$521,000
Listed at $535,0001 bd•0.5 ba•1,134 sq ft
7031 Gallagher Cove Road Nw, Olympia, WA 98502
• Listed 2025-10-17
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Based on information submitted to the MLS GRID as of January 30, 2026 at 04:05am (date and time MLS GRID Data was obtained). 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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Tucked away in the trees of Steamboat Island, this property blends privacy, flexibility, and opportunity. The home offers 504 sqft of modern comfort with vinyl plank floors, granite counters, stainless appliances, and custom cabinetry, all attached to an impressive 1,872 sqft shop built for any project or passion. Upstairs, a 630 sqft finished bonus room adds space for an office, studio, or guest retreat. The 4.8-acre lot feels like your own private park with open pasture, mature timber, and room to roam. The back field offers a rare chance to build a second home, create a multi-generational setup, or design your dream expansion. Peaceful and versatile, this property is perfect for those who want space to live and grow on their own terms.
Listed by Jordan Doughty • Coldwell Banker Evergreen
Listing updated: January 30, 2026 at 04:05am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2446090
Open houses
No upcoming open houses scheduled for this property.
$448,000
-$73,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $318K and $719K.
Rental earnings
$1,350/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$521,000Last sold price
7031 Gallagher Cove Road Nw, Olympia, WA 98502

$719,000Last sold price
4815 Sunrise Beach Road Nw, Olympia, WA 98502
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
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Olympia is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 10 days.
$521,000 Sold
6 months ago
1 bd•0.5 ba•~1,134 sq ft•Single Family
7031 Gallagher Cove Road Nw, Olympia, WA 98502
3%
Under list
—
Days on market
0.1 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Griffin School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.