Google street view image for 2540 Madrona Beach Rd NW, Olympia, WA 98502

Off market aug 1988 for $70K

$585,542

Est. refi paymentEst. refi $457/mo

•

1 ba

•

1,349

sq ft

2540 Madrona Beach Rd NW, Olympia, WA 98502

About this home

2540 Madrona Beach Rd NW is a 1,349 square foot house on a 0.55 acre lot with 1 bedroom and 1 bathroom. - it last sold on August 29, 1988 for $70,000. Based on Redfin's Olympia data, we estimate the home's value is $585,542.

Single-familyProperty Type

1967Year Built

0.55 acresLot Size

$434Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$585,542

$516K since sold in August 1988$1,000 since October

Recently sold homes
Estimate history

This home's estimate is 26.4% lower than the average sale price ($795K) of 6 comparable homes.

SOLD MAY 15, 2026
$540,000
A
1 bed1 bath560 sq ft
5025 Mud Bay Rd NW, Olympia, WA 98502
Listing provided by nwmls
SOLD JUN 24, 2026
$1,405,000
B
3 beds2 baths2,506 sq ft
3444 Madrona Beach Rd NW, Olympia, WA 98502
Listing provided by nwmls
BOUGHT WITH REDFIN SEP 9, 2026
$1,107,700
C
2 beds1.5 baths2,034 sq ft
3736 Sunset Beach Dr NW, Olympia, WA 98502
Listing provided by nwmls
SOLD JUN 25, 2026
$430,000
D
3 beds2 baths1,028 sq ft
1402 Kaiser Rd NW, Olympia, WA 98502
Listing provided by nwmls
SOLD SEP 15, 2026
$680,000
E
3 beds2 baths1,676 sq ft
1012 Narnia Ln NW, Olympia, WA 98502
Listing provided by nwmls
SOLD AUG 24, 2026
$610,000
F
3 beds2 baths1,616 sq ft
4806 Sunrise Beach Rd NW, Olympia, WA 98502
Listing provided by nwmls

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Sell

$549,847

Est. take-home

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Est. cash available

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Rent

$2,237/mo

Redfin rental estimate

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Market trends in 98502, WA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.6%

0.6% MoM

Median sale price

$631K

$5K MoM

Avg. days on market

26d

8 days MoM

Recently sold homes

120

12 MoM

New listings for sale

$520,000
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Kim Piper • RE/MAX Advantage
$520,000
4 beds4 baths2,101 sq ft
4307 Quail Run Loop SE Unit A&B, Olympia, WA 98502
Kim Piper • RE/MAX Advantage
$445,000
3 beds1 bath1,437 sq ft
824 Dundee Rd NW, Olympia, WA 98502
Lisa Phipps • Better Properties Kitsap
$375,000
3 beds2 baths1,728 sq ft
2520 70th Ave NW #5, Olympia, WA 98502
John Stormans • Olympic Sotheby's Int'l Realty
$85,000
3 beds2 baths1,440 sq ft
1111 Archwood Dr SW #405, Olympia, WA 98502
Nancy Griego • RE/MAX Parkside Affiliates
$549,900
3 beds3 baths1,876 sq ft
1202 Division St NW, Olympia, WA 98502
Sam Rucker • NextHome Northwest Group
LISTED BY REDFIN
$540,000
2 beds2.5 baths2,774 sq ft
2502 70th Ave NW Unit A, Olympia, WA 98502
Redfin
$899,995
3 beds2.5 baths2,675 sq ft
4305 Blubyrd Ln NW, Olympia, WA 98502
Joe Symonette • eXp Realty
3D WALKTHROUGH
$2,995,000
5 beds5 baths6,055 sq ft
3034 36th Ave NW, Olympia, WA 98502
Kyle Graham • Dove Realty, Inc.
See all

Provided by Redfin

Sale history for 2540 Madrona Beach Rd NW

Year

Property tax

Land + Additions

Assessment*

2026

$4,944 (+2.5%)

$447,300 + $166,400

$613,700

2025

$4,824 (+19.9%)

$447,300 + $166,400

$613,700

2024

$4,022 (+538.3%)

$439,800 + $168,300

$608,100

2023

$630 (−14.1%)

$340,200 + $192,400

$532,600

2022

$733 (−0.5%)

$328,700 + $196,600

$525,300

2021

$737 (−3.4%)

$266,400 + $138,900

$405,300

2020

$763 (−0.6%)

$261,900 + $98,100

$360,000

2019

$768 (−5.3%)

$256,000 + $80,700

$336,700

2018

$810 (+1.2%)

$224,200 + $72,600

$296,800

2017

$801 (−10.9%)

$224,200 + $72,600

$296,800

2016

$899 (−48.2%)

$166,750 + $106,000

$272,750

2015

$1,735 (+2.6%)

$196,100 + $104,800

$300,900

2014

$1,691 (−4.0%)

$198,100 + $82,400

$280,500

2013

$1,762 (−52.2%)

$198,100 + $82,400

$280,500

2012

$3,683 (+5.5%)

$194,050 + $87,500

$281,550

2011

$3,490 (+3.9%)

$196,100 + $101,100

$297,200

2010

$3,359 (+0.5%)

$196,100 + $108,400

$304,500

2009

$3,343

$198,900 + $140,300

$339,200

Tax history for 2540 Madrona Beach Rd NW

Year

Property tax

Land + Additions

Assessment*

2026

$4,944 (+2.5%)

$447,300 + $166,400

$613,700

2025

$4,824 (+19.9%)

$447,300 + $166,400

$613,700

2024

$4,022 (+538.3%)

$439,800 + $168,300

$608,100

2023

$630 (−14.1%)

$340,200 + $192,400

$532,600

2022

$733 (−0.5%)

$328,700 + $196,600

$525,300

2021

$737 (−3.4%)

$266,400 + $138,900

$405,300

2020

$763 (−0.6%)

$261,900 + $98,100

$360,000

2019

$768 (−5.3%)

$256,000 + $80,700

$336,700

2018

$810 (+1.2%)

$224,200 + $72,600

$296,800

2017

$801 (−10.9%)

$224,200 + $72,600

$296,800

2016

$899 (−48.2%)

$166,750 + $106,000

$272,750

2015

$1,735 (+2.6%)

$196,100 + $104,800

$300,900

2014

$1,691 (−4.0%)

$198,100 + $82,400

$280,500

2013

$1,762 (−52.2%)

$198,100 + $82,400

$280,500

2012

$3,683 (+5.5%)

$194,050 + $87,500

$281,550

2011

$3,490 (+3.9%)

$196,100 + $101,100

$297,200

2010

$3,359 (+0.5%)

$196,100 + $108,400

$304,500

2009

$3,343

$198,900 + $140,300

$339,200

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

RL1/1

Residential Lamird-One Dwelling Unit Per Acre District

The purposes of this district are to: Establish a district that contains limited areas of more intensive rural residential development, consistent with RCW 36.70A.070(5)(d), that existed as of July 1, 1990 at a density of approximately one dwelling unit per acre.; Provide for infill residential development at a maximum density of one dwelling unit per acre, consistent with the development pattern established before July 1, 1990.; Provide development standards to assure that infill residential development is consistent with surrounding uses and can be accommodated without new urban level services.

Permitted uses

Include but are not limited to:

Agriculture
Housing-Single unit
Housing-Multiple units

Property details

Interior

Bathroom Information
# of Full Baths: 1
# of Bathroom Fixtures: 6

Heating & Cooling
Heating Fuel Type: Wood
Heating Type: Baseboard

Fireplace Information
# of Fireplaces: 2
Fireplace Type: Wood Stove
Has Fireplace

Exterior

Exterior Information
Physical Condition: Fair
Foundation Type: Pier
Building Style Type: Log
Building Construction Quality: Low
Exterior Wall: Log
Roof Shape Type: Gable

Property Information
Subdivision Name: MADRONA BEACH HOME TRACTS SEC
Living Sq. Ft: 1,349
Ground Floor Sq. Ft: 1,349
Building Sq. Ft: 1,349
# of Units: 1
# of Stories: 1
Legal Description: 11-18-3W .55A PT L 2 N200F ELY OF H/W & 2ND CL TDLS ADJ EX 250F L

Lot Information
# of Buildings: 1
Land Sq. Ft: 23,958
Legal Lot Number: 2
School Tax District: GRIFFIN
Municipality Type: 346
Municipality Name: CITY OF RAINIER
Acres: 0.55
Depth Footage: 338
Front Footage: 70
Zoning Code: N
County Use Description: RESIDENTIAL SINGLE
State Use Description: RESIDENCES

Location Information
Parcel Location Influence: Sound

Utility Information
Sewer Type: Septic
Water Service Type: Public

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 1
Baths: 1.0
Sq. Ft.: 1,349
Stories: 1.0
Lot Size: 0.55 acres
Style: Single Family Residential
Year Built: 1967
Year Renovated: 1990
County: Thurston County
APN: 13811120400

Home facts updated by county records on Sep 18, 2026

Around this home

Schools

Griffin School

Public PreK-8 • Assigned • 0.8mi

8/10

Capital High School

Public 9-12 • Assigned • 4.0mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 88° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

7 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Olympia, WA • 98502

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.5 hours in June and 1.8 hours in December, placing it below the U.S. average for solar exposure.

8.5 hrs

1.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$557,000 – $674,000

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