427 38th Avenue Ne, Olympia, Washington 98506

WA, Olympia
$2,000,000
  • 3 Beds
  • 3 Bath
  • 4,033 Sqft
  • Residential Property Type
  • 1997 Year Built
  • Active Status
Property Description

Rare Budd inlet salt waterfront home on 2.5 private acres perfectly located just 4 miles from downtown Olympia & all conveniences. This 4,033 sqft custom home offers a commanding unobstructed view of the Sound and the Olympics from every room. Starting with the grand port-cochè entrance, the home exudes understated elegance: custom furniture designed specifically for this home, primary bedroom w/huge luxurious en suite spa-inspired bath w/elegant soaking tub and expansive glass-enclosed shower & most amazing grand closet, high ceilings with crown molding, 3 fireplaces, including one in the primary bedroom, skylights, walls of windows, it’s bright & airy. The main level floor plan allows for one level living for occupants challenged by the stairs. Finished daylight basement features 2 spacious bedrooms, rec room, bath, its own entry and, of course, the view, could easily be converted to separate apartment or be used by friends & paying guests. 1200 sq ft iconic boathouse w/utilities is perfect for hosting grand soirees or intimate sunset dinners. It has even been used as a wedding venue. 3 decks totaling 2,496 sqft, fire pit, outside shower, diving closet, garden space, fruit trees, wired for hot tub, & so much more. With 143 ft of easy access low bank shore, this is one of the widest waterfront lots in the area and an opportunity to witness nature at its finest with regular visits from whales, eagles, and sea otters. No HOA. Offered significantly under assessed value.

Source: NWMLS
Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 2499150
  • Price: $2,000,000
  • View: Bay,Mountains,Sound
  • Bedrooms: 3
  • Bathrooms: 3
  • Square Footage: 4,033 Sqft
  • Year Built: 1997
  • Lot Area: 2.50 Acre
  • Status: Active
  • Office Name: Signature Service RE Olympia
  • Agent Name: Bo Foster
  • Full Bathrooms: 1
  • Property Sub Type: Single Family Residence
  • Roof: Metal
  • Waterfront: 1
Features
  • Heating System Heat Pump, Forced Air, 90%+ High Efficiency
  • Cooling System Heat Pump
  • Basement Finished, Daylight
  • Fireplace Gas
  • Parking Attached Garage, Attached Carport, RV Parking
  • Exterior Features Stucco
  • Fireplaces Total: 3
  • Flooring Ceramic Tile, Hardwood, Carpet, Vinyl
  • Interior Features Bath Off Primary, Fireplace, Fireplace (Primary Bedroom), French Doors, Security System, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Wired for Generator, Dining Room, Water Heater, Pantry, Dbl Pane/Storm Window
  • Sewer Septic Tank
  • Waterfront Features Low Bank, Saltwater, Bayfront, Sound
Appliances
  • Stove(s)/Range(s)
  • Trash Compactor
  • Dishwasher
  • Refrigerator
  • Microwave
  • Dryer
  • Washer
  • Tankless Water Heater
Address Map
  • Country US
  • State WA
  • County Thurston
  • City Olympia
  • Zipcode 98506
  • Street: 38th
  • Street Number: 427
  • Street Suffix: Avenue
  • Longitude: W123° 5' 59.5''
  • Latitude: N47° 5' 7.8''
  • Direction Faces: West
  • Directions: I-5 on PLUM, becomes EAST BAY DR, becomes BOSTON HARBOR RD (approx. 4 miles); Left on 38th AVE NE; Lefton first paved driveway after garden
  • Mls Area Major: 445 - Boston Harbor
  • Street Dir Suffix: NE
  • Zoning: RL1/1
Neighborhood
  • Elementary School: Boston Harbor Elem
  • High School: Olympia High
  • High School District: Olympia
  • Middle School: Reeves Mid
Additional Information
  • Lot Size Dimensions: 142x625x14x616
  • Water Source: Shared Well
  • Virtual Tour: Virtual Tour
  • On Market Date: 2026-04-13
  • Lot Features: Dead End Street, Paved
  • Levels: One
  • Foundation Details: Poured Concrete
  • Construction Materials: Stucco
  • Attached Garage Yn: 1
Financial
  • Tax Annual Amount: 26809
Listing Information
  • List Agent Mls Id: 773642
  • List Office Mls Id: 436
  • Listing Term: Cash,Conventional,VA Loan
  • Mls Status: Active
  • Modification Timestamp: 2026-04-20T16:12:14Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2026-04-13T15:47:42Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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