Thurston County
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Property Description
Bring your plans for a waterfront retreat on Steamboat Island! A completed concept review with Thurston County Planning confirmed that either building a new site-built home or replacing the existing manufactured home is allowable. This low-bank waterfront property along beautiful Hope Passage offers possibilities for a vacation getaway, full-time residence or investment in one of the South Sound’s unique waterfront communities. The property currently features a two-bedroom, one-bath manufactured home and a detached two-story, two-car garage. Cross the quaint bridge onto the island and discover a peaceful escape where boating, fishing and exploring the waterways of the Pacific Northwest become part of everyday life. Picture paddleboarding at sunrise, crabbing adventures and weekends discovering hidden coves and nearby marinas by boat. Watch the changing tides, breathe in the salt air and settle into the rhythm of island living. From quiet mornings with coffee by the water to afternoons exploring Puget Sound, this setting invites you to make the most of every season. Steamboat Island is known for its welcoming waterfront atmosphere and laid-back island feel, while remaining close to Olympia’s vibrant downtown, restaurants, breweries, coffee shops, music venues and beloved Farmers' market. Enjoy a waterfront getaway today while envisioning its next chapter. Bring your imagination and experience the magic of Puget Sound living!
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Assumptions and Disclosures
- Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
- This is not a credit decision or a commitment to lend.
- Depending on loan guidelines, mortgage insurance may be required
- If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
- APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
- Your monthly payment is not based on APR, but instead on the interest rate on your Note.
- Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
- These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
- Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
- Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
- Please contact a loan specialist to get specific payment examples and information regarding your particular needs.
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