Listed by RE/MAX Connect
$2,300,000

3534 Gravelly Beach Loop NW Olympia, WA 98502

Estimated payment $14,003/month

Total Views 2,135
2 Beds
3.5 Baths
5,628 Sq Ft
$409 Price per Sq Ft

Highlights

  • Very Popular Property
  • Views of a Sound
  • Second Kitchen
  • 112 Feet of Waterfront
  • Greenhouse
  • Two Primary Bedrooms

About This Home

Magnificent opportunity!! The complete package awaits you at this exemplary no bank, Eld Inlet waterfront estate on Flapjack Point. Desirable Steamboat Island location on Gravelly Beach Loop. Popular Griffin School District. 180 degree views from one of the finest beaches in Thurston County. The possibilities are endless with this one owner home. Love living here. Vacation everyday. Primary home offers a traditional floorplan with an attached 2 car garage & basement garage for extra storage. Detached 3 car shop for all the extra toys, cars or boats, plus a fully functional 1000+/- sq ft studio. Truly a one of a kind Pacific NW site with a cape cod style architectural flair. 70' private boat launch, a moorage buoy & tidelands included!

Listing Agent

Lisa Lageschulte

RE/MAX Connect License #41542 Listed on: 07/21/2025

RE/MAX Connect

Co-Listing Agent

Phil Harlan

Keller Williams South Sound License #2596

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2410322

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,597

Year Built

  • Built in 2002

Lot Details

  • 0.75 Acre Lot
  • 112 Feet of Waterfront
  • Ocean Front
  • Home fronts a sound
  • Northeast Facing Home
  • Level Lot
  • Sprinkler System
  • Garden
  • Value in Land
  • Property is in very good condition

Parking

  • 5 Car Garage
  • Driveway
  • Off-Street Parking

Property Views

  • Views of a Sound
  • Bay
  • Territorial

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 5,628 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • 1 Fireplace
  • French Doors
  • Dining Room
  • Finished Basement
  • Natural lighting in basement
  • Storm Windows

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Central Living Area
  • Accessible Approach with Ramp
  • Accessible Entrance

Outdoor Features

  • Deck
  • Patio
  • Greenhouse
  • Gazebo
  • Outbuilding

Schools

  • Griffin Elementary School
  • Griffin Mid Middle School
  • Capital High School

Utilities

  • High Efficiency Air Conditioning
  • Forced Air Heating System
  • High Efficiency Heating System
  • Heat Pump System
  • Generator Hookup
  • Propane
  • Well
  • Hot Water Circulator
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Gravelly Beach Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 12929132000

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,597

Year Built

Built in 2002

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Accessibility Features: Accessible Approach with Ramp, Accessible Bath, Accessible Bedroom, Accessible Central Living Area, Accessible Entrance
  • Year Built: 2002
  • Inclusions: Dishwasher(s),Garbage Disposal,Leased Equipment,Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • MLS Status: Active
  • Prev Status: Active
  • Architectural Style: Cape Cod
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 6636
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 17

Interior Features

  • Fireplaces: 1
  • Basement: Daylight, Finished
  • Appliances: Dishwasher(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: See Remarks
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, See Remarks, Vinyl, Carpet
  • Interior Amenities: Second Kitchen, Second Primary Bedroom, Bath Off Primary, Built-In Vacuum, Double Pane/Storm Window, Dining Room, Fireplace, French Doors, High Tech Cabling, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Water Heater, Wet Bar, Wired for Generator
  • Living Area: 5628
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Bathrooms: 3.25
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 5628
  • SquareFootageUnfinished: 1008
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 4

Exterior Features

  • Roof: Composition
  • View: Bay, Sound, Territorial
  • Lot Features: Paved, Value In Land
  • View: Yes
  • Waterfront Features: Bayfront, No Bank, Saltwater, Sea, Sound
  • Waterfront: Yes
  • Construction Type: Wood
  • Direction Faces: Northeast
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: false
  • ConstructionMethods: Standard Frame
  • WaterfrontFootage: 112'
  • WaterAccess: Beach Rights,Deeded Access,Tideland Rights

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 5
  • Garage Spaces: 5
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Detached Garage, Off Street
  • Total Parking Spaces: 5

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Cooling: 90%+ High Efficiency, Heat Pump
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Forced Air, Heat Pump, Hot Water Recirc Pump
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Private On-Site Septic System
  • WaterCompany: Private Individual Well
  • WaterHeaterLocation: Main Garage
  • WaterHeaterType: Propane - recirculating
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Not Applicable
  • Association: No

Schools

  • Junior High Dist: Griffin
  • High School: Capital High
  • Middle Or Junior School: Griffin Mid School

Lot Info

  • Parcel Number: 12929132000
  • Topography: Level,Partial Slope,Sloped,Steep Slope
  • Land Lease: No
  • Lot Size Acres: 0.75
  • Lot Size: irregular shape
  • Lot Size Sq Ft: 32670
  • Zoning: Residential
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cabana/Gazebo,Cable TV,Deck,Green House,High Speed Internet,Moorage,Outbuildings,Patio,Propane,Shop,Sprinkler System
  • MLSLotSizeSource: TC Assessor
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: County
  • LotNumber: 2

Green Features

  • Power Production Type: Electric, Propane

Tax Info

  • Year: 2025
  • Tax Annual Amount: 15597

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: Griffin Elem

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $14,162 $2,008,800 $711,800 $1,297,000
2023 $14,162 $1,876,700 $545,300 $1,331,400
2022 $13,749 $2,045,400 $438,500 $1,606,900
2021 $10,985 $1,539,700 $403,000 $1,136,700
2020 $11,323 $1,182,600 $382,400 $800,200
2019 $10,028 $1,060,300 $398,800 $661,500
2018 $10,905 $923,100 $320,400 $602,700
2017 $12,277 $1,063,750 $215,950 $847,800
2016 $11,061 $1,016,600 $263,100 $753,500
2014 -- $945,250 $265,850 $679,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 For Sale $2,300,000 -- $409 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 Fannie Mae Freddie Mac
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2410322

Northwest Multiple Listing Service (NWMLS)

APN: 12929132000