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  • Listed by: eXp Realty • Rory Pitts • 253-720-5111
    Bought with: Keller Williams Greater 360
    $490,000

    8990 SE Colvos Drive, Olalla, WA 98359

    2beds
    1,080sqft
    Single Family Residence
    Built in 1969
    10,018 Square Feet Lot
    $490,100 Zestimate®
    $454/sqft
    $2,513 Estimated rent

    Home value

    $490,100

    $466,000 - $520,000

    $2,513/mo

    Zestimate® history
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    What's special

    Striking round mirrorWood stoveWooded hillsideReworked floor planCompletely remodeled kitchenBright bedroomsNew roof
    WELCOME HOME to Prospect Point! Tucked into a wooded hillside with community beach access just around the corner, this fully renovated retreat is ready for its next chapter. Step inside to a dramatic vaulted great room, where a soaring wall of windows floods the space with light and frames the treetops beyond. A wood stove sets the mood for cozy Pacific Northwest evenings, while the completely remodeled kitchen, new flooring throughout, and a spa style bath with black fixtures and a striking round mirror show pride in ownership at every turn. Bright bedrooms sit off the main living space, plus a bonus loft above for a home office, studio, or reading nook. Outside, a spacious deck overlooks the sprawling lawn and mature trees, perfect for morning coffee or evening unwinding. This home just completed a full permitted renovation, including a new roof and a reworked floor plan, so all the hard work is already done. Minutes from Olalla, Hwy 16, and easy access to Gig Harbor, Bremerton, and the ferries. Don't miss your chance at this one!

    Zillow last checked:

    Listing updated:

    Listed by:

    Rory Pitts 253-720-5111 rory@lukeandrory.com,

    eXp Realty,

    Duane Weaver 360-649-5484,

    eXp Realty

    Bought with:

    Lindsay Martin, 115842

    Keller Williams Greater 360

    Source: NWMLS as distributed by MLS GRID,MLS#: 2588588MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Main
    Dining room
    • Level: Main
    Entry hall
    • Level: Main
    Great room
    • Level: Main
    Kitchen without eating space
    • Level: Main
    Utility room
    • Level: Main
    Heating
    • Fireplace, Baseboard, Wall Furnace, Electric
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater: Electric
    Features
    • Dining Room, Loft
    • Flooring: Vinyl Plank
    • Windows: Dbl Pane/Storm Window
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning, Main Level: 1, Fireplace
    Interior area
    • Total structure area: 1,080
    • Total interior livable area: 1,080 sqft

    Property

    Parking
    • Parking features: Driveway, RV Parking
    Features
    • Levels: One and One Half
    • Stories: 1
    • Entry location: Main
    • Patio & porch: Dbl Pane/Storm Window, Dining Room, Fireplace, Loft, Vaulted Ceiling(s), Water Heater
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 10,018 Square Feet
    • Dimensions: 84' x 125' x 85' x 44' x 78'
    • Features: Dead End Street, Paved, Cable TV, Deck, High Speed Internet, Outbuildings, RV Parking
    • Topography: Level
    • Residential vegetation: Brush, Garden Space
    Details
    • Parcel number: 48630020130306
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: 1 1/2 Story
    • Property subtype: Single Family Residence
    Materials
    • Wood Products
    • Roof: Composition
    Condition
    • Year built: 1969

    Utilities & green energy

    • Electric: Company: Puget Sound Energy
    • Sewer: Septic Tank
    • Water: Community, Company: Prospect Point Community
    • Utilities for property: Astound, Astound

    Community & HOA

    Community
    • Features: Boat Launch, CCRs, Park
    • Subdivision: Prospect Point
    HOA
    • Services included: See Remarks, Water
    • HOA fee: $955 annually
    Location
    • Region: Olalla

    Financial & listing details

    • Price per square foot: $454/sqft
    • Tax assessed value: $257,590
    • Annual tax amount: $2,324
    • Date on market: 10/1/2026
    • Listing terms: Conventional,FHA,VA Loan
    • Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

    Price history

    DateEventPrice
    11/4/2026Sold$490,000+9.1%$454/sqft
    Source: NWMLS as distributed by MLS GRID #2588588 Report a problem
    10/6/2026Pending sale$449,000$416/sqft
    Source: NWMLS as distributed by MLS GRID #2588588 Report a problem
    10/1/2026Listed for sale$449,000+44.8%$416/sqft
    Source: NWMLS as distributed by MLS GRID #2588588 Report a problem
    3/26/2025Sold$310,000+3.3%$287/sqft
    Source: NWMLS as distributed by MLS GRID #2340358 Report a problem
    3/16/2025Pending sale$300,000$278/sqft
    Source: NWMLS as distributed by MLS GRID #2340358 Report a problem
    3/12/2025Listed for sale$300,000+30.4%$278/sqft
    Source: NWMLS as distributed by MLS GRID #2340358 Report a problem
    4/24/2019Sold$230,000-7.2%$213/sqft
    Source: NWMLS as distributed by MLS GRID #1384604 Report a problem
    2/19/2019Pending sale$247,840$229/sqft
    Source: Better Properties Kitsap #1384604 Report a problem
    1/19/2019Price change$247,840-0.8%$229/sqft
    Source: Better Properties Kitsap #1384604 Report a problem
    12/7/2018Price change$249,840-3.9%$231/sqft
    Source: Better Properties Kitsap #1384604 Report a problem
    11/14/2018Listed for sale$259,950+48.6%$241/sqft
    Source: Better Properties Kitsap #1384604 Report a problem
    4/28/2006Sold$174,900$162/sqft
    Source: NWMLS as distributed by MLS GRID #26028884 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,197 +0.5%$257,590
    2024$2,186 +3.2%$257,590
    2023$2,119 +0.6%$257,590
    2022$2,106 +4.5%$257,590 +24.8%
    2021$2,015 +5.7%$206,380 +11.8%
    2020$1,907 +29.2%$184,530 +20.9%
    2019$1,476 -13.1%$152,580 +18.3%
    2018$1,698 $128,950
    2017$1,698 +15.5%$128,950 +11.1%
    2016$1,470 +1.7%$116,090 +1.8%
    2015$1,445 $114,070 +14.2%
    2014$1,445 +3.2%$99,860
    2013$1,400 +9.5%$99,860 -7.3%
    2012$1,279 +3.8%$107,670 -2.8%
    2011$1,232 +0.9%$110,740 -5.8%
    2010$1,220 +4.2%$117,530 -9%
    2009$1,170 -0.3%$129,150 -3.9%
    2008$1,174 $134,410
    2007-- --
    Find assessor info on the county website

    Neighborhood: 98359

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Olalla Elem
    • Middle: John Sedgwick Jnr Hi
    • High: So. Kitsap 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.

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    Estimated market value

    $490,100

    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

    $490,100