Listed by Michael T. Smith, Century 21 Van Dorm Realty
- Land
- Type
- 239,580 sq ft
- Lot
- 157
- Days on market
About this property
Magnificent 5.5-acre Oyster Bay waterfront parcel ready for your dream build! All the heavy lifting is complete, offering a rare opportunity to create your custom retreat in a quintessential Pacific Northwest setting. Enjoy exceptional privacy, abundant wildlife, and serene waterfront surroundings. Current owners have navigated the extensive permitting process, securing a Reasonable Use Exception and conditional septic approval--saving you significant time and uncertainty. A defined building envelope is in place for a 4-bedroom home, positioned to capture peaceful water views. Located in the desirable Griffin School District, this property combines natural beauty with convenience. Bring your plans and start building! Shown by appointment only. Please contact your broker to schedule a tour. No drive-bys or trespassing.
Location & commute
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Jeff's Neighborhood Guide
Get to know the Thurston Nw area
Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.
Property details
Listing details
- Listing number
- #2520257
- Listed
- May 7, 2026
- Days on market
- 157
- Original list price
- $450,000
Views
- View
- BaySound
Construction
- Style
- 41 - Res-Over 1 Acre
- Structure
- None
Lot
- Lot size
- 239,580 sq ft
- Waterfront
- Yes
Terms
- Terms offered
- CashConventional
Utilities
- Utilities
- Electricity AvailableSeptic Design Applied
- Water
- Drilled WellPrivate Well
- Sewer
- Not Available
Schools
- District
- Griffin
- Elementary
- Griffin Elem
- Middle
- Griffin Mid School
- High
- Buyer To Verify
What stands out to you?
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- Bay
- Sound
- None
- Cash
- Conventional
- Electricity Available
- Septic Design Applied
- Drilled Well
- Private Well
- Not Available
Listing history
Listed
$450,000
May 7, 2026
Current price
$400,000
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
$2,330
- Principal & interest
- $2,023
- Property tax (est.)
- $307
Assumes $80,000 down (20%), a $320,000 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 October 12, 2026 at 3:30 AM 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.