$1,950,000
Est. $9,840/mo2 bd•2 ba•1,694 sq ft
131 S Bay Way, Port Ludlow, WA 98365
• Listed 2026-06-01•6 days on market
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160 feet of no-bank waterfront on Oak Bay with second-class tidelands. Two parcels totaling 2.66 acres. The primary parcel (1.35 acres) holds the home, garages, and ADU. The adjoining parcel (1.31 acres) is vacant, and wooded with potential for further development and room to expand, or simply hold as your own private buffer against the world. Walk out the door, and you're on the beach. No bank. No bluff. Kayak, crab, paddleboard, all of it, right from your own shoreline on a dead-end road in Port Ludlow. The main residence is a fully remodeled 2-bed, 3-bath with inch-thick marble countertops, custom oak dovetail cabinetry, hardwood and tile floors throughout, and a new Trane XV19 heat pump installed in 2021. Two substantial garages, one with two bays, one with three, deliver compound-level flexibility. One has tall bay doors for a full-size RV, boat, or trailer with a fully appointed 1-bed, 1-bath mother-in-law apartment above, private deck, water views, and real rental income potential. The second houses a professional woodworking studio. A whole-home generator with three large propane tanks means power outages are simply not an event here. No bank. No compromises. Welcome home.
Listed by Kalan Wolfe Hatton • Munn Bro's Hood Canal Prop Inc
Listing updated: June 2, 2026 at 04:57pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2524718
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131 S Bay Way, Port Ludlow, WA 98365
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Port Ludlow is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
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: Days-on-market data not available for this area.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Chimacum #49 School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.