This home's estimate is 25.2% higher than the average sale price ($1.17M) of 6 comparable homes.
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8314 Walnut Rd NE, Olympia, WA 98516
About this home
From the moment you set foot on the property you will be wowed by jaw-dropping 180 degree plus views of the Nisqually Reach, Mt. Rainier, Anderson Island, and the Longbranch Peninsula! Great set of stairs to the sandy, pebbly beach and ownership of the tidelands. Level, usable double-lot with mature landscaping, view deck, and gazebo/hot tub. Garden shed and automatic generator. Super quiet and peaceful location. Do all your day-to-day living on one level with ample overflow living space below! The home has been superbly maintained over the years with no signs of deferred maintenance. Make it yours!

Redfin Estimate
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Market trends in 98516, WA
Last updated October 2026
Buyer's Market
Seller's Market
Seller's market
- NEW$450,0003 beds1.5 baths1,320 sq ft7209 14th Ave NE, Olympia, WA 98516Kristi Tausch • CENTURY 21 Lund, Realtors
- OPEN SAT, 11AM TO 1PM$675,0005 beds3 baths2,572 sq ft6829 Sweetgum Ave NE, Lacey, WA 98516Ashleigh Camberg • PCS Home Group
- VIDEO TOUR$575,0004 beds2.5 baths2,408 sq ft4054 Cameron Ln NE, Lacey, WA 98516Anna Lisa Schorn • Century 21 Van Dorm Realty
- $477,0003 beds2.5 baths2,444 sq ft1548 Cunningham Dr NE, Olympia, WA 98516Justine Capra • RE/MAX Parkside Affiliates
- 3D WALKTHROUGH$635,0002 beds2 baths1,719 sq ft4924 Spokane St NE, Lacey, WA 98516Katelynn Rajcich • City Realty Inc.
See all
Provided by Redfin
Sale history for 8314 Walnut Rd NE
$344/sq ft
$381/sq ft
Tax history for 8314 Walnut 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
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: 2
- Parking Features: RV Parking, Attached Garage
- Garage Spaces: 2
- Has Attached Garage
- Has Garage
Interior
- Bedroom Information
- # of Bedrooms: 4
- # of Bedrooms Main: 4
- Bedrooms Possible: 4
- Bathroom Information
- # of Full Baths (Total): 1
- # of Three Quarter Baths (Total): 3
- # of Full Baths (Main): 1
- # of Three Quarter Baths (Main): 2
- # of Three Quarter Baths (Lower): 1
- Basement Information
- Basement Features: Partially Finished
- Fireplace Information
- Has Fireplace
- # of Fireplaces: 3
- Fireplace Features: Gas
- # of Fireplaces Main: 2
- # of Fireplaces Lower: 1
- Heating & Cooling
- Has Heating
- Heating Information: Baseboard, Forced Air, Wall Unit(s)
- Cooling Information: None
- Interior Features
- Interior Features: Ceramic Tile, Laminate, Wired for Generator, Dining Room, Jetted Tub, Walk-In Pantry, Fireplace
- Appliances: Dryer, Washer
- Flooring: Ceramic Tile, Laminate
- Appliances Included: Dishwasher,Dryer,Refrigerator,StoveRange,Washer
Exterior
- Building Information
- Building Information: Built On Lot
- Roof: Composition
- Exterior Features
- Exterior Features: Cement Planked
- Pool Information
- Has Spa
- Waterfront Information
- On Waterfront
- Waterfront Features: Bank-Medium, Bay/Harbor, Saltwater, Sound
- Waterfront Footage: 140' medium bank Nis
- Property Information
- Energy Source: Electric
- Sq. Ft. Finished: 3,662
- Style Code: 16 - 1 Story w/Bsmnt.
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Property Condition: Very Good
- Has View
- Land Information
- Vegetation: Fruit Trees, Garden Space
- Lot Information
- MLS Lot Size Source: Assessor
- Site Features: Cabana/Gazebo,Cable TV,Deck,High Speed Internet,Hot Tub/Spa,Propane,RV Parking,Sprinkler System
- Zoning Jurisdiction: County
- Lot Features: Dead End Street, Paved
- Lot Size Units: Square Feet
- Lot Size Acres: 1.07
- Elevation Units: Feet
Financial
- Tax Information
- Tax Annual Amount: $11,111
- Tax Year: 2023
- Financial Information
- Listing Terms: Cash Out, Conventional, FHA, VA Loan
- Buyer Financing: Conventional
Utilities
- Utility Information
- Water Source: Shared Well
- Water Company: 3-party well
- Power Company: PSE
- Sewer: Septic Tank
- Sewer Company: Septic
Location
- Multi-Unit Information
- Furnished: Unfurnished
- School Information
- Elementary School: South Bay Elem
- Middle Or Junior High School: Chinook Mid
- High School: North Thurston High
- High School District: North Thurston
- Location Information
- Water Access: Tideland Rights
- Bus Line Nearby: false
- Directions: North on Johnson Point Rd, right on 78th, left on Walnut to driveway on right.
- Topography: Level
- Community Information
- Senior Exemption: false
Public facts
- Beds: 2
- Baths: 4.0
- Sq. Ft.: 3,662
- Stories: 1.0
- Lot Size: 1.07 acres
- Style: Single Family Residential
- Year Built: 1960
- Year Renovated: 1988
- County: Thurston County
- APN: 11910220500
Other
- Listing Information
- Mls Status: Sold
- Listing Date Information
- On Market Date: Monday, May 22, 2023
- Green Information
- Direction Faces: West
- Power Production Type: Electric
- Home Information
- Living Area: 3,662
- Living Area Units: Square Feet
- Calculated Square Footage: 3662
- MLS Square Footage Source: Assessor
- Building Area Total: 3662
- Building Area Units: Square Feet
- Foundation Details: Poured Concrete
- Structure Type: House
- Levels: One
- Entry Location: Main
Around this home
Schools
- K - 12
- Preschool & daycare
Public PreK-5 • Assigned • 5.0mi
Public 6-8 • Assigned • 7.0mi
Public 9-12 • Assigned • 7.1mi
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 88° expected this year, 14 days in 30 years
Minimal risk of severe winds over next 30 years
7 unhealthy days expected this year, 7 days in 30 years
Sun exposure
In this area, properties receive around 8.8 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 98516
Home values near 8314 Walnut Rd NE
| Address | Redfin Estimate |
|---|---|
1 Beds | 1 Baths | 300 Sq. Ft. | — |
2 Beds | 1 Baths | 1224 Sq. Ft. | $467,434 |
2 Beds | 2.5 Baths | 3831 Sq. Ft. | $1,967,438 |
3 Beds | 1 Baths | 1506 Sq. Ft. | $1,548,132 |
3 Beds | 2.5 Baths | 2955 Sq. Ft. | $1,485,494 |
3 Beds | 3 Baths | 1792 Sq. Ft. | $1,036,067 |
4 Beds | 2.5 Baths | 2538 Sq. Ft. | $1,109,446 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 4 Baths | 5177 Sq. Ft. | $1,305,560 |
3 Beds | 4 Baths | 2952 Sq. Ft. | $1,352,866 |
3 Beds | 2.5 Baths | 2396 Sq. Ft. | $859,619 |
2 Beds | 1.5 Baths | 1818 Sq. Ft. | $900,995 |
3 Beds | 4 Baths | 4629 Sq. Ft. | $2,572,181 |
4 Beds | 5 Baths | 4498 Sq. Ft. | $1,351,386 |
2 Beds | 2 Baths | 1840 Sq. Ft. | $1,089,695 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 2644 Sq. Ft. | $731,430 |
4 Beds | 3.5 Baths | 4370 Sq. Ft. | $1,832,176 |
2 Beds | 2 Baths | 1286 Sq. Ft. | $676,182 |
3 Beds | 2.5 Baths | 3840 Sq. Ft. | $1,439,209 |
3 Beds | 2 Baths | 2864 Sq. Ft. | $1,357,439 |
2 Beds | 2.5 Baths | 1562 Sq. Ft. | $1,017,617 |
2 Beds | 3.5 Baths | 3146 Sq. Ft. | $910,698 |
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