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Olympia, WA, 98516 • 98516 • Thurston County
$1157/sqft
3Beds
2Baths
1,378Sqft
8.8 acLot
1950Built
Waterfront Property
Low Bank, Medium Bank, Bulkhead, Saltwater, Sound
Scenic Views
Bay · Sea · Sound
Olympia
98516
Outdoor Living
Bath Off Primary · Fireplace · Security System · Water Heater
1 Fireplace
Wood Burning · Lower Level: 1 · Fireplace
This home is getting attention
Listed 263 days ago · 26 views
Demand and pricing signals for this listing
26 views
People checking out this listing
263 days on market
Established listing
$1,157/sqft
Price per square foot
This home ranks in the top 29% of listings most likely to go under contract soon, based on market activity and demand signals.
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Single Family · Built 1950
Private peninsula — a truly exceptional waterfront property including nearly 9 ac of serene natural beauty and approximately 2,500 feet of low-bank saltwater frontage. Surrounded by water on three sides and directly across from the Woodard Bay Nature Preserve, this secluded retreat offers unmatched privacy while remaining just minutes from downtown Olympia. The 3 bedroom 1.75 bath 1,378 ft home offers comfortable living space fully furnished to operate as a successful rental/Airbnb. The home sits nestled among mature evergreens, with panoramic water views from every side. Bulkhead, lofted boathouse, waterside patio fire pit and gazebo. Private lagoon at high tide. Oyster farm and clam sales offer profit with the business lease conveying.
Standout features identified
Our analysis highlights lofted boathouse, waterside patio fire pit, and panoramic water views as key attractions of this home.
Based on current rates
Est. 6.19% rate · 30yr fixed · $1,276,000 loan
Full calculator →Key facts and listing details
12 categories of property features
5 rooms detailed
Master Bedroom
MainBedroom
MainBedroom
MainBathroom Full
MainOther
MainMarket data and value estimates
3 schools rated nearby
Olympia, WA, 98516
8 events
23 years of records
Local context around this listing
Olympia, WA • Thurston County
Nearby cities
Nearby zip codes
Based on information submitted to the MLS GRID as of 2026-04-07 20:38:52 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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