8031 Kerbaugh Road NE, Olympia, WA 98516
Listed by Spence Weigand, Virgil Adams Real Estate, Inc.
Originally $990,000
Reduced $85,000 · 9%$905,000
8031 Kerbaugh Road NE, Olympia, WA 98516
Olympia, WA, 98516
Tour this home
Jeff Reynolds · Managing Broker, Compass
Start with a focused 15-minute call, then tour with a clear due-diligence plan.
- Land
- Type
- 717,433 sq ft
- Lot
- 1179
- Days on market
About this property
First time on market since the Hoover administration! Ultra-rare large estate-sized and private waterfront parcel on desirable Johnson Point! Splendid views of Henderson Inlet and the Olympics, and approximately 500' of gorgeous gravelly beachfront plus ownership of the tidelands. Zoned 1 unit per 5 acres. There is definitely marketable timber but no timber cruise has been done. This is the perfect palette for your "statement" home!
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2031845
- Listed
- January 30, 2023
- Days on market
- 1,179
- Original list price
- $990,000
Views
- View
- BayMountainsSound
Construction
- Style
- 41 - Res-Over 1 Acre
- Structure
- None
Lot
- Lot features
- Dead End StreetPavedSecluded
- Lot size
- 717,433 sq ft
- Waterfront
- Yes
Terms
- Terms offered
- CashConventional
Utilities
- Utilities
- Electricity Available
- Water
- Well Needed
- Sewer
- Not Available
Schools
- District
- North Thurston
- Elementary
- South Bay Elem
- Middle
- Chinook Mid
- High
- North Thurston High
Listing history
Listed
$990,000
January 30, 2023
Current price
$905,000
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$5,270
- Principal & interest
- $4,576
- Property tax (est.)
- $694
Assumes $181,000 down (20%), a $724,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of August 14, 2026 at 11:15 PM 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.