This one of a kind, artist built beach home offers stunning panoramic views of Mt. Rainier & Puget Sound from nearly every room including the expansive, private primary suite. Surrounded by nature and perched above the water, the home features a wrap around deck perfect for taking in the ever-changing scenery. Inside the open concept layout is designed for both comfort & creativity with unique architectural touches throughout. The attached ground floor studio suite is fully equipped with its own entrance, kitchen & bath, ideal as a cozy guest space or income - generating rental. Conveniently located near major thoroughfares, premier golf courses & exclusive beach access, this home blends lifestyle and location effortlessly.,
Sold
Listed by: eXp Realty • Ronald Rougeaux
Bought with: eXp Realty
$773,000
5225 Illahee Lane NE, Olympia, WA 98516
3beds
2,706sqft
Single Family Residence
Built in 1992
0.64 Acres Lot
$772,000 Zestimate®
$286/sqft
$1,376 Estimated rent
Home value
$772,000
$718,000 - $834,000
$1,376/mo
Zestimate® history
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$4,915/mo
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Zillow last checked:
Listing updated:
Listed by:
Ronald Rougeaux,
eXp Realty
Bought with:
Ronald Rougeaux, 20109842
eXp Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2405052
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 5
- Full bathrooms: 3
- 3/4 bathrooms: 2
- Main level bathrooms: 3
- Main level bedrooms: 2
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Heating
- Fireplace, 90%+ High Efficiency, Forced Air, Stove/Free Standing, Electric, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Features
- Bath Off Primary, Dining Room
- Flooring: Ceramic Tile, Hardwood, Carpet
- Doors: French Doors
- Windows: Double Pane/Storm Window
- Basement: Finished
- Number of fireplaces: 1
- Fireplace features: Main Level: 1, Fireplace
Interior area
- Total structure area: 2,706
- Total interior livable area: 2,706 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage
- Attached garage spaces: 2
Features
- Levels: Multi/Split
- Patio & porch: Second Kitchen, Bath Off Primary, Double Pane/Storm Window, Dining Room, Fireplace, French Doors, Jetted Tub, Vaulted Ceiling(s), Walk-In Closet(s)
- Spa features: Bath
- Has view: Yes
- View description: Bay, Canal, Strait, Territorial
- Has water view: Yes
- Water view: Bay,Canal,Strait
Lot
- Size: 0.64 Acres
- Features: Dead End Street, Paved, Cable TV, Deck, Gas Available, Patio
- Topography: Level
- Residential vegetation: Brush, Fruit Trees, Garden Space, Wooded
Details
- Parcel number: 55540000500
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Multi Level
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Metal
Condition
- Year built: 1992
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: Septic
- Water: Public, Company: City of Lacey
Community & HOA
Community
- Subdivision: Meridian
HOA
- HOA fee: $150 annually
Location
- Region: Olympia
Financial & listing details
- Price per square foot: $286/sqft
- Tax assessed value: $766,200
- Annual tax amount: $8,128
- Date on market: 9/5/2025
- Cumulative days on market: 320 days
- Listing terms: Conventional,VA Loan
- Inclusions: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Listing removed | $1,200 |
Source: Zillow Rentals Report a problem | ||
| 7/9/2026 | Listed for rent | $1,200-22.6% |
Source: Zillow Rentals Report a problem | ||
| 10/6/2025 | Listing removed | $1,550$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/23/2025 | Listed for rent | $1,550+73.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/19/2025 | Sold | $773,000-0.2%$286/sqft |
Source:  NWMLS as distributed by MLS GRID #2405052 Report a problem | ||
| 8/28/2025 | Pending sale | $774,900$286/sqft |
Source: NWMLS as distributed by MLS GRID #2405052 Report a problem | ||
| 7/28/2025 | Price change | $774,900-3%$286/sqft |
Source: NWMLS as distributed by MLS GRID #2405052 Report a problem | ||
| 7/15/2025 | Listed for sale | $799,000+68.2%$295/sqft |
Source: NWMLS as distributed by MLS GRID #2405052 Report a problem | ||
| 6/5/2020 | Listing removed | $895 |
Source: Hometown Property Management Report a problem | ||
| 6/4/2020 | Listed for rent | $895 |
Source: Zillow Rental Network Report a problem | ||
| 11/15/2017 | Sold | $475,000-4.2%$176/sqft |
Source: NWMLS as distributed by MLS GRID #1174052 Report a problem | ||
| 9/26/2017 | Pending sale | $495,950$183/sqft |
Source: Blue Summit Realty LLC #1174052 Report a problem | ||
| 9/5/2017 | Price change | $495,950-4.6%$183/sqft |
Source: Blue Summit Realty LLC #1174052 Report a problem | ||
| 8/5/2017 | Listed for sale | $519,950+4.2%$192/sqft |
Source: Olympia #1079474 Report a problem | ||
| 6/24/2017 | Listing removed | $499,000$184/sqft |
Source: Keller Williams Realty #1079474 Report a problem | ||
| 2/28/2017 | Price change | $499,000+11%$184/sqft |
Source: Keller Williams - Olympia #1079474 Report a problem | ||
| 4/4/2014 | Price change | $449,500-0.1%$166/sqft |
Source: Owner #29139347 Report a problem | ||
| 1/27/2014 | Listed for sale | $450,000$166/sqft |
Source: Owner #29139347 Report a problem | ||
| 12/25/2013 | Listing removed | $450,000$166/sqft |
Source: Owner Report a problem | ||
| 9/27/2013 | Listed for sale | $450,000$166/sqft |
Source: Owner Report a problem | ||
| 1/18/2013 | Listing removed | $450,000$166/sqft |
Source: Owner #29139347 Report a problem | ||
| 6/9/2012 | Listed for sale | $450,000$166/sqft |
Source: Owner #29139347 Report a problem | ||
| 2/26/2012 | Listing removed | $450,000$166/sqft |
Source: Owner #29139347 Report a problem | ||
| 8/23/2011 | Price change | $450,000+0.1%$166/sqft |
Source: Owner #29139347 Report a problem | ||
| 8/9/2011 | Listed for sale | $449,500-0.1%$166/sqft |
Source: Owner #29139347 Report a problem | ||
| 6/5/2011 | Listing removed | $450,000$166/sqft |
Source: TNC #41910 Report a problem | ||
| 5/6/2011 | Listed for sale | $450,000$166/sqft |
Source: TNC #41910 Report a problem | ||
| 4/15/2005 | Sold | $450,000+56.5%$166/sqft |
Source: NWMLS as distributed by MLS GRID #24167870 Report a problem | ||
| 6/27/1997 | Sold | $287,500$106/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,128 +13.4% | $766,200 +4.7% |
| 2023 | $7,165 -0.1% | $731,800 +0.7% |
| 2022 | $7,169 +1.3% | $727,000 +22.6% |
| 2021 | $7,078 +9.6% | $593,100 +17.7% |
| 2020 | $6,457 +13.9% | $503,800 -0.7% |
| 2019 | $5,671 -23.2% | $507,400 +1.4% |
| 2018 | $7,380 +14.1% | $500,500 +7.2% |
| 2017 | $6,469 | $467,000 -0.9% |
| 2016 | $6,469 | $471,150 -1.2% |
| 2014 | $6,469 | $476,650 +8.5% |
| 2013 | -- | $439,150 |
| 2012 | $5,125 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $5,513 | -- |
| 2008 | -- | -- |
| 2007 | $5,532 -28.3% | -- |
| 2006 | $7,713 | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
| 2001 | $3,910 +2.5% | $245,200 +4.7% |
| 2000 | $3,815 | $234,250 |
Find assessor info on the county website
Neighborhood: 98516
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Nearby schools
GreatSchools rating
- 7/10Olympic View Elementary SchoolGrades: K-5Distance: 3.6 mi
- 5/10Salish Middle SchoolGrades: 6-8Distance: 1.9 mi
- 4/10River Ridge High SchoolGrades: 9-12Distance: 3.5 mi
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Estimated market value
$772,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$772,000
- Washington
- Thurston County
- Olympia
- 98516
- 5225 Illahee Lane NE
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