281 S Keel Way, Port Ludlow, WA 98365
What's special
Imagine stepping from your deck to your own no-bank waterfront, where calm waters invite a morning kayak and the sights and sounds of Ludlow Bay set the pace for the day. Nestled in a protected cove with a quiet setting, this beautifully maintained waterfront Craftsman offers a peaceful retreat with direct shoreline access for kayaking, paddleboarding, or simply enjoying the beauty and wildlife of the bay. Designed for comfortable main-level living, the 2,041-square-foot home features a spacious primary suite with bay views, patio access, walk-in closet, soaking tub, separate shower, dual sinks, and private water closet. Vaulted ceilings, curved walls, built-in display niches, and abundant natural light create a warm and inviting atmosphere. The kitchen, family room, and weather-resistant deck with newer glass railings all showcase the water views. Upstairs offers two guest bedrooms, a full bath, and a flexible den or studio. Move-in ready and exceptionally maintained, this home includes a whole-house generator and oversized two-car garage with generous storage. Located just minutes from the Port Ludlow Marina, Golf Course, The Inn, Village services, and South Bay Club with its pool, fitness center, pickleball courts, and activities. Enjoy nearby beachcombing, miles of trails, and state parks just four miles away. Port Townsend is 30 minutes away, Poulsbo 25 minutes, and Seattle about 90 minutes. Experience the peaceful waterfront lifestyle that makes Port Ludlow so special.
- 28 days |
- 4,292 |
- 243 |
Likely to sell faster than
Travel times
Living Room
Kitchen
Dining Room
Laundry Room
Bonus Room
Breakfast Nook
Primary Bathroom
Bedroom
Primary Bedroom
Foyer
Outdoor 3
Bedroom2
Bathroom
Zillow last checked:
Listing updated:
Pamela Begley,
Coldwell Banker Best Homes
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Level: Main
Bedroom
- Level: Second
Bedroom
- Level: Second
Bathroom full
- Level: Second
Bathroom full
- Level: Main
Other
- Level: Main
Den office
- Level: Second
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, 90%+ High Efficiency, Forced Air, Heat Pump, Electric, Wood
Cooling
- 90%+ High Efficiency, Forced Air, Heat Pump
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s), Water Heater: Electric, Water Heater Location: Garage
Features
- Bath Off Primary, Ceiling Fan(s), Dining Room
- Flooring: Ceramic Tile, Hardwood, Vinyl Plank, Carpet
- Doors: French Doors
- Windows: Dbl Pane/Storm Window, Skylight(s)
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 2,041
- Total interior livable area: 2,041 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Driveway, Attached Garage
- Has attached garage: Yes
- Covered spaces: 2
- Uncovered spaces: 4
Features
- Levels: One and One Half
- Stories: 1
- Entry location: Main
- Patio & porch: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Skylight(s), Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wired for Generator
- Pool features: Community
- Has view: Yes
- View description: Bay, See Remarks, Sound, Territorial
- Has water view: Yes
- Water view: Bay,Sound
- Waterfront features: Low Bank, Bayfront, No Bank, Saltwater, Sound
Lot
- Size: 0.3 Acres
- Features: Cul-De-Sac, Paved, Cable TV, Deck, High Speed Internet, Patio, Propane, Sprinkler System
- Topography: Level,Partial Slope,Sloped
- Residential vegetation: Garden Space
Details
- Parcel number: 969500004
- Zoning description: Jurisdiction: County
- Special conditions: Standard
- Other equipment: Wired for Generator
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman,1 1/2 Story
- Property subtype: Single Family Residence
Materials
- Cement Planked, Wood Siding, Cement Plank
- Foundation: Poured Concrete
- Roof: Tile
Condition
- Very Good
- Year built: 1993
- Major remodel year: 1993
Utilities & green energy
- Electric: Company: Jefferson County PUD #1
- Sewer: Sewer Connected, Company: Olympic Water & Sewer, Company: Inc.
- Water: Community, Public, See Remarks, Company: Olympic Water & Sewer, Company: Inc.
- Utilities for property: Direct Tv, Astound Broadband
Community & HOA
Community
- Features: Athletic Court, Boat Launch, CCRs, Clubhouse, Golf, Park, Playground, Trail(s)
- Subdivision: Ludlow Point Village
HOA
- Services included: Common Area Maintenance, Maintenance Grounds, See Remarks
- HOA fee: $560 quarterly
- HOA phone: 360-344-2726
Location
- Region: Port Ludlow
Financial & listing details
- Price per square foot: $440/sqft
- Tax assessed value: $582,986
- Annual tax amount: $4,506
- Date on market: 7/27/2026
- Cumulative days on market: 29 days
- Listing terms: Conventional,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Listed for sale | $899,000+87.7%$440/sqft |
Source:  NWMLS as distributed by MLS GRID #2557069 Report a problem | ||
| 9/24/2018 | Sold | $479,000+4.4%$235/sqft |
Source: NWMLS as distributed by MLS GRID #1318414 Report a problem | ||
| 9/6/2018 | Pending sale | $459,000$225/sqft |
Source: Windermere Real Estate Port Townsend #1318414 Report a problem | ||
| 8/5/2018 | Listed for sale | $459,000$225/sqft |
Source: Windermere Real Estate Port Townsend #1318414 Report a problem | ||
| 8/5/2018 | Pending sale | $459,000$225/sqft |
Source: Windermere Real Estate Port Townsend #1318414 Report a problem | ||
| 7/16/2018 | Listed for sale | $459,000$225/sqft |
Source: Windermere Real Estate Port Townsend #1318414 Report a problem | ||
| 7/8/2018 | Pending sale | $459,000$225/sqft |
Source: Windermere Real Estate Port Townsend #1318414 Report a problem | ||
| 6/29/2018 | Listed for sale | $459,000+20.2%$225/sqft |
Source: Windermere Real Estate Port Townsend #1318414 Report a problem | ||
| 9/1/2004 | Sold | $382,000$187/sqft |
Source: NWMLS as distributed by MLS GRID #24090296 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,631 +4.1% | $582,986 +2.6% |
| 2023 | $4,446 +3.5% | $567,986 +0.9% |
| 2022 | $4,296 +4% | $562,986 +23.6% |
| 2021 | $4,129 +0.3% | $455,418 +15.7% |
| 2019 | $4,116 +4.8% | $393,751 +9.2% |
| 2018 | $3,926 +10% | $360,542 +8.6% |
| 2017 | $3,569 -3.9% | $332,084 |
| 2016 | $3,714 +2.5% | $332,084 +18% |
| 2015 | $3,623 +15.7% | $281,320 |
| 2014 | $3,131 | $281,320 +10% |
| 2013 | $3,131 -6.2% | $255,745 |
| 2010 | $3,336 | -- |
Find assessor info on the county website
Monthly payment
Estimated market value
$870,000
$827,000 - $914,000
$3,008/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.