Acreage in the county with rare waterfront potential—this is the perfect setting for your custom vision! Expansive 8.6-acre estate property offering a blank canvas in a highly sought-after location. Featuring 309' of frontage on Steamboat Island Rd NW, 1176' depth on the north side, 1272' on the south, and approx. 50' of waterfront on Sanderson Inlet at the far end of the property, this parcel delivers exceptional opportunity for development or private retreat. The inlet frontage is tide-influenced and typically full at high tide. Property was fully cleared in recent years. A prime investment opportunity in the desirable Griffin School District—explore the possibilities and bring your plans!
Active
Listed by: RE/MAX Parkside Affiliates
$270,000
8600 Steamboat Island Road NW, Olympia, WA 98502
--beds
--baths
8.65Acres
Unimproved Land
Built in ----
8.65 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 54 days |
- 197 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Anya L. Myer,
RE/MAX Parkside Affiliates,
Jim Bennett,
RE/MAX Parkside Affiliates
Source: NWMLS as distributed by MLS GRID,MLS#: 2517767
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Features
- On waterfront: Yes
- Waterfront features: Saltwater, Sound
- Frontage length: Waterfront Ft: 50/Bank-Medium
Lot
- Size: 8.65 Acres
- Dimensions: 1272 x 323 x 309 x 1176
- Features: Paved, Brush, Lightly Treed
- Topography: Level
Details
- Parcel number: 72000001600
- Zoning description: Residential,Jurisdiction: County
- Special conditions: Standard
Utilities & green energy
- Electric: In Street
- Gas: Not Available
- Sewer: Not Available
- Water: Well Needed
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: Steamboat Island
Location
- Region: Olympia
Financial & listing details
- Tax assessed value: $240,600
- Annual tax amount: $2,486
- Date on market: 5/7/2026
- Cumulative days on market: 55 days
- Listing terms: Conventional
Estimated market value
Not available
Estimated sales range
Not available
$2,195/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Listed for sale | $270,000+50% |
Source:  NWMLS as distributed by MLS GRID #2517767 Report a problem | ||
| 7/18/2022 | Sold | $180,000-5.3% |
Source: NWMLS as distributed by MLS GRID #1843641 Report a problem | ||
| 5/25/2022 | Pending sale | $190,000 |
Source: NWMLS as distributed by MLS GRID #1843641 Report a problem | ||
| 5/4/2022 | Price change | $190,000-24% |
Source: NWMLS as distributed by MLS GRID #1843641 Report a problem | ||
| 11/6/2021 | Pending sale | $250,000 |
Source: NWMLS as distributed by MLS GRID #1843641 Report a problem | ||
| 10/15/2021 | Price change | $250,000-9.1% |
Source: NWMLS as distributed by MLS GRID #1843641 Report a problem | ||
| 9/23/2021 | Listed for sale | $275,000 |
Source: NWMLS as distributed by MLS GRID #1843641 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,572 -7% | $240,600 -10.1% |
| 2023 | $1,690 +23.8% | $267,600 +27.5% |
| 2022 | $1,365 +7.4% | $209,900 +26% |
| 2021 | $1,271 +2.7% | $166,600 +13.1% |
| 2020 | $1,238 +10.4% | $147,300 +6.7% |
| 2019 | $1,121 -15% | $138,100 +17.1% |
| 2018 | $1,319 +5.7% | $117,900 +1.2% |
| 2017 | $1,248 | $116,550 -4.7% |
| 2016 | $1,248 | $122,250 |
| 2014 | $1,248 -10.7% | $122,250 |
| 2007 | $1,397 -7.4% | -- |
| 2006 | $1,510 | -- |
| 2005 | -- | -- |
| 2002 | -- | -- |
| 2001 | $940 -3.2% | $82,200 |
| 2000 | $971 | $82,200 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
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: 6.3 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
- 8600 Steamboat Island Road NW
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