This home's estimate is 119.3% higher than the average sale price ($786K) of 6 comparable homes.
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- Sale & tax history
- Property details
- Neighborhood
- Climate
5135 Indian Rd NE, Olympia, WA 98506
About this home
Simply stunning WATERFRONT home of 3025 SF featuring huge panoramic views of Budd Inlet & The Olympics! Unrivaled QUALITY from the magnificent front door to a grand kitchen of custom cabinetry & expansive island, state of the art appliances & more! Gorgeous great room & wall of windows overlooking western exposure-spectacular SUNSETS, sailboats & saltwater! Beautifully maintained & updated! Up to exquisite primary suite w/remodeled bath. Lower level of guest bedroom/bath, 3rd bedroom or office, and cozy sunny family room too! Storage galore. Ideal layout for entertaining inside & out! All new full length deck. A private oasis on .92/acre with 120' WF, manicured yard AND 4 car garage too. Oly SD. Unique & beautiful! A truly perfect property!

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Market trends in 98506, WA
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
- $825,0002 beds2 baths1,970 sq ft812 San Francisco Ave NE, Olympia, WA 98506Nate Burgher • Virgil Adams Real Estate, Inc.
- $475,0004 beds2 baths1,620 sq ft921 923 Central St NE, Olympia, WA 98506Denise Steigers • Olympic Sotheby's Int'l Realty
- COMING SOON$629,9503 beds1 bath1,840 sq ft2618 19th Ct NE, Olympia, WA 98506Randy Reynolds • WEICHERT, Realtors Reynolds RE
See all
Provided by Redfin
Sale history for 5135 Indian Rd NE
$529/sq ft
$562/sq ft
$583/sq ft
$623/sq ft
$645/sq ft
$337/sq ft
$392/sq ft
$395/sq ft
$174/sq ft
$190/sq ft
Tax history for 5135 Indian Rd NE
*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
RL1/2
Residential Lamird-One Dwelling Unit Per Two 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 1 dwelling unit per 2 acres.; Provide for infill residential development at a maximum density of one dwelling unit per two acres, 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.Include but are not limited to:
- Agriculture
- Housing-Single unit
- Housing-Multiple units
Property details
Parking
- Parking Information
- Covered Spaces: 4
- Parking Features: Attached Garage, Detached Garage, RV Parking
- Garage Spaces: 4
- Has Attached Garage
- Has Garage
- Garage Square Feet: 700
Interior
- Virtual Tour
- Bedroom Information
- # of Bedrooms: 3
- # of Beds Upper: 1
- # of Beds Lower: 2
- Bedrooms Possible: 3
- Bathroom Information
- # of Full Baths (Total): 1
- # of Three Quarter Baths (Total): 1
- # of Half Baths (Total): 1
- # of Main Level Bathrooms (Total): 1
- # of Full Baths (Upper): 1
- # of Half Baths (Main): 1
- # of Three Quarter Baths (Lower): 1
- # of Bathtubs: 1
- # of Showers: 2
- Room 1 Information
- Room Type: Den/Office
- Room Level: Lower
- Room 2 Information
- Room Type: Dining Room
- Room Level: Main
- Room 3 Information
- Room Type: Entry Hall
- Room Level: Main
- Room 4 Information
- Room Type: Family Room
- Room Level: Lower
- Room 5 Information
- Room Type: Great Room
- Room Level: Main
- Room 6 Information
- Room Type: Kitchen With Eating Space
- Room Level: Main
- Room 7 Information
- Room Type: Primary Bedroom
- Room Level: Second
- Room 8 Information
- Room Type: Utility Room
- Room Level: Main
- Room 9 Information
- Room Type: Bathroom Full
- Room Level: Second
- Room 10 Information
- Room Type: Bathroom Half
- Room Level: Main
- Room 11 Information
- Room Type: Bathroom Three Quarter
- Room Level: Lower
- Room 12 Information
- Room Type: Bedroom
- Room Level: Lower
- Room 13 Information
- Room Type: Bedroom
- Room Level: Lower
- Basement Information
- Basement Features: Finished
- Fireplace Information
- Has Fireplace
- # of Fireplaces: 1
- Fireplace Features: Wood Burning
- # of Fireplaces Main: 1
- Heating & Cooling
- Has Heating
- Heating Information: Forced Air, Heat Pump, Hot Water Recirc Pump, Radiant
- Has Cooling
- Cooling Information: Forced Air, Heat Pump
- Interior Features
- Interior Features: Built-In Vacuum, Ceramic Tile, Dining Room, Fireplace, High Tech Cabling, Vaulted Ceiling(s), Walk-in Closet(s), Walk-In Pantry, Wall to Wall Carpet, Water Heater, Wired for Generator
- Appliances: Dishwasher(s), Double Oven, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Flooring: Ceramic Tile, Carpet
- Appliances Included: Dishwasher(s),Double Oven,Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
Exterior
- Building Information
- Building Information: Built On Lot
- Roof: Composition
- Exterior Features
- Exterior Features: Wood
- Waterfront Information
- On Waterfront
- Waterfront Features: Bank-High, Bank-Medium, Saltwater, Sound
- Waterfront Footage: 120' Budd Inlet
- Property Information
- Energy Source: Electric
- Sq. Ft. Finished: 3,025
- Style Code: 17 - 1 1/2 Stry w/Bsmt
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Property Condition: Very Good
- Has View
- Land Information
- Vegetation: Garden Space
- Lot Information
- MLS Lot Size Source: Assessor
- Site Features: Cable TV,Deck,Fenced-Partially,High Speed Internet,Outbuildings,RV Parking,Shop
- Zoning Jurisdiction: County
- Lot Features: Dead End Street, Paved, Secluded
- Lot Size Units: Square Feet
- Lot Size Acres: 0.916
- Lot Size Dimensions: 120 x 332
- Elevation Units: Feet
Financial
- Tax Information
- Tax Annual Amount: $18,357
- Tax Year: 2024
- Financial Information
- Listing Terms: Cash Out, Conventional, VA Loan
- Buyer Financing: Conventional
Utilities
- Utility Information
- Water Source: Individual Well
- Water Company: Individual Well
- Power Company: PSE
- Sewer: Septic Tank
- Sewer Company: Septic
- Water Heater Location: Mechanical Room
- Water Heater Type: Electric (2)
- Cable Connected: Comcast
- Internet Connected: Comcast
Location
- School Information
- Elementary School: Boston Harbor Elem
- Middle Or Junior High School: Reeves Mid
- High School: Olympia High
- High School District: Olympia
- Location Information
- Water Access: Beach Rights,Community Waterfront/Pvt Beach
- Directions: North on Boston Harbor Rd, left on 47th Ave NE, right on Cushman Rd, left on Indian Rd to 5135 on left (2nd house from end)
- Topography: Level,Partial Slope
- Community Information
- Senior Exemption: false
- Community Features: Trail(s)
Public facts
- Beds: 2
- Baths: 2.5
- Sq. Ft.: 3,025
- Stories: 2.0
- Lot Size: 0.92 acres
- Style: Single Family Residential
- Year Built: 1985
- Year Renovated: 1993
- County: Thurston County
- APN: 12926420800
Other
- Listing Information
- Mls Status: Sold
- Listing Date Information
- On Market Date: Friday, May 3, 2024
- Green Information
- Direction Faces: East
- Power Production Type: Electric
- Home Information
- Living Area: 3,025
- Living Area Units: Square Feet
- Calculated Square Footage: 3025
- MLS Square Footage Source: Assessor
- Building Area Total: 3025
- Building Area Units: Square Feet
- Foundation Details: Poured Concrete, Slab
- Building Name: Boston Harbor
- Year Built Effective: 2004
- Effective Year Built Source: Public Records
- Structure Type: House
- Entry Location: Main
Around this home
Schools
Public PreK-5 • Assigned • 2.1mi
Public 6-8 • Assigned • 2.9mi
Public 9-12 • Assigned • 6.1mi
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 98506
Home values near 5135 Indian Rd NE
| Address | Redfin Estimate |
|---|---|
2 Beds | 1.5 Baths | 1408 Sq. Ft. | $368,579 |
3 Beds | 3 Baths | 2738 Sq. Ft. | $1,324,195 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2.5 Baths | 2553 Sq. Ft. | $847,597 |
3 Beds | 1.5 Baths | 2672 Sq. Ft. | $979,964 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 2240 Sq. Ft. | $866,695 |
2 Beds | 1 Baths | 3104 Sq. Ft. | $521,128 |
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