427 38th Avenue NE Olympia, WA $ 2,000,000
427 38th Avenue NE
$ 2,000,000
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427 38th Avenue NE

Olympia, WA, 98506
$ 2,000,000
Bedrooms3 Baths2.1 Sq 4,033

Monthly Estimate*

$ 12,314

Listed by Signature Service RE Olympia
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Single Family Home for sale in Olympia, WA

for $2,000,000 with 3 bedrooms and 2 full baths, 1 half bath. This 4,033 square foot home was built in 1997 on a lot size of 2.5.

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.

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Single Family Active

Price

$ 2,000,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 26,809

Style

1 Story w/Bsmnt.

Lot Size

2.5

Year Built

1997

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2499150

Features
General
Living Area 4033
Sewer Septic Tank
Heating 90%+ High Efficiency Forced Air Heat Pump
Cooling Heat Pump
Possession Closing
Roof Metal
Appliances Dishwasher Dryer Microwave Refrigerator Stove(s)/Range(s) Tankless Water Heater Trash Compactor Washer
HOA Fee 0
Security Features Security System
Year Built 1997
View Bay Mountains Sound
Topography Level Partial Slope Rolling
Levels One
Property Subtype Single Family Residence
Tax Year 2026
Waterfront Features Low Bank Bayfront Saltwater Sound
Building Name Document 1026250
County Thurston
New Construction N
Property Type Residential
HOA N
Attached Garage Y
Subdivision Name Boston Harbor
Facing Direction West
Garage Y/N Y
Full Baths 1
Special Listing Conditions None
Status Active
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
High School Olympia High
City Olympia
Entry Location Main
Senior Community Y/N N
High School District Olympia
MLS Area 445 - Boston Harbor
Lot Size Units Square Feet
Lot Size Square Feet 108900
Carport Y/N Y
Listing Terms Cash Conventional VA Loan
Elementary School Boston Harbor Elem
Land Lease Y/N N
Tax Annual Amount 26809
Middle/Junior High School Reeves Mid
Property Condition Very Good
Public Remarks 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
Virtual Tour https://www.youtube.com/embed/BkU8Gt78jQ0?rel=0&version=3&vq
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company Shared Well
Property Style 16 - 1 Story w/Bsmnt.
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Interior
Interior Amenities Bath Off Primary Dbl Pane/Storm Window Dining Room Fireplace Fireplace (Primary Bedroom) French Doors Pantry Security System Skylight(s) Vaulted Ceiling(s) Walk-In Closet(s) Water Heater Wired for Ge
Basement Daylight Finished
Flooring Ceramic Tile Hardwood Vinyl Carpet
Total Fireplaces 3
Fireplace Features Gas
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 1
3/4 Baths 1
Total Bedrooms 3
Main Level Bedrooms 1
Total Baths 3
Bedrooms Possible 3
Water Heater Type On demand
Water Heater Location Mechanical Room
Fireplaces Main 3
Power Production Type Electric Propane
Baths Three Quarter Garage 0
Baths Three Quarter Lower 1
Baths Three Quarter Main 0
Baths Three Quarter Upper 0
Bedrooms Lower 2
Bedrooms Upper 0
Baths Half Upper 0
Baths Half Main 1
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 0
Baths Full Main 1
Baths Full Lower 0
Baths Full Garage 0
Bathrooms 2.25
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Exterior
Exterior Amenities Stucco
Vegetation Fruit Trees Garden Space
Parking Features Attached Carport Attached Garage RV Parking
Lot Features Dead End Street Paved
Water Source Shared Well
Total Parking 5
Inclusions Dishwasher(s) Dryer(s) Leased Equipment Microwave(s) Refrigerator(s) Stove(s)/Range(s) Trash Compactor Washer(s)
Foundation Details Poured Concrete
Building Area Total 4033
Lot Dimensions 142x625x14x616
Lot Size Acres 2.5
Waterfront Y/N Y
Covered Spaces 3
Irrigation Water Rights Y/N N
Waterfront Footage 143
Site Features Boat House Cable TV Deck Dock High Speed Internet Moorage Patio Propane RV Parking
Parking Uncovered Total 2
Lot Number 3
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Internal Only
OriginalMLSID NWM2499150
Street Number 1 427
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* Excluded Features
List By
Bo Foster

Listing Agent

Signature Service Re Olympia

Broker

Affordability Calculator

$14,548
Per Month
85%
15%
0%
Monthly Principal & Interest
$12,314
Monthly Property Taxes
$2,234
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257280 Elementary School
256928 Middle School
Olympia High High School
Pricing History
DatePricePrice ChangeDescription
4/13/2026$2,000,000 Listed Price

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427 38th Avenue NE, Olympia, WA, 98506 is a Single Family Home for sale at $2,000,000 with 4,033 sqft and a lot size of 2.5. 427 38th Avenue NE has 3 bedrooms, 2.1 baths, and was built in 1997. The property's zip code is 98506 which is in Olympia, WA