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$1,550,000
131 S Bay Way , Port Ludlow, WA 98365
Port Ludlow, WA, 98365
Active · 7 days on market

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

2Beds
4Baths
1,975Sq Ft
1978Year built
2.66Lot (acres)
Single Family ResidenceType

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

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

Exterior features

Wood
Wood Products

Appliances

Dishwasher
Dryer
Microwave
Refrigerator
Stove(s)/Range(s)
Washer

Parking

Detached Carport
Driveway
Detached Garage
RV Parking

Schools

Elementary: Buyer To Verify
Middle: Buyer To Verify
High: Buyer To Verify
District: Chimacum #49

Request a tour or more info

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

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

The data relating to real estate for sale on this site comes in part from the Northwest Multiple Listing Service (NWMLS). Listings held by brokerage firms other than this brokerage are marked by the three-tree symbol; detailed information about such listings includes the name of the listing brokerage. This information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. All information is deemed reliable but not guaranteed and should be independently verified.

Based on information from the Northwest Multiple Listing Service as of October 5, 2026.

ARAgencyOne RealtyAgencyOne Realty · Questions about this home?

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