Steamboat Island Homes with Rehab Loan Terms

Steamboat Island Homes with Rehab Loan Terms

Welcome to Steamboat Island, a hidden gem nestled in the heart of Thurston County, Washington. Just a stone’s throw away from Olympia, this picturesque neighborhood offers a perfect blend of serene waterfront living and a tight-knit community atmosphere. Known for its stunning views of the Puget Sound and the majestic Olympic Mountains, Steamboat Island is ideal for nature lovers and those seeking a peaceful retreat from the hustle and bustle of city life.

The area boasts a variety of outdoor activities, including kayaking, fishing, and hiking, making it a haven for adventure enthusiasts. With its lush landscapes and vibrant wildlife, you’ll find plenty of opportunities to explore and connect with nature right in your backyard. Families will appreciate the excellent schools nearby and the sense of community that comes from living in such a welcoming environment.

When it comes to homeownership, Steamboat Island offers unique opportunities for buyers looking to invest in properties with rehab loan terms. These loans are designed to help you purchase a home that may require some renovations or improvements, allowing you to create your dream space while building equity. Whether you envision a cozy cottage by the water or a modern retreat with breathtaking views, the possibilities are endless.

In Steamboat Island, you’re not just buying a home; you’re investing in a lifestyle. With its idyllic surroundings, community spirit, and the potential for a personalized living space, this charming neighborhood is the perfect place to call home. Come explore the possibilities that await you in Steamboat Island!

Newest Steamboat Island Homes with Rehab Loan Terms

$395,000
2 Beds ⋅ 2 Baths ⋅ 2517513 MLS ⋅ ACTIVE Status
TWO WATERFRONT HOMES WITH SWEEPING VIEWS FOR AN INVESTOR OR EXTENDED FAMILY TO GIVE THE PROPERTY SOME TLC! 159' of High Bank Totten Inlet waterfront! This Steamboat Peninsula property features two separate homes on one high-bank parcel at the end of a quiet road. The residences are positioned at a private distance from each other, with one located near Elizan Road and the second situated along the water. Both homes include huge entertaining decks designed to take advantage of the western exposure and sweeping views of Totten Inlet.The layout and privacy between the units provide significant Airbnb potential or a flexible setup for multi-generational living. An unfinished shop with DADU potential sits between the homes, and the property also includes a two-car carport and a garden shed. Both homes have functional interiors that would benefit from modernization, and the exteriors require repair. Please note that while the property offers water views, there is no direct water access. This is a "fixer" property available for cash purchase only, offering a straightforward opportunity to build equity through a renovation project. Buyers must be accompanied by licensed agents to visit the property.

6105 Elizan Drive NW, Olympia

Listing courtesy of Virgil Adams Real Estate, Inc..

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