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.
Sold
Listed by: RE/MAX Northwest • Trisha L. Adams
Bought with: Windermere Prof Partners
$317,000
450 Olympus Boulevard, Port Ludlow, WA 98365
--beds
387sqft
Single Family Residence
Built in 1950
6,534 Square Feet Lot
$304,300 Zestimate®
$819/sqft
$1,330 Estimated rent
Home value
$304,300
$259,000 - $356,000
$1,330/mo
Zestimate® history
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List your homeWhat's special
Cozy wood stoveCascade mountainsWood ceilingsIconic snake rockExpansive deckUpdated windowsCustom log cabinetry
Zillow last checked:
Listing updated:
Listed by:
Trisha L. Adams,
RE/MAX Northwest,
Kimi L. Robertson,
Ideal Real Estate
Bought with:
Kirsten DeWitt, 106122
Windermere Prof Partners
Source: NWMLS as distributed by MLS GRID,MLS#: 2389715
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
Bathroom three quarter
- Level: Main
Entry hall
- Level: Main
Great room
- Level: Main
Kitchen with eating space
- Level: Main
Other
- Level: Main
Heating
- Other – See Remarks, Stove/Free Standing, Electric, Wood
Cooling
- None
Appliances
- Included: Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Features
- Flooring: Carpet
- Windows: Double Pane/Storm Window
- Basement: None
- Has fireplace: No
- Fireplace features: See Remarks
Interior area
- Total structure area: 387
- Total interior livable area: 387 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Double Pane/Storm Window
- Has view: Yes
- View description: Bay, Sound
- Has water view: Yes
- Water view: Bay,Sound
Lot
- Size: 6,534 Square Feet
- Features: Paved, Deck
- Topography: Level,Partial Slope,Terraces
Details
- Parcel number: 978900017
- Zoning: RR-5
- Zoning description: Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Products
- Roof: Flat
Condition
- Year built: 1950
Utilities & green energy
- Electric: Company: Jefferson County PUD
- Sewer: Septic Tank, Company: Septic
- Water: Public, Company: Olympic Water & Sewer
Community & HOA
Community
- Subdivision: Mats Mats
Location
- Region: Port Ludlow
Financial & listing details
- Price per square foot: $819/sqft
- Tax assessed value: $163,828
- Annual tax amount: $1,299
- Date on market: 7/26/2025
- Cumulative days on market: 361 days
- Inclusions: Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2025 | Sold | $317,000-2.5%$819/sqft |
Source:  NWMLS as distributed by MLS GRID #2389715 Report a problem | ||
| 6/30/2025 | Pending sale | $325,000$840/sqft |
Source: NWMLS as distributed by MLS GRID #2389715 Report a problem | ||
| 6/26/2025 | Price change | $325,000-7.1%$840/sqft |
Source: NWMLS as distributed by MLS GRID #2389715 Report a problem | ||
| 6/18/2025 | Price change | $350,000-11.4%$904/sqft |
Source: NWMLS as distributed by MLS GRID #2389715 Report a problem | ||
| 6/10/2025 | Listed for sale | $395,000$1,021/sqft |
Source: NWMLS as distributed by MLS GRID #2389715 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,377 +13.3% | $163,828 +12.3% |
| 2023 | $1,216 +7.3% | $145,835 +4.8% |
| 2022 | $1,133 +0.3% | $139,093 +18.8% |
| 2021 | $1,131 +2.1% | $117,095 +19.2% |
| 2019 | $1,107 +6.1% | $98,204 +0.8% |
| 2018 | $1,043 +1.4% | $97,426 +7.6% |
| 2017 | $1,028 -4% | $90,563 |
| 2016 | $1,071 +2.5% | $90,563 +13.4% |
| 2015 | $1,045 +14.6% | $79,836 |
| 2014 | $912 | $79,836 +0% |
| 2013 | $912 +9.5% | $79,835 |
| 2010 | $833 | -- |
Find assessor info on the county website
Neighborhood: 98365
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Nearby schools
GreatSchools rating
- 5/10Chimacum Elementary SchoolGrades: 2-6Distance: 6.2 mi
- 5/10Chimacum High SchoolGrades: 7-12Distance: 6.2 mi
- NAChimacum Creek Primary SchoolGrades: PK-1Distance: 7.2 mi
Schools provided by the listing agent
- Elementary: Chimacum Elem
- Middle: Chimacum Mid
- High: Chimacum High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Washington
- Jefferson County
- Port Ludlow
- 98365
- 450 Olympus Boulevard
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