427 38th Ave NE

Olympia, WA 98506
  • $2,000,000

    Price
  • 3

    Bed
  • 2.25

    Bath
  • 4,033

    SqFt

About the Listing 436 - 773642

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.

Listing Highlights

Status Active
Days on Site 3
Property Type Residential
MLS ® 2499150
Year Built 1997
Total Square Footage 4,033
Lot/Acreage 2.5
County Thurston
Building Name Document 1026250
Neighborhood Boston Harbor
School District Olympia
Elementary School Boston Harbor Elementary
Middle School Reeves Middle
High School Olympia High

Interior Details

  • Bedrooms: 3
  • Bathrooms: 1 Full / 1 Three-Quarter / 1 Half
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Tankless Water Heater, Trash Compactor, Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
  • Air Cond:
  • Heating:
  • Fireplaces: 3, Gas,3 Fireplace
  • Floor: Ceramic Tile,Hardwood,Vinyl,Carpet
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Daylight,Finished
  • Other: 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 Generator,Master on Main
  • Water: Shared Well

Exterior Details

  • Lot Description: Dead End Street,Paved,Built On Lot,Boat House,Cable TV,Deck,Dock,High Speed Internet,Moorage,Patio,Propane,RV Parking,Low Bank,Bayfront,Saltwater,Sound
  • Garage Capacity: N/A
  • Parking Spaces: 5
  • Lot Dimensions: 142x625x14x616
  • Roof: Metal
  • Others: Stucco,Very Good
  • Sewer: Pressurized pump up system
  • Parking Features: Attached Carport,Attached Garage,RV Parking

Financial Details

  • Tax Amount: $26,809
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 52500600301
  • Tax Year: 2026

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427 38th Ave NE Olympia, WA 98506

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Originating MLS: nwmls

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