Listed by Coldwell Banker Best Homes
$1,489,000
OPEN SAT 12PM - 2PM

873 Olele Point Rd Port Ludlow, WA 98365

Estimated payment $9,086/month

Total Views 192
3 Beds
5 Baths
3,564 Sq Ft
$418 Price per Sq Ft

Highlights

  • Views of a Sound
  • Waterfront
  • Deck
  • RV Access or Parking
  • Fireplace in Primary Bedroom
  • Wood Flooring

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, and 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 and wet bar. Located on a quiet street of similar luxury homes.

Last Listed By

Karen Best

Coldwell Banker Best Homes License #9186 Listed on: 06/04/2025

Coldwell Banker Best Homes

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2387662

Northwest Multiple Listing Service (NWMLS)

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,741

Year Built

  • Built in 1994

Lot Details

  • 0.61 Acre Lot
  • Waterfront
  • Street terminates at a dead end
  • East Facing Home
  • Level Lot
  • Garden

Parking

  • 3 Car Attached Garage
  • RV Access or Parking

Property Views

  • Views of a Sound
  • Bay
  • Mountain

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,564 Sq Ft Home
  • 1-Story Property
  • Skylights
  • 3 Fireplaces
  • Wood Burning Fireplace
  • French Doors
  • Dining Room
  • Storm Windows
  • Finished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Shared Well
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Oak Bay Subdivision

Listing and Financial Details

  • Legal Lot and Block 22 & 23 / 1028
  • Assessor Parcel Number 977400016

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,741

Year Built

Built in 1994

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1994
  • Inclusions: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: Olele Point
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 3564
  • SeniorExemption: false
  • Special Features: 4097
  • Cumulative Days on Market: 3

Interior Features

  • Fireplaces: 3
  • Basement: Finished
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bath Off Primary, Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, Fireplace (Primary Bedroom), French Doors, Skylight(s)
  • Living Area: 3564
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 1
  • Bathrooms: 3.5
  • BathsFullMain: 0
  • FireplacesMain: 2
  • SquareFootageFinished: 3564
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 2
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • FireplacesLower: 1
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition
  • View: Bay, Mountain(s), Sound
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront Features: Low Bank, Medium Bank, Saltwater
  • Waterfront: Yes
  • Construction Type: Wood
  • Direction Faces: East
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: false
  • WaterAccess: Deeded Access,Tideland Rights

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, RV Parking
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Shared Well
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: JPUD
  • SewerCompany: Septic
  • WaterCompany: Well
  • CableConnected: Astound
  • InternetConnected: Astound

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Chimacum #49

Lot Info

  • Parcel Number: 977400016
  • Topography: Level,Partial Slope,Terraces
  • Land Lease: No
  • Lot Size Acres: 0.61
  • Lot Size Sq Ft: 26572
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,High Speed Internet,Outbuildings,Patio,RV Parking
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assesor
  • ZoningJurisdiction: County
  • LotNumber: 22 & 23

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 8740.88

Multi Family

  • EnergySource: Electric,Wood

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
2023 $8,059 $1,018,858 $351,375 $667,483
2022 $7,296 $983,518 $346,375 $637,143
2021 $7,159 $796,156 $296,750 $499,406
2020 $6,778 $735,423 $273,010 $462,413
2019 $6,546 $674,690 $249,270 $425,420
2018 $6,844 $656,193 $249,270 $406,923
2017 $6,675 $607,330 $237,400 $369,930
2016 $5,757 $607,330 $237,400 $369,930
2015 $5,680 $515,843 $232,400 $283,443
2014 -- $515,843 $232,400 $283,443
2013 -- $515,845 $232,400 $283,445
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 For Sale $1,489,000 -- $418 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Jefferson Title Company
Interfamily Deed Transfer -- None Available
Personal Reps Deed $280 None Available
Interfamily Deed Transfer -- Jefferson Title Co Inc
Interfamily Deed Transfer -- Jefferson Title Co Inc
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $391,200 New Conventional
Previous Owner $357,000 Credit Line Revolving
Previous Owner $500,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2387662

Northwest Multiple Listing Service (NWMLS)

APN: 977400016