Once upon a time…you found the one. Tucked away on a rare 10,000+ sq. ft. Puget Sound view lot in the heart of Steilacoom, this enchanting storybook cabin captures the warmth, charm, and character that’s nearly impossible to find today. Surrounded by towering evergreens with views of Puget Sound, this one-of-a-kind retreat offers approximately 1,200 sq. ft. featuring soaring ceilings, rich wood accents, a spacious bedroom, and a generous loft where you’ll wake to water views. Beyond its undeniable charm lies extraordinary opportunity. Whether you envision embracing the cabin just as it is, expanding the existing home, building a detached garage with an ADU above, or creating a separate ADU for guests, income, or multigenerational living, the oversized lot offers the space to bring your vision to life (buyer to verify). The possibilities are as endless as your imagination. This isn’t simply a home—it’s a chance to create a legacy property in one of Washington’s most treasured waterfront communities. Just moments from Steilacoom’s waterfront and historic downtown, this magical retreat invites you to enjoy today while building something extraordinary for generations to come. Spend your days exploring Historic Steilacoom's waterfront, beaches, parks shops, local restaurants and ferry to Anderson Island. It's more than a place to live-it's a place to slow down, make memories and create a lifestyle you have always dreamed of. 15-minute drive to JBLM and I-5.
Active
Listed by: RE/MAX Exclusive • Brenda D Kelley
$650,000
516 1st Street, Steilacoom, WA 98388
1beds
1,188sqft
Single Family Residence
Built in 2010
10,659 Square Feet Lot
$624,700 Zestimate®
$547/sqft
$-- HOA
What's special
Views of puget soundSoaring ceilingsRich wood accentsEnchanting storybook cabinSurrounded by towering evergreensSpacious bedroom
- 6 days |
- 1,603 |
- 118 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Brenda D Kelley,
RE/MAX Exclusive
Source: NWMLS as distributed by MLS GRID,MLS#: 2545493
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bonus room
- Level: Second
Entry hall
- Level: Main
Great room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Radiant, Electric, See Remarks
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Refrigerator(s), Washer(s), Water Heater Location: laundry
Features
- Loft
- Flooring: Concrete
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,188
- Total interior livable area: 1,188 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: One and One Half
- Stories: 1
- Entry location: Main
- Patio & porch: Fireplace, Loft, Vaulted Ceiling(s)
- Has view: Yes
- View description: Sound
- Has water view: Yes
- Water view: Sound
Lot
- Size: 10,659 Square Feet
- Topography: Level
Details
- Parcel number: 2990001434
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 1/2 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Very Good
- Year built: 2010
Utilities & green energy
- Electric: Company: Town of Steilacoom
- Sewer: Sewer Connected, Company: Town of Steilacoom
- Water: Public, Company: Town of Steilacoom
Community & HOA
Community
- Subdivision: Steilacoom
Location
- Region: Steilacoom
Financial & listing details
- Price per square foot: $547/sqft
- Tax assessed value: $533,600
- Annual tax amount: $4,650
- Date on market: 6/24/2026
- Cumulative days on market: 11 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$624,700
$593,000 - $656,000
$2,551/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Listed for sale | $650,000$547/sqft |
Source:  NWMLS as distributed by MLS GRID #2545493 Report a problem | ||
| 11/6/2025 | Listing removed | $2,450$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/20/2025 | Listed for rent | $2,450+36.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/19/2017 | Listing removed | $1,800$2/sqft |
Source: Owner Report a problem | ||
| 10/8/2017 | Listed for rent | $1,800$2/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,525 +6.6% | $533,600 +8.3% |
| 2023 | $4,247 -3.8% | $492,600 -4.5% |
| 2022 | $4,412 +8.5% | $515,800 +26.1% |
| 2021 | $4,065 +20.5% | $409,200 +21.1% |
| 2019 | $3,373 -1.4% | $337,900 +11.1% |
| 2018 | $3,420 +10.6% | $304,100 +13.3% |
| 2017 | $3,092 +16.7% | $268,500 +21.2% |
| 2016 | $2,650 | $221,600 +7.5% |
| 2014 | $2,650 -0.9% | $206,100 +6.6% |
| 2013 | $2,674 | $193,400 +1.7% |
| 2012 | -- | $190,200 -18.4% |
| 2011 | -- | $233,000 +28.1% |
| 2009 | $2,544 -2.3% | $181,900 -15% |
| 2008 | $2,602 +8% | $213,900 -9.1% |
| 2007 | $2,410 | $235,300 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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: 98388
Nearby schools
GreatSchools rating
- 6/10Saltars Point Elementary SchoolGrades: 4-5Distance: 0.3 mi
- 7/10Pioneer Middle SchoolGrades: 6-8Distance: 4.9 mi
- 9/10Steilacoom High SchoolGrades: 9-12Distance: 1.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- Pierce County
- Steilacoom
- 98388
- 516 1st Street
Nearby cities
Nearby zip codes
Other Steilacoom Topics
