taxes

$ 11,157

Style

Traditional

Lot Size

2.66

Year Built

1978

Town/City

Port Ludlow

County/Region

Jefferson

MLS | Web ID

2556213

Features
General
Living Area 1975
Sewer Septic Tank
Heating Fireplace Insert Heat Pump
Cooling Heat Pump
Possession Closing
Roof Composition
Appliances Dishwasher Dryer Microwave Refrigerator Stove(s)/Range(s) Washer
HOA Fee 0
Architectural Style Traditional
Security Features Security System
Year Built 1978
View Bay Canal Mountains Sound Territorial
Topography Level Partial Slope Sloped
Levels One
Property Subtype Single Family Residence
Tax Year 2026
Waterfront Features Low Bank Bayfront Canal Front No Bank Sound
Building Name Oak Bay Waterfront Tracts
County Jefferson
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Oak Bay
Garage Y/N Y
Full Baths 2
Special Listing Conditions None
Status Active
Directions From Oak Bay Road turn onto Alderview then right onto S Bay Way. 131 will be on the left.
High School Buyer To Verify
City Port Ludlow
Entry Location Main
Senior Community Y/N N
High School District Chimacum #49
MLS Area 487 - Oak Bay
Lot Size Units Square Feet
Lot Size Square Feet 115870
Carport Y/N Y
Listing Terms Cash Conventional
Elementary School Buyer To Verify
Land Lease Y/N N
Tax Annual Amount 11157
Middle/Junior High School Buyer To Verify
Property Condition Good
Public Remarks IMAGINE what could be created here! Offered for the first time this extraordinary Port Ludlow property encompasses approx. 2.6 acres across two parcels w/an impressive 160 ft of no-bank Oak Bay water
Virtual Tour https://youriguide.com/131_s_bay_way_port_ludlow_wa
Structure Type House
Building Area Units Square Feet
Standard Status Active
Property Style 16 - 1 Story w/Bsmnt.
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Interior
Interior Amenities Bath Off Primary Ceiling Fan(s) Dbl Pane/Storm Window Dining Room Fireplace French Doors Security System Skylight(s) Vaulted Ceiling(s) Walk-In Closet(s) Water Heater Wired for Generator
Basement Daylight Partially Finished
Flooring Ceramic Tile Hardwood
Total Fireplaces 1
Fireplace Features See Remarks
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 2
3/4 Baths 0
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 4
Bedrooms Possible 2
Water Heater Type Electric
Water Heater Location basement
Fireplaces Main 1
Power Production Type Electric Propane
Baths Three Quarter Garage 0
Baths Three Quarter Lower 0
Baths Three Quarter Main 0
Baths Three Quarter Upper 0
Bedrooms Lower 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Half Main 2
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 0
Baths Full Main 1
Baths Full Lower 0
Baths Full Garage 1
Bathrooms 3
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Exterior
Exterior Amenities Wood Wood Products
Vegetation Brush Garden Space Wooded
Parking Features Detached Carport Driveway Detached Garage RV Parking
Lot Features Dead End Street Paved Secluded Value In Land
Water Source Individual Well
Total Parking 5
Inclusions Dishwasher(s) Dryer(s) Leased Equipment Microwave(s) Refrigerator(s) Stove(s)/Range(s) Washer(s)
Foundation Details Poured Concrete
Building Area Total 1975
Lot Size Acres 2.66
Waterfront Y/N Y
Covered Spaces 5
Irrigation Water Rights Y/N N
Waterfront Footage ~ 157
Site Features Deck Outbuildings Propane RV Parking Shop
Lot Number 48 & 49
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Internal Only
OriginalMLSID NWM2556213
Street Number 1 131
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* Excluded Features
List By
Holley Carlson

Listing Agent

The Agency - Port Townsend

Broker

Holley.Carlson@theagencyre.com

Email

Affordability Calculator

$10,717
Per Month
91%
9%
0%
Monthly Principal & Interest
$9,787
Monthly Property Taxes
$930
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3100661 Elementary School
3100703 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
9/28/2026$1,550,000 Listed Price

Map


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131 S Bay Way, Port Ludlow, WA, 98365 is a Single Family Home for sale at $1,550,000 with 1,975 sqft and a lot size of 2.66. 131 S Bay Way has 2 bedrooms, 2.2 baths, and was built in 1978. The property's zip code is 98365 which is in Port Ludlow, WA