427 38th Avenue Ne, Olympia, WA 98506

Olympia
Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
Listed by: marcus rothwell, elizabeth foster
Office: exp realty
MLS#:2542123
Source:NWMLS
427 38th Avenue Ne,Olympia, WA 98506
$1,795,000
Virtual Tour
  • 3 Beds
  • 3 Baths
  • 4,033 sq. ft.
  • Single family
  • Pending

Price summary

  • Price:$1,795,000
  • Price per sq. ft.:$445.08

About this home

Waterfront living reaches a new level at this extraordinary Budd Inlet property. Tucked away on 2.5 acres with 143 feet of shoreline, this one-of-a-kind estate offers a front-row seat to spectacular sunsets, ever-changing marine activity, and panoramic mountain vistas—all just minutes from downtown Olympia. Inside, the 4,033 sq ft residence blends comfort and functionality with generous living spaces, walls of glass, skylights, and a layout designed to keep the water in view. The main floor includes the owner's suite, featuring a fireplace, luxurious bath, and oversized wardrobe room. Two additional bedrooms, a recreation area, full bath, and private exterior access on the lower level create flexible living arrangements for guests or extended stays. Outdoor spaces were designed to be enjoyed year-round, with nearly 2,500 sq ft of decking, gathering areas, garden beds, fruit trees, a fire pit, and outdoor shower. Unique waterfront amenities include an extremely rare private dock...

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Home facts

  • Year built:1997
  • Listing ID #:2542123
  • Updated:July 11, 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
  • 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:Individual Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$1,795,000
  • Price per sq. ft.:$445.08
  • 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, Detached Garage, RV Parking
  • Garage:Yes
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