$624,900
3 bd•2 ba•2,348 sq ft
5411 Steamboat Island Road Nw, Olympia, WA 98502
• Listed 2025-07-02
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Based on information submitted to the MLS GRID as of October 11, 2025 at 04:03am (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Rare opportunity for multifamily or generational living on acreage. This fully updated rambler is turnkey & ready for enjoyment. The property features just over 4 flat & dry acres with an additional dwelling unit at 6030 54th Ave NW that is 2 bed 1 bath and just under 900 sq ft with countless updates to it. Enjoy summer off your back deck with western exposure and ductless heating & cooling inside. Oversized two car garage offers plenty of parking & storage. Ask about a fencing option!
Listed by Justin W. Hjelm • Olympic Sotheby's Int'l Realty
Listing updated: October 11, 2025 at 04:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2398799
$761,000
+$136,100 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $655K and $849K.
Rental earnings
$2,275/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$849,000Last sold price
5201 Nw Scott Road Nw, Olympia, WA 98502

$749,000Last sold price
4046 Rainwood Court Nw, Olympia, WA 98502
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
Neighborhood mobility
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Tonya M. Hennen · Windermere Real Estate Olympia
Olympia is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 11 days.
$899,000 Sold
2 months ago
3 bd•2.5 ba•~3,005 sq ft•Single Family
6102 49th Trail Nw, Olympia, WA 98502
0%
Over list
—
Days on market
0.4 mi
Distance
$1,500,000 Sold
5 months ago
3 bd•3.5 ba•~3,416 sq ft•Single Family
6141 Elizan Drive Nw, Olympia, WA 98502
12%
Under list
—
Days on market
0.8 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Griffin School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.