131 S Bay Way, Port Ludlow, WA 98365 (MLS # 2556213)

Listing provided courtesy of Northwest MLS; The Agency - Port Townsend

Price $1,550,000
Status Active
Beds 2
Baths 3 Baths
Home size 1,975 sqft
Lot Size 2.66 ac
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!
Property Type(s): Single Family
Last Updated 9/28/2026 Tract Oak Bay
Year Built 1978 Community Oak Bay
County Jefferson

SCHOOLS

Elementary School Buyer To Verify
Jr. High School Buyer To Verify
High School Buyer To Verify

Additional Details

AIR Ceiling Fan(s), Heat Pump
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Water Heater
AREA 487 - Oak Bay
BASEMENT Daylight, Partially Finished, Yes
EXTERIOR Garden
FIREPLACE Yes
GARAGE Yes
HEAT Electric, Fireplace Insert, Heat Pump, Propane
INTERIOR 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
LOT 2.66 acre(s)
LOT DESCRIPTION Dead End Street, Paved, Secluded, Value In Land
MLS STATUS Active
PARKING Detached Carport, Driveway, Detached, RV Access/Parking
SEWER Septic Tank
STORIES 1
STYLE 16 - 1 Story w/Bsmnt.
SUBDIVISION Oak Bay
TAXES 11157
VIEW Yes
VIEW DESCRIPTION Bay, Canal, Mountain(s), Sound, Territorial
WATER Well, Private
WATERFRONT Yes
WATERFRONT DESCRIPTION Canal Front, Waterfront

Location

 

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 9/29/26 6:21 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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