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$695,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,740 Sq. Ft.
  • Updated 2 hours ago

Listed by John McElroy | Coldwell Banker Best Homes | (360) 437-2278

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Experience waterfront living at its finest in this stunning Port Ludlow secluded end-unit penthouse condo, offering expansive views of the marina and bay. This 3-bedroom , 2-bathroom residence has undergone extensive renovations over the last four years, including a fully renovated kitchen and guest bathroom, an expansive open loft with stairs, new flooring, updated electrical work, 50 gal. hot water heater, new interior and exterior lighting, and fresh doors throughout. The bright, open-concept kitchen is a chef's dream, featuring quartz countertops, custom walnut self-closing cabinetry, Wine Fridge and premium GE Cafe appliances. Relax in the living area by the elegant European glass fireplace or retreat to the amazing deck and relax and view the boats. The home includes a full guest bath remodel and a primary bath equipped with a smart toilet. The spacious loft provides an ideal space for a dedicated home office or fitness area, The home is complemented by significant indoor and outdoor storage. Residents enjoy access to resort-style amenities, including a fitness center, swimming pools, and sport courts for pickleball, tennis, and squash. The community is surrounded by miles of hiking trails and is located near local dining, golf, 300-slip marina, kayaking, and the Beach Club. Convenient ferry access makes travel to Seattle or Canada seamless. This property allows for rentals with a 30-day minimum agreement. Come experience the PNW lifestyle at its finest.

Full Property Details for 41 N Bay Ln #5

General

  • Price: $695,000
  • HOA FEE: $1,000/month
  • Taxes: $4,868 (2026)
  • Status: Active
  • Type: Condo
  • Source: NWMLS
  • MLS ID: 2511161
  • Updated: Today (4/21/2026)
  • Added to Site: Today

Interior

  • Interior Features: Cooking-Electric, Dryer-Electric, End Unit, Ice Maker, Penthouse, Primary Bathroom, Top Floor, Vaulted Ceiling(s), Washer, Water Heater
  • Fireplace(s): Wood Burning
  • Appliances: Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), See Remarks, Stove(s)/Range(s), Washer(s)
  • Flooring: Ceramic Tile, Laminate
  • Floor/Window Décor: Cellular Shades

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 1
  • Main Floor Baths: 2
  • Main - 3/4 Baths: 1

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Main: 3

Other Rooms

  • Laundry: Electric Dryer Hookup, Washer Hookup

Parking

  • Parking Features: Off Street

Location

  • Area: 489 - Port Ludlow
  • County: Jefferson
  • Subdivision: North Bay Condos
  • Building Name: North Bay Condominium
  • Driving Directions: Paradise Bay to four way stop at the Shell Station. Go right to North Bay Condos and turn left to Bldg 41 at the very end on the top floor.
  • Direction Faces: Southeast

School Information

  • High School District: Chimacum #49
  • Elementary School: Chimacum Creek Prima
  • Middle School: Chimacum Mid
  • High School: Chimacum High

Community

  • Association: Yes
  • Assoc. Fees Include: Common Area Maintenance, Lawn Service, Road Maintenance, Sewer, Snow Removal, Trash, Water
  • Units Assoc/Comm: 30
  • Pets Allowed: Yes

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard, Stove/Free Standing
  • Water Heater: electric

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Wood, Wood Products
  • Roof: Composition
  • Entry Location: Main
  • Stories in Building: 3
  • Square Feet: 1,740
  • Year Built: 1974
  • Remodeled/Addition: Yes

Unit Information

  • Units in Building: 6
  • Unit Features: Balcony/Deck/Patio, End Unit, Penthouse, Primary Bath, Top Floor, Vaulted Ceilings, Yard

Lot Features

  • Property View: Bay, Sound, Strait, Territorial
  • Lot Size (Acres): 0.0083
  • Lot Size (Sq. Ft.): 363
  • Lot Size Source: county records
  • Lot Features: Adjacent to Public Land, Cul-De-Sac, Paved, Secluded

Water Features

  • Water Front: Yes

Financial Considerations

  • Association Fee: $1,000
  • Assoc Fee Freq.: Monthly
  • Special Assmt Amt.: $18,150
  • Tax Amount: $4,868
  • Tax Year: 2026
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), See Remarks, Stove(s)/Range(s), Washer(s)
  • Special Assmt: Yes
  • Property ID: 990200005

Listed by John McElroy | Coldwell Banker Best Homes | (360) 437-2278

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Schools serving 41 N Bay Ln #5

School District:Chimacum School District
NameGradesDistance
Chimacum Elementary School
91 West Valley Road, Chimacum, WA 98325
3-67.2 mi
Chimacum Creek Primary School
313 Ness Corner Rd, Port Hadlock-Irondale, WA 98339
K-28.5 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 41 N Bay Ln #5 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/21/2026
Listed
$695,000
81.33%
MLS
11/16/2017
Sold
$383,275
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 41 N Bay Ln #5

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,691
4%
$585,320
3%
2023
$4,495
18%
$569,480
15%
2023
$3,811
—
$494,520
20%
2023
$3,811
-1%
$410,670
4%
2021
$3,845
4%
$395,460
8%
2020
$3,684
2%
$365,040
2%
2019
$3,604
6%
$359,640
20%
2018
$3,400
9%
$299,700
7%
2017
$3,131
9%
$280,950
11%
2016
$2,864
15%
$252,793
15%
2015
$2,480
-2%
$219,820
—
2014
$2,524
—
$219,820
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by John McElroy | Coldwell Banker Best Homes | (360) 437-2278

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Sold by Non Member ZDefault | ZNonMember-Office-MLS

41 North Bay Lane #5, Port Ludlow, WA 98365 (MLS# 2511161) is a Condo property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 41 North Bay Lane #5 is currently listed for $695,000 and was received on April 21, 2026. Want to learn more about 41 North Bay Lane #5? Do you have questions about finding other Condo 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.

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