$1,075,000
Est. $5,424/mo2 bd•2.5 ba•2,229 sq ft
51 S Bayview Drive, Port Ludlow, WA 98365
• Listed 2026-02-23•19 days on market
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Welcome to your waterfront sanctuary on Mats Mats Bay in Port Ludlow. Tranquility, adventure, and coastal living come together. With 86 feet of shoreline accessed by stairs provides easy beach roaming, and tideland fun. This spacious house has 2 bed, office and 2 bath upstairs, with living, dining, and great room/ kitchen area on main. Custom upgrades and thoughtful finishes. Hardwood floors, stainless appliances, convenient propane fireplace, and spa-inspired primary bath. Large windows and open living spaces are designed to capture the views. Step onto expansive decking, perfect for entertaining or simply watching boats glide past. Launch kayaks, paddleboards, or canoes directly from your own beach. A county boat ramp and dock are conveniently located at the south end of Mats Mats Bay. Spend your days beach combing, fishing, crabbing, or exploring marine life. Comfortably outfitted and move-in ready, fenced, fruit trees, outbuilding, room for RV or boat parking, and sunny garden spaces—your own peaceful escape. No HOA or CC&Rs and potential for vacation rental opportunities. Gated entry. Just minutes from dining, golf, hiking, and shopping, Close to Port Hadlock, 15 minutes to Port Townsend or 30 to Poulsbo, and routes to Seattle and SeaTac in under 90 minutes. Whether you're seeking a full-time residence, a weekend getaway, or an investment opportunity, everything you've wanted in a waterfront lifestyle is right here. Once you arrive, you may never want to leave.
$698,000
-$377,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $507K and $1.14M.
Rental earnings
$2,100/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$1,098,000Last sold price
115 Quarry Road, Port Ludlow, WA 98365
$1,140,000Last sold price
811 Olele Point Road, Port Ludlow, WA 98365
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
51 S Bayview Drive, Port Ludlow, WA 98365
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
$6,287 per month
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 20, 2026 at 02:07pm (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Listed by Karena K Wells • Real Broker LLC
Listing updated: May 20, 2026 at 02:07pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2480876
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Open Tue, Jun 9 +1Port Ludlow is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 13 days.
$160,000 Sold
6 months ago
•Single Family
408 Bayshore Drive, Port Ludlow, WA 98365
20%
Under list
—
Days on market
0.2 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.