Property Attributes
- ID#2517513
- TypeSingle Family
- CountyTHURSTON
- CityOlympia
- AreaThurston Nw
- NeighborhoodSteamboat Island
- Zip98502
- Style2 Story
- Year Built1974
- Taxes$ 4651
- Price$ 395,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms1
- Sqr Footage1926
- Lot Size0.717 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
TWO WATERFRONT HOMES WITH SWEEPING VIEWS FOR AN INVESTOR OR EXTENDED FAMILY TO GIVE THE PROPERTY SOME TLC! 159' of High Bank Totten Inlet waterfront! This Steamboat Peninsula property features two separate homes on one high-bank parcel at the end of a quiet road. The residences are positioned at a private distance from each other, with one located near Elizan Road and the second situated along the water. Both homes include huge entertaining decks designed to take advantage of the western exposure and sweeping views of Totten Inlet.The layout and privacy between the units provide significant Airbnb potential or a flexible setup for multi-generational living. An unfinished shop with DADU potential sits between the homes, and the property also includes a two-car carport and a garden shed. Both homes have functional interiors that would benefit from modernization, and the exteriors require repair. Please note that while the property offers water views, there is no direct water access. This is a "fixer" property available for cash purchase only, offering a straightforward opportunity to build equity through a renovation project. Buyers must be accompanied by licensed agents to visit the property.
| Elementary School | Middle School | High School |
|---|---|---|
| Griffin Elem | Griffin Mid School | Capital High |
| Price History | |
|---|---|
| 5/5/2026 | Listed $550,000 |
| 6/17/2026 | 10$495,000 |
| 7/17/2026 | 21$395,000 |
General Features
| Living Area | 1926 |
|---|---|
| Sewer | Septic Tank |
| Heating | Baseboard |
| Cooling | Wall Unit(s) |
| Possession | Closing |
| Roof | Composition |
| Year Built | 1974 |
| View | Sound,Territorial |
| Topography | Partial Slope,Sloped |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Waterfront Features | High Bank,Bayfront,Saltwater,Sound |
| County | Thurston |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | Steamboat Island |
| Facing Direction | West |
| Full Baths | 1 |
| Special Listing Conditions | None |
| Status | Active |
| Directions | Hwy 101 to N on Steamboat Island Rd,then approx 4.5 miles to Steamboat Island Rd to L on 64th to L on Elizan Dr NW. |
| High School | Capital High |
| City | Olympia |
| Entry Location | Main |
| Senior Community Y/N | No |
| High School District | Griffin |
| MLS Area | 441 - Thurston Nw |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 31231 |
| Carport Y/N | Yes |
| Listing Terms | Cash,Conventional,Rehab Loan |
| Elementary School | Griffin Elem |
| Land Lease Y/N | No |
| Tax Annual Amount | 4651 |
| Middle/Junior High School | Griffin Mid School |
| Property Condition | Fixer |
| Public Remarks | TWO WATERFRONT HOMES WITH SWEEPING VIEWS FOR AN INVESTOR OR EXTENDED FAMILY TO GIVE THE PROPERTY SOME TLC! 159' of High Bank Totten Inlet waterfront! This Steamboat Peninsula property features two s |
| Structure Type | House |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Water Company | Individual Well |
| Property Style | 12 - 2 Story |
| AFH | 205 |
| NWM_ShowMapLink | Yes |
Interior Features
| Interior Amenities | Bath Off Primary,Fireplace,Vaulted Ceiling(s) |
|---|---|
| Basement | Unfinished |
| Total Fireplaces | 1 |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Half Baths | 1 |
| Total Bedrooms | 2 |
| Main Level Bedrooms | 2 |
| Total Baths | 2 |
| Bedrooms Possible | 3 |
| Fireplaces Main | 1 |
| Power Production Type | Electric,Propane |
| Baths Half Main | 1 |
| Baths Full Main | 1 |
| Bathrooms | 1.5 |
Exterior Features
| Exterior Amenities | Wood |
|---|---|
| Vegetation | Brush,Wooded |
| Parking Features | Detached Carport,Driveway,Off Street |
| Lot Features | Dead End Street,Secluded |
| Water Source | Individual Well |
| Total Parking | 4 |
| Foundation Details | Pillar/Post/Pier,Poured Concrete,Slab |
| Building Area Total | 2346 |
| Lot Size Acres | 0.717 |
| Waterfront Y/N | Yes |
| Covered Spaces | 2 |
| Irrigation Water Rights Y/N | No |
| Waterfront Footage | 121 |
| Site Features | Outbuildings,Propane |
| Parking Uncovered Total | 2 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 98502
In The Neighborhood
Olympia
$ 686,000
- Type
- Single Family | Active
- Size
- 2,048 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Listed by: Keller Williams South Sound
Olympia
$ 1,200,000
- Type
- Single Family | Active
- Size
- 3,476 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Listed by: Olympic Sotheby's Int'l Realty
Olympia
$ 1,395,000
- Type
- Single Family | Active
- Size
- 4,262 SqFt
- Rooms
- 2 Beds + 5 Baths
Listed by: Morrison House Sotheby's Intl
Olympia
$ 995,000
- Type
- Single Family | Active
- Size
- 3,376 SqFt
- Rooms
- 4 Beds + 3.5 Baths
Listed by: RE/MAX Northwest