Listed by Ideal Real Estate, Bought with Windermere R.E. Port Townsend
NOT LISTED FOR SALE

461 S Bay Way Port Ludlow, WA 98365

Estimated Value: $867,000 - $946,000

1 Bed
1 Bath
340 Sq Ft
$2,675/Sq Ft Est. Value

Last Sold August 14, 2024

Last sale price $900,000 $2,647 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,732/month

13 Days on Market

Highlights

  • 234 Feet of Waterfront
  • RV Access or Parking
  • Secluded Lot
  • Views of a Sound
  • Deck
  • Wooded Lot

About This Home

As of August 2024

Experience tranquility and luxury with this 5-acre waterfront property on Oak Bay. Located on a quiet, private lane, it features 234 feet of shoreline and new galvanized steel stairs for beach access and a Micro Home connected to all utilities. Enjoy a custom cedar deck and stunning views of Mt. Baker, the Cascade Mountains, Marrowstone Island, Whidbey Island, Oak Bay, and Puget Sound’s shipping lanes. The forested acreage includes mature cedar, Douglas fir, and maple trees, plus a large cleared building site. Includes four-bedroom septic system, underground 200-amp electrical service, waterline, communications conduit, and Starlink internet, all newly installed and designed for a 4,000 sq ft main house and detached garage.

Last Agent to Sell the Property

Kevin Miller

Ideal Real Estate License #5765 Listed on: 07/11/2024

Last Buyer's Agent

Michelle Sandoval

Windermere R.E. Port Townsend License #43646

Windermere R.E. Port Townsend

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2263421

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,469

Year Built

  • Built in 2023

Lot Details

  • 5.04 Acre Lot
  • Lot Dimensions are 234x1164x184x1055
  • 234 Feet of Waterfront
  • Cul-De-Sac
  • Northwest Facing Home
  • Secluded Lot
  • Level Lot
  • Wooded Lot
  • Property is in very good condition
  • Zoning described as RR-5

Property Views

  • Views of a Sound
  • Bay
  • Mountain
  • Territorial

Home Design

  • Block Foundation
  • Wood Siding

Interior Spaces

  • 340 Sq Ft Home
  • 1.5-Story Property
  • Loft
  • Laminate Flooring
  • Storm Windows
  • Stove

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Ductless Heating Or Cooling System
  • Well
  • Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Built by Carriage Houses Northwest
  • Oak Bay Subdivision
  • Electric Vehicle Charging Station

Listing and Financial Details

  • Assessor Parcel Number 921294008

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,469

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 2023
  • Buyer Agency Compensation: 3
  • Inclusions: Dryers,Refrigerators,StovesRanges,Washers
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: OneAndOneHalf
  • New Construction: No
  • CalculatedSquareFootage: 340
  • SeniorExemption: false
  • Special Features: NewHome

Interior Features

  • Basement: None
  • Appliances: Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate, Double Pane/Storm Window, Loft, Water Heater
  • Living Area: 340
  • Main Level Bathrooms: 1
  • Bathrooms: 0.75
  • BathsFullMain: 0
  • SquareFootageFinished: 340
  • 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: 1
  • AppliancesIncluded: Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • NWM_NumberOfBathtubs: 0
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: See Remarks
  • View: Bay, Mountain(s), Sound, Territorial
  • Lot Features: Cul-De-Sac, Secluded
  • View: Yes
  • Waterfront Features: Bank-Medium
  • Waterfront: Yes
  • Builder Name: Carriage Houses Northwest
  • Direction Faces: Northwest
  • Exterior Features: Wood
  • Foundation Details: Block
  • Property Condition: Very Good
  • Structure Type: House
  • ConstructionMethods: Standard Frame
  • WaterfrontFootage: 234
  • WaterAccess: Deeded Access,Tideland Rights

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: RV Parking, Driveway, None, Off Street

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split
  • Heating Yn: Yes
  • PowerCompany: PUD#1
  • SewerCompany: Septic System
  • WaterCompany: Drilled Well
  • WaterHeaterType: Electric
  • InternetConnected: Starlink

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Chimacum #49
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 921294008
  • Topography: Level,PartialSlope,Rolling
  • Land Lease: No
  • Lot Size Acres: 5.04
  • Lot Size: 234x1164x184x1055
  • Lot Size Sq Ft: 219542
  • Zoning Description: RR-5
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Electric Car Charging,High Speed Internet,Outbuildings,RV Parking
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4469

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Aug 9, 2024
Sold by
Hietter Janet and Massmann Joel
Bought by
Stemen Patrick and Cheah Christine
Seller's Agent
Kevin Miller
Ideal Real Estate
Buyer's Agent
Michelle Sandoval
Windermere R.E. Port Townsend
List Price
$980,000
Sold Price
$900,000
Premium/Discount to List
-$80,000
-8.16%
Views
11
Current Estimated Value
$909,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,667
Avg. Annual Appreciation
1.59%
Original Mortgage
$605,500
Outstanding Balance
$592,257
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$323,743

Purchase Details

Closed on
Jul 30, 2020
Sold by
Higgins Ayla
Bought by
Hietter Janet and Massmann Joel
Source: Public Records

Range of Values:

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Sold Price
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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 Change Sq Ft Price
08/14/2024 08/14/24 Sold $900,000 -8.2% $2,647 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $980,000 -- $2,882 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2263421

Northwest Multiple Listing Service (NWMLS)