Rockhood
$350,000List price
2 bed · 1 bath
Pending

12990 Shady Glen Avenue SE · Olalla, WA 98359

Source: NWMLS · Engel & Volkers Chambers Bay · Carson Stewart #NWM2573163

About this home

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.

Location

Basics

Property type
Single Family Residence
Style
2 Story
Stories
2 stories
Year built
1984
Building area
2,280 sq ft
Lot size
126,760 sq ft (2.91 acres)
County
Kitsap
MLS #
NWM2573163

Interior

Heating
Wall Furnace
Cooling
None
Flooring
Concrete
Appliances
Dishwasher, Refrigerator, Stove(s)/Range(s)
Fireplace
1 · Wood Burning
Interior features
Dbl Pane/Storm Window, Dining Room, Fireplace, Water Heater
Entry level
Lower

Exterior & lot

Exterior features
Wood Products
Roof
Composition
Foundation
Poured Concrete
Topography
Partial Slope
Waterfront
No

Parking

Parking spaces
1
Carport
Yes
Covered spaces
1
Parking features
Detached Carport, Driveway, RV Parking

Utilities

Water
Individual Well
Sewer
Septic Tank
Power
Electric

Community & fees

Subdivision
Olalla
Property tax
$449 (2026)

Transaction

Listed on
Aug 24, 2026
Days on market
7
Listing terms
Cash, Rehab Loan
Possession
Closing

More homes nearby

Schools

School district: South Kitsap

Elementary
Buyer To Verify
Middle
Buyer To Verify
High
South Kitsap High School
SchoolDigger 3 stars · Top 36% in WA

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Listing provided courtesy of: Engel & Volkers Chambers Bay

Listing agent: Carson Stewart.

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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Data last updated 2026-09-01.