INVESTOR SPECIAL!! Don’t miss this incredible opportunity to own a charming 1 bed, 1.75 bath cabin on 1.05 serene acres on Offutt Lake. This lakefront gem includes a 544 sq ft ADU—perfect for guests or rental income—a shop for all your projects, and a storage shed for extra space. Whether you're looking for a peaceful getaway, a smart investment, or a full-time lake lifestyle, this property checks all the boxes. Beautiful natural surroundings, endless potential, and unbeatable value—schedule your showing today! No repairs or modifications will be made, this is being sold as is.
Sold
Listed by:
Micah D Tilley,
eXp Realty,
Ryan Schlecht,
eXp Realty
Bought with: RE/MAX Advantage
$310,000
4949 Waldrick Road SE, Olympia, WA 98501
2beds
1,744sqft
Single Family Residence
Built in 1933
1.05 Acres Lot
$307,200 Zestimate®
$178/sqft
$2,813 Estimated rent
Home value
$307,200
$289,000 - $326,000
$2,813/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 29, 2025 at 04:01am
Offers reviewed: Apr 13
Listed by:
Micah D Tilley,
eXp Realty,
Ryan Schlecht,
eXp Realty
Bought with:
Kimberly D Piper, 21003415
RE/MAX Advantage
Source: NWMLS,MLS#: 2356823
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Lower
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Lower
Bonus room
- Level: Lower
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace(s), Baseboard, Other – See Remarks
Cooling
- None
Appliances
- Included: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Features
- Dining Room
- Flooring: Hardwood
- Basement: Finished
- Number of fireplaces: 1
- Fireplace features: Main Level: 1, Fireplace
Interior area
- Total structure area: 1,200
- Total interior livable area: 1,744 sqft
Property
Parking
- Parking features: Driveway
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Dining Room, Fireplace
- Has view: Yes
- View description: Lake, Territorial
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake
Lot
- Size: 1.05 Acres
- Features: Secluded, Deck, Outbuildings
- Topography: Level
- Residential vegetation: Brush, Wooded
Details
- Additional structures: ADU Beds: 1, ADU Baths: 1
- Parcel number: 65902000500
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Products
- Foundation: Block
- Roof: Metal
Condition
- Year built: 1933
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: Septic
- Water: Individual Well, Company: Well
Community & neighborhood
Location
- Region: Olympia
- Subdivision: Olympia
Other
Other facts
- Listing terms: Cash Out
- Cumulative days on market: 5 days
Price history
| Date | Event | Price |
|---|---|---|
| 4/28/2025 | Sold | $310,000+24%$178/sqft |
Source:  NWMLS #2356823 Report a problem | ||
| 4/14/2025 | Pending sale | $250,000$143/sqft |
Source: NWMLS #2356823 Report a problem | ||
| 4/9/2025 | Listed for sale | $250,000+187.4%$143/sqft |
Source: NWMLS #2356823 Report a problem | ||
| 1/11/1995 | Sold | $87,000$50/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,724 -2.2% | $423,800 +7.9% |
| 2023 | $1,764 +79.5% | $392,600 +8.3% |
| 2022 | $983 +2.2% | $362,500 +17.2% |
Find assessor info on the county website
Neighborhood: 98501
Nearby schools
GreatSchools rating
- 4/10Tenino Elementary SchoolGrades: 3-5Distance: 4.2 mi
- 5/10Tenino Middle SchoolGrades: 6-8Distance: 4.2 mi
- 5/10Tenino High SchoolGrades: 9-12Distance: 4.6 mi
Schools provided by the listing agent
- Elementary: Tenino Elem
- Middle: Tenino Mid
- High: Tenino High
Source: NWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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