427 38th Avenue Ne, Olympia, WA 98506
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: bo foster
Office: signature service re olympia
MLS#:2499150
Source:NWMLS
427 38th Avenue Ne,Olympia, WA 98506
$1,975,000
- 3 Beds
- 3 Baths
- 4,033 sq. ft.
- Single family
- Active
Price summary
- Price:$1,975,000
- Price per sq. ft.:$489.71
About this home
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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Home facts
- Year built:1997
- Listing ID #:2499150
- Updated:June 07, 2026 at 11:06 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:1
- Half bathrooms:1
- Flooring:Carpet, Ceramic Tile Floor, Hardwood, Vinyl Floor
- Kitchen Description:Dishwasher, Microwave, Refrigerator, Trash Compactor
- Bedroom Description:Lower Level Bedrooms : 2, Main Level Bedrooms : 1
- Basement:Yes
- Basement Description:Daylight, Finished
- Living area:4,033 sq. ft.
Heating and cooling
- Heating:90%+ High Efficiency, Forced Air, Heat Pump
Structure and exterior
- Roof:Metal
- Year built:1997
- Building area:4,033 sq. ft.
- Lot area:2.5 Acres
- Lot Features:Dead-end Street, Paved
- Architectural Style:Contemporary
- Construction Materials:Stucco Exterior Finish
- Exterior Features:Deck, Dock, Patio
- Foundation Description:Daylight, Finished
- Levels:1 Story
Schools
- High school:Olympia High
- Middle school:Reeves Mid
- Elementary school:Boston Harbor Elem
Utilities
- Water:Shared Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,975,000
- Price per sq. ft.:$489.71
- Tax amount:$26,809 (2026)
Features and amenities
- Appliances:Dishwasher, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Boat House, Cable TV, Dock, French Doors, High Speed Internet, Moorage, Pantry, Propane, Security System, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wired for Generator
Parking
- Total parking spaces:5
- Parking description:Attached Carport, Attached Garage, RV Parking
- Garage:Yes
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