Listed by Redfin
$2,490,000

1220 Madrona Beach Rd NW Olympia, WA 98502

Estimated payment $15,257/month

Total Views 2,662
4 Beds
4 Baths
6,012 Sq Ft
$414 Price per Sq Ft

Highlights

  • 500 Feet of Waterfront
  • Spa
  • Two Primary Bedrooms
  • Ocean View
  • RV Access or Parking
  • Gated Community

About This Home

Experience unmatched luxury in this waterfront masterpiece. Crafted with meticulous attention to detail, this home epitomizes quality and comfort by combining sophistication with practicality. With over 500 ft of low bank waterfront, enjoy breathtaking views of Eld Inlet and Mt. Rainier. Your private, five acre gated property is perfectly complemented with mature landscaping, forestry and stunning koi pond. Offering multiple indoor and outdoor living spaces, soaring vaulted ceiling, expansive windows, and in ground hot tub, this modern lifestyle home was designed to accommodate both large gatherings, and intimate affairs. Nearby to schools, shopping, freeway, and other amenities.

Listing Agent

David MacPhail

Redfin License #27309

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2349814

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,617

Year Built

  • Built in 2006

Lot Details

  • 5 Acre Lot
  • 500 Feet of Waterfront
  • Home fronts a sound
  • Open Space
  • Street terminates at a dead end
  • Northeast Facing Home
  • Gated Home
  • Partially Fenced Property
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Property is in very good condition

Parking

  • 4 Car Attached Garage
  • Driveway
  • RV Access or Parking

Property Views

  • Ocean
  • Views of a Sound
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 6,012 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • 2 Fireplaces
  • Gas Fireplace
  • French Doors
  • Dining Room

Kitchen

  • Walk-In Pantry
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Hydromassage or Jetted Bathtub
  • Spa Bath

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Spa
  • Patio
  • Outbuilding

Location

  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Radiant Heating System
  • Generator Hookup
  • Propane
  • Private Water Source
  • Well
  • Hot Water Circulator
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 13812340600

Community Details

Overview

  • No Home Owners Association
  • Olympia Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,617

Year Built

Built in 2006

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2006
  • Inclusions: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 6012
  • SeniorExemption: false
  • DetachedDwellingSqFtFinished: 0
  • Special Features: VirtualTour
  • Cumulative Days on Market: 19

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Private Spa: Yes
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Concrete, Hardwood, Carpet
  • Interior Amenities: Second Primary Bedroom, Bath Off Primary, Built-In Vacuum, Ceramic Tile, Concrete, Double Pane/Storm Window, Dining Room, Fireplace, Fireplace (Primary Bedroom), French Doors, Hardwood, High Tech Cabling, Hot Tub/Spa, Jetted Tub, Security System, Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Wall to Wall Carpet, Water Heater, Wired for Generator
  • Living Area: 6012
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Bathrooms: 3.75
  • BathsFullMain: 1
  • FireplacesMain: 2
  • SquareFootageFinished: 6012
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Ocean, Sound, Territorial
  • Lot Features: Dead End Street, Open Space, Paved, Secluded
  • Pool Features: In Ground
  • View: Yes
  • Waterfront Features: Sound
  • Waterfront: Yes
  • Construction Type: Wood
  • Direction Faces: Northeast
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true
  • PoolType: In-Ground
  • WaterfrontFootage: 500
  • WaterAccess: Beach Rights,Tideland Rights

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, RV Parking
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well, Private
  • Cooling: Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump, Hot Water Recirc Pump, Radiant
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Private Well
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Gated
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Griffin
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 13812340600
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 5
  • Lot Size Sq Ft: 217800
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,Gated Entry,High Speed Internet,Hot Tub/Spa,Outbuildings,Patio,Propane,RV Parking,Sprinkler System
  • MLSLotSizeSource: Realist - Buyer to verify
  • MLSSquareFootageSource: Realist - Buyer to verify
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 16617

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $16,617 $2,041,500 $407,800 $1,633,700
2023 $16,617 $1,955,700 $305,700 $1,650,000
2022 $17,751 $2,398,000 $312,000 $2,086,000
2021 $14,336 $1,827,800 $357,200 $1,470,600
2020 $14,458 $1,317,200 $287,000 $1,030,200
2019 $12,331 $1,186,800 $337,100 $849,700
2018 $12,874 $1,025,100 $268,800 $756,300
2017 $13,145 $1,248,800 $185,600 $1,063,200
2016 $12,241 $1,071,700 $207,400 $864,300
2014 -- $1,035,800 $209,500 $826,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2025 04/10/25 For Sale $2,490,000 -- $414 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,000,000 Stewart Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $129,000 Thurston County Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 Credit Line Revolving
Closed $388,000 New Conventional
Closed $750,000 New Conventional
Previous Owner $968,000 Balloon
Previous Owner $1,280,000 Construction
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2349814

Northwest Multiple Listing Service (NWMLS)

APN: 13812340600