$1,565,000
Est. $8,087/mo4 bd•3.25 ba•3,524 sq ft
5325 Illahee Lane Ne, Olympia, WA 98516
• Listed 2026-09-02•1 day on market
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A 4-bedroom, 4-bath waterfront estate at the end of a quiet lane on Olympia's waterfront community of Hogum Bay Heights. Water views of De Wolf Bight and Hogum Bay stretch across the home. Two levels, a 3-car garage, and a private den with its own en-suite bath — room for guests, a home office, or both. Outside: professionally landscaped gardens, curated local art, and winding paths leading past shady sit-and-rest spots straight down to the water. The expansive deck was built for one thing: long, unhurried evenings watching the tide change. The home and grounds have been meticulously maintained, inside and out. Set in the North Thurston School District along South Puget Sound, minutes from kayaking, boating, and the quiet trails of Woodard Bay Natural Resources Conservation Area, with downtown Olympia's restaurants, shops, and the Capitol Campus a short drive further. Direct water frontage on Hogum Bay rarely comes up. This premier listing offers privacy, craftsmanship, and one of Thurston County's best water views, all at one address.
Listed by Steve McNamer • Windermere Prof Partners
Listing updated: September 6, 2026 at 08:27am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2576083
5325 Illahee Lane 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
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
$9,028 per month
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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.
$530,000 Sold
3 months ago
3 bd•1.75 ba•~1,480 sq ft•Single Family
4802 Delores Drive Ne, Olympia, WA 98516
2%
Under list
—
Days on market
0.5 mi
Distance
$750,000 Sold
3 months ago
2 bd•1.75 ba•~2,083 sq ft•Single Family
8327 Vashon Drive Ne, Lacey, WA 98516
3%
Under list
—
Days on market
0.8 mi
Distance
$780,000 Sold
4 months ago
3 bd•2 ba•~2,013 sq ft•Single Family
8317 Ne 52nd Avenue Ne, Lacey, WA 98516
3%
Over list
—
Days on market
1.0 mi
Distance
$605,000 Sold
5 months ago
3 bd•2.5 ba•~2,038 sq ft•Single Family
4633 Gunvor Court Ne, Olympia, WA 98516
1%
Over list
—
Days on market
0.9 mi
Distance
$965,000 Sold
5 months ago
3 bd•2.75 ba•~2,440 sq ft•Single Family
4716 D'milluhr Drive Ne, Olympia, WA 98516
0%
Over list
—
Days on market
0.9 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 6, 2026 at 08:27am (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$1,534,000
-$31,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $860K and $1.05M.
Rental earnings
$4,600/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$950,000Last sold price
5400 Crestview Loop Ne, Olympia, WA 98516
$1,050,000Last sold price
4716 Center Lane 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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