Date
Details
Price
Change
Source
9/28/2026
Listed
$1,550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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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!
Full Property Details
Full Property Details for 131 S Bay Way
General
- Price: $1,550,000
- Taxes: $11,157 (2026)
- Status: Active
- Type: Single Family
- Source: NWMLS
- MLS ID: 2556213
- Updated: 9/29/2026
- Added to Site: 4 day(s) ago
Interior
- 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
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): See Remarks
- Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Flooring: Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 2
- 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, RV Parking, Shop
- Security/Safety: Security System
Parking
- Garage: Yes
- Carports: Yes
- Covered Spaces: 5
- Parking Features: Detached Carport, Driveway, Detached Garage, RV Parking
Location
- Area: 487 - Oak Bay
- County: Jefferson
- Subdivision: Oak Bay
- Building Name: Oak Bay Waterfront Tracts
- Driving Directions: From Oak Bay Road, turn onto Alderview, then right onto S Bay Way. 131 will be on the left.
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: Fireplace Insert, Heat Pump
- Water Heater: Electric
Utilities
- Sewer: Septic Tank
- Water: Individual Well
Structural Information
- Architectural Style: Traditional
- Structure Type: House
- Exterior Const.: Wood, Wood Products
- Basement Desc.: Daylight, Partially Finished
- Foundation: Poured Concrete
- Roof: Composition
- Entry Location: Main
- Square Feet: 1,975
- Finished Total: 1,975 Sq. Ft.
- Year Built: 1978
- Property Condition: Good
Lot Features
- Property View: Bay, Canal, Mountains, Sound, Territorial
- Lot Size (Acres): 2.66
- Lot Size (Sq. Ft.): 115,870
- Lot Size Source: Assessor
- Topography: Level, Partial Slope, Sloped
- Lot Features: Dead End Street, Paved, Secluded, Value In Land
- Trees/Vegetation: Brush, Garden Space, Wooded
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $11,157
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Inclusions: Dishwasher(s), Dryer(s), Leased Equipment, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Property ID: 976800028
- Lot Number: 48 & 49
Listed by Holley Carlson | The Agency - Port Townsend | (360) 344-2147 and Steph DeWitt | The Agency - Port Townsend | (360) 344-2147
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NMLS#: 1598647
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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
—
$887,695
4%
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# 2556213) is a Single Family property with 2 bedrooms, 2 full bathrooms and 2 partial bathrooms. 131 S Bay Way is currently listed for $1,550,000 and was received on September 28, 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.