Listing provided courtesy of RE/MAX ExclusiveNWMLSas Distributed by MLSGrid- MLS# NWM2545493MLS Provider

516 1st StreetSteilacoom, WA 98388

Single Family · 1 Bed · 1 Full Bath · 1,188 Sq. ft. | 0.24 Acres
$650,000 Active

516 1st Street Overview

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Once upon a time…you found the one. Tucked away on a rare 10,000+ sq. ft. Puget Sound view lot in the heart of Steilacoom, this enchanting storybook cabin captures the warmth, charm, and character that’s nearly impossible to find today. Surrounded by towering evergreens with views of Puget Sound, this one-of-a-kind retreat offers approximately 1,200 sq. ft. featuring soaring ceilings, rich wood accents, a spacious bedroom, and a generous loft where you’ll wake to water views. Beyond its undeniable charm lies extraordinary opportunity. Whether you envision embracing the cabin just as it is, expanding the existing home, building a detached garage with an ADU above, or creating a separate ADU for guests, income, or multigenerational living, the oversized lot offers the space to bring your vision to life (buyer to verify). The possibilities are as endless as your imagination. This isn’t simply a home—it’s a chance to create a legacy property in one of Washington’s most treasured waterfront communities. Just moments from Steilacoom’s waterfront and historic downtown, this magical retreat invites you to enjoy today while building something extraordinary for generations to come. Spend your days exploring Historic Steilacoom's waterfront, beaches, parks shops, local restaurants and ferry to Anderson Island. It's more than a place to live-it's a place to slow down, make memories and create a lifestyle you have always dreamed of. 15-minute drive to JBLM and I-5.

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516 1st Street Facts & Features

  • Type Single Family
  • Sq. ft. 1,188
  • Price/Sq.ft. $547
  • Lot 0.24 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Steilacoom Historica

Building Information

  • Building Name: Chapmans Part
  • New Construction: No
  • Year Built: 2010

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 43 - Steilacoom
  • Subdivision Name: Steilacoom

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: $4,650.00
  • Tax Year: 2026

General Information

  • Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Listing Terms: Cash, Conventional, FHA, VA Loan
  • Parcel Number: 2990001434
  • Property Condition: Very Good
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Building Information

  • Building Information: Built On Lot,Detached

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 1
  • Bedrooms Lower: 0
  • Bedrooms Upper: 0

Building Interior

  • Appliances Included: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Building Area Total: 1188
  • Building Area Units: Square Feet
  • Calculated Square Footage: 1188
  • Square Footage Finished: 1188
  • Square Footage Unfinished: 0

General Information

  • Appliances: Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer
  • Basement: None
  • Cooling: No
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Concrete
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Interior Features: Fireplace, Loft, Vaulted Ceiling(s)
  • Levels: One and One Half
  • Living Area: 1188
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Power Production Type: Electric,See Remarks

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: Off Street
  • Parking Total: 0

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.2447
  • Lot Size Square Feet: 10658
  • Lot Size Units: Square Feet
  • Topography: Level
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Roof: Composition
  • Structure Type: House

General Information

  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Wood
  • Sewer: Sewer Connected

Room Information

Room: Bathroom Full

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Entry Hall

  • Level: Main

Room: Great Room

  • Level: Main

Room: Utility Room

  • Level: Main

Room: Bonus Room

  • Level: Second

516 1st Street Neighborhood

Community

98388 (Steilacoom) Demographics

41
Median Age
322
Population Density (per sq. mile)
56%
College Educated
$85,083
Estimated Median Income
1,634
Estimated Total Home Owners
951
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

516 1st Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

516 1st Street Market Data

Based on the last 30 days in this zip code

$1,019,185
Average List Price
$372
Average Price per Square Foot
7
Properties Sold
72
Average Days on Market
39
Properties for Sale
Calculations provided by Reliance Network

516 1st Street History

Date Event Value Agent
6/28/2026Source: NWMLS Added to Database
June 28, 2026