Rare opportunity to own a beautiful waterfront rambler with panoramic views from every room! This home features new laminate flooring in the living room to the primary bedroom, a new roof, skylight, fresh interior paint, painted decks, and gutters. Cozy up by the gas fireplace or stay cool with the heat pump. The primary bedroom offers a slider leading to breathtaking bay views. With 100 feet of water frontage, a new bulkhead, oyster and steamer beds, a cleaning station, shed, and sprinkler system, this property is perfect for waterfront living. Abundant storage and closet space make it as practical as it is stunning!
Sold
Listed by: BHGRE - Northwest Home Team • Jody L. Hill
Bought with: BHGRE - Northwest Home Team
$1,100,000
5530 Forest Shores Drive NW, Olympia, WA 98502
3beds
1,778sqft
Single Family Residence
Built in 1991
1.33 Acres Lot
$1,120,700 Zestimate®
$619/sqft
$2,851 Estimated rent
Home value
$1,120,700
$1.05M - $1.20M
$2,851/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Jody L. Hill,
BHGRE - Northwest Home Team
Bought with:
Jessica Poulos, 25740
BHGRE - Northwest Home Team
Source: NWMLS as distributed by MLS GRID,MLS#: 2291819
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Heat Pump, Electric
Cooling
- Heat Pump
Appliances
- Included: Dishwasher(s), Refrigerator(s), Stove(s)/Range(s)
Features
- Bath Off Primary, Ceiling Fan(s), Dining Room
- Flooring: Carpet
- Windows: Double Pane/Storm Window
- Number of fireplaces: 1
- Fireplace features: Gas, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,778
- Total interior livable area: 1,778 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace, Wall to Wall Carpet
- Has view: Yes
- View description: Bay, Territorial
- Has water view: Yes
- Water view: Bay
- Waterfront features: Bay/Harbor, Saltwater, Sound
Lot
- Size: 1.33 Acres
- Features: Deck, Outbuildings, Sprinkler System
Details
- Parcel number: 48600000500
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Block
- Roof: Composition
Condition
- Year built: 1991
- Major remodel year: 1994
Utilities & green energy
- Sewer: Septic Tank
- Water: Individual Well
Community & HOA
Community
- Subdivision: Aspinwall
Location
- Region: Olympia
Financial & listing details
- Price per square foot: $619/sqft
- Tax assessed value: $980,000
- Annual tax amount: $9,953
- Date on market: 10/1/2024
- Cumulative days on market: 659 days
- Listing terms: Conventional
- Inclusions: Dishwasher(s), Refrigerator(s), Stove(s)/Range(s)
Price history
| Date | Event | Price |
|---|---|---|
| 3/10/2026 | Listing removed | $3,400$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/19/2026 | Price change | $3,400-2.9%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/15/2026 | Listed for rent | $3,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/4/2024 | Sold | $1,100,000$619/sqft |
Source:  NWMLS as distributed by MLS GRID #2291819 Report a problem | ||
| 9/21/2024 | Pending sale | $1,100,000$619/sqft |
Source: NWMLS as distributed by MLS GRID #2291819 Report a problem | ||
| 9/17/2024 | Listed for sale | $1,100,000$619/sqft |
Source: NWMLS as distributed by MLS GRID #2291819 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,765 +8.2% | $980,000 +9.1% |
| 2023 | $9,953 +18.8% | $898,000 +16.9% |
| 2022 | $8,380 +3% | $768,100 +17.7% |
| 2021 | $8,136 +9% | $652,800 +20.1% |
| 2020 | $7,462 +18.9% | $543,500 -5.2% |
| 2019 | $6,277 +1.1% | $573,200 +13.2% |
| 2018 | $6,211 +4.5% | $506,300 +6.8% |
| 2017 | $5,942 | $474,100 +2.2% |
| 2016 | $5,942 | $464,000 +5.2% |
| 2014 | $5,942 | $441,200 +8.4% |
| 2013 | -- | $407,100 |
| 2012 | $6,233 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $6,154 | -- |
| 2008 | -- | -- |
| 2007 | $6,218 -20.4% | -- |
| 2006 | $7,809 +62.9% | -- |
| 2005 | $4,795 | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
| 2001 | $3,901 +0% | $244,000 |
| 2000 | $3,901 | $244,000 |
Find assessor info on the county website
Neighborhood: 98502
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Nearby schools
GreatSchools rating
- 4/10McLane Elementary SchoolGrades: PK-5Distance: 2.3 mi
- 7/10Thurgood Marshall Middle SchoolGrades: 6-8Distance: 2.4 mi
- 8/10Capital High SchoolGrades: 9-12Distance: 3.3 mi
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Estimated market value
$1,120,700
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Estimated market value
$1,120,700
- Washington
- Thurston County
- Olympia
- 98502
- 5530 Forest Shores Drive NW
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