3122 Hollywood Drive NE, Olympia, WA, 98516
About This Home
Nestled in the sought-after Holly Wood development on a serene 1.14-acre property bordered by a creek and surrounded by peaceful wooded views and park-like grounds, this spacious 3-bedroom home offers the perfect blend of privacy, comfort, and exceptional outdoor living. Enjoy the tranquility while still being conveniently close to shopping, dining, schools, and everyday amenities. Designed with entertaining and flexibility in mind, the home features a large basement ideal for gatherings, a media room, recreation space, or multi-generational living. The inviting living room is centered around a beautiful brick gas fireplace with built-ins, creating a warm and timeless focal point. Additional home updates include a 50-year roof installed in 2018 and dual HVAC system. The spacious kitchen opens through sliding glass doors to a stunning new deck overlooking the beautifully landscaped backyard. Over $100,000 has been invested into transforming the outdoor space into a true entertainer’s dream, featuring an expansive paver patio, gazebo, new decking, and palm trees that create a unique resort-inspired atmosphere rarely found in the Pacific Northwest. The private wooded property extends toward a creek, enhancing the peaceful natural surroundings. Whether entertaining guests, enjoying the beauty of nature, or simply relaxing on the deck or patio, this home offers an incredible opportunity to enjoy spacious living in one of the area’s most tranquil and desirable settings.
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Good
- Year built: 1990
Materials
- Foundation: Poured Concrete
- Roof: Composition
- Construction materials: Brick,Cement Planked,Cement Plank
Notable Dates
- Major remodel year: 1994
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional,1 Story w/Bsmnt.
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Disposal,Microwave,Refrigerator,Stove(s)/Range(s),Garbage Disposal,Microwave(s),Refrigerator(s),Water Heater: Gas,Water Heater Location: Basement
Basement
- Has basement: Yes
- Basement: Finished
Bathroom Full
- Level: Main
Bathroom Full
- Level: Main
Bathroom Three Quarter
- Level: Lower
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Bonus Room
- Level: Lower
Features
- Bath Off Primary,Ceiling Fan(s),Pantry
- Door features: French Doors
- Window features: Dbl Pane/Storm Window
- Flooring: Ceramic Tile,Hardwood,Laminate,Vinyl Plank,Carpet
- Number of fireplaces: 1
- Fireplace features: Gas,Main Level: 1,Fireplace
- Fireplace: Yes
Heating & Cooling
- Heating features: Fireplace,Forced Air,Heat Pump,Electric,Natural Gas
- Cooling features: Forced Air,Heat Pump
Interior Area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Kitchen With Eating Space
- Level: Main
Living Room
- Level: Main
Master Bedroom
- Level: Main
Utility Room
- Level: Main
Property
Details
- Parcel number: 54980005900
- Zoning description: Jurisdiction: County
- Special condition: Standard
- Other equipment: Wired for Generator
Features
- Levels: One
- Stories: 1
- Patio & porch: Bath Off Primary,Ceiling Fan(s),Dbl Pane/Storm Window,Fireplace,French Doors,Jetted Tub,Pantry,Vaulted Ceiling(s),Walk-In Closet(s),Water Heater,Wired for Generator
- Spa features: Bath
- Has view: Yes
- View description: Territorial
- On waterfront: Yes
- Waterfront features: Creek
- Topography of land: Level,Terraces
- Residential vegetation: Garden Space,Wooded
Lot
- Lot size: 1.14 Acres
- Features: Paved,Secluded,Cabana/Gazebo,Cable TV,Deck,Gas Available,High Speed Internet,Patio
Parking
- Total spaces: 3
- Parking features: Driveway,Attached Garage
- Has garage: Yes
- Covered spaces: 3
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
- Coastal Flooding
- Heat Wave
- Inland Flooding
- Landslide
How This Home’s Risks Compare
FEMA Declared Disasters in Thurston County and Washington
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,677 | $56,124 |
| Home Insurance * | $215 | $2,580 |
| Property Taxes | $825 | $9,900 |
| Electricity | $205 | $2,462 |
| Total | $5,922 | $71,064 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-11 | Pending sale | $925,000 |
| 2026-05-12 | Listed for sale | $925,000 |
| 2010-09-03 | Sold | $388,000 |
| 2010-06-24 | Pending sale | $399,000 |
| 2010-01-30 | Listed for sale | $399,000 |
| 2002-05-10 | Sold | $293,998 |
View on Zillow