$1,550,000
131 Bay Way
Port Ludlow, WA 98365
Beds
2
Baths
4
Sq Ft
1,975
Lot
2.66 ac
Year built
1978
Type
Residential
Days listed
1
MLS #
2556213
About this home
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!
Interior features
Exterior features
Appliances
Schools
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify
Property details
- Heating
- Fireplace Insert, Heat Pump
- Cooling
- Heat Pump
- Flooring
- Ceramic Tile, Hardwood
- Parking
- Detached Carport, Driveway, Detached Garage, RV Parking
- View
- Bay, Canal, Mountains, Sound, Territorial
- Lot
- Dead End Street, Paved, Secluded, Value In Land
- Water source
- Individual Well
- Sewer
- Septic Tank
- Style
- Traditional
- Levels
- One
- Fireplaces
- 1
Costs
- Price / sq ft
- $785
- Annual taxes
- $11,157 (2026)
Estimate your monthly payment
$8,767/mo
- Principal & interest
- $7,838
- Property taxes
- $930
Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.
Location
Port Ludlow, WA 98365
Approximate location. Contact us to confirm the exact address.
Listing courtesy of The Agency - Port Townsend— Holley Carlson.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.
Interested in this home?
Request a private tour or ask a question — a local agent will respond personally.