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2026 Island Drive NW, Olympia, WA, 98502

2beds
1baths
729sqft
$424,999
$583price/sqft
$2,671/moest. monthly cost
$106,840/yrincome needed

About This Home

Welcome to a Pacific Northwest retreat in the desirable Carlyon Beach Community near Steamboat Island. This charming 2-bedroom, 1-bath home offers 729 square feet of thoughtfully designed living space, plus a spacious 729-square-foot garage, creating the perfect balance of comfort, functionality, and flexibility. Surrounded by mature trees, this home embraces seamless indoor-outdoor living. Wake each morning to peaceful woodland views, enjoy coffee on the inviting front porch while greeting neighbors, or unwind as nature provides the perfect backdrop. The fully fenced yard features multiple outdoor living spaces, offering room to entertain, garden, relax, or simply explore the tranquil path leading toward the creek behind the property. Inside, natural light fills every room, creating a warm, bright atmosphere. The efficient floor plan makes the home feel larger than its footprint, while its cozy charm evokes the feeling of a treehouse, beach cottage, and woodland cabin all in one. The garage provides versatility with room for hobbies, storage, a workshop, home gym, or creative studio. Enjoy a true sense of community with access to a private neighborhood park and beach. Stroll the quiet streets, waterfront sunsets, launch a kayak, or simply embrace the relaxed beach-town atmosphere that makes this Steamboat Island neighborhood so special. If you've been searching for an affordable home near Olympia that offers privacy, community, and the beauty of the PNW, this one is ready!

Getting Around

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
7
BikeSomewhat Bikeable

Schools

8/10
Griffin SchoolGrades PK-87.6 mi

Construction

Condition

  • Year built: 2021

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Cement/Concrete

Notable Dates

  • Major remodel year: 2021

Type & Style

  • Home type: SingleFamily
  • Architectural style: 1 Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Refrigerator(s),Washer(s)

Basement

  • Basement: None

Bathroom Full

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Entry Hall

  • Level: Main

Family Room

  • Level: Main

Features

  • Dining Room
  • Window features: Dbl Pane/Storm Window
  • Flooring: Laminate,Carpet
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning,Main Level: 1,Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace,Ductless,Electric,Propane,Wood
  • Cooling features: Ductless

Interior Area

  • Total structure area: 729
  • Total interior livable area: 729 sqft

Kitchen Without Eating Space

  • Level: Main

Master Bedroom

  • Level: Main

Utility Room

  • Level: Main

Property

Details

  • Parcel number: 39111000300
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Dbl Pane/Storm Window,Dining Room,Fireplace
  • Has view: Yes
  • View description: Partial
  • Topography of land: Level,Partial Slope
  • Residential vegetation: Brush,Fruit Trees,Garden Space,Wooded

Lot

  • Lot size: 10,715 sqft
  • Features: Paved,Deck,Dog Run,Fenced-Fully,Gas Available,Outbuildings,Patio,RV Parking,Shop

Parking

  • Total spaces: 6
  • Parking features: Driveway,Attached Garage,RV Parking
  • Has garage: Yes
  • Covered spaces: 2
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Earthquake
Coastal Flooding
Heat Wave
Inland Flooding
Landslide

FEMA Declared Disasters in Thurston County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,149$25,788
Home Insurance *$103$1,236
Property Taxes $270$3,240
Electricity $149$1,793
Total$2,671$32,052
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$91,577/yr
40% on housing$80,130/yr
45% on housing$71,226/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.8%
10.8%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$583This listing

vs Other Active Listings

Avg $/sqft

ZIP 98502$268
Thurston County$297

vs Homes Sold Last Month

Median $/sqft

ZIP 98502$328
Thurston County$285

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-04Price change$414,999
2026-07-09Listed for sale$424,999
2024-05-31Sold$400,000
2024-05-14Pending sale$399,950
2024-05-07Listed for sale$399,950
2024-04-30Pending sale$399,950
2024-04-18Listed for sale$399,950
2020-01-22Sold$17,000
2020-01-22Listed for sale$20,000
2020-01-08Pending sale$20,000
2019-11-07Price change$20,000
2019-08-06Listed for sale$35,000
2017-03-29Sold$6,719
2013-05-04Listing removed$30,000
2012-05-02Listed for sale$30,000
2010-11-01Listing removed$30,000
2010-02-24Listed for sale$30,000
2010-01-16Listing removed$35,000
2009-11-10Listed for sale$35,000
2009-09-28Listing removed$40,000
2009-06-16Listed for sale$40,000
2008-07-02Listing removed$47,000
2008-05-29Listed for sale$47,000

For Sale by Agent

AgentTalib DiNero Williams
BrokerageWindermere Central Sound

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