Date
Details
Price
Change
Source
6/01/2026
Listed
$1,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
No photo available
$1,950,000 Just Listed
Property Description & Video
131 S Bay Way, Port Ludlow, WAVideo Tour of 131 S Bay Way, Port Ludlow, WA.
160 feet of no-bank waterfront on Oak Bay with second-class tidelands. Two parcels totaling 2.66 acres. The primary parcel (1.35 acres) holds the home, garages, and ADU. The adjoining parcel (1.31 acres) is vacant, and wooded with potential for further development and room to expand, or simply hold as your own private buffer against the world. Walk out the door, and you're on the beach. No bank. No bluff. Kayak, crab, paddleboard, all of it, right from your own shoreline on a dead-end road in Port Ludlow. The main residence is a fully remodeled 2-bed, 3-bath with inch-thick marble countertops, custom oak dovetail cabinetry, hardwood and tile floors throughout, and a new Trane XV19 heat pump installed in 2021. Two substantial garages, one with two bays, one with three, deliver compound-level flexibility. One has tall bay doors for a full-size RV, boat, or trailer with a fully appointed 1-bed, 1-bath mother-in-law apartment above, private deck, water views, and real rental income potential. The second houses a professional woodworking studio. A whole-home generator with three large propane tanks means power outages are simply not an event here. No bank. No compromises. Welcome home.
Full Property Details
Full Property Details for 131 S Bay Way
General
- Price: $1,950,000
- Taxes: $11,156 (2026)
- Status: Active
- Type: Single Family
- Source: NWMLS
- MLS ID: 2524718
- Updated: 6/1/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Dbl Pane/Storm Window, Dining Room, Fireplace, Vaulted Ceiling(s), Wired for Generator
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas
- Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Flooring: Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 1
- Half Bathrooms: 2
- Main Floor Baths: 3
- Main - 1/2 Baths: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Additional Information
- Amenities: Deck, Outbuildings, Propane
Parking
- Garage: Yes
- Covered Spaces: 5
- Uncovered Spaces: 4
- Parking Features: Driveway, Detached Garage
Location
- Area: 487 - Oak Bay
- County: Jefferson
- Subdivision: Oak Bay
- Building Name: Oak Bay Waterfront Tracts
- Driving Directions: Heading south on Oak Bay Road from Port Hadlock, take a Left onto Alderview followed by a right onto S Bay Way. Property will be on the left. Look for the sign.
- Direction Faces: Northeast
School Information
- High School District: Chimacum #49
- Elementary School: Buyer To Verify
- Middle School: Buyer To Verify
- High School: Buyer To Verify
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Heat Pump
Utilities
- Sewer: Septic Tank
- Water: Individual Well
Structural Information
- Structure Type: House
- Exterior Const.: Wood
- Basement Desc.: Partially Finished
- Foundation: Poured Concrete
- Roof: Composition
- Entry Location: Main
- Square Feet: 3,024
- Finished Total: 1,694 Sq. Ft.
- Unfinished Total: 1,330 Sq. Ft.
- Year Built: 1978
Lot Features
- Property View: Canal, Islands, Strait
- Lot Size (Acres): 2.66
- Lot Size (Sq. Ft.): 115,870
- Lot Size Source: County
- Topography: Partial Slope
- Lot Features: Dead End Street, Secluded
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $11,156.18
- Tax Year: 2026
- Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Disclosures and Reports
- Special Conditions: None
- Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Property ID: 976800028
- Lot Number: 48-49
Listed by Kalan Wolfe Hatton | Munn Bro's Hood Canal Prop Inc | (360) 765-4500
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Schools
Schools serving 131 S Bay Way
School District:Chimacum School District
| Name | Grades | Distance |
|---|---|---|
Chimacum Elementary School 91 West Valley Road, Chimacum, WA 98325 | 3-6 | 4.3 mi |
Chimacum Creek Primary School 313 Ness Corner Rd, Port Hadlock-Irondale, WA 98339 | K-2 | 5.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 131 S Bay Way
Tax History
Tax History for 131 S Bay Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,841
9%
$850,098
7%
2023
$6,294
6%
$792,886
4%
2023
$5,922
—
$764,906
25%
2023
$5,922
7%
$613,988
8%
2021
$5,541
5%
$567,119
9%
2020
$5,260
3%
$520,250
3%
2019
$5,083
-4%
$506,187
8%
2018
$5,313
3%
$468,689
—
2017
$5,183
13%
$468,689
15%
2016
$4,582
1%
$408,468
—
2015
$4,520
-1%
$408,468
—
2014
$4,558
—
$408,468
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 131 S Bay Way
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131 S Bay Way, Port Ludlow, WA 98365 (MLS# 2524718) is a Single Family property with 2 bedrooms, 1 full bathroom and 2 partial bathrooms. 131 S Bay Way is currently listed for $1,950,000 and was received on June 01, 2026. Want to learn more about 131 S Bay Way? Do you have questions about finding other Single Family real estate for sale in Port Ludlow? You can browse all Port Ludlow real estate or contact a Coldwell Banker agent to request more information.