514 Bywater Way · Port Ludlow, WA 98365
Source: NWMLS · Windermere R.E Port Ludlow · Sarah Lynn Perkins #NWM2535867
About this home
Escape to your own private retreat on a gated 6 acres just minutes from the Hood Canal Bridge. Thoughtfully updated & full of versatility, this exceptional property offers the perfect blend of comfort, privacy, & opportunity. At the heart of the home is a beautifully designed new kitchen addition, featuring quality finishes, abundant gathering space, & seamless flow into the dining area. New flooring enhances the fresh, modern feel throughout these living spaces. The luxurious primary suite is a true sanctuary, complete with a spacious bedroom, private sitting room or office, secluded deck, generous walk-in closet, & a spa-inspired en-suite bath with a walk-in steam shower. Lower level provides incredible flexibility, making it ideal for multigenerational living, guest quarters, a home-based business, or income-producing possibilities. This level features a large living area, bedroom, full bath, & kitchen, offering comfort & independence. Outside, the park-like grounds showcase mature landscaping, berries & established fruit trees, creating a peaceful setting that feels worlds away while remaining close to shopping, dining, recreation, & an easy commute via the Hood Canal Bridge. Rarely does a property offer this combination of privacy, space, modern updates, & endless potential. Whether you're seeking a tranquil homestead, a place to work from home, or room for extended living, this one-of-a-kind property delivers a lifestyle as flexible as it is inviting
Location
Basics
- Property type
- Single Family Residence
- Style
- Multi Level
- Stories
- Multi/split level
- Condition
- Good
- Year built
- 1993
- Lot size
- 263,102 sq ft (6.04 acres)
- County
- Jefferson
- MLS #
- NWM2535867
Interior
- Heating
- Forced Air, Stove/Free Standing
- Cooling
- None
- Flooring
- Bamboo/Cork, Ceramic Tile, Carpet
- Appliances
- Dishwasher, Dryer, Microwave, Refrigerator, See Remarks, Stove(s)/Range(s), Washer
- Fireplace
- 1 · Gas
- Interior features
- Second Kitchen, Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
- Entry level
- Lower,Main
Exterior & lot
- Exterior features
- Wood
- Roof
- Composition
- Foundation
- Slab
- Lot features
- Corner Lot, Paved
- Topography
- Level,Partial Slope
- View
- Territorial
- Waterfront
- No
Parking
- Parking features
- Driveway, RV Parking
Utilities
- Water
- Public
- Sewer
- Septic Tank
- Power
- Propane
Community & fees
- Subdivision
- Port Ludlow
- Community features
- CCRs, Gated
- HOA dues
- $900/yr
- Property tax
- $5,635 (2026)
Transaction
- Original list price
- $895,000 (7.8% price cut)
- Listed on
- Jun 11, 2026
- Days on market
- 101
- Price per sq ft
- $239
- Listing terms
- Cash, Conventional
- Possession
- Closing
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2014-05-01
- Sold$345,000
Schools
School district: Chimacum #49
- Elementary
- Buyer To Verify
- Middle
- Buyer To Verify

Listing provided courtesy of: Windermere R.E Port Ludlow
Listing agent: Sarah Lynn Perkins.
Based on information submitted to the MLS GRID as of —. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-08-05.