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  • Listed by: RE/MAX Top Executives • Kamie Sawtell
    Price cut: $50K (7/2)
    $499,000

    261 N Olympic Way, Hoodsport, WA 98548

    2beds
    1,688sqft
    : 
    $3,138/mo
    Get pre-qualified
    Single Family Residence
    Built in 1996
    0.39 Acres Lot
    $482,800 Zestimate®
    $296/sqft
    $142/mo HOA

    What's special

    Fruit treesGarden spaceSeveral outbuildingsBonus roomCustom wet barOptimal living space
    *** Motivated Seller**Tucked in the sought after Lake Cushman Golf Course Community, a destination for all of the PNW beauty & the gateway to the Olympics. This wonderful home offers 2 bedrooms, huge deck & a balcony, 2 bathrooms, optimal living space and a bonus room, absolute pride in ownership. A custom wet bar, & nicely sized kitchen with eating space, cozy propane fireplace in the living room, thoughtful use of sq footage throughout. The large deck space is perfect for entertaining or relaxing amidst this natural setting. An dealistic & massive shop is perfect for hobbys, nearly 1300 sq ft, 4 shop doors, a utility door & 2 man doors, propane, plenty of workspace including a loft with additonal storage space and bonus room. This beautiful double lot offers dual driveways offering fruit trees, garden space, several outbuildings, a firepit and more. A stunning location that is central to parks, lakes for kayaking, fishing, swimming etc, hiking trails in proximity to the Olympics & so much more. Dont miss your opportuntiy for this peaceful setting, the perfect blend of a "resort like" & neighborhood retreat all in one.
    81 days
    |
    168
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kamie Sawtell,

    RE/MAX Top Executives

    Source: NWMLS as distributed by MLS GRID,MLS#: 2520900MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Bonus room
      • Level: Second
      Dining room
      • Level: Main
      Entry hall
      • Level: Main
      Kitchen with eating space
      • Level: Main
      Heating
      • Fireplace, Wall Furnace, Electric
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Stove(s)/Range(s), Dishwasher(s), Garbage Disposal, Microwave(s), Water Heater: Electric, Water Heater Location: Pantry
      Features
      • Ceiling Fan(s), Dining Room
      • Flooring: Ceramic Tile, Laminate, Vinyl Plank, Carpet
      • Windows: Dbl Pane/Storm Window
      • Basement: None
      • Number of fireplaces: 1
      • Fireplace features: Gas, Main Level: 1, Fireplace
      Interior area
      • Total structure area: 1,688
      • Total interior livable area: 1,688 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Driveway, RV Parking
      • Covered spaces: 3
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Main
      • Patio & porch: Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wet Bar
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 0.39 Acres
      • Features: Cul-De-Sac, Paved, Cable TV, Deck, Fenced-Fully, Gated Entry, High Speed Internet, Irrigation, Outbuildings, Patio, Propane, RV Parking, Shop
      • Topography: Level
      • Residential vegetation: Fruit Trees, Garden Space
      Details
      • Parcel number: 422165100198
      • On leased land: Yes
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: 2 Story
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding, Wood Products
      • Foundation: Poured Concrete
      • Roof: Composition
      Condition
      • Year built: 1996
      • Major remodel year: 1996

      Utilities & green energy

      • Electric: Company: PUD1
      • Sewer: Septic Tank, Company: Septic
      • Water: Community, Company: Lake Cushman

      Community & HOA

      Community
      • Features: Athletic Court, Boat Launch, CCRs, Clubhouse, Golf, Park, Playground, Trail(s)
      • Security: Security Service
      • Subdivision: Lake Cushman
      HOA
      • Services included: Common Area Maintenance, Road Maintenance, Security, Snow Removal
      • HOA fee: $142 monthly
      Location
      • Region: Hoodsport

      Financial & listing details

      • Price per square foot: $296/sqft
      • Tax assessed value: $438,180
      • Annual tax amount: $3,985
      • Date on market: 5/9/2026
      • Cumulative days on market: 81 days
      • Listing terms: Conventional
      • Inclusions: Dishwasher(s), Garbage Disposal, Microwave(s), Stove(s)/Range(s)

        Estimated market value

        $482,800

        $459,000 - $507,000

        $2,228/mo

        Price history

        DateEventPrice
        7/2/2026Price change$499,000-9.1%$296/sqft
        Source: NWMLS as distributed by MLS GRID #2520900 Report a problem
        6/8/2026Price change$549,000-3.7%$325/sqft
        Source: NWMLS as distributed by MLS GRID #2520900 Report a problem
        5/29/2026Price change$569,999-5%$338/sqft
        Source: NWMLS as distributed by MLS GRID #2520900 Report a problem
        5/9/2026Listed for sale$599,999$355/sqft
        Source: NWMLS as distributed by MLS GRID #2520900 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,999 +9.1%$438,180 +12.7%
        2023$2,748 -0.9%$388,700 +20.4%
        2022$2,773 -4.3%$322,825 +23%
        2021$2,896 +6.4%$262,385 +13.7%
        2020$2,722 +6.3%$230,825 +24%
        2018$2,561 +32.1%$186,145 +0.1%
        2017$1,939 -1.1%$185,990 +8.1%
        2016$1,960 +12.4%$172,030
        2015$1,745 +2.6%$172,030
        2014$1,700 $172,030 -3.4%
        2013$1,700 $178,065 -3.2%
        2012-- $183,935 +16.4%
        2011-- $158,000 -27.6%
        2010-- $218,160
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 98548

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Hood Canal Elem& Jnr
        • Middle: Hood Canal Elem& Jnr
        • High: Shelton High

        Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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