Sold7d on market
8947 Buttonwood Ln NE
Olympia, WA, 98516 • 98516 • Thurston County
$1,100,000
$1012/sqft
2Beds
2Baths
1,087Sqft
8.8 acLot
1942Built
Property DNA
Waterfront Property
Medium Bank, Bulkhead, Saltwater, Sound
Scenic Views
See Remarks · Sound · Territorial
Character Home
Built 1942 · 84 years of history
Johnson Point
98516
Outdoor Living
Fireplace · Water Heater
1 Fireplace
Wood Burning · Main Level: 1 · Fireplace
This home is in high demand
Listed 7 days ago · 59 views · Top 4% likely to sell soon
Market activity
Demand and pricing signals for this listing
59 views
People checking out this listing
7 days on market
Just listed — act fast
$1,012/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 4% 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 1942
Rare 8.78-acre waterfront opportunity in Olympia’s Henderson Inlet with western exposure—beautiful light and unforgettable sunsets. The property includes a 2BR/1.5BA 1940s home and an outstanding chance to renovate, restore, or reimagine. Value is in the land, privacy, and lifestyle. Enjoy nature, then walk down to the beach for bonfires and sunset evenings on the shoreline, all while staying close to town amenities and commuter routes. Tideland rights included (buyer to verify extent/transferability). Zoned RL 1/2 (max density: 1 DU per 2 acres). Buyer to verify development potential, feasibility, and future use. AS-IS.
Estimated monthly payment
Based on current rates
$6,850/month
Principal & Interest$5,383
Property Tax$1,100
Insurance$367
Down payment20% ($220,000)
3%50%
Est. 6.19% rate · 30yr fixed · $880,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1942
HeatingFireplace, Baseboard, Forced Air, Propane
CoolingNone
Parking1 Carport space
Lot8.78 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1942
Stories2
Systems
HeatingFireplace, Baseboard, Forced Air, Propane
CoolingNone
RoofComposition
ConstructionLog, Wood Siding, Wood Products
Water / SewerIndividual Well, Company: Well / Septic Tank, Company: Septic
Parking & Outdoor
ParkingAttached Carport, Driveway
BasementUnfinished
Fireplaces1
Lot8.78 Acres
Location & Tax
Neighborhood98516
Annual tax$12,158
Parcel11905410000
Bathrooms & Fees
Full baths1
Features & details
10 categories of property features
Interior Features
Appliances
Dryer
Refrigerator
Stove(s)/Range(s)
Washer
Dryer(s)
Refrigerator(s)
Washer(s)
Water Heater: Propane
Water Heater Location: Basement
Flooring
Laminate
Carpet
Heating
Fireplace
Baseboard
Forced Air
Propane
Cooling
None
Fireplace
Wood Burning
Main Level: 1
Fireplace
Exterior Features
Parking
Attached Carport
Driveway
Construction
Log
Wood Siding
Wood Products
Patio & Porch
Fireplace
Water Heater
Lot Features
Dead End Street
Patio
Shop
Views
See Remarks
Sound
Territorial
Room details
9 rooms detailed
Bedroom
SecondBedroom
MainBathroom Full
MainOther
SecondDining Room
MainEntry Hall
MainListing insights
Market data and value estimates
StatusSold
Days on market7
Est. value$1,099,900
Est. rent$2,282/mo
Tax rate0.81%
Price/sqft$1012
On marketFeb 15, 2026
PostedJan 12, 2026
Last sold$1,100,000
MLS statusSold
MLS updatedMar 30, 2026
Tour days6
Views59
How are the schools in Olympia?
3 schools rated nearby
Location
Olympia, WA, 98516
Price history
7 events
DateEventPrice$/sqftSource
Mar 30, 2026Sold$1,100,000$1,012NWMLS as distributed by MLS GRID
Feb 23, 2026Pending Sale$1,200,000$1,104eXp Realty
Feb 21, 2026Price Change$1,200,000$1,104NWMLS as distributed by MLS GRID
Jan 12, 2026Listed For Sale$1,350,000$1,242NWMLS as distributed by MLS GRID
Mar 24, 2021Listing Removed——Owner
Nov 19, 2015Listing Removed$1,400$1Owner
Oct 19, 2015Listed For Rent$1,400$1Owner
Sold$1,100,000
Mar 30, 2026•$1,012/sqft•NWMLS as distributed by MLS GRID
Pending Sale$1,200,000
Feb 23, 2026•$1,104/sqft•eXp Realty
Price Change$1,200,000
Feb 21, 2026•$1,104/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,350,000
Jan 12, 2026•$1,242/sqft•NWMLS as distributed by MLS GRID
Listing Removed—
Mar 24, 2021•Owner
Listing Removed$1,400
Nov 19, 2015•$1/sqft•Owner
Listed For Rent$1,400
Oct 19, 2015•$1/sqft•Owner
Tax history
23 years of records
YearTax paidAssessed value
Apr 7, 2024$12,158$1,098,300
Apr 7, 2023$9,294$954,900
Apr 7, 2022$7,728$780,800
Apr 7, 2021$4,127$721,500
Apr 7, 2020$4,330$655,400
Apr 7, 2019$3,805$651,900
Apr 7, 2018$3,824$552,300
Apr 7, 2017$6,088$484,300
Apr 7, 2016$6,088$468,200
Apr 7, 2014$6,088$447,900
Apr 7, 2013—$444,800
Apr 7, 2012$6,227—
Apr 7, 2011——
Apr 7, 2010——
Apr 7, 2009$7,132—
Apr 7, 2008——
Apr 7, 2007$7,293—
Apr 7, 2006$7,656—
Apr 7, 2005$5,296—
Apr 7, 2004——
Apr 7, 2002——
Apr 7, 2001$4,789$298,900
Apr 7, 2000$4,942$298,900
Nearby homes
Neighborhood details
Local context around this listing
Olympia, WA • Thurston County
Nearby cities
BucodaCentraliaLaceyNisqually Indian CommunityOlympiaRainierRochesterTenino
Nearby zip codes
9832798503985099851398516
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Based on information submitted to the MLS GRID as of 2026-04-07 05:53:26 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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