131 S Bay Way · Port Ludlow, WA 98365
Source: NWMLS · The Agency - Port Townsend · Holley Carlson #NWM2556213
About this home
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!
Location
Basics
- Property type
- Single Family Residence
- Style
- Traditional
- Stories
- 1 story
- Condition
- Good
- Year built
- 1978
- Lot size
- 115,870 sq ft (2.66 acres)
- County
- Jefferson
- MLS #
- NWM2556213
Interior
- Heating
- Fireplace Insert, Heat Pump
- Cooling
- Heat Pump
- Flooring
- Ceramic Tile, Hardwood
- Appliances
- Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
- Fireplace
- 1 · See Remarks
- 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
- Entry level
- Main
Exterior & lot
- Exterior features
- Wood, Wood Products
- Roof
- Composition
- Foundation
- Poured Concrete
- Lot features
- Dead End Street, Paved, Secluded, Value In Land
- Topography
- Level,Partial Slope,Sloped
- View
- Bay, Canal, Mountains, Sound, Territorial
- Waterfront
- Yes
Parking
- Parking spaces
- 5
- Garage
- Yes
- Carport
- Yes
- Covered spaces
- 5
- Parking features
- Detached Carport, Driveway, Detached Garage, RV Parking
Utilities
- Water
- Individual Well
- Sewer
- Septic Tank
- Power
- Electric, Propane
Community & fees
- Subdivision
- Oak Bay
- Property tax
- $11,157 (2026)
Transaction
- Listed on
- Sep 28, 2026
- Days active
- 35
- Price per sq ft
- $785
- Listing terms
- Cash, Conventional
- Possession
- Closing
More homes nearby
Schools
School district: Chimacum #49
- Elementary
- Buyer To Verify
- Middle
- Buyer To Verify

Listing provided courtesy of: The Agency - Port Townsend
Listing agent: Holley Carlson.
Based on information submitted to the MLS GRID as of —. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-10-05.