Private peninsula — a truly exceptional waterfront property including nearly 9 ac of serene natural beauty and approximately 2,500 feet of low-bank saltwater frontage. Surrounded by water on three sides and directly across from the Woodard Bay Nature Preserve, this secluded retreat offers unmatched privacy while remaining just minutes from downtown Olympia. The 3 bedroom 1.75 bath 1,378 ft home offers comfortable living space fully furnished to operate as a successful rental/Airbnb. The home sits nestled among mature evergreens, with panoramic water views from every side. Bulkhead, lofted boathouse, waterside patio fire pit and gazebo. Private lagoon at high tide. Oyster farm and clam sales offer profit with the business lease conveying.
Sold
Listed by: homecoin.com • Jonathan Minerick
Bought with: Olympic Sotheby's Int'l Realty
$1,595,000
7201 Kellogg Drive NE, Olympia, WA 98516
3beds
1,378sqft
Single Family Residence
Built in 1950
8.85 Acres Lot
$1,586,400 Zestimate®
$1,157/sqft
$2,831 Estimated rent
Home value
$1,586,400
$1.48M - $1.71M
$2,831/mo
Zestimate® history
Owner options
List your home for rent
$2,831/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,831/mo
Rent Zestimate®
Refinance and save
$9,632/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$9,632/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Lofted boathouseWaterside patio fire pitPanoramic water viewsLow-bank saltwater frontagePrivate peninsulaSerene natural beautyWaterfront property
Zillow last checked:
Listing updated:
Listed by:
Jonathan Minerick,
homecoin.com
Bought with:
Kyle Kanda, 21001593
Olympic Sotheby's Int'l Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2395465
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Description: Primary
- Level: Main
- Area: 150
- Dimensions: 15 x 10
Bedroom
- Description: second bedroom
- Level: Main
- Area: 132
- Dimensions: 12 x 11
Bedroom
- Description: bedroom and laundry
- Level: Main
- Area: 180
- Dimensions: 15 x 12
Bathroom full
- Description: attached to primary
- Level: Main
- Area: 48
- Dimensions: 8 x 6
Other
- Description: bathroom with shower
- Level: Main
- Area: 48
- Dimensions: 8 x 6
Heating
- Fireplace, Heat Pump, Electric
Cooling
- None
Appliances
- Included: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Water Heater: electric, Water Heater Location: kitchen
Features
- Bath Off Primary
- Flooring: Laminate, Slate, Carpet
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Lower Level: 1, Fireplace
Interior area
- Total structure area: 1,378
- Total interior livable area: 1,378 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Carport, Driveway, Off Street, RV Parking
- Has carport: Yes
- Covered spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Bath Off Primary, Fireplace, Security System, Water Heater
- Has view: Yes
- View description: Bay, Sea, Sound
- Has water view: Yes
- Water view: Bay,Sea,Sound
- Waterfront features: Low Bank, Medium Bank, Bulkhead, Saltwater, Sound
- Frontage length: Waterfront Ft: 2500
Lot
- Size: 8.85 Acres
- Features: Dead End Street, Drought Resistant Landscape, Secluded, Value In Land, Boat House, Cabana/Gazebo, Cable TV, Deck, Gated Entry, High Speed Internet, Moorage, Outbuildings, Patio, RV Parking
- Topography: Sloped
- Residential vegetation: Wooded
Details
- Parcel number: 57200001500
- Zoning description: Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete, Slab
- Roof: Composition
Condition
- Year built: 1950
- Major remodel year: 1950
Utilities & green energy
- Sewer: Septic Tank
- Water: Individual Well
Community & HOA
Community
- Security: Security System
- Subdivision: Olympia
Location
- Region: Olympia
Financial & listing details
- Price per square foot: $1,157/sqft
- Tax assessed value: $1,195,200
- Annual tax amount: $13,208
- Date on market: 8/14/2025
- Cumulative days on market: 342 days
- Listing terms: Conventional
- Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 7/18/2025 | Sold | $1,595,000+2.9%$1,157/sqft |
Source:  NWMLS as distributed by MLS GRID #2395465 Report a problem | ||
| 6/30/2025 | Pending sale | $1,550,000$1,125/sqft |
Source: NWMLS as distributed by MLS GRID #2395465 Report a problem | ||
| 6/30/2025 | Listed for sale | $1,550,000$1,125/sqft |
Source: NWMLS as distributed by MLS GRID #2395465 Report a problem | ||
| 6/24/2025 | Pending sale | $1,550,000$1,125/sqft |
Source: NWMLS as distributed by MLS GRID #2395465 Report a problem | ||
| 6/21/2025 | Listed for sale | $1,550,000+133.1%$1,125/sqft |
Source: NWMLS as distributed by MLS GRID #2395465 Report a problem | ||
| 10/6/2024 | Listing removed | $3,300$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/28/2024 | Listed for rent | $3,300$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/29/2010 | Sold | $665,000$483/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $13,209 +10.6% | $1,195,200 -3.1% |
| 2023 | $11,939 +24.7% | $1,234,000 +26.8% |
| 2022 | $9,571 -1.4% | $973,100 +17.9% |
| 2021 | $9,708 +22.9% | $825,300 +33.2% |
| 2020 | $7,897 -12.1% | $619,800 -32.2% |
| 2019 | $8,981 -19.4% | $914,200 +13.6% |
| 2018 | $11,147 +21.1% | $804,700 +37.1% |
| 2017 | $9,201 | $587,000 -8.9% |
| 2016 | $9,201 | $644,650 -5.9% |
| 2014 | $9,201 | $685,100 -2.3% |
| 2013 | -- | $700,900 |
| 2012 | $9,293 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $12,404 | -- |
| 2008 | -- | -- |
| 2007 | $12,032 -4.2% | -- |
| 2006 | $12,557 +32.7% | -- |
| 2005 | $9,462 | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
| 2001 | $5,411 -3.1% | $338,200 |
| 2000 | $5,584 | $338,200 |
Find assessor info on the county website
Neighborhood: 98516
Nearby homes
- $125,0000.982 Acres7027 Kellogg Dr NE, Olympia, WA 98516Sold
- $155,0000.975 Acres7047 Kellogg Dr NE, Olympia, WA 98516Lot/Land
- $810,0003 bd2 ba2.2k sqft6949 Kellogg Dr NE, Olympia, WA 98516Sold
- $915,0002 bd2 ba2.4k sqft6901 Kellogg Dr NE, Olympia, WA 98516Sold
- $1,600,0004 bd3 ba2.9k sqft4305 68th Ave NE, Olympia, WA 98516Sold
- $526,0003 bd2 ba1.7k sqft7129 Johnson Point Rd NE, Olympia, WA 98516Sold
- $1,430,0004 bd5 ba4.7k sqft4721 68th Ave NE, Olympia, WA 98516Sold
- $575,0004 bd3 ba1.8k sqft7044 Johnson Point Rd NE, Olympia, WA 98516Sold
Nearby schools
GreatSchools rating
- 8/10South Bay Elementary SchoolGrades: PK-5Distance: 3.4 mi
- 5/10Chinook Middle SchoolGrades: 6-8Distance: 5.6 mi
- 7/10North Thurston High SchoolGrades: 9-12Distance: 5.7 mi
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
$1,586,400
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
$1,586,400
- Washington
- Thurston County
- Olympia
- 98516
- 7201 Kellogg Drive NE
Nearby cities
Nearby zip codes
Other Olympia Topics
