Sold

Listed by: John L. Scott, Inc. • Sheri Griffith

Bought with: RE/MAX Northwest

$1,090,000

502 Olympic Ridge Drive, Port Ludlow, WA 98365

3beds

3,706sqft

Single Family Residence

Built in 1995

2.65 Acres Lot

$1,104,900 Zestimate^®

$294/sqft

$4,247 Estimated rent

Home value

$1,104,900

$1.03M - $1.19M

$4,247/mo

Zestimate^® history

Owner options

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$4,247/mo

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$4,247/mo

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$6,803/mo

Est. payment

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$6,803/mo

Est. payment

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What's special

Western red cedarWarm tonesTall ceilingsYellow cedarDouglas fir

Experience the essence of nature in this stunning 3-bedroom home in desired Olympic Ridge Estates, a private established neighborhood close to the Hood Canal Bridge. Connecting seamlessly with the surrounding forest, the minimalist design of the home and garage honors the simplicity of the natural landscape. Custom materials are showcased as art and integral parts of the buildings themselves. Hand selected re-claimed Western Red Cedar, Douglas Fir and Yellow Cedar are carefully crafted to create a haven of tranquility. Panoramic windows frame breathtaking views, while tall ceilings and warm tones produce a welcoming ambiance. Indulge in the luxury of quiet privacy on this exceptional property.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
3/4 bathrooms: 1
Main level bedrooms: 2

Primary bedroom

Level: Main

Bedroom

Level: Main

Bedroom

Level: Lower

Bathroom three quarter

Level: Main

Bathroom full

Level: Main

Bathroom full

Level: Lower

Other

Level: Lower

Entry hall

Level: Main

Great room

Level: Main

Kitchen with eating space

Level: Main

Rec room

Level: Lower

Utility room

Level: Lower

Heating

Fireplace, Radiant, Wall Unit(s), Electric, Propane, Wood

Cooling

None

Appliances

Included: Dishwasher_, Dryer, Microwave_, Refrigerator_, StoveRange_, Washer, Dishwasher, Microwave, Refrigerator, StoveRange, Water Heater: Propane, Water Heater Location: Basement

Features

Bath Off Primary
Flooring: Hardwood, Slate, Carpet
Doors: French Doors
Windows: Double Pane/Storm Window
Basement: Daylight,Partially Finished
Number of fireplaces: 1
Fireplace features: Wood Burning, Main Level: 1, Fireplace

Interior area

Total structure area: 3,706
Total interior livable area: 3,706 sqft

Property

Parking

Total spaces: 2
Parking features: Driveway, Detached Garage
Garage spaces: 2

Features

Levels: One
Stories: 1
Entry location: Main
Patio & porch: Hardwood, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, French Doors, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Fireplace, Water Heater
Has view: Yes
View description: Territorial

Lot

Size: 2.65 Acres
Features: Dead End Street, Paved, Secluded, Deck, Gated Entry, High Speed Internet, Outbuildings, Propane, Shop
Topography: Level,PartialSlope,Terraces
Residential vegetation: Brush, Fruit Trees, Garden Space, Wooded

Details

Parcel number: 821355050
Zoning description: RR-5,Jurisdiction: County
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Northwest Contemporary,1 Story w/Bsmnt.
Property subtype: Single Family Residence

Materials

Wood Siding
Foundation: Poured Concrete
Roof: Composition

Condition

Very Good
Year built: 1995
Major remodel year: 1995

Utilities & green energy

Electric: Company: Jefferson PUD
Sewer: Septic Tank
Water: Public, Company: PUD
Utilities for property: Buyer To Verify, Buyer To Verify

Community & HOA

Community

Features: CCRs, Trail(s)
Subdivision: Bywater Bay

HOA

HOA fee: $290 annually
HOA phone: 360-316-9418

Location

Region: Port Ludlow

Financial & listing details

Price per square foot: $294/sqft
Tax assessed value: $823,713
Annual tax amount: $5,201
Offers reviewed: 08/10/2023
Date on market: 8/14/2023
Cumulative days on market: 1072 days
Listing terms: Conventional
Inclusions: Dishwasher, Dryer, Microwave, Refrigerator, StoveRange, Washer

Price history

Date	Event	Price
8/22/2023	Sold	$1,090,000$294/sqft
Source: NWMLS as distributed by MLS GRID #2130824 Report a problem
8/9/2023	Pending sale	$1,090,000$294/sqft
Source: NWMLS as distributed by MLS GRID #2130824 Report a problem
8/2/2023	Listed for sale	$1,090,000$294/sqft
Source: NWMLS as distributed by MLS GRID #2130824 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$6,632 +6.8%	$823,713 +5.3%
2023	$6,211 +19.4%	$782,270 +16.7%
2022	$5,200 +6.9%	$670,137 +27.1%
2021	$4,865 -5.7%	$527,339 +8.8%
2019	$5,159 +5.1%	$484,702 +4.6%
2018	$4,907 +5.3%	$463,383 -2%
2017	$4,661 -13.1%	$472,833 +8.6%
2016	$5,360 +11.2%	$435,371 +0.5%
2015	$4,820 -0.8%	$433,402
2014	$4,859	$433,402 +0%
2013	$4,859 +12.2%	$433,400
2010	$4,329	--