4940 78th Avenue NW Olympia, WA $ 1,450,000
4940 78th Avenue NW
$ 1,450,000
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4940 78th Avenue NW

Olympia, WA, 98502
$ 1,450,000
Bedrooms2 Baths4.2 Sq 4,262

Monthly Estimate*

$ 9,155

Listed by Morrison House Sotheby's Intl
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Single Family Home for sale in Olympia, WA

for $1,450,000 with 2 bedrooms and 4 full baths, 2 half baths. This 4,262 square foot home was built in 1993 on a lot size of 2.09.

Expectational opportunity to own a waterfront retreat with 100ft of low tide beach frontage and nearly 180-degree panoramic views of the Puget Sound, Olympic Mountain and an abundant marine wildlife. Thoughtfully designed to maximize the breathtaking scenery, this home offers the perfect blend of luxury and comfort. At the heart of the home is a spacious gourmet kitchen featuring a professional 6-burner range, dual dishwashers, extensive cabinetry, generous prep space and an eat-in dining area—all overlooking the water. Expansive living spaces flow seamlessly to view decks and patios, creating effortless indoor-outdoor living. The waterfront primary suite features a private balcony and a newly remodeled spa-inspired en suite. 2 additional bedrooms with remodeled bathrooms provide flexibility for guests or a home office (3-bedroom home served by a 2-bedroom septic system). The daylight lower level includes a spacious flex room with patio access, while the 3rd floor bonus room offers its own private balcony with spectacular water views. Enjoy minimal stairs to the shoreline for kayaking, paddleboarding and beachcombing. An attached 2-car garage plus 3 additional lower-level garage bays provide exceptional space for vehicles, boats and recreational equipment. Combining panoramic views, peaceful privacy, versatile living spaces and outstanding waterfront amenities, this is a rare opportunity to experience the very best of Puget Sound waterfront living.

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Single Family Active

Price

$ 1,450,000

Bedrooms

2

Full Bath

4

Half Bath

2

Property Type

Single Family

Taxes

$ 10,241

Style

2 Stories w/Bsmnt

Lot Size

2.09

Year Built

1993

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2552545

Features
General
Living Area 4262
Sewer Septic Tank
Heating High Efficiency (Unspecified)
Cooling None
Possession Closing
Roof Tile
Appliances Dishwasher Double Oven Microwave Refrigerator Stove(s)/Range(s)
HOA Fee 0
Security Features Security System
Year Built 1993
View Sound
Topography Level Partial Slope
Levels Two
Property Subtype Single Family Residence
Tax Year 2026
Waterfront Features Medium Bank Sound
County Thurston
New Construction N
Property Type Residential
HOA N
Attached Garage Y
Subdivision Name Steamboat Island
Facing Direction North
Garage Y/N Y
Full Baths 2
Special Listing Conditions None
Status Active
Directions I- 5 South merge R to HWY 101 then stay R to HWY 101N/ Shelton/ Port Angeles Exit R to Steamboat Island L on Sexton Dr. NW R on Steamboat Island Rd L on Gallagher Cove RD NW
High School Capital High
City Olympia
Entry Location Main
Senior Community Y/N N
High School District Griffin
MLS Area 441 - Thurston Nw
Lot Size Units Square Feet
Lot Size Square Feet 91040
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Griffin Elem
Land Lease Y/N N
Tax Annual Amount 10241.54
Middle/Junior High School Griffin Mid School
Property Condition Good
Public Remarks Expectational opportunity to own a waterfront retreat with 100ft of low tide beach frontage and nearly 180-degree panoramic views of the Puget Sound Olympic Mountain and an abundant marine wildlife.
Virtual Tour https://player.vimeo.com/video/1208923049
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company Shared Well
Property Style 18 - 2 Stories w/Bsmnt
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Interior
Interior Amenities Second Kitchen Second Primary Bedroom Bath Off Primary Ceiling Fan(s) Dbl Pane/Storm Window Dining Room Fireplace Fireplace (Primary Bedroom) French Doors Sauna Security System Skylight(s) Vaulted Ce
Basement Finished
Flooring Ceramic Tile Stone Vinyl Plank
Total Fireplaces 5
Fireplace Features Gas Wood Burning
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Half Baths 2
3/4 Baths 2
Total Bedrooms 2
Main Level Bedrooms 0
Total Baths 6
Bedrooms Possible 2
Water Heater Type Electric
Water Heater Location Lower Garage
Fireplaces Upper 2
Fireplaces Main 2
Fireplaces Lower 1
Power Production Type Electric Oil Propane
Baths Three Quarter Garage 0
Baths Three Quarter Lower 1
Baths Three Quarter Main 1
Baths Three Quarter Upper 0
Bedrooms Lower 0
Bedrooms Upper 2
Baths Half Upper 1
Baths Half Main 1
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 2
Baths Full Main 0
Baths Full Lower 0
Baths Full Garage 0
Bathrooms 4.5
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Exterior
Exterior Amenities Stucco
Vegetation Brush Garden Space Wooded
Parking Features Attached Garage RV Parking
Lot Features Dirt Road Drought Resistant Landscape Secluded
Water Source Shared Well
Total Parking 9
Inclusions Dishwasher(s) Double Oven Microwave(s) Refrigerator(s) Stove(s)/Range(s)
Foundation Details Poured Concrete
Building Area Total 4262
Lot Dimensions 100*916*99*85
Lot Size Acres 2.09
Waterfront Y/N Y
Covered Spaces 5
Irrigation Water Rights Y/N N
Waterfront Footage 100
Site Features Cable TV Deck High Speed Internet Propane RV Parking
Parking Uncovered Total 4
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Internal Only
OriginalMLSID NWM2552545
Street Number 1 4940
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* Excluded Features
List By
Christina Keller

Listing Agent

Morrison House Sotheby's Intl

Broker

Affordability Calculator

$10,009
Per Month
91%
9%
0%
Monthly Principal & Interest
$9,155
Monthly Property Taxes
$853
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
258735 Elementary School
257394 Middle School
Capital High High School
Pricing History
DatePricePrice ChangeDescription
7/10/2026$1,450,000 Listed Price

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4940 78th Avenue NW, Olympia, WA, 98502 is a Single Family Home for sale at $1,450,000 with 4,262 sqft and a lot size of 2.09. 4940 78th Avenue NW has 2 bedrooms, 4.2 baths, and was built in 1993. The property's zip code is 98502 which is in Olympia, WA