Property Details
3534 Gravelly Beach Loop NW, Olympia, WA 98502
Olympia, WA 98502
$1,988,000
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About This Home
Experience the ultimate waterfront lifestyle on Eld Inlet at Flapjack Point in the desirable Griffin School District and Steamboat Island Community. This rare no-bank property offers 180-degree views from one of Thurston County’s finest beaches, creating a true everyday retreat. This one-owner home features a traditional yet versatile floorplan with vaulted ceilings, large picture windows, and a spacious gourmet kitchen ideal for entertaining. Two primary suites, each with full baths and walk-in closets, plus multiple flexible spaces for an office, gym, studio, arts and crafts, or guest use. This home adapts to your lifestyle. New carpet & pad throughout the main home & efficiency studio above the detached shop, and fresh interior paint. The daylight basement includes a full kitchen, 3/4 bath, and additional living quarters. Enjoy mature, vibrant & colorful landscaping, a covered gazebo at the water’s edge, and endless opportunities to relax or host gatherings. A private boat launch, moorage buoy, with included tideland, complete this exceptional setting. Additional highlights include an attached 2-car garage, basement utility garage, detached 3-car shop, and a fully functional 1,000± sq ft studio apartment—perfect for guests or extended living. A rare opportunity to own a one-of-a-kind Pacific Northwest waterfront retreat. Come take a look and make your dreams become a reality.
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Active
County
Thurston
Neighborhood
Gravelly Beach
Listed
Apr 6, 2026
Interior Features
Bedrooms
2
Bathrooms
4.0
Half Baths
1
Living Area
5,628 sq ft
Basement
Daylight, Finished
Entry Level
Main
Interior Features
Second Kitchen, Second Primary Bedroom, Bath Off Primary, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, High Tech Cabling, Pantry, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wet Bar, Wired for Generator
Exterior & Lot
Lot Size
0.75 sqft
Year Built
2002
Exterior Materials
Wood
Parking
Driveway, Attached Garage, Detached Garage, Off Street
Sewer
Septic Tank
Water Source
Individual Well
Lot Features
Paved, Value In Land
Exterior Features
Wood
Location
City
Olympia
County
Thurston
Coordinates
47.10750, -122.95658
Schools
School District
Griffin
Elementary School
Griffin Elem
Middle School
Griffin Mid School
High School
Capital High
HOA / Association
Additional Information
Tax Year
2026
Annual Taxes
$15,607
Possession
Array
Inclusions
Dishwasher(s),Dryer(s),Garbage Disposal,Leased Equipment,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
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Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
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