For Sale240d on market
262 Margaret Street
Port Ludlow, WA, 98365 • 98365 • Jefferson County
$675,000
$291/sqft
-$14,000 since Nov 19, 2025
Down payment assistance available
3Beds
3Baths
2,322Sqft
0.53 acLot
2004Built
Property DNA
Waterfront Property
Direct water access
Scenic Views
Bay · Canal
Multi Level Style
Built 2004 · 22 years of history
Shine
98365
Outdoor Living
Second Kitchen · Dbl Pane/Storm Window · Dining Room · Fireplace · Jetted Tub · Skylight(s) · Walk-In Closet(s) · Water Heater
2 Fireplaces
Gas · Main Level: 1 · Upper Level: 1 · Fireplace
Garage
Detached Garage · Off Street · RV Parking
Ceramic Tile Floors
Quality flooring throughout
This home is getting attention
Listed 240 days ago · 1,661 views · 80 saves
Market activity
Demand and pricing signals for this listing
1,661 views
People checking out this listing
80 saves
Buyers have saved this home
240 days on market
Established listing
$291/sqft
Price per square foot
About this home
Single Family · Built 2004
Beautiful custom multi level home with water views of the bay & Hood Canal on quiet dead end street off Shine Rd. Access to community park/beach & boat launch close by.Excellent spot to launch a kayak. Perfect for multi gen living. Bdrm & full bath on each floor. Two kits (one w/o stove), propane FP on main & upper floor. Main floor guest quarters make entertaining a snap.Very well maintained inside & out & gently lived in. Updates: Lux plank vinyl foors on main, new kit area on main, gorgeous glass & metal entry door, ext upper front of home, some new light fixtures & living room blinds. Large deck off the middle floor for easy access/w closed in storage underneath for yard supplies, Amazing landscape on oversized lot with several spots to sit a while and enjoy the sounds of nature. Detached double gar/shop. Two tax parcels. The wetlands behind the property protect the privacy.Great location just 15 mins from stores/eats & services. Five min to the Hood Canal Bridge.Come explore this property and all that Jefferson County has to offer.
Estimated monthly payment
Based on current rates
$4,225/month
Principal & Interest$3,301
Property Tax$675
Insurance$225
HOA$24
Down payment20% ($135,000)
3%50%
Est. 6.18% rate · 30yr fixed · $540,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built2004
HeatingFireplace, Fireplace Insert, Wall Furnace, Electric, Propane
CoolingNone
Parking2 Garage spaces
HOA$291 annually
Lot0.53 Acres
Days on Zillow240 Days
Price/sqft$291
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleMulti Level
ConditionGood
Year built2004
Systems
HeatingFireplace, Fireplace Insert, Wall Furnace, Electric, Propane
CoolingNone
RoofComposition
ConstructionCement Planked, Wood Products, Cement Plank
Water / SewerPublic, Company: PUD of Jefferson Co / Septic Tank
Parking & Outdoor
ParkingDetached Garage, Off Street, RV Parking
BasementNone
Fireplaces2
Lot0.53 Acres
Location & Tax
Neighborhood98365
ZoningRR
Annual tax$5,212
Parcel821333028
Bathrooms & Fees
Full baths3
HOA$24/mo
Features & details
15 categories of property features
Interior Features
Interior
Dining Room
Appliances
Dishwasher
Dryer
Microwave
Refrigerator
Stove(s)/Range(s)
Washer
Dishwasher(s)
Dryer(s)
Microwave(s)
Refrigerator(s)
Washer(s)
Water Heater: Electric
Water Heater Location: Closet
Flooring
Ceramic Tile
Laminate
Vinyl Plank
Carpet
Heating
Fireplace
Fireplace Insert
Wall Furnace
Electric
Propane
Cooling
None
Fireplace
Gas
Main Level: 1
Upper Level: 1
Fireplace
Windows
Dbl Pane/Storm Window
Skylight(s)
Exterior Features
Parking
Detached Garage
Off Street
RV Parking
Construction
Cement Planked
Wood Products
Cement Plank
Patio & Porch
Second Kitchen
Dbl Pane/Storm Window
Dining Room
Fireplace
Jetted Tub
Skylight(s)
Walk-In Closet(s)
Water Heater
Lot Features
Dead End Street
Paved
Cable TV
Deck
Fenced-Partially
High Speed Internet
Outbuildings
Propane
Rooftop Deck
RV Parking
Community
Boat Launch
CCRs
Park
Views
Bay
Canal
Utilities
Centurylink
Other Equipment
Leased Equipment: Propane Tank
Room details
15 rooms detailed
Master Bedroom
ThirdBedroom
SecondBedroom
MainBathroom Full
ThirdBathroom Full
SecondBathroom Full
MainListing insights
Market data and value estimates
StatusFor Sale
Days on market240
Est. value$663,200
Est. rent$3,101/mo
Tax rate0.73%
Price/sqft$291
On marketAug 7, 2025
PostedAug 7, 2025
Last sold$364,500
MLS statusActive
MLS updatedMar 19, 2026
Tour days9
Views1,661
Favorites80
How are the schools in Port Ludlow?
3 schools rated nearby
Location
Port Ludlow, WA, 98365
Price history
9 events
DateEventPrice$/sqftSource
Nov 19, 2025Price Change$675,000$291NWMLS as distributed by MLS GRID
Oct 15, 2025Price Change$689,000$297NWMLS as distributed by MLS GRID
Sep 2, 2025Price Change$699,000$301NWMLS as distributed by MLS GRID
Aug 7, 2025Listed For Sale$725,000$312NWMLS as distributed by MLS GRID
Jul 31, 2015Sold$364,500$157NWMLS as distributed by MLS GRID
Jul 30, 2015Pending Sale$364,500$157John L Scott Real Estate
Jul 11, 2015Price Change$364,500$157John L Scott Real Estate
May 24, 2015Price Change$374,500$161John L Scott Real Estate
May 5, 2015Listed For Sale$399,500$172John L Scott Real Estate
Price Change$675,000
Nov 19, 2025•$291/sqft•NWMLS as distributed by MLS GRID
Price Change$689,000
Oct 15, 2025•$297/sqft•NWMLS as distributed by MLS GRID
Price Change$699,000
Sep 2, 2025•$301/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$725,000
Aug 7, 2025•$312/sqft•NWMLS as distributed by MLS GRID
Sold$364,500
Jul 31, 2015•$157/sqft•NWMLS as distributed by MLS GRID
Pending Sale$364,500
Jul 30, 2015•$157/sqft•John L Scott Real Estate
Price Change$364,500
Jul 11, 2015•$157/sqft•John L Scott Real Estate
Price Change$374,500
May 24, 2015•$161/sqft•John L Scott Real Estate
Listed For Sale$399,500
May 5, 2015•$172/sqft•John L Scott Real Estate
Tax history
12 years of records
YearTax paidAssessed value
Apr 5, 2024$5,265$651,394
Apr 5, 2023$4,898$617,246
Apr 5, 2022$4,736$612,246
Apr 5, 2021$4,496$489,154
Apr 5, 2019$4,433$418,454
Apr 5, 2018$4,229$383,103
Apr 5, 2017$3,849$383,103
Apr 5, 2016$4,339$353,503
Apr 5, 2015$3,910$362,935
Apr 5, 2014$4,058$374,962
Apr 5, 2013$4,058$374,960
Apr 5, 2010$4,075—
Nearby homes
Neighborhood details
Local context around this listing
Port Ludlow, WA • Jefferson County
Nearby cities
BrinnonChimacumForksNordlandPort AngelesPort HadlockPort LudlowPort Townsend
Nearby zip codes
9832598365
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Based on information submitted to the MLS GRID as of 2026-04-05 13:00:07 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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