$540,000
Listed at $550,0001 bd•560 sq ft
5025 Mud Bay Road Nw, Olympia, WA 98502
• Listed 2025-11-04
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 15, 2026 at 02:02pm (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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Location! Location! Location! This turn-key, just shy of an acre, serene oasis features a charming 560 square-foot cottage and an adjacent almost 500 square-foot deluxe studio filled with natural light! Both buildings contain custom finishes and spectacular views along a private dock ideal for kayaking, fishing or simply soaking in nature. This flexible-use property has great flow for gatherings along with a generous studio loft perfect for an office, guest area or peaceful mediation room. Whether you’re seeking a private waterfront retreat, an artist’s studio, an Airbnb or event venue, this property offers it all. Priced to sell & Ready to Impress! See Video!
Listed by Tisha Forsythe • Keller Williams South Sound
Listing updated: May 15, 2026 at 02:02pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2451669
Open houses
No upcoming open houses scheduled for this property.
$410,000
-$130,000 under list price
Nearby comparable homes
RexMont uses 4 strongest recent nearby sales, priced between $325K and $595K.
Rental earnings
$1,225/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$540,000Last sold price
5025 Mud Bay Road Nw, Olympia, WA 98502
$595,000Last sold price
3223 Aspinwall Road 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.
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Olympia is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 10 days.
$540,000 Sold
4 weeks ago
1 bd•~560 sq ft
5025 Mud Bay Road Nw, Olympia, WA 98502
2%
Under list
—
Days on market
0.1 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
Olympia 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.
