Listed by Lennar Sales Corp.
$512,450
NEW CONSTRUCTION $53K PRICE DROP

1607 Lorraine Way Port Townsend, WA 98368

Estimated payment $3,185/month

3 Beds
2.5 Baths
1,656 Sq Ft
$309 Price per Sq Ft

Highlights

  • Under Construction
  • Loft
  • Storm Windows
  • Modern Architecture
  • 1 Car Attached Garage
  • Walk-In Closet

About This Home

Welcome to the Coral on homesite 64 at Madrona Ridge, a beautiful Lennar community. This home features an open-concept layout among the great room, dining area, and gourmet kitchen. The first-floor also features a back patio for outdoor living. Upstairs offers a loft and three bedrooms, including the owner’s suite with a spa-like bathroom and spacious walk-in closet. With Lennar’s signature Everything’s Included®, enjoy stainless steel appliances, quartz countertops, shaker-style cabinetry and more—all at no extra cost. Buyer’s broker must be registered during the customer’s first interaction with a Lennar Associate to be eligible for compensation.

Listing Agent

John Bahamon

Lennar Sales Corp. License #128998 Listed on: 09/12/2025

Lennar Sales Corp.

Co-Listing Agent

Jackie Daum

Lennar Sales Corp. License #21005336

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2432990

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $4,918

Year Built

  • Built in 2025 | Under Construction

Lot Details

  • 3,600 Sq Ft Lot
  • West Facing Home

HOA Fees

  • $69 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Modern Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1,656 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • Loft
  • Storm Windows

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Schools

  • Salish Coast Elementary School
  • Blue Heron Mid Middle School
  • Port Townsend High School

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • Heat Pump System
  • Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance
  • J & M Managment Association
  • Secondary HOA Phone (253) 848-1947
  • Lennar At Madrona Ridge Condos
  • Built by Lennar
  • Port Townsend Subdivision

Recreation

  • Trails

Property Details

Home Type

Co-Op

Est. Annual Taxes

$4,918

Year Built

Built in 2025 | Under Construction

Lot Details

0

HOA Fees

$69 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 12 - 2 Story
  • Year Built: 2025
  • Inclusions: Dishwasher(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • MLS Status: Active
  • Prev Status: Active
  • Architectural Style: Modern
  • Building Name: Lennar at Madrona Ridge
  • Unit Levels: Two
  • New Construction: Yes
  • CalculatedSquareFootage: 1656
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NewConstruction: Completed
  • SOCComments: See site registration policy
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing_results/NWMLS/2432990, https://www.workforce-resource.com/dpr/listing/NWMLS/2432990?w=Consumer&agent=113351
  • Special Features: 4098

Interior Features

  • Basement: None
  • Appliances: Dishwasher(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: See Remarks
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl Plank, Carpet
  • Interior Amenities: Bath Off Primary, Double Pane/Storm Window, Dining Room, Loft, Walk-In Closet(s), Water Heater
  • Living Area: 1656
  • Main Level Bathrooms: 1
  • BathsFullMain: 0
  • SquareFootageFinished: 1656
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s)

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Builder Name: Lennar
  • Construction Type: Cement Plank
  • Direction Faces: West
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Under Construction
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: 90%+ High Efficiency, Central A/C, Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: Jefferson County PUD
  • SewerCompany: City of Port Townsend
  • WaterCompany: City of Port Townsend
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Heat Pump Electric
  • InternetConnected: Astound Fiber

Condo/Co-op/Association

  • Community Features: Trail(s)
  • Senior Community: No
  • Association Fee: 69.17
  • Association Fee Frequency: Monthly
  • Association: Yes
  • AssociationContactName: J & M Managment

Fee Information

  • Association Fee Includes: Common Area Maintenance

Schools

  • Junior High Dist: Port Townsend #50
  • High School: Port Townsend High
  • Middle Or Junior School: Blue Heron Mid

Lot Info

  • Parcel Number: 0064
  • Land Lease: No
  • Lot Size Acres: 0.0826
  • Lot Size Sq Ft: 3600
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Plot Plan
  • ZoningJurisdiction: County
  • LotNumber: 64

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2025
  • Tax Annual Amount: 4918.45

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Salish Coast Elementary

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2025 11/21/25 Price Changed $524,950 -0.7% $317 / Sq Ft
11/11/2025 11/11/25 Price Changed $528,400 -1.8% $319 / Sq Ft
11/04/2025 11/04/25 Price Changed $537,950 -2.2% $325 / Sq Ft
10/17/2025 10/17/25 Price Changed $549,950 -1.8% $332 / Sq Ft
10/01/2025 10/01/25 Price Changed $559,950 -0.9% $338 / Sq Ft
09/13/2025 09/13/25 Price Changed $564,950 -2.6% $341 / Sq Ft
09/12/2025 09/12/25 For Sale $579,950 -- $350 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2432990

Northwest Multiple Listing Service (NWMLS)
Washington Jefferson County Port Townsend 98368

1607 Lorraine Way, Port Townsend, WA

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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John Bahamon
Listing Agent
John Bahamon
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Lennar Sales Corp.
(360) 564-1988