Listed by RE/MAX Northwest, Bought with Windermere Prof Partners
$317,000
SOLD JUL 15, 2025

450 Olympus Blvd Port Ludlow, WA 98365

-- Bed
1 Bath
387 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$819 Per Sq Ft

20% Below List Price

19 Days on Market

Highlights

  • Views of a Sound
  • No HOA
  • Bathroom on Main Level
  • Deck
  • Storm Windows
  • 1-Story Property

About This Home

As of July 2025

Perched above Admiralty Bay with sweeping views of Whidbey Island, the Cascade Mountains, and iconic Snake Rock, this rustic studio cabin offers a truly special setting. Just steps from the community beach access, the gently graded stairway leads to miles of shoreline to explore. Inside, you’ll find custom log cabinetry, wood ceilings, a cozy wood stove, updated windows, and an expansive deck to take in the views. The outdoor firepit invites evenings spent roasting marshmallows with the sound of the waves in the background. A public boat launch is just around the corner at Mats-Mats Bay—perfect for getting out on the water.

Last Agent to Sell the Property

Trisha Adams

RE/MAX Northwest License #12769 Listed on: 06/10/2025

RE/MAX Northwest

Co-Listed By

Kimi Robertson

Ideal Real Estate License #77905

Last Buyer's Agent

Kirsten DeWitt

Windermere Prof Partners License #106122

Windermere Prof Partners

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2389715

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,299

Year Built

  • Built in 1950

Lot Details

  • 6,534 Sq Ft Lot
  • East Facing Home
  • Level Lot

Parking

  • Off-Street Parking

Property Views

  • Views of a Sound
  • Bay
  • Mountain

Home Design

  • Flat Roof Shape
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 387 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Storm Windows

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • Bathroom on Main Level
  • 1 Bathroom

Schools

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

Additional Features

  • Deck
  • Septic Tank

Community Details

  • No Home Owners Association
  • Mats Mats Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,299

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 1950
  • Inclusions: Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Olympus Beach
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 387
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2389715?w=Consumer&agent=22475
  • Special Features: VirtualTour
  • Cumulative Days on Market: 36

Interior Features

  • Basement: None
  • Appliances: Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Three Quarter Bathrooms: 1
  • Entry Location: Main
  • Fireplace Features: See Remarks
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Double Pane/Storm Window
  • Living Area: 387
  • Main Level Bathrooms: 1
  • Bathrooms: 0.75
  • BathsFullMain: 0
  • SquareFootageFinished: 387
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • NWM_NumberOfBathtubs: 1

Exterior Features

  • Roof: Flat
  • View: Bay, Mountain(s), Sound
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Direction Faces: East
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Pillar/Post/Pier
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Other – See Remarks
  • Heating Yn: Yes
  • PowerCompany: Jefferson County PUD
  • SewerCompany: Septic
  • WaterCompany: Olympic Water & Sewer

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 978900017
  • Topography: Level,Partial Slope,Terraces
  • Land Lease: No
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534
  • Zoning: RR-5
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: public records
  • MLSSquareFootageSource: public records
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 1299

Multi Family

  • EnergySource: Electric,Wood

MLS Schools

  • Elementary School: Chimacum Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2025
Closed on
Jul 14, 2025
Sold by
Hardin Patricia I
Bought by
Larson Toni and Luong Jacob
Seller's Agent
Trisha Adams
RE/MAX Northwest
Buyer's Agent
Kirsten DeWitt
Windermere Prof Partners
List Price
$395,000
Sold Price
$317,000
Premium/Discount to List
-$78,000
-19.75%
Views
371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3413.60%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Personal Reps Deed $317,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Sold $317,000 -2.5% $819 / Sq Ft
06/29/2025 06/29/25 Pending -- -- --
06/26/2025 06/26/25 Price Changed $325,000 -7.1% $840 / Sq Ft
06/18/2025 06/18/25 Price Changed $350,000 -11.4% $904 / Sq Ft
06/10/2025 06/10/25 For Sale $395,000 -- $1,021 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

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
2023 $1,216 $145,835 $107,500 $38,335
2022 $1,131 $139,093 $102,500 $36,593
2021 $1,107 $117,095 $93,750 $23,345
2020 $1,043 $108,038 $86,250 $21,788
2019 $1,028 $98,204 $78,750 $19,454
2018 $1,071 $97,426 $78,750 $18,676
2017 $1,045 $90,563 $75,000 $15,563
2016 $912 $90,563 $75,000 $15,563
2015 $896 $79,836 $70,000 $9,836
2014 -- $79,836 $70,000 $9,836
2013 -- $79,835 $70,000 $9,835
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2389715

Northwest Multiple Listing Service (NWMLS)

APN: 978900017