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    • Listed by: Virgil Adams Real Estate, Inc.
    $905,000

    8031 Kerbaugh Road NE, Olympia, WA 98516

    --beds
    --baths
    16.47Acres
    Unimproved Land
    Built in ----
    16.47 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Private waterfront parcelOwnership of the tidelandsMarketable timber
    First time on market since the Hoover administration! Ultra-rare large estate-sized and private waterfront parcel on desirable Johnson Point! Splendid views of Henderson Inlet and the Olympics, and approximately 500' of gorgeous gravelly beachfront plus ownership of the tidelands. Zoned 1 unit per 5 acres. There is definitely marketable timber but no timber cruise has been done. This is the perfect palette for your "statement" home!
    1149 days
    |
    416
    |
    14
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 16, 2026 at 05:27pm

    Listed by:

    Spence Weigand,

    Virgil Adams Real Estate, Inc.,

    Nate Burgher,

    Virgil Adams Real Estate, Inc.

    Source: NWMLS as distributed by MLS GRID,MLS#: 2031845MLS Logo

      Facts & features

      Interior

      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 0

      Property

      Features
      • Has view: Yes
      • View description: Bay, Mountain(s), Sound
      • Has water view: Yes
      • Water view: Bay,Sound
      • Waterfront features: Medium Bank, Bayfront, Saltwater, Sound
      • Frontage length: Waterfront Ft: 500' Henderson Inlet
      Lot
      • Size: 16.47 Acres
      • Features: Dead End Street, Paved, Secluded, Comm. Grade Timber, Evergreens, Heavily Forested, Partially Cleared
      • Topography: Level,Sloped
      Details
      • Parcel number: 11908410103
      • Zoning: RRR 1/5
      • Zoning description: Residential,Jurisdiction: County
      • Special conditions: Standard

      Utilities & green energy

      • Electric: In Street
      • Gas: Not Available
      • Sewer: Not Available
      • Water: Well Needed
      • Utilities for property: Electricity Available

      Community & HOA

      Community
      • Subdivision: Johnson Point
      Location
      • Region: Olympia

      Financial & listing details

      • Tax assessed value: $906,900
      • Annual tax amount: $7,021
      • Date on market: 5/22/2023
      • Cumulative days on market: 1037 days
      • Listing terms: Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        9/19/2025Listed for sale$905,000
        Source: NWMLS as distributed by MLS GRID #2031845 Report a problem
        7/31/2025Pending sale$905,000
        Source: NWMLS as distributed by MLS GRID #2031845 Report a problem
        5/3/2025Listed for sale$905,000
        Source: NWMLS as distributed by MLS GRID #2031845 Report a problem
        4/10/2025Listing removed$905,000
        Source: NWMLS as distributed by MLS GRID #2031845 Report a problem
        4/13/2024Listed for sale$905,000
        Source: NWMLS as distributed by MLS GRID #2031845 Report a problem
        3/6/2024Pending sale$905,000
        Source: NWMLS as distributed by MLS GRID #2031845 Report a problem
        7/9/2023Price change$905,000-8.6%
        Source: NWMLS as distributed by MLS GRID #NWM2031845 Report a problem
        1/31/2023Listed for sale$990,000
        Source: NWMLS as distributed by MLS GRID #2031845 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$9,885 +23.7%$906,900 +8.2%
        2023$7,993 +27.6%$838,000 +29.3%
        2022$6,264 -10.8%$647,900 +6.7%
        2021$7,021 +18%$607,300 +27.3%
        2020$5,949 +6.7%$477,000 -23.7%
        2019$5,575 -15.8%$625,200 +23.1%
        2018$6,619 +10.9%$508,000 +17%
        2017$5,971 $434,250 -7.6%
        2016$5,971 $470,200 +4.2%
        2014$5,971 $451,200

        Find assessor info on the county website

        BuyAbility℠ payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Boost your down payment with 6% savings match

        Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

        Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

        Climate risks

        Neighborhood: 98516

        Getting around

        0 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        4 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: South Bay Elem
        • Middle: Chinook Mid
        • High: North Thurston High

        Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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