This home's estimate is 32.5% higher than the average sale price ($1.39M) of 6 comparable homes.
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5047 Cooper Point Rd NW, Olympia, WA 98502
About this home
Priced well below assessor! So much potential in Cooper Point! 5 bed, 3.5 bath, 3,786 SF home on 1.1 acres 135 ft of waterfront for sale for the 1st time in decades. Jaw-dropping views of Budd Inlet, Olympia & Rainier. Drive 22 acres of protected forest to luxury saltwater living. Man made waterfall feature w/koi pond. TWO bedrooms+en suites, library w/fireplace & expansive views. Spacious living/dining/kitchen area w/walls of windows & slider - great for entertaining! 3 beds upstairs w/full bath. House boasts huge deck, 2 fire pits, wine cellar, swimming pool, tennis/basketball court & private dock! 3 car detached garage w/shop. Amazing value w/ALL the amenities waiting for a new touch! Very motivated seller - make an as-is offer!

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Market trends in 98502, WA
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
- NEW 3 HRS AGO$919,9506 beds6 baths3,872 sq ft3411 6th Ave NW, Olympia, WA 98502Kjell Lindberg • Windermere RE/Lake Tapps, Inc
- NEW 8 HRS AGO$1,295,0002 beds3 baths1,604 sq ft5904 Athens Beach Rd NW, Olympia, WA 98502Jodi Ashline • Coldwell Banker Evergreen
- OPEN SAT, 12PM TO 2PM$349,9002 beds1 bath707 sq ft403 Cushing St NW, Olympia, WA 98502Kim Rucker • NextHome Northwest Group
- VIDEO TOUR$1,050,0004 beds2.5 baths3,416 sq ft5125 Wild Goose Ln NW, Olympia, WA 98502Barb Furman • Olympic Sotheby's Int'l Realty
- OPEN SAT, 3PM TO 5PM$519,0003 beds2 baths1,542 sq ft422 Plymouth St NW, Olympia, WA 98502Wesley Daughenbaugh • Seattle Works Real Estate
- OPEN SAT, 1PM TO 3PM$675,0003 beds2.5 baths2,457 sq ft1330 11th Ct SW, Olympia, WA 98502Tonya Hennen • Windermere Real Estate Olympia
- REDFIN OPEN SAT, 11AM TO 1PM
- $459,9503 beds2.5 baths1,785 sq ft3413 6th Ave NW, Olympia, WA 98502Kjell Lindberg • Windermere RE/Lake Tapps, Inc
- $649,9003 beds1.5 baths2,542 sq ft3033 28th Ave NW, Olympia, WA 98502Savannah Parker • Abbey Realty Inc
- $485,0003 beds2 baths2,160 sq ft235 Percival St NW, Olympia, WA 98502Danielle Vocke • RE/MAX Northwest
See all
Provided by Redfin
Sale history for 5047 Cooper Point Rd NW
$403/sq ft
$357/sq ft
$449/sq ft
$527/sq ft
$594/sq ft
$218/sq ft
$225/sq ft
$203/sq ft
$77/sq ft
Tax history for 5047 Cooper Point Rd NW
*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
RRR1/5
Rural Residential/Resource One Dwelling Unit Per Five Acre District
The purpose of this chapter is to encourage residential development that maintains the county's rural character; provides opportunities for compatible agricultural, forestry and other rural land uses; is sensitive to the site's physical characteristics; provides greater opportunities for protecting sensitive environmental areas and creating open space corridors; enables efficient road and utility systems; and does not create demands for urban level services.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, Driveway, Detached Garage
- Garage Spaces: 3
- Has Garage
Interior
- Bedroom Information
- # of Bedrooms: 5
- # of Beds Upper: 3
- # of Bedrooms Main: 2
- Bedrooms Possible: 5
- Bathroom Information
- # of Full Baths (Total): 2
- # of Three Quarter Baths (Total): 1
- # of Half Baths (Total): 2
- # of Full Baths (Upper): 1
- # of Full Baths (Main): 1
- # of Half Baths (Main): 2
- # of Three Quarter Baths (Main): 1
- Basement Information
- Basement Features: None
- Fireplace Information
- Has Fireplace
- # of Fireplaces: 2
- Fireplace Features: Gas
- # of Fireplaces Main: 2
- Heating & Cooling
- Has Heating
- Has Cooling
- Interior Features
- Interior Features: Forced Air, Ceramic Tile, Laminate Hardwood, Built-In Vacuum, Ceiling Fan(s), Dining Room, Jetted Tub, Skylight(s), Vaulted Ceiling(s), Walk-in Closet(s), Wine Cellar, Wired for Generator, Fireplace, Water Heater
- Appliances: Double Oven
- Flooring: Ceramic Tile, Laminate, Stone
- Appliances Included: Dishwasher,Double Oven,Garbage Disposal,Microwave,Refrigerator,StoveRange
Exterior
- Building Information
- Building Information: Built On Lot
- Roof: Cedar Shake
- Exterior Features
- Exterior Features: Wood
- Pool Information
- Pool Type: In-Ground
- Pool Features: In Ground
- Waterfront Information
- On Waterfront
- Waterfront Features: Bank-Medium, Sound
- Waterfront Footage: 135
- Property Information
- Energy Source: Electric,Natural Gas
- Sq. Ft. Finished: 3,786
- Style Code: 12 - 2 Story
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Has View
- Land Information
- Vegetation: Garden Space
- Lot Information
- MLS Lot Size Source: Realist
- Site Features: Athletic Court,Cabana/Gazebo,Cable TV,Deck,Dock,Fenced-Partially,Gas Available,High Speed Internet,Moorage,RV Parking,Sprinkler System
- Lot Features: Paved
- Lot Size Units: Square Feet
- Lot Size Acres: 1.1
- Elevation Units: Feet
Financial
- Tax Information
- Tax Annual Amount: $21,020
- Tax Year: 2022
- Financial Information
- Listing Terms: Cash Out, Conventional
- Buyer Financing: Cash
Utilities
- Utility Information
- Water Source: Shared Well
- Water Company: Shared Well
- Power Company: PSE
- Sewer: Septic Tank
- Sewer Company: Septic
- Water Heater Location: Garage
- Water Heater Type: Gas
Location
- Multi-Unit Information
- Furnished: Unfurnished
- School Information
- High School District: Olympia
- Location Information
- Directions: North on Cooper Point Rd. Right on Ingham Rd. Home is on the left with stone landscaping bridge leading to entrance.
- Topography: SteepSlope,Terraces
- Community Information
- Senior Exemption: false
- Community Features: Boat Launch
Public facts
- Beds: 5
- Baths: 4.0
- Sq. Ft.: 3,786
- Stories: 1.5
- Lot Size: 1.1 acres
- Style: Single Family Residential
- Year Built: 1976
- Year Renovated: 1991
- County: Thurston County
- APN: 09020020001
Other
- Listing Information
- Mls Status: Sold
- Listing Date Information
- Offers Review Date: Wednesday, January 25, 2023
- On Market Date: Tuesday, January 24, 2023
- Green Information
- Direction Faces: East
- Power Production Type: Electric, Natural Gas
- Home Information
- Living Area: 3,786
- Living Area Units: Square Feet
- Calculated Square Footage: 3786
- MLS Square Footage Source: Realist
- Building Area Total: 3786
- Building Area Units: Square Feet
- Foundation Details: Poured Concrete
- Year Built Effective: 1991
- Effective Year Built Source: Public Records
- Structure Type: House
- Levels: Two
- Entry Location: Main
Around this home
Schools
Public K-5 • Assigned • 2.2mi
Public 6-8 • Assigned • 3.5mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 89° expected this year, 14 days in 30 years
Minimal risk of severe winds over next 30 years
6 unhealthy days expected this year, 7 days in 30 years
Sun exposure
In this area, properties receive around 8.7 hours in June and 1.8 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 98502
Home values near 5047 Cooper Point Rd NW
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | 1160 Sq. Ft. | $660,908 |
3 Beds | 3.5 Baths | 4460 Sq. Ft. | $1,739,800 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 4 Baths | 3770 Sq. Ft. | $1,709,135 |
5 Beds | 5.5 Baths | 10646 Sq. Ft. | $2,354,831 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 3.5 Baths | 3781 Sq. Ft. | $1,919,761 |
3 Beds | 4 Baths | 2507 Sq. Ft. | $1,793,303 |
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