OFF MARKET

Listed by Spence Weigand • Virgil Adams Real Estate, Inc. Bought with John L. Scott Vashon.

Off market mar 2025 for $2.3M

$2,607,940

Est. refi paymentEst. refi $15,419/mo

•

5,264

sq ft

8137 Kerbaugh Rd NE, Olympia, WA 98516

About this home

Stunning custom waterfront home on quiet Henderson Inlet! 457' of low bank WF w/ easy access via a road to the bulkhead + davit. Soothing views of Puget Sound & the Olympics. Exceptionally well-kept and masterfully-built home w/ plenty of space for everyone, including a 900 SF heated shop w/ 1/2 bath, & a 900 SF pole building. Full-length view patio. Irrigated grounds. Garden shed and gazebo. Electric forced air heat w/ heat pump. Three en-suite primary bedrooms w/ two on the main level. Hardwood flooring galore! Vaulted ceilings, wood-wrapped windows, wood craftsman trim detail, 6 ft. three panel doors w/transoms, gas FP, and more! Tiled sunroom w/ shower. Capacious storage throughout. This is truly a lifestyle property! Come fall in love!

Single-familyProperty Type

2002Year Built

3.3 acresLot Size

$495Est. Price/Sq.Ft.

6 car garageParking

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

Bought with Crist Granum • John L. Scott Vashon

Redfin checked: 3 minutes ago

•Source:NWMLS as Distributed by MLS Grid #2289522

Redfin Estimate

$2,607,940

$308K since sold in March 2025$28K since September

Recently sold homes
Estimate history

This home's estimate is 126.3% higher than the average sale price ($1.15M) of 6 comparable homes.

SOLD APR 29, 2026
$1,185,000
A
4 beds4.5 baths3,984 sq ft
6221 63rd Ave NE, Olympia, WA 98516
SOLD AUG 3, 2026
$975,000
B
3 beds3 baths2,946 sq ft
6207 63rd Ave NE, Olympia, WA 98516
SOLD SEP 11, 2026
$1,744,000
C
3 beds2.5 baths2,512 sq ft
6037 Swayne Dr NE, Olympia, WA 98516
SOLD SEP 25, 2026
$1,195,000
D
4 beds3.5 baths3,635 sq ft
8022 57th Ln NE, Olympia, WA 98516
SOLD JUL 1, 2026
$865,000
E
3 beds2.5 baths2,691 sq ft
6710 73rd Ave NE, Olympia, WA 98516
SOLD MAR 4, 2026
$950,000
F
3 beds2.5 baths3,042 sq ft
7736 Johnson Point Rd NE, Olympia, WA 98516

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Earn from this home

Sell

$666,160

Est. take-home

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Refinance

Est. cash available

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Rent

$4,972/mo

Redfin rental estimate

List your home for rent

Market trends in 98516, WA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.5%

0.3% MoM

Median sale price

$597K

$30K MoM

Avg. days on market

25d

2 days MoM

Recently sold homes

121

7 MoM

New listings for sale

NEW
$474,900
4 beds1.5 baths1,296 sq ft
7629 13th Ave NE, Olympia, WA 98516
Tim Lynch • Olympic Sotheby's Int'l Realty
$539,999
4 beds2.5 baths2,400 sq ft
4522 Edgewater Blvd NE, Lacey, WA 98516
Dustin Comey • Real Broker LLC
$629,500
2 beds2 baths1,725 sq ft
4155 Bainbridge Ct NE, Lacey, WA 98516
Katelynn Rajcich • City Realty Inc.
$699,500
2 beds2 baths1,774 sq ft
5009 Orcas St NE, Lacey, WA 98516
Katelynn Rajcich • City Realty Inc.
3D WALKTHROUGH
$470,000
3 beds2 baths1,416 sq ft
4602 7th Ave NE, Lacey, WA 98516
Aaron Thomas • Real Broker LLC
$639,000
4 beds2.5 baths2,582 sq ft
4236 Dudley Dr NE, Lacey, WA 98516
Natalie Buckey • Riley Jackson Real Estate Inc.
3D WALKTHROUGH
$1,174,900
4 beds3 baths3,127 sq ft
5209 Oystercatcher Ln NE, Lacey, WA 98516
Nicole Braam • COMPASS
OPEN SUN, 11AM TO 1PM
$649,995
5 beds3.5 baths2,785 sq ft
8818 Shepard Way NE, Lacey, WA 98516
Danielle Caraway • John L Scott Madrona Group
OPEN OCT 17, 11AM TO 1PM
$495,000
3 beds2 baths1,500 sq ft
8533 Capstan Dr NE, Lacey, WA 98516
Andre' Jones • eXp Realty
$776,500
3 beds2.5 baths2,186 sq ft
6711 47th Ave NE, Olympia, WA 98516
Martha Hunt • CENTURY 21 Lund, Realtors
See all

Provided by Redfin

Sale history for 8137 Kerbaugh Rd NE

Year

Property tax

Land + Additions

Assessment*

2026

$26,377 (−3.1%)

$1,016,500 + $1,397,000

$2,413,500

2025

$27,212 (+10.4%)

$1,016,500 + $1,397,000

$2,413,500

2024

$24,651 (−0.8%)

$1,054,100 + $1,434,900

$2,489,000

2023

$24,850 (+5.2%)

$1,007,300 + $1,570,800

$2,578,100

2022

$23,615 (+26.7%)

$733,700 + $1,835,800

$2,569,500

2021

$18,635 (+10.2%)

$676,200 + $1,363,200

$2,039,400

2020

$16,915 (+24.4%)

$517,900 + $971,400

$1,489,300

2019

$13,599 (−14.2%)

$569,600 + $818,900

$1,388,500

2018

$15,850 (−6.2%)

$465,500 + $715,400

$1,180,900

2017

$16,900 (+2.3%)

$465,500 + $715,400

$1,180,900

2016

$16,514 (+1.8%)

$297,900 + $1,009,400

$1,307,300

2015

$16,217 (+10.2%)

$426,000 + $855,800

$1,281,800

2014

$14,722 (−2.3%)

$430,300 + $703,700

$1,134,000

2013

$15,069 (+10.0%)

$430,300 + $703,700

$1,134,000

2012

$13,695 (−3.0%)

$417,400 + $672,800

$1,090,200

2011

$14,112 (−15.2%)

$421,700 + $650,300

$1,072,000

2010

$16,646 (−1.9%)

$467,250 + $729,500

$1,196,750

2009

$16,975

$514,700 + $1,018,700

$1,533,400

Tax history for 8137 Kerbaugh Rd NE

Year

Property tax

Land + Additions

Assessment*

2026

$26,377 (−3.1%)

$1,016,500 + $1,397,000

$2,413,500

2025

$27,212 (+10.4%)

$1,016,500 + $1,397,000

$2,413,500

2024

$24,651 (−0.8%)

$1,054,100 + $1,434,900

$2,489,000

2023

$24,850 (+5.2%)

$1,007,300 + $1,570,800

$2,578,100

2022

$23,615 (+26.7%)

$733,700 + $1,835,800

$2,569,500

2021

$18,635 (+10.2%)

$676,200 + $1,363,200

$2,039,400

2020

$16,915 (+24.4%)

$517,900 + $971,400

$1,489,300

2019

$13,599 (−14.2%)

$569,600 + $818,900

$1,388,500

2018

$15,850 (−6.2%)

$465,500 + $715,400

$1,180,900

2017

$16,900 (+2.3%)

$465,500 + $715,400

$1,180,900

2016

$16,514 (+1.8%)

$297,900 + $1,009,400

$1,307,300

2015

$16,217 (+10.2%)

$426,000 + $855,800

$1,281,800

2014

$14,722 (−2.3%)

$430,300 + $703,700

$1,134,000

2013

$15,069 (+10.0%)

$430,300 + $703,700

$1,134,000

2012

$13,695 (−3.0%)

$417,400 + $672,800

$1,090,200

2011

$14,112 (−15.2%)

$421,700 + $650,300

$1,072,000

2010

$16,646 (−1.9%)

$467,250 + $729,500

$1,196,750

2009

$16,975

$514,700 + $1,018,700

$1,533,400

*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

5.5

Stories

Lot width

457 ft.

Lot depth

283 ft.

Lot size

3.3 Acres

Year renovated

2002

Sq. Ft.

4,768

Year built

2002

Style

Single Family Residential

County

Thurston County

APN

11908140102

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 18, 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

Property details

Parking

Parking Information
Covered Spaces: 6
Parking Features: Attached Garage, Detached Garage
Garage Spaces: 6
Has Attached Garage
Has Garage
Garage Square Feet: 776

Interior

Bedroom Information
# of Bedrooms: 4
# of Beds Upper: 2
# of Bedrooms Main: 2
Bedrooms Possible: 7

Bathroom Information
# of Full Baths (Total): 3
# of Three Quarter Baths (Total): 1
# of Half Baths (Total): 1
# of Main Level Bathrooms (Total): 3
# of Full Baths (Upper): 2
# of Full Baths (Main): 1
# of Half Baths (Main): 1
# of Three Quarter Baths (Main): 1
# of Bathtubs: 3
# of Showers: 4

Room 1 Information
Room Type: Bonus Room

Room 2 Information
Room Type: Den/Office
Room Level: Main

Room 3 Information
Room Type: Dining Room
Room Level: Main

Room 4 Information
Room Type: Entry Hall
Room Level: Main

Room 5 Information
Room Type: Extra Fin Rm

Room 6 Information
Room Type: Kitchen With Eating Space
Room Level: Main

Room 7 Information
Room Type: Living Room
Room Level: Main

Room 8 Information
Room Type: Primary Bedroom
Room Level: Main

Room 9 Information
Room Type: Rec Room

Room 10 Information
Room Type: Utility Room
Room Level: Main

Room 11 Information
Room Type: Bathroom Full

Room 12 Information
Room Type: Bathroom Full

Room 13 Information
Room Type: Bathroom Full
Room Level: Main

Room 14 Information
Room Type: Bathroom Half
Room Level: Main

Room 15 Information
Room Type: Bathroom Three Quarter
Room Level: Main

Room 16 Information
Room Type: Bedroom

Room 17 Information
Room Type: Bedroom

Room 18 Information
Room Type: Bedroom
Room Level: Main

Basement Information
Basement Features: None

Fireplace Information
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Gas
# of Fireplaces Main: 1

Heating & Cooling
Has Heating
Heating Information: Forced Air, Heat Pump
Has Cooling
Cooling Information: Forced Air, Heat Pump

Interior Features
Interior Features: Built-In Vacuum, Ceiling Fan(s), Ceramic Tile, Dining Room, Fireplace, French Doors, Hardwood, Security System, Solarium/Atrium, Walk-In Pantry, Wall to Wall Carpet, Water Heater, Wired for Generator
Appliances: Dishwasher(s), Double Oven, Stove(s)/Range(s)
Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
Appliances Included: Dishwasher(s),Double Oven,Garbage Disposal,Stove(s)/Range(s)

Exterior

Building Information
Building Information: Built On Lot
Construction Materials: Cement Plank
Roof: Composition

Exterior Features
Exterior Features: Cement Planked

Waterfront Information
On Waterfront
Waterfront Features: Bulkhead, Saltwater, Sound
Waterfront Footage: 457' low bank Hender

Property Information
Energy Source: Electric,Propane
Sq. Ft. Finished: 5,264
Style Code: 12 - 2 Story
Property Type: Residential
Property Sub Type: Single Family Residence
Property Condition: Very Good
Has View
Zoning: RRR 1/5

Land Information
Vegetation: Garden Space

Lot Information
MLS Lot Size Source: Assessor
Site Features: Cabana/Gazebo,Cable TV,High Speed Internet,Outbuildings,Patio,Propane,Shop,Sprinkler System
Zoning Jurisdiction: County
Lot Features: Dead End Street, Secluded
Lot Size Units: Square Feet
Lot Size Acres: 3.3
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $24,650.64
Tax Year: 2024

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

Utilities

Utility Information
Water Source: Individual Well
Water Company: Individual well
Power Company: Puget Sound Energy
Sewer: Septic Tank
Sewer Company: Septic
Water Heater Location: Garage & closet in bonus rm
Water Heater Type: Gas
Internet Connected: Century Link

Location

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, left on 76th, right on Kerbaugh to property on left.
Topography: Level,Partial Slope

Community Information
Senior Exemption: false

Public facts

Beds: 3
Baths: 5.5
Sq. Ft.: 4,768
Stories: 2.0
Lot Size: 3.3 acres
Style: Single Family Residential
Year Built: 2002
Year Renovated: 2002
County: Thurston County
APN: 11908140102

Home facts updated by county records on Sep 18, 2026

Other

Listing Information
Buyer Brokerage Compensation: 2.5%
Buyer Brokerage Compensation Type: %
Mls Status: Sold

Listing Date Information
On Market Date: Wednesday, September 11, 2024

Green Information
Direction Faces: East
Power Production Type: Electric, Propane

Home Information
Living Area: 5,264
Living Area Units: Square Feet
Calculated Square Footage: 5264
MLS Square Footage Source: Per appraisal
Building Area Total: 5264
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Structure Type: House
Levels: Two
Entry Location: Main

Around this home

Schools

South Bay Elementary School

Public PreK-5 • Assigned • 4.5mi

8/10

Chinook Middle School

Public 6-8 • Assigned • 6.7mi

5/10

North Thurston High School

Public 9-12 • Assigned • 6.8mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

4/10 Flood Factor

Estimated 18-26% chance 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, 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, 8 days in 30 years

Provided by First Street

Historical weather

Olympia, WA • 98516

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 8.8 hours in June and 1.8 hours in December, placing it below the U.S. average for solar exposure.

8.8 hrs

1.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$2.48M – $3.00M

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New listings for sale in 98516

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Katelynn Rajcich • City Realty Inc.

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5009 Orcas St NE, Lacey, WA 98516

Katelynn Rajcich • City Realty Inc.

3D WALKTHROUGH

$470,000

3 beds2 baths1,416 sq ft

4602 7th Ave NE, Lacey, WA 98516

Aaron Thomas • Real Broker LLC

$639,000

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4236 Dudley Dr NE, Lacey, WA 98516

Natalie Buckey • Riley Jackson Real Estate Inc.

3D WALKTHROUGH

$1,174,900

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Nicole Braam • COMPASS

OPEN SUN, 11AM TO 1PM

$649,995

5 beds3.5 baths2,785 sq ft

8818 Shepard Way NE, Lacey, WA 98516

Danielle Caraway • John L Scott Madrona Group

OPEN OCT 17, 11AM TO 1PM

$495,000

3 beds2 baths1,500 sq ft

8533 Capstan Dr NE, Lacey, WA 98516

Andre' Jones • eXp Realty

Home values near 8137 Kerbaugh Rd NE

Data from public records.

Address	Redfin Estimate
7848 Kerbaugh Road Northeast, Olympia, WA 3 Beds \| 2 Baths \| 1929 Sq. Ft.	$730,506
8125 Kerbaugh Road Northeast, Olympia, WA 2 Beds \| 2 Baths \| 1828 Sq. Ft.	$1,252,937

Address	Redfin Estimate
8120 Kerbaugh Road Northeast, Olympia, WA 3 Beds \| 2 Baths \| 1714 Sq. Ft.	$677,824
8131 Kerbaugh Road Northeast, Olympia, WA 4 Beds \| 3 Baths \| 1820 Sq. Ft.	$802,378

Address	Redfin Estimate
7841 Kerbaugh Road Northeast, Olympia, WA 3 Beds \| 2 Baths \| 2036 Sq. Ft.	$1,263,144
8345 Kerbaugh Road Northeast, Olympia, WA 3 Beds \| 3 Baths \| 2738 Sq. Ft.	$1,282,353

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 98516, WA

Sale history for 8137 Kerbaugh Rd NE

Tax history for 8137 Kerbaugh Rd NE

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 98516

Home values near 8137 Kerbaugh Rd NE

More real estate resources