220 E Olympic Drive, Grapeview, WA, 98546
About This Home
Summers feel a little sweeter here. The pace slows down. Days are spent on the water, evenings gathered on the deck, and the memories made seem to linger long after the weekend ends. Just in time for the start of lake season, this cabin-inspired retreat in Paradise Estates offers an opportunity to enjoy one of Mason County’s most beloved lakes at an approachable price point. Searching for a weekend getaway, vacation home, Airbnb investment, or full-time escape from the city? This property captures the lifestyle buyers dream about when they picture summers in the Pacific Northwest. Inside, the open-concept living spaces create an easy flow for entertaining and relaxing after long lake days. The spacious kitchen features quartz countertops and connects seamlessly to gathering spaces filled with natural light and peaceful views. The flexible layout includes 2 bedrooms, a bonus flex room, PLUS a private studio addition complete with its own kitchen and bath - ideal for guests, multi-generational living, rental potential, or extra privacy. Outside, the expansive deck becomes the backdrop for summer dinners, morning coffee, and evenings under the stars. Just moments away, enjoy private community access to Mason Lake with a dock, swim area, boat launch, and endless opportunities for boating, fishing, kayaking, and paddleboarding. Here, summer isn’t just a season - it’s a lifestyle waiting for you. Easy access from Gig Harbor, Tacoma & Seattle makes this the ideal waterfront escape.
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Property condition: Good
- Year built: 1988
Materials
- Foundation: Poured Concrete
- Roof: Composition,Torch Down
- Construction materials: Wood Siding,Wood Products
Type & Style
- Home type: SingleFamily
- Architectural style: 1 1/2 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: Second
Bathroom Three Quarter
- Level: Main
Bathroom Three Quarter
- Level: Split
Bedroom
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Den Office
- Level: Main
Dining Room
- Level: Main
Entry Hall
- Level: Main
Features
- Bath Off Primary,Dining Room,High Tech Cabling
- Window features: Dbl Pane/Storm Window,Skylight(s)
- Flooring: Vinyl,Vinyl Plank,Carpet
- Number of fireplaces: 1
- Fireplace features: Electric,Main Level: 1,Fireplace
- Fireplace: Yes
Heating & Cooling
- Heating features: Fireplace,Wall Furnace,Electric,Propane
- Cooling features: Wall Unit(s)
Interior Area
- Total structure area: 1,920
- Total interior livable area: 1,920 sqft
Kitchen With Eating Space
- Level: Main
Kitchen Without Eating Space
- Level: Split
Living Room
- Level: Main
Master Bedroom
- Level: Main
Other
- Level: Split
Utility Room
- Level: Main
Utility Room
- Level: Split
Property
Details
- Parcel number: 221085500001
- Zoning: RR5
- Zoning description: Jurisdiction: County
- Special condition: Standard
Features
- Levels: One and One Half
- Stories: 1
- Entry location: Main
- Patio & porch: Bath Off Primary,Dbl Pane/Storm Window,Dining Room,Fireplace,High Tech Cabling,Skylight(s),Vaulted Ceiling(s)
- Has view: Yes
- View description: Lake,Partial
- Has water view: Yes
- Water view: Lake
- Topography of land: Level,Sloped
- Residential vegetation: Garden Space
Lot
- Lot size: 7,840 sqft
- Features: Paved,Cable TV,Deck,High Speed Internet,Propane
- Lot size dimensions: 115' x 66' x 115' x 68'
Parking
- Total spaces: 3
- Parking features: Detached Carport
- Covered spaces: 3
- Carport: Yes
- Carport 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
- Inland Flooding
- Landslide
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Mason 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 | $2,326 | $27,912 |
| Home Insurance * | $107 | $1,284 |
| Property Taxes | $323 | $3,876 |
| Electricity | $149 | $1,793 |
| Total | $2,905 | $34,860 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-11 | Price change | $460,000 |
| 2026-05-21 | Listed for sale | $475,000 |
| 2023-08-21 | Sold | $425,000 |
| 2023-07-30 | Pending sale | $425,000 |
| 2023-07-25 | Price change | $425,000 |
| 2023-07-10 | Price change | $435,000 |
| 2023-07-03 | Pending sale | $450,000 |
| 2023-05-16 | Listed for sale | $450,000 |
| 2020-09-24 | Sold | $250,000 |
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