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Off market
  • $2,819,400

    385 S Bay Ln, Port Ludlow, WA 98365

    2beds
    4,701sqft
    SingleFamily
    Built in 2004
    0.86 Acres Lot
    $2,819,400 Zestimate®
    $600/sqft
    $4,657 Estimated rent

    Home value

    $2,819,400

    $2.48M - $3.21M

    $4,657/mo

    Zestimate® history
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    $17,122/mo

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    What's special

    Custom-built along the shores of Ludlow Point, Deepwater Lodge enjoys sweeping views of Port Ludlow Resort and Marina, with Whidbey Island as the backdrop. With over 180' of waterfront on two separate parcels (including 393 S Bay Ln), this estate is truly a boat enthusiast's paradise. Deepwater Lodge was architected to capture the dreamy vistas from most rooms, and the 4701 sf home was built with the highest quality materials with details of fine construction everywhere, from the compass rose inlay in the expansive Brazilian Cherry hardwoods, to the granite slab displayed as artwork, and the handsome trim work that defines the quintessential Pacific Northwest lodge. Multiple seating areas are designed so that you can better watch the seals and otters play in the calm bay. The chef's kitchen is outfitted with a Subzero refrigerator, Thermador professional range, granite counters, a walk-in pantry, and a breakfast counter. Dining every day is a pleasure with the dining room and nook overlooking the water, and the large living room boasts a cozy wood-burning fireplace with stacked stone surround that can efficiently heat the entire home. An attractive large guest suite with ensuite full bath plus a temperature controlled 550 bottle wine cellar complete this main level. Stroll outside to the slate tiled covered patio with the outdoor kitchen with built-in barbecue. It's a great place to watch the idyllic boating scene of Ludlow Bay and enjoy the landscaped grounds, while the wood-burning fireplace and propane heaters help chase the evening chill away. The most remarkable feature of this home is of course the massive dock, enough to moor multiple vessels. There are only 9 residences in Port Ludlow with permitted docks, and this well maintained dock consists of a 60' pier, a 8'x40' dock with surrounding protective bumpers, and a 50' ramp to provide easy access. Both water and power (30 amp/120V and 50 amp/240V) are available at this shared dock (shared with the adjacent property which is included in this sale). In the evenings, retire upstairs to the private master suite with double walk-in closets, steam shower, dressing area and its own large sitting room to take in the twinkling lights across the water. Luxuriate in the large soaking tub with sweeping bay views, surrounded by a romantic propane fireplace and radiant heated floors. Step outside on the balcony to enjoy the hot tub. Snuggle up in the loungers to enjoy a movie in the well-equipped home theater with a fireplace for extra coziness, and a conveniently located bar area to serve up drinks and snacks. Step into the library with built-in desk and cabinetry, warmed up by another fireplace, and its private balcony to enjoy the beautiful vistas. There is even a surprise sleeping loft with an amazing view. The library can easily be converted into another bedroom with its ensuite 3/4 bath with custom tiled shower. Work out with one of the best bay views around in the large workout room (or bonus room) with french doors that open to the backyard. There is ample storage in this home, including a dedicated storage room, a network/media closet, and the massive finished attic. Even the crawl space is finished out with concrete. The home is equipped with a high-end eco-friendly geothermal heat pump system that also heats the hot water tanks. A propane powered automatic backup generator is available. Add to this a generous three car garage. With most furnishings included, this is a turn-key opportunity that cannot be missed. Having two waterfront parcels offer so many choices: Continue to keep the adjacent lot vacant for privacy, or elect to build a second home or a shop. The Meydenbauer Bay Yacht Club is your next door neighbor with its well-maintained park-like lot.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 4
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Heat pump
    Cooling
    • Central
    Features
    • Flooring: Tile, Hardwood
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 4,701 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Attached
    Features
    • Exterior features: Other
    • Has view: Yes
    • View description: Water, Mountain
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.86 Acres
    Details
    • Parcel number: 969300004

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • wood frame
    • Foundation: Concrete
    • Roof: Composition
    Condition
    • Year built: 2004

    Community & neighborhood

    Location
    • Region: Port Ludlow

    Price history

    DateEventPrice
    10/29/2020Sold$2,700,000+8%$574/sqft
    Source: NWMLS as distributed by MLS GRID #1676409 Report a problem
    10/21/2020Pending sale$2,500,000$532/sqft
    Source: Realogics Sotheby's International Realty #1676409 Report a problem
    10/14/2020Listed for sale$2,500,000+880.4%$532/sqft
    Source: Realogics Sotheby's International Realty #1676409 Report a problem
    12/23/2002Sold$255,000$54/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$18,179 +6.3%$2,289,193 +4.8%
    2023$17,102 +6.2%$2,185,084 +3.5%
    2022$16,103 -2.4%$2,110,785 +15.9%
    2021$16,503 +42.2%$1,820,894 +63.8%
    2019$11,601 +4.8%$1,111,943 +9%
    2018$11,070 +9.8%$1,020,413 +11.5%
    2017$10,085 -1.4%$915,295
    2016$10,230 +2.5%$915,295 +3.2%
    2015$9,977 +1.2%$886,950
    2014$9,861 $886,950 +5%
    2013$9,861 -9.4%$844,715
    2010$10,881 --

    Find assessor info on the county website

    Neighborhood: 98365

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Chimacum Elementary
    • Middle: Chimacum Middle
    • High: Chimacum High

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.