Uncover the potential of this hidden gem nestled on the picturesque Steamboat Peninsula in Olympia. This almost 3,000+/- square foot home, a diamond in the rough, awaits a visionary buyer ready to restore it to its former glory. Slope issues exist and will need to be mitigated by its new owner. While some rooms offer a filtered view of the water, the expansive deck on the water side promises water vistas. Located in a tranquil inlet setting, surrounded by fine homes, in desirable Griffin schools. Features: private well, septic system, and a .82+/- acre lot facing Totten Inlet. Cash only sale. NO hard money loans. Installation of retaining wall is required to stabilize slope-estimated $250k-$300k.