Exceptional opportunity in Olalla! Sold for $1,040,000 just 16 months ago and now offered at $995,000, complete with a NEW $40,000 roof! Nestled on 2.55 private, park-like acres surrounded by towering evergreens, this beautiful home offers a peaceful retreat with exceptional versatility. Step inside to a dramatic great room featuring soaring vaulted wood ceilings, a stunning stone fireplace, and an overlooking upper-level balcony. The spacious, updated kitchen offers generous counter space, abundant cabinetry, and stainless appliances. Three main-floor bedrooms include a spacious primary suite with a spectacular spa-inspired stone shower. Upstairs, an expansive bonus suite with its own bathroom, wet bar, and private deck offers exciting possibilities for multigenerational living or guest accommodations. Three additional rooms on both floors provide flexible space for offices, hobbies, or creative pursuits. Outside, enjoy sweeping lawns, mature trees, and an impressive 2,400-square-foot detached shop accommodating up to 8 vehicles (+2 with the attached garage), complete with an upstairs office and wood stove for heat. Abundant parking for RVs, boats, and recreational toys! A rare combination of privacy, character, flexibility, and exceptional value!