OFF MARKET

Listed by Spence Weigand • Virgil Adams Real Estate, Inc. Bought with Century 21 Van Dorm Realty.

Off market may 2015 for $333K

$806,867

Est. refi paymentEst. refi $1,623/mo

•

1,692

sq ft

2548 Madrona Beach Rd NW, Olympia, WA 98502

About this home

This would make an ideal second home! Super sweet but modest waterfront home with outstanding Eld Inlet views! New rock bulkhead with ownership of the tidelands included. Easy access to low bank waterfront via new concrete steps leading to a beach teeming with oysters. Spacious view deck plus electric forced air heat with heat pump. Large light and bright updated kitchen; spacious living room too! Three detached covered parking spaces plus storage building. New septic system.

Single-familyProperty Type

1941Year Built

0.56 acresLot Size

$477Est. Price/Sq.Ft.

3 spacesParking

Listed by Spence Weigand • Virgil Adams Real Estate, Inc.

Listed by Sue Sandberg • Virgil Adams Real Estate, Inc.

Bought with Sarah Morris • Century 21 Van Dorm Realty

Redfin checked: 2 minutes ago

•Source:NWMLS as Distributed by MLS Grid #738206

Redfin Estimate

$806,867

$473K since sold in May 2015$1,000 since September

Recently sold homes
Estimate history

This home's estimate is 6.5% higher than the average sale price ($758K) of 6 comparable homes.

BOUGHT WITH REDFIN SEP 9, 2026
$1,107,700
A
2 beds1.5 baths2,034 sq ft
3736 Sunset Beach Dr 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
SOLD SEP 15, 2026
$680,000
C
3 beds2 baths1,676 sq ft
1012 Narnia Ln NW, Olympia, WA 98502
Listing provided by nwmls
SOLD AUG 24, 2026
$610,000
D
3 beds2 baths1,616 sq ft
4806 Sunrise Beach Rd NW, Olympia, WA 98502
Listing provided by nwmls
SOLD FEB 2, 2026
$294,000
E
3 beds1.5 baths2,376 sq ft
5625 Old Hwy 410 SW, Olympia, WA 98512
Listing provided by nwmls
BOUGHT WITH REDFIN SEP 11, 2026
$448,500
F
3 beds2 baths1,440 sq ft
1835 Maple Valley Rd SW, Olympia, WA 98512
Listing provided by nwmls

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Sell

$559,468

Est. take-home

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Est. cash available

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Rent

$2,645/mo

Redfin rental estimate

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Market trends in 98502, WA

Last updated September 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

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Nate Burgher • Virgil Adams Real Estate, Inc.
See all

Provided by Redfin

Sale history for 2548 Madrona Beach Rd NW

Date

Event

Price

May 13, 2015

Sold

Public Records

$333,500

$197/sq ft

May 14, 2015

Delisted

NWMLS as Distributed by MLS Grid #738206

—

May 13, 2015

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #738206

$333,500

$197/sq ft

Apr 21, 2015

Pending

NWMLS as Distributed by MLS Grid #738206

—

Apr 16, 2015

Pending (Pending Inspection)

NWMLS as Distributed by MLS Grid #738206

—

Feb 2, 2015

Listed (Active)

NWMLS as Distributed by MLS Grid #738206

$348,500

$206/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$5,410 (+2.2%)

$414,700 + $261,600

$676,300

2025

$5,295 (+13.4%)

$414,700 + $261,600

$676,300

2024

$4,671 (−2.3%)

$412,800 + $259,400

$672,200

2023

$4,783 (+17.2%)

$322,000 + $286,800

$608,800

2022

$4,083 (+7.8%)

$318,300 + $292,800

$611,100

2021

$3,787 (−4.4%)

$240,300 + $207,900

$448,200

2020

$3,963 (+16.4%)

$248,000 + $151,400

$399,400

2019

$3,403 (−12.8%)

$244,000 + $119,900

$363,900

2018

$3,905 (+9.2%)

$216,500 + $108,100

$324,600

2017

$3,577 (+6.6%)

$216,500 + $108,100

$324,600

2016

$3,355 (+5.4%)

$163,500 + $139,900

$303,400

2015

$3,183 (−3.2%)

$163,250 + $111,100

$274,350

2014

$3,289 (−2.2%)

$164,950 + $86,600

$251,550

2013

$3,361 (+1.2%)

$164,950 + $86,600

$251,550

2012

$3,322 (+5.5%)

$161,550 + $91,000

$252,550

2011

$3,148 (−6.8%)

$163,250 + $105,500

$268,750

2010

$3,376 (+0.8%)

$163,250 + $112,300

$275,550

2009

$3,350

$185,950 + $156,900

$342,850

Tax history for 2548 Madrona Beach Rd NW

Year

Property tax

Land + Additions

Assessment*

2026

$5,410 (+2.2%)

$414,700 + $261,600

$676,300

2025

$5,295 (+13.4%)

$414,700 + $261,600

$676,300

2024

$4,671 (−2.3%)

$412,800 + $259,400

$672,200

2023

$4,783 (+17.2%)

$322,000 + $286,800

$608,800

2022

$4,083 (+7.8%)

$318,300 + $292,800

$611,100

2021

$3,787 (−4.4%)

$240,300 + $207,900

$448,200

2020

$3,963 (+16.4%)

$248,000 + $151,400

$399,400

2019

$3,403 (−12.8%)

$244,000 + $119,900

$363,900

2018

$3,905 (+9.2%)

$216,500 + $108,100

$324,600

2017

$3,577 (+6.6%)

$216,500 + $108,100

$324,600

2016

$3,355 (+5.4%)

$163,500 + $139,900

$303,400

2015

$3,183 (−3.2%)

$163,250 + $111,100

$274,350

2014

$3,289 (−2.2%)

$164,950 + $86,600

$251,550

2013

$3,361 (+1.2%)

$164,950 + $86,600

$251,550

2012

$3,322 (+5.5%)

$161,550 + $91,000

$252,550

2011

$3,148 (−6.8%)

$163,250 + $105,500

$268,750

2010

$3,376 (+0.8%)

$163,250 + $112,300

$275,550

2009

$3,350

$185,950 + $156,900

$342,850

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

Public record

Public record
Zoning

Beds

Baths

1.5

Stories

1.5

Lot width

70 ft.

Lot depth

236 ft.

Lot size

0.56 Acres

Year renovated

1984

Sq. Ft.

1,514

Year built

1941

Style

Single Family Residential

County

Thurston County

APN

13811120300

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 18, 2026.

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

Parking

Parking Information
Covered Spaces: 3
Parking Features: RV Parking
Has Carport
Carport Spaces: 3

Interior

Bedroom Information
# of Bedrooms: 2
# of Beds Upper: 1
# of Bedrooms Main: 1
Bedrooms Possible: 2

Bathroom Information
# of Full Baths (Total): 1
# of Half Baths (Total): 1
# of Full Baths (Main): 1
# of Half Baths (Main): 1

Room 1 Information
Room Type: Bathroom Half
Room Level: Main

Room 2 Information
Room Type: Utility Room
Room Level: Main

Room 3 Information
Room Type: Living Room
Room Level: Main

Room 4 Information
Room Type: Family Room
Room Level: Main

Room 5 Information
Room Type: Bedroom
Room Level: Upper

Room 6 Information
Room Type: Primary Bedroom
Room Level: Main

Room 7 Information
Room Type: Kitchen With Eating Space
Room Level: Main

Room 8 Information
Room Type: Entry Hall
Room Level: Main

Room 9 Information
Room Type: Bathroom Full
Room Level: Main

Heating & Cooling
Has Heating
Has Cooling

Interior Features
Interior Features: Forced Air, Heat Pump, Hardwood, Wall to Wall Carpet, Laminate, Water Heater
Flooring: Hardwood, Laminate, Vinyl, Carpet
Appliances Included: Dishwasher,Range/Oven,Refrigerator

Exterior

Building Information
Building Information: Built On Lot
Roof: Composition

Exterior Features
Exterior Features: Wood

Waterfront Information
On Waterfront
Waterfront Features: Bank-Low, Bank-Medium, Saltwater, Sound, Tideland Rights
Waterfront Footage: 55' low bank, Eld Inlet

Property Information
Sq. Ft. Finished: 1,692
Style Code: 11 - 1 1/2 Story
Property Type: Residential
Property Sub Type: Single Family Residence
Property Condition: Good
Has View

Lot Information
MLS Lot Size Source: Assessor
Site Features: Cable TV,Deck,RV Parking
Zoning Jurisdiction: County
Lot Features: Dead End Street, Paved
Lot Size Units: Square Feet
Lot Size Acres: 0.56
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $3,289
Tax Year: 2014

Financial Information
Listing Terms: Cash Out, Conventional
Buyer Financing: Conventional

Utilities

Utility Information
Water Source: Community
Water Company: Pioneer Service Company
Power Company: Puget Sound Energy
Sewer: Septic Tank
Sewer Company: Septic
Utilities: Cable Connected, Septic System, Electric, Wood
Water Heater Location: Utility closet
Water Heater Type: Electric

Location

Multi-Unit Information
Furnished: Unfurnished

HOA Information
Association Fee Frequency: Monthly

School Information
Elementary School: Griffin Elem
Middle Or Junior High School: Griffin Mid School
High School: Capital High
High School District: Griffin

Location Information
Directions: Mud Bay Road, right on Madrona Beach Road, turn right down paved road at directional and follow signs to home.
Topography: Sloped

Community Information
Senior Exemption: false

Public facts

Beds: 2
Baths: 1.5
Sq. Ft.: 1,514
Stories: 1.5
Lot Size: 0.56 acres
Style: Single Family Residential
Year Built: 1941
Year Renovated: 1984
County: Thurston County
APN: 13811120300

Home facts updated by county records on Sep 18, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
On Market Date: Monday, February 2, 2015

Green Information
Power Production Type: Electric, Wood

Home Information
Living Area: 1,692
Living Area Units: Square Feet
Calculated Square Footage: 1692
MLS Square Footage Source: Appraisal
Building Area Total: 1692
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Structure Type: House
Entry Location: Main

Around this home

Schools

Griffin School

Public PreK-8 • Assigned • 0.9mi

8/10

Capital High School

Public 9-12 • Assigned • 3.9mi

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 89° 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

$767,000 – $928,000

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