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Off market
  • $2,268,200

    787 Olele Point Rd, Port Ludlow, WA 98365

    2beds
    2baths
    2,140sqft
    SingleFamily
    Built in 1993
    2.09 Acres Lot
    $2,268,200 Zestimate®
    $1,060/sqft
    $2,582 Estimated rent

    Home value

    $2,268,200

    $1.86M - $2.74M

    $2,582/mo

    Zestimate® history
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    $13,274/mo

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    $13,274/mo

    Est. payment

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    What's special

    OVERVIEW Built in 1993, this gated waterfront Tudor revival is beautifully sited on a point overlooking Puget Sound with six hundred feet of private shoreline and 270 degree unobstructed views of Whidbey Island, the Admiralty Inlet shipping lanes, Mount Baker and the snowcapped Cascades beyond. The home's dramatic exterior of Rocky Mountain Quartzite and its patinaed copper roof make a grand introduction to the exquisite interior with finishes that include Pennsylvania Blue Stone and rich Honduran mahogany. The gourmet kitchen has custom cabinets with marble counters, a honed granite farmhouse sink, French Morice range with dual fuel oven and five burner gas cooktop with plaque, stainless steel Bosch dishwasher and Sub Zero refrigerator. The dining room provides seating for ten with French doors that open directly to a patio perfect for entertaining large groups. The butler's pantry is graced with an antique stone wall, a floor to ceiling French provincial china cabinet and bronze Sun Valley sink with dragon faucet cast by local sculptor David Eisenhower. Beyond is a bathroom with an impressive stone shower and leaded windows set in hand carved stone. A beautiful mahogany staircase leads from the living room to the bedrooms on the second floor. The master retreat offers impressive water views, a vaulted ceiling, balcony, walk in closet and luxurious master bath with jetted soaking tub and separate shower. Two more bedrooms on the second floor share a full bath. The stairs continue up to an open air tower with an adjacent enclosed room. The tower provides an ideal setting to enjoy coffee or cocktails with stunning views. LAND This property consists of two separate parcels totaling 5.8 acres. The 2.1 acre waterfront portion has a fully irrigated yard and gardens, six hundred feet of low to medium bank waterfront with tidal rights, a small boathouse, an orchard and a sport court. The 3.7 acre inland parcel is across the road from the home site. This mostly wooded land contains the septic drain field for the house and provides an excellent building site for a private guest house with commanding water views. Neighborhood Description With the completion of the Hood Canal Bridge in 1960, the area became more accessible to affluent residents from Seattle, which is just 90 minutes away by car and ferry. Upscale development soon followed. Area amenities now include The Resort at Port Ludlow, Washington's premier waterfront resort community. This quintessentially Northwest destination offers luxury accommodations, first class dining, championship golf and a full-service marina. Port Ludlow's convenient location and its marina facilities make it a popular port of call for leisure craft sailing through the Puget Sound to the San Juan Islands. Port Ludlow is served by Jefferson County Airport, which has a 3,000 foot landing strip that can accommodate twin engine planes and small private jets (a private hangar is available for sale separately). Port Ludlow is a short drive from nearby national historic site, Port Townsend - a quaint Victorian seaport that provides ferry service to Whidbey Island, annual arts crafts and wood boat building festivals and an eclectic mix of restaurants and galleries.

    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: 2.5
    Heating
    • Other, Other
    Features
    • Flooring: Tile, Carpet
    • Has fireplace: Yes
    • Fireplace features: wood stove
    Interior area
    • Total interior livable area: 2,140 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stone
    Lot
    • Size: 2.09 Acres
    Details
    • Parcel number: 977400008

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • wood frame
    • Foundation: Concrete
    • Roof: Metal
    Condition
    • Year built: 1993

    Community & neighborhood

    Location
    • Region: Port Ludlow

    Price history

    DateEventPrice
    8/13/2021Sold$2,225,000+1.2%$1,040/sqft
    Source: NWMLS #1780225 Report a problem
    6/17/2021Pending sale$2,198,000$1,027/sqft
    Source: NWMLS #1780225 Report a problem
    6/7/2021Listed for sale$2,198,000$1,027/sqft
    Source: NWMLS #1780225 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$16,459 +9.4%$2,065,643 +7.8%
    2023$15,051 +5.1%$1,916,743 +2.4%
    2022$14,324 +14.3%$1,871,514 +35.9%

    Find assessor info on the county website

    Neighborhood: 98365

    Nearby schools

    GreatSchools rating