About this home

New listing on the Puget Sound Waterfront! Welcome to your high bank waterfront home with sweeping mountain views with glistening Puget Sound as far as the eye can see. Wildlife watching is abundant from your backyard! A dead end street with access Tolmie State Park and the opportunity for hiking trails. This exceptional property is complete with a brand-new luxury designed carriage house. Ideal flat property perched above the sound with a concrete bulkhead and facing north, it offers the perfect canvas for a custom waterfront estate. The main house is under redevelopment and the seller has already engaged a respected architect who is actively securing permits with the city for a brand new home built on the existing foundation with a slightly expanded footprint. Skip the typical 12-18 months of planning, engineering and shoreline review which has been started. The heavy lifting has begun. While you build, enjoy easy living in the move-in ready carriage house, ideal for full-time living, or guest quarters. Utilities access are already in place with new septic system and new well system. This is the kind of Puget Sound waterfront that rarely comes on the market!

Interior features

Exterior features

Schools

Property details

Heating

Forced Air

Cooling

Forced Air

Parking

Detached Carport

View

Bay, Islands, Mountains, Sound

Lot

Dead End Street, Paved

Water source

Individual Well

Sewer

Septic Tank

Style

Contemporary

Levels

Two

Fireplaces

2

Costs

Price / sq ft

$532

Annual taxes

$10,601 (2026)

Location

Olympia, WA 98516