12990 Shady Glen Avenue SE, Olalla, WA 98359

$350,000
2
BD
1
BA

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Listing courtesy of Engel & Volkers Chambers Bay.

List Price
$350,000
Status
ACTIVE
MLS#
2573163
Days on Market
0
Bedrooms
2
Area Total SqFt
2280
Annual Tax Ammount
449
Lot Size (sq ft)
126,760
Fireplace
Yes
Sewer
Septic Tank
Offer Review Date
2026-08-31

Property Description

Investor alert!!! This is an incredible investment opportunity to own a nearly 3 acre property in a prime location, just a couple minutes from Highway 16. The existing home on the property is a blank slate! While the partially finished bottom floor features 2 bedrooms, 1 bathroom, a fireplace and a functioning kitchen, the top floor is unfinished and ready to be transformed into the home of your dreams! Water and electricity run to the home already. The property is a beautiful, park-like setting with plenty of space for whatever your needs may be. The property has an existing individual well and septic tank. The driveway is in good shape and is gated for security. There are several open spaces on the property providing endless opportunities. There are multiple existing outbuildings on the property that could be revamped and used as shop space or storage. 1 car carport detached from the main home for covered parking. Ample flat RV parking and boat parking spaces. The serene property is quiet and feels secluded yet has easy access to Highway 16 for commuters and quick access to local amenities.

Additional Information

Community
Olalla
Style
12 - 2 Story
Year Built
1984
Total Covered Parking
1
Roof
Composition
Site Features
Cable TV, Outbuildings, RV Parking, Shop
Tax Year
2026
School District
South Kitsap
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Potential Terms
Cash, Rehab Loan
Interior Features
Dbl Pane/Storm Window, Dining Room, Fireplace, Water Heater
Flooring
Concrete
Driving Directions
From Highway 16 take exit 20 for SE Burley Olalla Rd. Travel west on SE Burley Olalla Rd for 1.3 miles. Turn right onto Shady Glen Ave SE. Turn right at the 2nd driveway on your right.
Appliance
Dishwasher, Refrigerator, Stove(s)/Range(s)
Appliances Included
Dishwasher(s), Refrigerator(s), Stove(s)/Range(s)
Water Heater Location
Utility Room
Water Heater Type
Electric
Energy Source
Electric
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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