Don’t miss your opportunity to own this rare 261 +/- feet of low bank waterfront! Welcome to this charming 2-bedroom cabin, which features a warm and inviting ambiance, perfect for creating lasting memories. The wood-burning fireplace adds a touch of coziness, making it an ideal spot to relax after a day of outdoor adventures. Wake up each morning to breathtaking sunrises and unwind in the evenings while taking in the spectacular sunsets, all from the comfort of your own home. The property includes a generously sized 28x28 boathouse, perfect for storing your watercraft and gear. Spend your weekends exploring the tranquil waters, fishing, or kayaking—your options are endless. With a fully installed septic system and well, you’ll enjoy the convenience of hassle-free living, letting you focus on making the most of your time by the water. Surrounded by lush greenery and the serene sounds of wildlife, this property offers a true escape from the everyday hustle. Embrace the tranquility and beauty of nature, right outside your door! This stunning cabin on Eld Inlet is more than just a home; it’s a lifestyle filled with adventure and relaxation. Don’t miss your chance to own this waterfront gem, start living the life you’ve always dreamed of & embrace the tranquility and beauty of nature, right outside your door!
Active
Listed by: Olympic Sotheby's Int'l Realty
Price cut: $150K (6/26)
$875,000
5321 Sunrise Beach Road NW, Olympia, WA 98502
2beds
776sqft
Single Family Residence
Built in 1963
0.83 Acres Lot
$839,500 Zestimate®
$1,128/sqft
$-- HOA
What's special
Wood-burning fireplaceSpectacular sunsetsWarm and inviting ambianceBreathtaking sunrisesSurrounded by lush greenerySerene sounds of wildlife
- 75 days |
- 506 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
Barbara A. Furman,
Olympic Sotheby's Int'l Realty,
Katie Carter,
Olympic Sotheby's Int'l Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2507296
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Lower
Bedroom
- Level: Lower
Bathroom full
- Level: Lower
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen without eating space
- Level: Main
Living room
- Level: Main
Heating
- Fireplace, Baseboard, Electric, Wood
Cooling
- None
Appliances
- Included: Stove(s)/Range(s), Water Heater: Electric, Water Heater Location: Closet
Features
- Flooring: Laminate, Carpet
- Basement: Unfinished
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 776
- Total interior livable area: 776 sqft
Video & virtual tour
Property
Parking
- Parking features: None
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Fireplace, Water Heater
- Has view: Yes
- View description: Bay, Mountain(s)
- Has water view: Yes
- Water view: Bay
- Waterfront features: Medium Bank, Bayfront, Saltwater, Sound
- Frontage length: Waterfront Ft: 261
Lot
- Size: 0.83 Acres
- Features: Value In Land, Boat House
- Topography: Level,Partial Slope
Details
- Parcel number: 13936440701
- Special conditions: Standard
- Other equipment: Leased Equipment: e
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1963
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: Septic
- Water: Shared Well, Company: Shared Well
Community & HOA
Community
- Subdivision: Steamboat Island
Location
- Region: Olympia
Financial & listing details
- Price per square foot: $1,128/sqft
- Tax assessed value: $502,100
- Annual tax amount: $3,342
- Date on market: 4/14/2026
- Cumulative days on market: 77 days
- Listing terms: Conventional
- Inclusions: Leased Equipment, Stove(s)/Range(s)
Estimated market value
$839,500
$798,000 - $881,000
$1,786/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Price change | $875,000-14.6%$1,128/sqft |
Source:  NWMLS as distributed by MLS GRID #2507296 Report a problem | ||
| 4/15/2026 | Listed for sale | $1,025,000$1,321/sqft |
Source: NWMLS as distributed by MLS GRID #2507296 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,156 -35.5% | $502,100 +17.3% |
| 2023 | $3,342 -1.8% | $428,200 +0.2% |
| 2022 | $3,403 -16.3% | $427,500 -3.6% |
| 2021 | $4,064 +15.1% | $443,400 +19.9% |
| 2020 | $3,532 +4% | $369,700 +1.8% |
| 2019 | $3,398 -10.4% | $363,200 +15.6% |
| 2018 | $3,793 +11.4% | $314,100 +28.2% |
| 2017 | $3,405 | $245,100 -14% |
| 2016 | $3,405 | $285,150 +0.5% |
| 2014 | $3,405 | $283,750 +2.2% |
| 2013 | -- | $277,550 |
| 2012 | $3,557 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $2,809 | -- |
| 2008 | -- | -- |
| 2007 | $3,317 -20.4% | -- |
| 2006 | $4,168 +58.2% | -- |
| 2005 | $2,635 | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
| 2001 | $2,297 -3.6% | $177,900 |
| 2000 | $2,383 | $177,900 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 98502
Nearby schools
GreatSchools rating
- 8/10Griffin SchoolGrades: PK-8Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Griffin Elem
- Middle: Griffin Mid School
- High: Capital 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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Washington
- Thurston County
- Olympia
- 98502
- 5321 Sunrise Beach Road NW
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