$1,350,000
Est. $6,976/mo2 bd•2 ba•2,300 sq ft
8641 Fernwood Street Ne, Olympia, WA 98516
• Listed 2026-06-05•3 days on market
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Fabulous architecturally designed waterfront beach house on coveted Johnson Point! This one-owner retreat offers approximately 2,300 SF of thoughtfully designed & carefully crafted living space, blending rustic mountain elegance with breathtaking views of Henderson Inlet. From the moment you enter, soaring vaulted ceilings with exposed beams and Rocky Mountain metal hardware create a warm, inviting atmosphere. The stunning great room is the heart of the home, featuring rich hardwood floors, a dramatic stone-wrapped fireplace & dramatic floor-to-ceiling windows to frame the sparkling saltwater beyond. Window seats invite you to relax and take in the ever-changing scenery. The kitchen is beautiful and functional with cherry cabinetry, gas cooking, a center island, and walk-in pantry - simply perfect. A main-level ¾ bath adds convenience for guests. Upstairs, an inviting & whimsical loft-style family room, accessed by a striking staircase, offers cozy reading nooks, a sleeper sofa for added versatility, stone fireplace & BIG views. The lower level includes two spacious bedrooms, a well-designed full bath with tucked-away laundry, plus a 3rd versatile bunk room or office. Finishes throughout include solid six-panel doors, radiant heat, and low-maintenance metal roof. Compact & amazing! Outside, follow the stepping-stone path to your low-bank gravel waterfront complete with bulkhead & room for kayaks. A rare opportunity to own an irreplaceable & very special waterfront escape!
Listed by Jodi Ashline • Coldwell Banker Evergreen
Listing updated: September 4, 2026 at 04:42pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2535087
8641 Fernwood Street Ne, Olympia, WA 98516
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
North Thurston 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.
$8,205 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
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.
$655,000 Sold
3 months ago
3 bd•2.5 ba•~2,363 sq ft•Single Family
8727 Johnson Point Road Ne, Olympia, WA 98516
4%
Under list
—
Days on market
0.4 mi
Distance
$1,050,000 Sold
5 months ago
4 bd•3.25 ba•~2,680 sq ft•Single Family
8939 Buttonwood Lane Ne, Olympia, WA 98516
5%
Under list
—
Days on market
0.3 mi
Distance
$1,100,000 Sold
5 months ago
2 bd•1.5 ba•~1,087 sq ft•Single Family
8947 Buttonwood Ln Ne, Olympia, WA 98516
8%
Under list
—
Days on market
0.3 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 Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 4, 2026 at 04:42pm (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.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (2)
See more →
Open Tue, Sep 8$1,323,000
-$27,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $840K and $1.29M.
Rental earnings
$3,975/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$900,000Last sold price
8733 Johnson Point Road Ne, Olympia, WA 98516
$840,000Last sold price
4803 76th Avenue Ne, Olympia, WA 98516
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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