131 S Bay Way, Port Ludlow, WA 98365

$1,550,000
2
BD
4
BA
1,975
SqFt

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Listing Broker: The Agency - Port Townsend; Holley Carlson; 360-821-3177; Holley.Carlson@theagencyre.com

List Price
$1,550,000
Status
ACTIVE
MLS#
2556213
Days on Market
5
Bedrooms
2
Finished SqFt
1,975
Area Total SqFt
1975
Annual Tax Ammount
11157
Lot Size (sq ft)
115,870
Fireplace
Yes
Sewer
Septic Tank

Property Description

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!

Additional Information

Community
Oak Bay
Style
16 - 1 Story w/Bsmnt.
Basement
Daylight, Partially Finished
Year Built
1978
Total Covered Parking
5
Waterfront
Yes
Waterfront Description
Low Bank, Bayfront, Canal Front, No Bank, Sound
View
Bay, Canal, Mountains, Sound, Territorial
Roof
Composition
Site Features
Deck, Outbuildings, Propane, RV Parking, Shop
Tax Year
2026
School District
Chimacum #49
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Potential Terms
Cash, Conventional
Interior Features
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
Flooring
Ceramic Tile, Hardwood
Driving Directions
From Oak Bay Road, turn onto Alderview, then right onto S Bay Way. 131 will be on the left.
Appliance
Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Appliances Included
Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Water Heater Location
basement
Water Heater Type
Electric
Energy Source
Electric, Propane
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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