873 Olele Point Rd, Port Ludlow, WA 98365

Listed by Karen Best • Coldwell Banker Best Homes. Bought with Bainbridge Homes Real Estate.

Off market sep 2025 for $1.3M

$1,415,953

•

3,564

sq ft

873 Olele Point Rd, Port Ludlow, WA 98365

About this home

The pictures say it all! Waterfront living with sweeping views of Admiralty Inlet and the Cascade's including majestic Mt Baker. Take easy stairs down to your own shared cove. This home was custom designed for the lot with each room facing the water view - most feature deck or patio access. Main-level living with spacious rooms including the living room and the primary suite, both of which feature a wood-burning fireplace. The wrap around deck, with skylights, is partially covered. A bonus room with outside access offers a great space for a studio or an office. 3 garage bays. Lush grounds with room for an RV and/or a shop. Lower-level family room with a woodburning fireplace & wet bar. Located on a quiet street. Possible seller-financing.

Single-familyProperty Type

1994Year Built

0.61 acresLot Size

$397Est. Price/Sq.Ft.

3 car garageParking

Listed by Karen Best • Coldwell Banker Best Homes

Bought with Kim Coletti • Bainbridge Homes Real Estate

Redfin checked: a minute ago

•Source:NWMLS as Distributed by MLS Grid #2387662

Redfin Estimate

$1,415,953

$53K since sold in September 2025$6,000 since September

Recently sold homes
Estimate history

This home's estimate is 63.6% higher than the average sale price ($866K) of 6 comparable homes.

SOLD SEP 10, 2026
$950,003
A
3 beds3.5 baths3,215 sq ft
234 Montgomery Ln, Port Ludlow, WA 98365
SOLD MAY 26, 2026
$1,225,000
B
3 beds3.5 baths3,407 sq ft
234 Camber Ln, Port Ludlow, WA 98365
SOLD JUL 24, 2026
$829,000
C
3 beds2.5 baths3,065 sq ft
61 Robbins Rd, Nordland, WA 98358
SOLD SEP 14, 2026
$750,000
D
3 beds3 baths3,300 sq ft
82 Montgomery Ln, Port Ludlow, WA 98365
BOUGHT WITH REDFIN SEP 29, 2026
$775,000
E
3 beds2.5 baths2,866 sq ft
75 Seafarer Ln, Port Ludlow, WA 98365
SOLD SEP 29, 2026
$665,000
F
2 beds2.5 baths2,090 sq ft
201 Mats View Rd, 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

$4,438/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 873 Olele Point Rd

Year

Property tax

Land + Additions

Assessment*

2026

$8,880 (+1.6%)

$409,831 + $728,164

$1,137,995

2025

$8,741 (+8.5%)

$409,831 + $728,164

$1,137,995

2024

$8,059 (+6.2%)

$351,375 + $667,483

$1,018,858

2023

$7,586 (+4.0%)

$346,375 + $637,143

$983,518

2022

$7,296 (+1.9%)

$296,750 + $499,406

$796,156

2021

$7,159 (+5.6%)

$273,010 + $462,413

$735,423

2020

$6,778 (+3.5%)

$249,270 + $425,420

$674,690

2019

$6,546 (−4.4%)

$249,270 + $406,923

$656,193

2018

$6,844 (+2.5%)

$237,400 + $369,930

$607,330

2017

$6,675 (+17.5%)

$237,400 + $369,930

$607,330

2015

$5,680 (−0.9%)

$232,400 + $283,443

$515,843

2014

$5,731

$232,400 + $283,443

$515,843

Tax history for 873 Olele Point Rd

Year

Property tax

Land + Additions

Assessment*

2026

$8,880 (+1.6%)

$409,831 + $728,164

$1,137,995

2025

$8,741 (+8.5%)

$409,831 + $728,164

$1,137,995

2024

$8,059 (+6.2%)

$351,375 + $667,483

$1,018,858

2023

$7,586 (+4.0%)

$346,375 + $637,143

$983,518

2022

$7,296 (+1.9%)

$296,750 + $499,406

$796,156

2021

$7,159 (+5.6%)

$273,010 + $462,413

$735,423

2020

$6,778 (+3.5%)

$249,270 + $425,420

$674,690

2019

$6,546 (−4.4%)

$249,270 + $406,923

$656,193

2018

$6,844 (+2.5%)

$237,400 + $369,930

$607,330

2017

$6,675 (+17.5%)

$237,400 + $369,930

$607,330

2015

$5,680 (−0.9%)

$232,400 + $283,443

$515,843

2014

$5,731

$232,400 + $283,443

$515,843

*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

Stories

Lot width

—

Lot depth

—

Lot size

26,572

Year renovated

1998

Sq. Ft.

3,564

Year built

1994

Style

Single Family Residential

County

Jefferson County

APN

977400016

Parking Spaces

Basement

Yes

Accessible

HOA Dues

—

Garage

Yes

Features

Views, Waterfront

Last updated by owner on Sep 29, 2025.

Property details

Parking

Parking Information
Covered Spaces: 3
Parking Features: Attached Garage, RV Parking
Garage Spaces: 3
Has Attached Garage
Has Garage
Garage Square Feet: 792

Interior

Virtual Tour

Bedroom Information
# of Bedrooms: 2
# of Bedrooms Main: 1
# of Beds Lower: 1
Bedrooms Possible: 2

Bathroom Information
# of Full Baths (Total): 1
# of Three Quarter Baths (Total): 2
# of Half Baths (Total): 2
# of Main Level Bathrooms (Total): 3
# of Full Baths (Lower): 1
# of Half Baths (Main): 2
# of Three Quarter Baths (Main): 1
# of Three Quarter Baths (Lower): 1
# of Bathtubs: 1
# of Showers: 3

Room 1 Information
Room Type: Den/Office
Room Level: Lower

Room 2 Information
Room Type: Dining Room
Room Level: Main

Room 3 Information
Room Type: Entry Hall
Room Level: Main

Room 4 Information
Room Type: Family Room
Room Level: Lower

Room 5 Information
Room Type: Kitchen With Eating Space
Room Level: Main

Room 6 Information
Room Type: Living Room
Room Level: Main

Room 7 Information
Room Type: Primary Bedroom
Room Level: Main

Room 8 Information
Room Type: Utility Room
Room Level: Lower

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

Room 10 Information
Room Type: Bathroom Half
Room Level: Main

Room 11 Information
Room Type: Bathroom Half
Room Level: Main

Room 12 Information
Room Type: Bathroom Three Quarter
Room Level: Main

Room 13 Information
Room Type: Bedroom
Room Level: Lower

Room 14 Information
Room Type: Den/Office
Room Level: Lower

Room 15 Information
Room Type: Bonus Room

Room 16 Information
Room Type: Bathroom Three Quarter
Room Level: Lower

Basement Information
Basement Features: Finished

Fireplace Information
Has Fireplace
# of Fireplaces: 3
Fireplace Features: Wood Burning
# of Fireplaces Main: 2
# of Fireplaces Lower: 1

Heating & Cooling
Has Heating
Heating Information: Forced Air, Heat Pump
Has Cooling
Cooling Information: Heat Pump

Interior Features
Interior Features: Dining Room, Fireplace, French Doors, Skylight(s), Vaulted Ceiling(s), Walk-in Closet(s), Wet Bar
Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Flooring: Ceramic Tile, Hardwood
Appliances Included: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior

Building Information
Building Information: Built On Lot
Construction Materials: Wood
Roof: Composition

Exterior Features
Exterior Features: Wood

Waterfront Information
On Waterfront
Waterfront Features: Saltwater

Property Information
Energy Source: Electric,Wood
Sq. Ft. Finished: 3,564
Style Code: 16 - 1 Story w/Bsmnt.
Property Type: Residential
Property Sub Type: Single Family Residence
Has View

Land Information
Vegetation: Garden Space

Lot Information
Lot Number: 22 & 23
MLS Lot Size Source: Assessor
Site Features: Deck,High Speed Internet,Outbuildings,Patio,RV Parking
Zoning Jurisdiction: County
Lot Features: Dead End Street, Paved
Lot Size Units: Square Feet
Lot Size Acres: 0.61
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $8,740.88
Tax Year: 2025

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

Utilities

Utility Information
Water Source: Shared Well
Water Company: Well
Power Company: JPUD
Sewer: Septic Tank
Sewer Company: Septic
Cable Connected: Astound
Internet Connected: Astound

Location

School Information
High School District: Chimacum #49

Location Information
Water Access: Deeded Access,Tideland Rights
Bus Line Nearby: false
Directions: Oak Bay Rd to Olele Pt Rd to house on waterside of the street.
Topography: Level,Partial Slope,Terraces

Community Information
Senior Exemption: false

Public facts

Beds: 2
Baths: 4.0
Sq. Ft.: 3,564
Stories: 1.0
Parking Spaces: 3
Basement: Yes
Accessible: No
Lot Size: 0.61 acres
Style: Single Family Residential
Year Built: 1994
Year Renovated: 1998
County: Jefferson County
APN: 977400016
HOA Dues: —
Garage: Yes
Features: Views, Waterfront

Home facts updated by owner on Sep 29, 2025

Other

Listing Information
Buyer Brokerage Compensation: 2.5
Buyer Brokerage Compensation Type: %
Mls Status: Sold

Listing Date Information
On Market Date: Wednesday, June 4, 2025

Green Information
Direction Faces: East
Power Production Type: Electric, Wood

Home Information
Living Area: 3,564
Calculated Square Footage: 3564
MLS Square Footage Source: Assesor
Building Area Total: 3564
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Building Name: Olele Point
Structure Type: House
Levels: One
Entry Location: Main

Around this home

Schools

Chimacum Elementary School

Public 2-6 • Assigned • 5.3mi

5/10

Chimacum High School

Public 7-12 • Assigned • 5.3mi

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

$1.35M – $1.63M

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

Nearby similar homes

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New listings for sale in 98365

OPEN OCT 17, 12PM TO 2PM3D WALKTHROUGH

$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

Home values near 873 Olele Point Rd

Data from public records.

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

Address	Redfin Estimate
861 Olele Point Rd, Port Ludlow, WA 2 Beds \| 2.5 Baths \| 3268 Sq. Ft.	$1,594,347
1060 Olele Point Rd, Port Ludlow, WA 2 Beds \| 3 Baths \| 2370 Sq. Ft.	$1,015,955

Address	Redfin Estimate
811 Olele Point Rd, Port Ludlow, WA 2 Beds \| 2 Baths \| 2484 Sq. Ft.	$1,296,635
787 Olele Point Rd, Port Ludlow, WA 3 Beds \| 3 Baths \| 2715 Sq. Ft.	$2,715,309

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2025. This data may not show owner updates. Learn more.

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