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$850,000 -$45,000 (-5.03%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 3,456 Sq. Ft.
  • Updated 3 days ago

Listed by Sarah Lynn Perkins | Windermere R.E Port Ludlow | (360) 797-9344

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Escape to your own private retreat on a gated 6 acres just minutes from the Hood Canal Bridge. Thoughtfully updated & full of versatility, this exceptional property offers the perfect blend of comfort, privacy, & opportunity. At the heart of the home is a beautifully designed new kitchen addition, featuring quality finishes, abundant gathering space, & seamless flow into the dining area. New flooring enhances the fresh, modern feel throughout these living spaces. The luxurious primary suite is a true sanctuary, complete with a spacious bedroom, private sitting room or office, secluded deck, generous walk-in closet, & a spa-inspired en-suite bath with a walk-in steam shower. Lower level provides incredible flexibility, making it ideal for multigenerational living, guest quarters, a home-based business, or income-producing possibilities. This level features a large living area, bedroom, full bath, & kitchen, offering comfort & independence. Outside, the park-like grounds showcase mature landscaping, berries & established fruit trees, creating a peaceful setting that feels worlds away while remaining close to shopping, dining, recreation, & an easy commute via the Hood Canal Bridge. Rarely does a property offer this combination of privacy, space, modern updates, & endless potential. Whether you're seeking a tranquil homestead, a place to work from home, or room for extended living, this one-of-a-kind property delivers a lifestyle as flexible as it is inviting

Full Property Details for 514 Bywater Way

General

  • Price: $850,000
  • HOA FEE: $75/month
  • HOA FEE FREQ.: Annually
  • Taxes: $5,635 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2535867
  • Updated: 7/6/2026
  • Added to Site: 29 day(s) ago

Interior

  • Interior Features: Second Kitchen, Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), See Remarks, Stove(s)/Range(s), Washer(s)
  • Flooring: Bamboo/Cork, Ceramic Tile, Carpet

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Upper: 1
  • Bedrooms Main: 2

Additional Information

  • Amenities: Deck, Gated Entry, Outbuildings, Outdoor Fireplace, Propane, RV Parking
  • Security/Safety: Security Gate

Parking

  • Parking Features: Driveway, RV Parking

Location

  • Area: 489 - Port Ludlow
  • County: Jefferson
  • Subdivision: Port Ludlow
  • Driving Directions: From Hood Canal Bridge, immediate right onto Paradise Bay Road. Left onto Bywater Way to home on right.

School Information

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

Community

  • Association: Yes
  • Assoc. Fees Include: Road Maintenance

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air, Stove/Free Standing
  • Water Heater: Electric

Utilities

  • Sewer: Septic Tank
  • Water: Public

Structural Information

  • Structure Type: House
  • Exterior Const.: Wood
  • Basement Desc.: Finished
  • Foundation: Slab
  • Roof: Composition
  • Entry Location: Lower, Main
  • Square Feet: 3,456
  • Finished Total: 3,456 Sq. Ft.
  • Year Built: 1993
  • Property Condition: Good

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 6.04
  • Lot Size (Sq. Ft.): 263,102
  • Lot Size Source: realist
  • Topography: Level, Partial Slope
  • Lot Features: Corner Lot, Paved
  • Trees/Vegetation: Brush, Fruit Trees, Garden Space, Wooded

Financial Considerations

  • Association Fee: $900
  • Assoc Fee Freq.: Annually
  • Tax Amount: $5,635
  • Tax Year: 2026
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), See Remarks, Stove(s)/Range(s), Washer(s)
  • Property ID: 821355034

Listed by Sarah Lynn Perkins | Windermere R.E Port Ludlow | (360) 797-9344

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NMLS#: 1598647

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Schools serving 514 Bywater Way

School District:Chimacum School District
NameGradesDistance
Chimacum Elementary School
91 West Valley Road, Chimacum, WA 98325
3-611.1 mi
Chimacum Creek Primary School
313 Ness Corner Rd, Port Hadlock-Irondale, WA 98339
K-212.4 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 514 Bywater Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/06/2026
Price Reduced
$850,000
-5.03%
MLS
6/11/2026
Listed
$895,000
1001.54%
MLS
4/28/2014
Sold
$81,250
—
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 514 Bywater Way

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,147
—
$716,778
13%
2025
$5,147
26%
$636,178
25%
2023
$4,092
-1%
$510,771
-4%
2023
$4,141
—
$530,660
31%
2023
$4,141
4%
$406,200
—
2021
$3,995
5%
$406,200
9%
2020
$3,801
5%
$373,371
5%
2019
$3,611
-11%
$356,957
—
2018
$4,067
11%
$356,957
9%
2017
$3,655
2%
$328,287
3%
2016
$3,581
1%
$318,290
—
2015
$3,530
16%
$318,290
19%
2014
$3,052
—
$268,192
—
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 Sarah Lynn Perkins | Windermere R.E Port Ludlow | (360) 797-9344

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514 Bywater Way, Port Ludlow, WA 98365 (MLS# 2535867) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 514 Bywater Way is currently listed for $850,000 and was received on June 11, 2026. Want to learn more about 514 Bywater 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.

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