James & Angie Smith

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Listing provided courtesy of Virgil Adams Real Estate, Inc.NWMLSas Distributed by MLSGrid- MLS# NWM2031845MLS Provider

8031 Kerbaugh Road NEOlympia, WA 98516

Vacant Land · 16.47 Acres
$905,000 Active

8031 Kerbaugh Road NE Overview

Visits:
9

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!

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8031 Kerbaugh Road NE Facts & Features

  • Type Vacant Land
  • Lot 16.47 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: North Thurston
  • Elementary School: South Bay Elem
  • Middle Or Junior School: Chinook Mid
  • High School: North Thurston High

Location/Region

  • Country: US
  • County Or Parish: Thurston
  • MLS Area Major: 446 - Thurston Ne
  • Subdivision Name: Johnson Point

Tax Information

  • Tax Annual Amount: $7,021.00
  • Tax Year: 2022

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 11908410103
  • Possible Use: Residential
  • Property Sub Type: Land
  • Property Type: Land
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Heating: No
  • Living Area: 0
  • Main Level Bathrooms: 0

Exterior

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Dead End Street, Paved, Secluded
  • Lot Size Acres: 16.47
  • Lot Size Square Feet: 717433
  • Lot Size Units: Square Feet
  • Property Features: Comm. Grade Timber,Evergreens,Heavily Forested,Partially Cleared
  • Road Responsibility: County
  • Topography: Level, Sloped
  • Elevation Units: Feet
  • Water Source: Well Needed

Waterfront/View

  • Waterfront Features: Medium Bank, Bayfront, Saltwater, Sound
  • Waterfront Footage: 500' Henderson Inlet
  • Waterfront: Yes

Building Exterior/Construction

  • Structure Type: None

General Information

  • Carport: No
  • Electric On Property: No
  • Sewer: Not Available
  • Utilities: Electricity Available

8031 Kerbaugh Road NE Neighborhood

Community

98516 (Lacey) Demographics

40
Median Age
596
Population Density (per sq. mile)
51%
College Educated
$83,249
Estimated Median Income
7,348
Estimated Total Home Owners
2,423
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

8031 Kerbaugh Road NE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

8031 Kerbaugh Road NE Market Data

Based on the last 30 days in this zip code

$678,229
Average List Price
$312
Average Price per Square Foot
35
Properties Sold
55
Average Days on Market
167
Properties for Sale
Calculations provided by Reliance Network

8031 Kerbaugh Road NE History

Date Event Value Agent
9/19/2025Source: NWMLS Status Change
Active
7/31/2025Source: NWMLS Status Change
Pending Feasibility
4/13/2024Source: NWMLS Status Change
Active
3/5/2024Source: NWMLS Status Change
Pending Feasibility
7/9/2023Source: NWMLS Price Reduction
$905,000 -4.7%
7/9/2023Source: NWMLS Price Reduction
$950,000 -4.0%