741 Olele Point Rd, Port Ludlow, WA 98365

Listed by Ellen Niemitalo • John L. Scott/Pt. Townsend. Bought with John L. Scott/Pt. Townsend.

Off market jul 2021 for $1.2M

$1,402,405

•

4,480

sq ft

741 Olele Point Rd, Port Ludlow, WA 98365

About this home

Spectacular low bank waterfront property with sweeping views encompassing dynamic shipping lanes, peaceful Oak Bay, and majestic Mount Baker. This custom built home features exceptional craftsmanship and finishes throughout. The fabulous kitchen and open great room design are perfect for entertaining. The versatile floorplan offers endless options -- use the primary bedroom suite on the first floor, or create a multi-room owner’s retreat on the second floor. The lower level is the perfect space for a media room, game room, or home business. The wraparound porch is made for relaxation and inspiration. The property includes ~195 ft of waterfront and it is an easy stroll to the water’s edge.

Single-familyProperty Type

2007Year Built

2.21 acresLot Size

$313Est. Price/Sq.Ft.

2 garage spacesParking

Listed by Ellen Niemitalo • John L. Scott/Pt. Townsend

Bought with Ellen Niemitalo • John L. Scott/Pt. Townsend

Redfin checked: 2 minutes ago

•Source:NWMLS as Distributed by MLS Grid #1803895

$1,433,977

Updated Apr 11, 2026

Based on recent home sales selected by the homeowner.

SOLD OCT 21, 2025
2965 Paradise Bay Rd, Port Ludlow, WA 98365
$1,200,000 Last sold price
A
3 beds3 baths3,378 sq ft
2965 Paradise Bay Rd, Port Ludlow, WA 98365
SOLD NOV 18, 2025
3133 Oak Bay Rd, Port Hadlock, WA 98339
$1,400,000 Last sold price
B
2 beds2.5 baths2,708 sq ft
3133 Oak Bay Rd, Port Hadlock, WA 98339
SOLD AUG 29, 2025
40751 Foulweather Bluff Rd NE, Hansville, WA 98340
$1,075,000 Last sold price
C
3 beds2.5 baths2,069 sq ft
40751 Foulweather Bluff Rd NE, Hansville, WA 98340
SOLD SEP 25, 2025
873 Olele Point Rd, Port Ludlow, WA 98365
$1,363,000 Last sold price
D
2 beds4 baths3,564 sq ft
873 Olele Point Rd, Port Ludlow, WA 98365
BOUGHT WITH REDFIN OCT 15, 2025
140 N Bay Way, Port Ludlow, WA 98365
$1,015,000 Last sold price
E
3 beds2 baths2,966 sq ft
140 N Bay Way, Port Ludlow, WA 98365

Redfin Estimate

$1,402,405

$202K since sold in July 2021$26K since September

Recently sold homes
Estimate history

This home's estimate is 35.2% higher than the average sale price ($1.04M) of 6 comparable homes.

SOLD SEP 14, 2026
$750,000
A
3 beds3 baths3,300 sq ft
82 Montgomery Ln, Port Ludlow, WA 98365
SOLD JUN 15, 2026
$2,000,000
B
3 beds3.5 baths4,500 sq ft
192 Montgomery Ct, Port Ludlow, WA 98365
SOLD SEP 22, 2026
$925,545
C
3 beds2.5 baths3,033 sq ft
63 Red Cedar Ln, Port Ludlow, WA 98365
SOLD SEP 10, 2026
$950,003
D
3 beds3.5 baths3,215 sq ft
234 Montgomery Ln, Port Ludlow, WA 98365
SOLD JUL 24, 2026
$829,000
E
3 beds2.5 baths3,065 sq ft
61 Robbins Rd, Nordland, WA 98358
SOLD JUL 14, 2026
$769,000
F
3 beds3 baths2,767 sq ft
662 Pioneer Dr, Port Ludlow, WA 98365

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Rent

$4,229/mo

Redfin rental estimate

List your home for rent

Market trends in 98365, WA

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.7%

0.2% MoM

Median sale price

$655K

$80K MoM

Avg. days on market

64d

23 days MoM

Recently sold homes

7 MoM

New listings for sale

OPEN OCT 17, 12PM TO 2PM
$598,500
2 beds2.5 baths2,035 sq ft
31 Sea Vista Pl, Port Ludlow, WA 98365
Ruth Gribbin-Schmitt • Coldwell Banker Best Homes
$760,000
4 beds2.5 baths2,357 sq ft
25 Evans, Port Ludlow, WA 98365
Lindsey Montgomery • Windermere R.E. Port Townsend
OPEN SUN, 11AM TO 1PM
$1,228,000
3 beds3 baths3,198 sq ft
333 South Bay Ln, Port Ludlow, WA 98365
Sheri Griffith • John L. Scott Port Ludlow
$1,499,999
3 beds3 baths3,031 sq ft
3221 Teal Lake Rd, Port Ludlow, WA 98365
Dennis Balduf • REally Properties Inc
3D WALKTHROUGH
$1,199,900
3 beds4 baths3,460 sq ft
110 Groves Way, Port Ludlow, WA 98365
James Shute • KW Greater Seattle
$1,550,000
2 beds3 baths1,975 sq ft
131 S Bay Way, Port Ludlow, WA 98365
Holley Carlson • The Agency - Port Townsend
$615,000
2 beds2 baths1,498 sq ft
61 Clipper Ln, Port Ludlow, WA 98365
Becky Belding • Windermere R.E. Port Ludlow
See all

Provided by Redfin

Sale history for 741 Olele Point Rd

Year

Property tax

Land + Additions

Assessment*

2026

$10,107 (+1.6%)

$521,328 + $778,795

$1,300,123

2025

$9,947 (+8.6%)

$521,328 + $778,795

$1,300,123

2024

$9,156 (+6.0%)

$448,329 + $713,896

$1,162,225

2023

$8,638 (+11.8%)

$443,329 + $681,446

$1,124,775

2022

$7,729 (+1.9%)

$366,751 + $479,848

$846,599

2021

$7,586 (+5.4%)

$337,411 + $444,304

$781,715

2020

$7,197 (+3.3%)

$308,071 + $408,759

$716,830

2019

$6,969 (−4.6%)

$308,071 + $390,987

$699,058

2018

$7,308 (+2.5%)

$293,401 + $355,443

$648,844

2017

$7,127 (+10.9%)

$293,401 + $355,443

$648,844

2015

$6,427 (−0.9%)

$318,969 + $264,899

$583,868

2014

$6,487

$318,969 + $264,899

$583,868

Tax history for 741 Olele Point Rd

Year

Property tax

Land + Additions

Assessment*

2026

$10,107 (+1.6%)

$521,328 + $778,795

$1,300,123

2025

$9,947 (+8.6%)

$521,328 + $778,795

$1,300,123

2024

$9,156 (+6.0%)

$448,329 + $713,896

$1,162,225

2023

$8,638 (+11.8%)

$443,329 + $681,446

$1,124,775

2022

$7,729 (+1.9%)

$366,751 + $479,848

$846,599

2021

$7,586 (+5.4%)

$337,411 + $444,304

$781,715

2020

$7,197 (+3.3%)

$308,071 + $408,759

$716,830

2019

$6,969 (−4.6%)

$308,071 + $390,987

$699,058

2018

$7,308 (+2.5%)

$293,401 + $355,443

$648,844

2017

$7,127 (+10.9%)

$293,401 + $355,443

$648,844

2015

$6,427 (−0.9%)

$318,969 + $264,899

$583,868

2014

$6,487

$318,969 + $264,899

$583,868

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

3.5

Stories

Lot width

—

Lot depth

—

Lot size

96,268

Year renovated

—

Sq. Ft.

4,480

Year built

2007

Style

Single Family Residential

County

Jefferson County

APN

977400005

Parking Spaces

Basement

Yes

Accessible

Yes

HOA Dues

—

Garage

Yes

Features

Views, Waterfront

Last updated by owner on Oct 14, 2025.

Property details

Parking

Parking Information
Covered Spaces: 2
Parking Features: Attached Garage
Garage Spaces: 2
Has Attached Garage
Has Garage

Interior

Bedroom Information
# of Bedrooms: 3
# of Beds Upper: 2
# of Bedrooms Main: 1
Bedrooms Possible: 3

Bathroom Information
# of Full Baths (Total): 2
# of Three Quarter Baths (Total): 1
# of Half Baths (Total): 1
# of Full Baths (Upper): 1
# of Full Baths (Main): 1
# of Half Baths (Main): 1
# of Three Quarter Baths (Lower): 1

Room 1 Information
Room Type: Primary Bedroom
Room Level: Main

Room 2 Information
Room Type: Bedroom
Room Level: Upper

Room 3 Information
Room Type: Bedroom
Room Level: Upper

Room 4 Information
Room Type: Bathroom Full
Room Level: Main

Room 5 Information
Room Type: Bathroom Full
Room Level: Upper

Room 6 Information
Room Type: Bathroom Three Quarter
Room Level: Lower

Room 7 Information
Room Type: Bathroom Half
Room Level: Main

Room 8 Information
Room Type: Living Room
Room Level: Main

Room 9 Information
Room Type: Dining Room
Room Level: Main

Room 10 Information
Room Type: Kitchen With Eating Space
Room Level: Main

Room 11 Information
Room Type: Bonus Room
Room Level: Lower

Room 12 Information
Room Type: Bonus Room
Room Level: Upper

Room 13 Information
Room Type: Entry Hall
Room Level: Main

Room 14 Information
Room Type: Extra Fin Rm
Room Level: Lower

Basement Information
Basement Features: Daylight

Heating & Cooling
Has Heating
Has Cooling

Interior Features
Interior Features: Ceramic Tile, Hardwood, Wall to Wall Carpet, Wired for Generator, Ceiling Fan(s), Dining Room, High Tech Cabling, Security System, Vaulted Ceiling(s), Walk-in Closet(s)
Flooring: Ceramic Tile, Hardwood, Carpet

Exterior

Building Information
Building Information: Built On Lot
Roof: Composition

Exterior Features
Exterior Features: Wood

Waterfront Information
On Waterfront
Waterfront Features: Bank-Low
Waterfront Footage: 195 feet

Property Information
Sq. Ft. Finished: 4,480
Style Code: 18 - 2 Stories w/Bsmnt
Property Type: Residential
Property Sub Type: Single Family Residence
Property Condition: Very Good
Has View

Lot Information
MLS Lot Size Source: Assessor
Site Features: Cable TV,Deck,High Speed Internet,Propane
Lot Features: Dead End Street, Paved
Lot Size Units: Square Feet
Lot Size Acres: 2.21
Elevation Units: Feet

Financial

Financial Information
Buyer Financing: Conventional

Utilities

Utility Information
Water Source: Individual Well
Sewer: Septic Tank

Location

Multi-Unit Information
Furnished: Unfurnished

Location Information
Topography: Level

Community Information
Community Features: Community Waterfront/Pvt Beach

Public facts

Beds: 3
Baths: 3.5
Sq. Ft.: 4,480
Stories: 1.5
Parking Spaces: 10
Basement: Yes
Accessible: Yes
Lot Size: 2.21 acres
Style: Single Family Residential
Year Built: 2007
Year Renovated: —
County: Jefferson County
APN: 977400005
HOA Dues: —
Garage: Yes
Features: Views, Waterfront

Home facts updated by owner on Oct 14, 2025

Other

Listing Information
Mls Status: Sold

Listing Date Information
On Market Date: Wednesday, July 7, 2021

Home Information
Living Area: 4,480
Living Area Units: Square Feet
Calculated Square Footage: 4480
MLS Square Footage Source: Assessor
Building Area Total: 4480
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Structure Type: House
Levels: Two
Entry Location: Main

Around this home

Schools

Chimacum Elementary School

Public 2-6 • Assigned • 5.1mi

5/10

Chimacum High School

Public 7-12 • Assigned • 5.1mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 83° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

7 unhealthy days expected this year, 9 days in 30 years

Provided by First Street

Historical weather

Port Ludlow, WA • 98365

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.5 hours in June and 1.8 hours in December, placing it below the U.S. average for solar exposure.

8.5 hrs

1.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.33M – $1.61M

Sell confidently with a local market expert in Port Ludlow. 3 minutes to get started.

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Ruth Gribbin-Schmitt • Coldwell Banker Best Homes

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Sheri Griffith • John L. Scott Port Ludlow

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Dennis Balduf • REally Properties Inc

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James Shute • KW Greater Seattle

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Home values near 741 Olele Point Rd

Data from public records.

Address	Redfin Estimate
861 Olele Point Rd, Port Ludlow, WA 2 Beds \| 2.5 Baths \| 3268 Sq. Ft.	$1,594,347
787 Olele Point Rd, Port Ludlow, WA 3 Beds \| 3 Baths \| 2715 Sq. Ft.	$2,715,309

Address	Redfin Estimate
811 Olele Point Rd, Port Ludlow, WA 2 Beds \| 2 Baths \| 2484 Sq. Ft.	$1,296,635
641 Olele Point Rd, Port Ludlow, WA 2 Beds \| 2 Baths \| 1496 Sq. Ft.	$1,124,264

Address	Redfin Estimate
731 Olele Point Rd, Port Ludlow, WA 3 Beds \| 2 Baths \| 720 Sq. Ft.	$726,097
431 Olele Point Rd, Port Ludlow, WA 3 Beds \| 2 Baths \| 3374 Sq. Ft.	$1,458,197

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2021. This data may not show owner updates. Learn more.

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