Listed by Virgil Adams Real Estate, Inc.
PENDING
$85K PRICE DROP
8031 Kerbaugh Rd NE Olympia, WA 98516
Estimated payment $5,407/month
Total Views
40,516
16.47
Acres
$54,948
Price per Acre
717,433
Sq Ft Lot
Highlights
- 500 Feet of Waterfront
- 16.47 Acre Lot
- No HOA
- Views of a Sound
- Secluded Lot
About This Lot
First time on market since the Hoover administration! Ultra-rare large estate-sized and private waterfront parcel on desirable Johnson Point! Splendid views of Henderson Inlet and the Olympics, and approximately 500' of gorgeous gravelly beachfront plus ownership of the tidelands. Zoned 1 unit per 5 acres. There is definitely marketable timber but no timber cruise has been done. This is the perfect palette for your "statement" home!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2031845

Property Details
Property Type
- Land
Est. Annual Taxes
- $7,021
Lot Details
- 16.47 Acre Lot
- 500 Feet of Waterfront
- Home fronts a sound
- Property Fronts a Bay or Harbor
- Street terminates at a dead end
- Secluded Lot
- Level Lot
Property Views
- Views of a Sound
- Bay
- Mountain
Schools
- South Bay Elementary School
- Chinook Mid Middle School
- North Thurston High School
Utilities
- Well Required
- Sewer Not Available
Community Details
- No Home Owners Association
- Johnson Point Subdivision
Listing and Financial Details
- Assessor Parcel Number 11908410103
Map
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Home Values in the Area
Average Home Value in this Area
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 | $7,993 | $906,900 | $906,900 | -- |
2023 | $7,993 | $838,000 | $838,000 | $0 |
2022 | $7,021 | $647,900 | $647,900 | $0 |
2021 | $5,949 | $607,300 | $607,300 | $0 |
2020 | $7,569 | $477,000 | $477,000 | $0 |
2019 | $5,575 | $625,200 | $625,200 | $0 |
2018 | $6,619 | $496,300 | $496,300 | $0 |
2017 | $5,600 | $434,250 | $434,250 | $0 |
2016 | $5,971 | $470,200 | $470,200 | $0 |
2014 | -- | $451,200 | $451,200 | $0 |
Source: Public Records
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/30/2025 07/30/25 | Pending | -- | -- | -- |
05/03/2025 05/03/25 | For Sale | $905,000 | 0.0% | -- |
04/09/2025 04/09/25 | Off Market | $905,000 | -- | -- |
04/13/2024 04/13/24 | For Sale | $905,000 | 0.0% | -- |
03/05/2024 03/05/24 | Pending | -- | -- | -- |
01/17/2024 01/17/24 | For Sale | $905,000 | 0.0% | -- |
01/14/2024 01/14/24 | Off Market | $905,000 | -- | -- |
07/09/2023 07/09/23 | Price Changed | $905,000 | -4.7% | -- |
07/09/2023 07/09/23 | Price Changed | $950,000 | -4.0% | -- |
01/30/2023 01/30/23 | For Sale | $990,000 | -- | -- |
Source: Northwest Multiple Listing Service (NWMLS)
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2031845

APN: 11908410103
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