Listed by The Agency - Port Townsend
$699,000
$16K PRICE DROP

140 Admiralty Ln Unit 370 Port Ludlow, WA 98365

Port Ludlow Neighborhood

Estimated payment $4,668/month

Total Views 4,446
3 Beds
3 Baths
1,605 Sq Ft
$436 Price per Sq Ft

Highlights

  • Ocean Front
  • Unit is on the top floor
  • Property is near public transit
  • Fitness Center
  • Clubhouse
  • Vaulted Ceiling

About This Home

Experience resort-style living in picturesque Port Ludlow! This desirable, private, top-floor corner condo offers gorgeous views of the Puget Sound, perfect for relaxing or entertaining as you watch the boats drift by and savor sunrises over the bay. Featuring 3 bedrooms and 2.75 bathrooms. HOA Construction to be completed Nov 2025: brand-new roof, siding, deck, and waterproof exterior!! Enjoy access to the Port Ludlow Beach Club with indoor/outdoor pools, fitness center, a variety of classes, performances, athletic courts, beach access, and miles of beautiful wooded trails. This bright, private, move-in ready home is your chance to live in a peaceful, vibrant community with stunning natural beauty and amenities right outside your door!

Listing Agent

Kelly McNees-dp. org

The Agency - Port Townsend License #23029215 Listed on: 07/09/2025

The Agency - Port Townsend

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2404801

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,363

Year Built

  • Built in 1978

Lot Details

  • Ocean Front
  • Home fronts a sound
  • Property Fronts a Bay or Harbor
  • End Unit
  • Street terminates at a dead end
  • Northeast Facing Home

HOA Fees

  • $627 Monthly HOA Fees

Parking

  • Uncovered Parking

Property Views

  • Ocean
  • Views of a Sound
  • Bay
  • Strait Views
  • Mountain
  • Territorial

Home Design

  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1,605 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Insulated Windows

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Location

  • Unit is on the top floor
  • Property is near public transit
  • Property is near a bus stop

Schools

  • Chimacum Elementary School
  • Chimacum Mid Middle School
  • Chimacum High School

Utilities

  • Baseboard Heating
  • Water Heater
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, lawn service, road maintenance, snow removal, trash
  • 24 Units
  • Brendan Mcgreer Association
  • Admiralty 2 Condos
  • Admiralty Condos Subdivision
  • Park Phone (206) 855-1131 | Manager Brendan McGreer

Amenities

  • Community Garden
  • Sauna
  • Clubhouse

Recreation

  • Sport Court
  • Fitness Center
  • Community Indoor Pool
  • Community Spa
  • Trails

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,363

Year Built

Built in 1978

Lot Details

0

HOA Fees

$627 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 1978
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: Admiralty 2
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1605
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Insulated Windows,Primary Bath,Top Floor,Vaulted Ceilings,Walk-in Closet
  • NWM_ExcludedItemsYN: true
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing_results/NWMLS/2404801, https://www.workforce-resource.com/dpr/listing/NWMLS/2404801?w=Consumer&agent=147308
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: End Unit, Fireplace, Insulated Windows, Primary Bathroom, Top Floor, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 2
  • BathsFullMain: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • StorageLocation: Next door between units

Exterior Features

  • Roof: Composition
  • View: Bay, Mountain(s), Ocean, Sea, Sound, Strait, Territorial
  • Lot Features: Corner Lot, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront Features: High Bank, Bayfront, Ocean Front, Sea, Sound
  • Waterfront: Yes
  • Construction Type: Cement Plank
  • Direction Faces: Northeast
  • Exterior Features: Cement Planked
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit
  • BusRouteNumber: #7
  • WaterAccess: Community Waterfront/Pvt Beach

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Uncovered

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Jefferson County PUD
  • SewerCompany: Olympic Water Sewer
  • WaterCompany: Olympic Water Sewer
  • WaterHeaterLocation: Laundry room
  • WaterHeaterType: Electric
  • InternetConnected: Astound

Condo/Co-op/Association

  • Community Features: Athletic Court, Club House, Exercise Room, Garden Space, High Speed Int Avail, Hot Tub, Outside Entry, Indoor Pool, Pool, Sauna, See Remarks, Trail(s)
  • Park Manager Name: Brendan McGreer
  • Park Manager Phone: 206-855-1131
  • Senior Community: No
  • Association Fee: 627
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: See Remarks, Subject to Restrictions
  • AssociationContactName: Brendan McGreer
  • CoOp: false
  • CommonPropertyFeatures: Athletic Court,Clubhouse,Exercise Room,Garden Space,High Speed Int Avail,Hot Tub,Outside Entry,Pool-Indoor,Pool-Outdoor,Sauna,See Remarks,Trails

Fee Information

  • Association Fee Includes: Common Area Maintenance, Lawn Service, Road Maintenance, Snow Removal, Trash
  • NWM_OtherDuesOrFeesYN: true

Schools

  • Junior High Dist: Chimacum #49
  • High School: Chimacum High
  • Middle Or Junior School: Chimacum Mid

Lot Info

  • Parcel Number: 990300224
  • Lot Size Acres: 0.0016
  • Lot Size Sq Ft: 70
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Record

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric, Wood

Rental Info

  • RentalCap: No Rental Cap
  • ShortTermRentalYN: true

Tax Info

  • Year: 2025
  • Tax Annual Amount: 4363

Multi Family

  • Number Of Units In Community: 24
  • EnergySource: Electric,Wood

MLS Schools

  • Elementary School: Chimacum Elem

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,295 $543,903 $190,000 $353,903
2023 $4,295 $543,903 $190,000 $353,903
2022 $4,063 $523,840 $190,000 $333,840
2021 $3,825 $444,640 $175,000 $269,640
2020 $3,665 $393,380 $143,000 $250,380
2019 $3,228 $363,120 $132,000 $231,120
2018 $3,175 $321,511 $109,250 $212,261
2017 $2,898 $279,575 $95,000 $184,575
2016 $3,199 $259,575 $75,000 $184,575
2015 $2,771 $282,900 $80,500 $202,400
2014 -- $246,000 $70,000 $176,000
2013 -- $246,000 $70,000 $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2025 08/07/25 Price Changed $699,000 -2.2% $436 / Sq Ft
07/09/2025 07/09/25 For Sale $715,000 -- $445 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $415,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $332,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2404801

Northwest Multiple Listing Service (NWMLS)

APN: 990300224