For Sale20d on market
7240 Holmes Island Road SE
Olympia, WA, 98503 • 98503 • Thurston County
$1,690,000
$353/sqft
-$60,000 since Apr 4, 2026
Down payment assistance available
3Beds
4Baths
4,787Sqft
0.55 acLot
1997Built
Property DNA
Waterfront Property
Bulkhead, Lake
Scenic Views
Lake · Territorial
2 Stories w/Bsmnt Style
Built 1997 · 29 years of history
Long Lake West
98503
Outdoor Living
Second Kitchen · Bath Off Primary · Built-In Vacuum · Ceiling Fan(s) · Dbl Pane/Storm Window · Dining Room · Fireplace · Fireplace (Primary Bedroom) · French Doors · Sauna · Security System · Skylight(s) · Vaulted Ceiling(s) · Walk-In Closet(s) · Water Heater · Wired for Generator
3 Fireplaces
Gas · Lower Level: 1 · Main Level: 2 · Fireplace
Garage
Driveway · Attached Garage · Off Street · RV Parking
Ceramic Tile & Hardwood Floors
Quality flooring throughout
This home is getting attention
Listed 20 days ago · 1,363 views · 45 saves
Market activity
Demand and pricing signals for this listing
1,363 views
People checking out this listing
45 saves
Buyers have saved this home
20 days on market
Recently listed
$353/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 40% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1997
New opportunity with this new price. Waterfront home on Long Lake with private dock, boat lift & 2nd kitchen, nearly 4,800 sq ft designed for luxury living, multi-generational flexibility & year-round lakefront enjoyment. Experience elevated waterfront living in this NW Contemporary home offering 4,787 sq ft of versatile space. The main level features open-concept living, a chef’s kitchen with quartz & granite counters, and a stunning primary suite with fireplace and spa-like bath with heated floors—including the shower. Upstairs, enjoy lake views from the balcony off two bedrooms. The fully finished daylight basement offers a private entrance, full kitchen, and flexible MIL or guest suite—ideal for multi-generational living or income potential. Designed for comfort and efficiency with geothermal HVAC, refinished hardwoods, sauna, exercise room, and wired generator capability. Step outside to a composite deck and professionally landscaped, terraced yard leading to 105 ft of waterfront with bulkhead, private dock, boat lift, and PWC lift. A 3-bay garage, RV parking, and included boat complete this rare opportunity. Live the Long Lake lifestyle—boating, entertaining, and relaxing right from your backyard. 1 year home warranty included for the buyer's peace of mind.
Standout features identified
Our analysis highlights rv parking, exercise room, and geothermal hvac as key attractions of this home.
Estimated monthly payment
Based on current rates
$10,523/month
Principal & Interest$8,270
Property Tax$1,690
Insurance$563
Down payment20% ($338,000)
3%50%
Est. 6.19% rate · 30yr fixed · $1,352,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1997
HeatingFireplace, Forced Air, High Efficiency (Unspecified), Recirculation Pump, Electric, Geothermal, Natural Gas
CoolingForced Air, High Efficiency (Unspecified)
Parking3 Attached Garage spaces
Lot0.55 Acres
Days on Zillow20 Days
Price/sqft$353
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Style2 Stories w/Bsmnt
ConditionVery Good
Year built1997
Stories2
Systems
HeatingFireplace, Forced Air, High Efficiency (Unspecified), Recirculation Pump, Electric, Geothermal, Natural Gas
CoolingForced Air, High Efficiency (Unspecified)
RoofComposition
ConstructionCement Planked, Wood Siding, Wood Products, Cement Plank
Water / SewerPublic, Company: City of Lacey / Septic Tank, Company: Septic
Parking & Outdoor
ParkingDriveway, Attached Garage, Off Street, RV Parking
BasementDaylight,Finished
Fireplaces3
Lot0.55 Acres
Location & Tax
Neighborhood98503
ZoningLD - Lake
Annual tax$14,583
Parcel11822431700
Bathrooms & Fees
Full baths3
Features & details
15 categories of property features
Interior Features
Interior
Bath Off Primary
Central Vacuum
Ceiling Fan(s)
Dining Room
Sauna
Appliances
Dishwasher
Microwave
Refrigerator
Stove(s)/Range(s)
Dishwasher(s)
Microwave(s)
Refrigerator(s)
Water Heater: Electric
Water Heater Location: Mechanical room
Flooring
Ceramic Tile
Hardwood
Carpet
Heating
Fireplace
Forced Air
High Efficiency (Unspecified)
Recirculation Pump
Electric
Geothermal
Natural Gas
Cooling
Forced Air
High Efficiency (Unspecified)
Fireplace
Gas
Lower Level: 1
Main Level: 2
Fireplace
Windows
Dbl Pane/Storm Window
Skylight(s)
Exterior Features
Parking
Driveway
Attached Garage
Off Street
RV Parking
Construction
Cement Planked
Wood Siding
Wood Products
Cement Plank
Patio & Porch
Second Kitchen
Bath Off Primary
Built-In Vacuum
Ceiling Fan(s)
Dbl Pane/Storm Window
Dining Room
Fireplace
Fireplace (Primary Bedroom)
French Doors
Sauna
Security System
Skylight(s)
Vaulted Ceiling(s)
Walk-In Closet(s)
Water Heater
Wired for Generator
Lot Features
Paved
Cable TV
Dock
Dog Run
Fenced-Partially
Gas Available
High Speed Internet
Patio
Rooftop Deck
RV Parking
Sprinkler System
Security
Security System
Views
Lake
Territorial
Utilities
Xfinity
Comcast
Other Equipment
Wired for Generator
Room details
19 rooms detailed
Master Bedroom
MainBedroom
SecondBedroom
SecondBathroom Full
MainBathroom Full
LowerBathroom Full
SecondListing insights
Market data and value estimates
StatusFor Sale
Days on market20
Tax rate0.81%
Price/sqft$353
On marketMar 16, 2026
PostedMar 17, 2026
Last sold$750,000
MLS statusActive
MLS updatedApr 6, 2026
Tour days9
Views1,363
Favorites45
How are the schools in Olympia?
3 schools rated nearby
Location
Olympia, WA, 98503
Price history
8 events
DateEventPrice$/sqftSource
Apr 4, 2026Price Change$1,690,000$353NWMLS as distributed by MLS GRID
Mar 17, 2026Listed For Sale$1,750,000$366NWMLS as distributed by MLS GRID
Nov 3, 2009Sold$750,000$157NWMLS as distributed by MLS GRID
May 23, 2008Listing Removed$1,250,000$261Lakehouse.com
May 23, 2008Price Change$1,250,000$261Lakehouse.com
Feb 2, 2008Price Change$1,179,000$246Lakehouse.com
Nov 26, 2007Listed For Sale$1,250,000$261Lakehouse.com
Apr 27, 2001Sold$540,000$113Public Record
Price Change$1,690,000
Apr 4, 2026•$353/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,750,000
Mar 17, 2026•$366/sqft•NWMLS as distributed by MLS GRID
Sold$750,000
Nov 3, 2009•$157/sqft•NWMLS as distributed by MLS GRID
Listing Removed$1,250,000
May 23, 2008•$261/sqft•Lakehouse.com
Price Change$1,250,000
May 23, 2008•$261/sqft•Lakehouse.com
Price Change$1,179,000
Feb 2, 2008•$246/sqft•Lakehouse.com
Listed For Sale$1,250,000
Nov 26, 2007•$261/sqft•Lakehouse.com
Sold$540,000
Apr 27, 2001•$113/sqft•Public Record
Tax history
23 years of records
YearTax paidAssessed value
Apr 7, 2024$13,333$1,225,800
Apr 7, 2023$11,767$1,170,900
Apr 7, 2022$12,133$1,200,100
Apr 7, 2021$12,395$1,016,500
Apr 7, 2020$10,752$817,700
Apr 7, 2019$8,657$762,400
Apr 7, 2018$9,641$742,900
Apr 7, 2017$8,292$655,900
Apr 7, 2016$8,292$616,750
Apr 7, 2014$8,292$593,250
Apr 7, 2013—$579,050
Apr 7, 2012$6,740—
Apr 7, 2011——
Apr 7, 2010——
Apr 7, 2009$7,128—
Apr 7, 2008——
Apr 7, 2007$7,544—
Apr 7, 2006$10,799—
Apr 7, 2005$7,329—
Apr 7, 2004——
Apr 7, 2002——
Apr 7, 2001$6,619$398,500
Apr 7, 2000$6,747$398,500
Nearby homes
Neighborhood details
Local context around this listing
Olympia, WA • Thurston County
Nearby cities
BucodaCentraliaLaceyNisqually Indian CommunityOlympiaRainierRochesterTenino
Nearby zip codes
98503985099851398516
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Based on information submitted to the MLS GRID as of 2026-04-07 09:28:23 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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