Listed by Keller Williams Greater 360, Bought with Engel & Voelkers Mercer Island
$864,000
SOLD SEP 8, 2025

111 E Olympic Palisades Dr Belfair, WA 98528

2 Beds
2 Baths
2,185 Sq Ft
2.26 Acres

Recently Sold

$395 Per Sq Ft

1% Below List Price

Highlights

  • Ocean View
  • RV Access or Parking
  • Deck
  • Second Kitchen
  • Fruit Trees
  • Secluded Lot

About This Home

As of September 2025

Welcome to Olympic Palisades! Set on over 2 acres along a private road, this property offers a 2,145 sq. ft. main home and a 2-bedroom guest house—ideal for multi-generational living. Vaulted ceilings and expansive windows showcase stunning views of the Olympic Mountains, fjord, and beautiful landscaping. Custom cabinetry, counters, and tile extend throughout. The luxurious owner’s suite features a private balcony, heated floors, dual walk-in closets, jetted tub, and spacious shower. Extras include a workshop, sports court, fenced lawn, and fruit trees.

Last Agent to Sell the Property

Joshua Phillips

Keller Williams Greater 360 License #27982 Listed on: 07/23/2025

Keller Williams Greater 360

Last Buyer's Agent

Yvonne Welty

Engel & Voelkers Mercer Island License #138283

Engel & Voelkers Mercer Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2411488

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,155

Year Built

  • Built in 1989

Lot Details

  • 2.26 Acre Lot
  • Street terminates at a dead end
  • West Facing Home
  • Dog Run
  • Brush Vegetation
  • Secluded Lot
  • Corner Lot
  • Level Lot
  • Fruit Trees
  • Garden
  • Property is in very good condition

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway
  • RV Access or Parking

Property Views

  • Ocean
  • Views of a Sound
  • Bay
  • Canal
  • Mountain

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,185 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Dining Room
  • Loft

Kitchen

  • Second Kitchen
  • Walk-In Pantry
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Sport Court
  • Deck
  • Patio
  • Outbuilding

Additional Homes

  • ADU includes 2 Bedrooms and 1 Bathroom

Schools

  • Belfair Elementary School
  • Hawkins Mid Middle School
  • North Mason Snr High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Generator Hookup
  • Propane
  • Shared Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Belfair Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 222147690012

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,155

Year Built

Built in 1989

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 1989
  • Inclusions: Dishwasher(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: See Remarks
  • Unit Levels: One and One Half
  • New Construction: No
  • CalculatedSquareFootage: 3959
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Basement: None
  • Appliances: Dishwasher(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Second Kitchen, Bath Off Primary, Ceiling Fan(s), Dining Room, Jetted Tub, Loft, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Wired for Generator
  • Living Area: 2185
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Bathrooms: 2
  • BathsFullMain: 2
  • SquareFootageFinished: 2185
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • ADUBaths: 1
  • ADUBeds: 2
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Bay, Canal, Mountain(s), Ocean, Sound
  • Lot Features: Corner Lot, Dead End Street, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Direction Faces: West
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: false
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Detached Garage, RV Parking
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Community, Shared Well
  • Cooling: Central A/C, Forced Air
  • Cooling Y N: Yes
  • Heating: Fireplace Insert, Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: Mason PUD #3
  • SewerCompany: Septic
  • WaterCompany: OPRWA
  • CableConnected: Astound/Wave Broadband
  • InternetConnected: Astound

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 345
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: North Mason #403
  • High School: North Mason Snr High
  • Middle Or Junior School: Hawkins Mid

Lot Info

  • Parcel Number: 222147690012
  • Topography: Level,Partial Slope
  • Land Lease: No
  • Lot Size Acres: 2.26
  • Lot Size Sq Ft: 98446
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Athletic Court,Cable TV,Deck,Dog Run,High Speed Internet,Outbuildings,Patio,Propane,RV Parking,Shop
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 6155.06

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: Belfair Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
Mar 2, 2023
Sold by
Evans William G and Evans Barbara M
Bought by
Johnson Kyle and Johnson Molly
Seller's Agent
Terri Arcieri
Silver Services Realty
Buyer's Agent
Joshua Phillips
Keller Williams Greater 360
List Price
$650,000
Sold Price
$790,000
Premium/Discount to List
$140,000
21.54%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$711,000
Outstanding Balance
$689,479
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$210,951
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $790,000 Aegis Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $711,000 New Conventional
Previous Owner $175,000 New Conventional
Previous Owner $202,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 Sold $864,000 -1.3% $395 / Sq Ft
08/05/2025 08/05/25 Pending -- -- --
07/23/2025 07/23/25 For Sale $875,000 +10.8% $400 / Sq Ft
03/08/2023 03/08/23 Sold $790,000 +21.5% $362 / Sq Ft
02/05/2023 02/05/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $650,000 -- $297 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,117 $796,015 $123,695 $672,320
2023 $5,117 $682,950 $105,855 $577,095
2022 $6,147 $670,360 $62,435 $607,925
2021 $4,851 $670,360 $62,435 $607,925
2020 $4,998 $539,880 $62,435 $477,445
2018 $4,668 $400,080 $55,345 $344,735
2017 $4,179 $400,065 $55,330 $344,735
2016 $3,938 $366,090 $52,695 $313,395
2015 $3,866 $347,750 $66,750 $281,000
2014 -- $336,415 $69,750 $266,665
2013 -- $321,150 $48,750 $272,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2411488

Northwest Multiple Listing Service (NWMLS)

APN: 22214-76-90012