OFF MARKET

Listed by Ty Evans • Windermere RE Bainbridge. Bought with Sound West Realty.

Off market aug 2021 for $2.2M

$2,715,309

Est. refi paymentEst. refi $3,132/mo

•

2,715

sq ft

787 Olele Point Rd, Port Ludlow, WA 98365

About this home

Extraordinary waterfront treasure at Olele Point! Beyond the wrought-iron gate an exquisite canvas of velvet green lawns, majestic white pines and a stately, one of a kind manor all framed by 600’ of the pristine waters of Admiralty Inlet & Oak Bay. Profound natural beauty with astute privacy and endless mesmerizing vistas punctuate the signature, custom built home. Art becomes life through purposeful design, unparalleled quality, artisanal craftsmanship and exquisite materials. Wrapped in stone, dressed in Pennsylvania Bluestone, Honduras Mahogany and Italian marble and roofed in copper all of the details evoke strength and luxury. The windswept grounds sing romance, invite gatherings and promote happiness, a rare find not to be missed!

Single-familyProperty Type

1993Year Built

5.8 acresLot Size

$1,000Est. Price/Sq.Ft.

2 car garageParking

Listed by Ty Evans • Windermere RE Bainbridge

Listed by Rick Franz • Windermere Real Estate/East

Bought with Chris Periot • Sound West Realty

Redfin checked: 2 minutes ago

•Source:NWMLS as Distributed by MLS Grid #1780225

Redfin Estimate

$2,715,309

$490K since sold in August 2021$35K since September

Recently sold homes
Estimate history

This home's estimate is 225.5% higher than the average sale price ($834K) of 6 comparable homes.

BOUGHT WITH REDFIN SEP 29, 2026
$775,000
A
3 beds2.5 baths2,866 sq ft
75 Seafarer Ln, Port Ludlow, WA 98365
SOLD JUL 24, 2026
$829,000
B
3 beds2.5 baths3,065 sq ft
61 Robbins Rd, Nordland, WA 98358
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 AUG 14, 2026
$775,000
E
3 beds2.5 baths2,848 sq ft
103 Deer Hollow Cir, Port Ludlow, WA 98365
SOLD SEP 14, 2026
$750,000
F
3 beds3 baths3,300 sq ft
82 Montgomery Ln, Port Ludlow, WA 98365

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Sell

$916,442

Est. take-home

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Est. cash available

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Rent

$3,317/mo

Redfin rental estimate

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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 787 Olele Point Rd

Year

Property tax

Land + Additions

Assessment*

2026

$16,725 (+1.6%)

$1,192,214 + $965,492

$2,157,706

2025

$16,459 (+9.4%)

$1,192,214 + $965,492

$2,157,706

2024

$15,051 (+5.1%)

$1,031,708 + $885,035

$1,916,743

2023

$14,324 (+14.3%)

$1,026,708 + $844,806

$1,871,514

2022

$12,532 (+2.3%)

$876,291 + $501,204

$1,377,495

2021

$12,249 (+5.6%)

$806,188 + $464,078

$1,270,266

2020

$11,600 (+2.4%)

$736,084 + $426,951

$1,163,035

2019

$11,332 (−5.6%)

$736,084 + $408,388

$1,144,472

2018

$12,004 (+2.5%)

$701,033 + $371,262

$1,072,295

2017

$11,707 (+8.9%)

$701,033 + $371,262

$1,072,295

2015

$10,753 (−1.0%)

$696,033 + $282,136

$978,169

2014

$10,864

$696,033 + $282,136

$978,169

Tax history for 787 Olele Point Rd

Year

Property tax

Land + Additions

Assessment*

2026

$16,725 (+1.6%)

$1,192,214 + $965,492

$2,157,706

2025

$16,459 (+9.4%)

$1,192,214 + $965,492

$2,157,706

2024

$15,051 (+5.1%)

$1,031,708 + $885,035

$1,916,743

2023

$14,324 (+14.3%)

$1,026,708 + $844,806

$1,871,514

2022

$12,532 (+2.3%)

$876,291 + $501,204

$1,377,495

2021

$12,249 (+5.6%)

$806,188 + $464,078

$1,270,266

2020

$11,600 (+2.4%)

$736,084 + $426,951

$1,163,035

2019

$11,332 (−5.6%)

$736,084 + $408,388

$1,144,472

2018

$12,004 (+2.5%)

$701,033 + $371,262

$1,072,295

2017

$11,707 (+8.9%)

$701,033 + $371,262

$1,072,295

2015

$10,753 (−1.0%)

$696,033 + $282,136

$978,169

2014

$10,864

$696,033 + $282,136

$978,169

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

Public record

Public record
Permits

Beds

Baths

2.5

Stories

1.5

Lot width

—

Lot depth

—

Lot size

2.09 Acres

Year renovated

—

Sq. Ft.

2,140

Year built

1993

Style

Single Family Residential

County

Jefferson County

APN

977400008

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 19, 2026.

Property details

Parking

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

Interior

Bedroom Information
# of Bedrooms: 3
# of Beds Upper: 3
Bedrooms Possible: 5

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

Room 1 Information
Room Type: Dining Room
Room Level: Main

Room 2 Information
Room Type: Entry Hall
Room Level: Main

Room 3 Information
Room Type: Kitchen Without Eating Space
Room Level: Main

Room 4 Information
Room Type: Living Room
Room Level: Main

Room 5 Information
Room Type: Primary Bedroom
Room Level: Upper

Room 6 Information
Room Type: Utility Room
Room Level: Upper

Room 7 Information
Room Type: Bedroom
Room Level: Upper

Room 8 Information
Room Type: Bathroom Full
Room Level: Upper

Room 9 Information
Room Type: Bathroom Full
Room Level: Upper

Room 10 Information
Room Type: Bathroom Three Quarter
Room Level: Main

Room 11 Information
Room Type: Den/Office
Room Level: Upper

Room 12 Information
Room Type: Bedroom
Room Level: Upper

Basement Information
Basement Features: None

Fireplace Information
Has Fireplace
# of Fireplaces: 1
# of Fireplaces Main: 1

Heating & Cooling
Has Heating

Interior Features
Interior Features: Ceramic Tile, Hardwood, Wall to Wall Carpet, Ceiling Fan(s), Dining Room, French Doors, Jetted Tub, Security System, Skylight(s), Vaulted Ceiling(s), Walk-in Closet(s), Wired for Generator, Fireplace, Water Heater
Appliances: Dryer, Washer
Flooring: Ceramic Tile, Hardwood, Stone, Carpet
Appliances Included: Dishwasher,Dryer,Range/Oven,Refrigerator,Washer

Exterior

Building Information
Building Information: Built On Lot
Roof: Metal

Exterior Features
Exterior Features: Stone

Waterfront Information
On Waterfront
Waterfront Features: Bank-Low, Bank-Medium

Property Information
Energy Source: Electric,Propane
Sq. Ft. Finished: 2,140
Style Code: 12 - 2 Story
Property Type: Residential
Property Sub Type: Single Family Residence
Has View

Land Information
Vegetation: Fruit Trees, Garden Space

Lot Information
Lot Number: 11 & 12
MLS Lot Size Source: JCR
Site Features: Athletic Court,Boat House,Deck,Fenced-Fully,Gated Entry,High Speed Internet,Outbuildings,Patio,Propane,Sprinkler System
Lot Features: Dead End Street, Paved, Secluded
Lot Size Units: Square Feet
Lot Size Acres: 5.8
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $12,249
Tax Year: 2021

Financial Information
Listing Terms: Cash Out, Conventional
Buyer Financing: Cash

Utilities

Utility Information
Water Source: Shared Well
Power Company: Jefferson PUD
Sewer: Septic Tank
Utilities: High Speed Internet, Septic System, Electric, Propane
Water Heater Location: Mechanical Room
Water Heater Type: Propane

Location

Multi-Unit Information
Furnished: Unfurnished

School Information
Elementary School: Chimacum Creek Prima
Middle Or Junior High School: Chimacum Mid
High School: Chimacum High
High School District: Chimacum #49

Location Information
Directions: From Route 19, Right on Oak Bay Rd, through Port Ludlow, Right on Olele Point Rd, Gate on Left
Topography: Level

Community Information
Senior Exemption: false

Public facts

Beds: 2
Baths: 2.5
Sq. Ft.: 2,140
Stories: 1.5
Lot Size: 2.09 acres
Style: Single Family Residential
Year Built: 1993
Year Renovated: —
County: Jefferson County
APN: 977400008

Home facts updated by county records on Aug 19, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
Offers Review Date: Wednesday, June 16, 2021
On Market Date: Monday, June 7, 2021

Green Information
Direction Faces: South
Power Production Type: Electric, Propane

Home Information
Living Area: 2,140
Living Area Units: Square Feet
Calculated Square Footage: 2715
MLS Square Footage Source: JCR
Building Area Total: 2715
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 • 5.2mi

5/10

Chimacum High School

Public 7-12 • Assigned • 5.2mi

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

2/10 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

$2.58M – $3.12M

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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 787 Olele Point Rd

Data from public records.

Address	Redfin Estimate
931 Olele Point Road, Port Ludlow, WA 1 Beds \| 1 Baths \| 1292 Sq. Ft.	$826,113
731 Olele Point Road, Port Ludlow, WA 3 Beds \| 2 Baths \| 720 Sq. Ft.	$726,097

Address	Redfin Estimate
861 Olele Point Road, Port Ludlow, WA 2 Beds \| 2.5 Baths \| 3268 Sq. Ft.	$1,594,347
741 Olele Point Road, Port Ludlow, WA 3 Beds \| 3.5 Baths \| 4480 Sq. Ft.	$1,402,405

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

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

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