New listing on the Puget Sound Waterfront! Welcome to your high bank waterfront home with sweeping mountain views with glistening Puget Sound as far as the eye can see. Wildlife watching is abundant from your backyard! A dead end street with access Tolmie State Park and the opportunity for hiking trails. This exceptional property is complete with a brand-new luxury designed carriage house. Ideal flat property perched above the sound with a concrete bulkhead and facing north, it offers the perfect canvas for a custom waterfront estate. The main house is under redevelopment and the seller has already engaged a respected architect who is actively securing permits with the city for a brand new home built on the existing foundation with a slightly expanded footprint. Skip the typical 12-18 months of planning, engineering and shoreline review which has been started. The heavy lifting has begun. While you build, enjoy easy living in the move-in ready carriage house, ideal for full-time living, or guest quarters. Utilities access are already in place with new septic system and new well system. This is the kind of Puget Sound waterfront that rarely comes on the market!
Edgewater, located between Long Lake and Woodland Creek Community Park, is a residential and lakeside Lacey neighborhood with wooded shorelines and winding cul-de-sacs. The neighborhood’s character concentrates around the Long Lake Park boat launch area, where kayaks, fishing gear, and picnic tables set a weekend rhythm. Homes lean toward late-20th-century builds with generous setbacks, decks, and lake-facing windows. A web of quiet streets feeds into trail segments and greenbelts that keep the landscape in view. The shoreline and park edges shape daily routines around water, trees, and open sky.
Provided by Walk Score and Local Logic
Offer insights
7544 Sandy Point Beach Rd NE · $1,200,000
$1.2M and above
75% chance or better to win
Why $1.2M+ is a strong offer
DAYS ON MARKET
93 days
The average home goes pending in 28 days.
SALE-TO-LIST
99.3%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Fireplace (two total; one on main level, one on upper level) — wood burning
Bedrooms
Three bedrooms total (two on main level, one on upper/second level)
ADU with 1 bedroom
Bathrooms
Two full bathrooms and one half bathroom
One full bath on main level, one full bath on upper level
Two bathtubs and two showers
Kitchen
Kitchen with eating space
Laundry & utility
Individual well water source
Septic tank
Electric energy source
Heating & cooling
Forced air heating
Forced air cooling
Exterior features
On waterfront with approximately 100 feet of frontage
Partially fenced site
Fruit trees on the property
Wood products exterior
Located on a level lot on a dead-end paved street
Home design
Single family residence — two-story house
Entry at main level
Has a view
Property listed as fixer
Parking
Detached carport with two covered/carport spaces
Security
Partially fenced
Construction
Built in 1978 (effective year)
Wood construction
Composition roof
Poured concrete foundation
Utilities
Individual well for water
Septic tank for sewer
Power provided by Puget Sound Energy
Financial info
Accepts Conventional, FHA, and VA financing
Other
Zoning: C (county jurisdiction)
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 7544 Sandy Point Beach Rd NE
Sale History
Tax History
Date
Event
Price
Jun 3, 2026
Listed (Active)
NWMLS as Distributed by MLS Grid #2533967
$1,200,000
$532/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$10,601 (−1.0%)
$541,600 + $404,700
$946,300
2025
$10,708 (+28.7%)
$541,600 + $404,700
$946,300
2024
$8,319 (+1.4%)
$555,200 + $401,600
$956,800
2023
$8,204 (−17.3%)
$462,800 + $380,400
$843,200
2022
$9,925 (+6.9%)
$385,300 + $436,800
$822,100
2021
$9,281 (+20.5%)
$388,400 + $449,000
$837,400
2020
$7,702 (+23.9%)
$369,900 + $355,100
$725,000
2019
$6,214 (−8.9%)
$348,600 + $271,900
$620,500
2018
$6,823 (+8.3%)
$275,000 + $223,000
$498,000
2017
$6,303 (+3.6%)
$275,000 + $223,000
$498,000
2016
$6,082 (+12.1%)
$196,400 + $279,200
$475,600
2015
$5,424 (+6.1%)
$201,700 + $258,600
$460,300
2014
$5,114 (−12.9%)
$197,350 + $184,900
$382,250
2013
$5,871 (+2.0%)
$197,350 + $184,900
$382,250
2012
$5,755 (−2.7%)
$199,500 + $215,100
$414,600
2011
$5,916 (−6.3%)
$219,250 + $231,400
$450,650
2010
$6,313 (+1.1%)
$219,250 + $282,700
$501,950
2009
$6,247
$281,400 + $300,400
$581,800
Public record
Public record
Zoning
Beds
3
Baths
2.5
Stories
2
Lot width
97 ft.
Lot depth
316 ft.
Lot size
0.7 Acres
Year renovated
1991
Finished Sq. Ft.
2,208
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,208
Year built
1978
Style
Single Family Residential
County
Thurston County
APN
72100002300
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 21, 2026.
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.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Housing-Multiple units
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, 13 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, 8 days in 30 years
Provided by First Street
Historical weather
Olympia, WA • 98516
Average low and high temperatures (°F)
46
35
47
35
53
39
63
41
68
46
74
51
79
54
79
57
72
53
61
45
51
42
48
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 9% for direct sun exposure in Olympia. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.4 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 7544 Sandy Point Beach Rd NE
$1,142,028
$58K under list price of $1.20M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $730K to $1.2M.