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JRJeff ReynoldsCompass · Seattle

10407 Evergreen Valley Road SE, Olympia, WA 98513

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Active

Listed by Amy Plott, Keller Williams South Sound

Active0 days on market

$1,595,500

$649 per sq ft

10407 Evergreen Valley Road SE, Olympia, WA 98513

Olympia, WA, 98513

Beds
2
Baths
2
Sq ft
2,460
Built
1980
Parking
Detached Carport, Driveway, Detached Garage, RV Parking
Ask Jeff

Tour this home

Jeff Reynolds · Managing Broker, Compass

Start with a focused 15-minute call, then tour with a clear due-diligence plan.

2
Bedrooms
2
Bathrooms
2,460
Square feet
$649
Per sq ft
Single Family Residence
Type
1980
Year built
695,218 sq ft
Lot
0
Days on market

About this property

Welcome to Keystone Ranch in the Evergreen Valley, a gated equestrian estate on nearly 16 private acres where rustic splendor meets refined living minutes from Olympia. Designed for serious equestrians, this exceptional property features a rare attached 9-stall barn with five covered paddocks, two uncovered paddocks, two enclosed stalls, oversized tack room, hot and cold wash rack, LED lighting, and additional space with potential for more stalls. Ride year-round in the 106' x 60' lighted arena, train in the 60' lighted round pen, or practice over the cross-country jumps. Twelve fenced and cross-fenced productive pastures with New Zealand and field fencing, three loafing sheds, gates, breezeway, and frost-free water stations throughout for ranch management. Approximately 2,324 feet of creek frontage, and a covered bird-watching retreat complete this remarkable ranch. The cabin-inspired home offers warm wood accents, a loft-style primary suite, two additional bedrooms, a dedicated office, bonus room, oversized laundry room, granite countertops, newer Bosch appliances, dual tankless water heaters, mini-splits, a new furnace and heat pump, fresh exterior paint, new flooring, and durable metal roofs on both the home and barn. Additional amenities include a fenced dog area, enclosed shop, detached garage, three covered parking structures, RV power hookup, and an owned 500-gallon propane tank. Potential for an ADU and possible subdivision (buyer to verify). No HOA or CCRs.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2556887
Listed
July 29, 2026
Days on market
0
Price per sq ft
$649

Unit & building

Unit levels
Two

Parking

Parking
Detached CarportDrivewayDetached GarageRV Parking
Covered spaces
12
Total spaces
12

Views

View
Territorial

Construction

Year built
1980
Style
12 - 2 Story
Structure
House
Roof
Metal

Heating & cooling

Heating
DuctlessHeat PumpStove/Free Standing
Cooling
Central AirDuctlessHeat Pump
Energy source
ElectricPropane

Interior features

Features
Bath Off PrimaryCeiling Fan(s)Dbl Pane/Storm WindowFireplaceLoftVaulted Ceiling(s)Walk-In Closet(s)Water Heater
Fireplaces
1
Fireplace type
See Remarks

Flooring

Flooring
Engineered HardwoodHardwoodCarpet

Appliances

Appliances
DishwasherDisposalDouble OvenDryerMicrowaveRefrigeratorSee RemarksStove(s)/Range(s)Tankless Water HeaterWasher

Lot

Lot features
Secluded
Lot size
695,218 sq ft
Waterfront
Yes

Terms

Terms offered
CashConventionalFarm Home LoanVA Loan

Utilities

Water
Individual Well
Sewer
Septic
Power
Puget Sound Energy

Schools

District
Yelm
Elementary
Southworth Elem
Middle
Yelm Mid
High
Yelm High12

Listing history

  1. Listed

    $1,595,500

    July 29, 2026

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

$9,291

Principal & interest
$8,068
Property tax (est.)
$1,223

Assumes $319,100 down (20%), a $1,276,400 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.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 30, 2026 at 1:30 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.