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MLS: #NWM2542123, Listed By: Marcus Rothwell, eXp Realty, Source:NWMLS - Northwest Multiple Listing Service

427 38th Avenue

Olympia, WA 98506
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Bed 3

Bed

Bath 3

Bath

SqFt4,033

Sqft

Acres2.50

Acres(Lot)

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 and an impressive 1,200 sq ft boathouse, offering endless possibilities for entertaining, hobbies, storage, or simply enjoying life on the water. The home is fully wired for a generator, providing added peace of mind, and the upper portion of the property offers ample space for RV and boat parking. Watch bald eagles soar overhead, spot otters along the shoreline, and enjoy the serenity that comes with owning one of the area's most distinctive waterfront properties. No HOA.

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Detail Ic Property Details

Property Type : Residential

Price : $1,795,000

AD Id : 85517937

MLS Id : NWM2542123

Beds : 3

Lot Size : 2.50 Acres

Living Area Size : 4,033

Year Built : 1997

County : Thurston

Subdivision: Semiahmoo

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Feature Features

  • Bedroom Information

    Total Bedroom: 3

    Bathroom Information

    Total Baths: 3 Full Baths: 1 Half Baths: 1

    Interior Features

    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 Roof: Metal Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Tankless Water Heater, Trash Compactor, Washer

    Roofing Information

    Metal
  • Flooring Information

    Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet Construction Materials: Stucco
  • Heating & Cooling

    Heating: 90%+ High Efficiency, Forced Air, Heat Pump Has Heating: Yes Cooling: Heat Pump Has Cooling: Yes Water front: 1 WaterSource: Individual Well

  • Building Information

    Year Built: 1997
  • Exterior Features

    Stucco Construction Materials: Stucco Foundation Details: Poured Concrete

  • Lot Information

    Lot Description: Dead End Street, Paved Lot Square Feet: 108900 Lot Acres: 2.5

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Structure Type: House

  • Listing Price Information

    Original List Price:$1795000

  • Tax Information

    Annual Tax: $26809 Tax Year: 2026 Parcel Number: 52500600301

  • Parking Information

    Total Parking: 5 Attached Carport, Detached Garage, RV Parking

    Garage Information

    Has Garage: Yes

  • School Information

    Elementary School: Boston Harbor Elem Junior High School: Reeves Mid Senior High School: Olympia High
  • Utility Information

    Sewer: Septic Tank Water Source: Individual Well
  • Location Information

    Subdivision: Boston Harbor City: Olympia Direction: 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
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Nearby Home Value

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8645 Evergreen Drive, Olympia, WA, 98506 $829,800 3 3 2,368 2,368 SqFt
3627 Snug Harbor Road, Olympia, WA, 98506 $749,500 3 3 1,984 1,984 SqFt
5027 Sleater Kinney Road, Olympia, WA, 98506 $899,000 3 2 1,340 1,340 SqFt
6941 NE Libby Road, Olympia, WA, 98506 $645,000 3 1 1,258 1,258 SqFt
6847 Libby Road, Olympia, WA, 98506 $695,000 3 2 1,751 1,751 SqFt
4020 Hyde Loop #146, Olympia, WA, 98506 $684,995 5 3 2,770 2,770 SqFt
4023 Hyde Loop #116, Olympia, WA, 98506 $697,995 5 3 3,011 3,011 SqFt
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ByOwner last updated this listing 06/20/2026 @ 18:20

MLS: NWMLS #2542123 LISTED BY: Marcus Rothwell, eXp Realty 888-317-5197 SOURCE: NWMLS - Northwest Multiple Listing Service (Listings courtesy of NWMLS - Northwest Multiple Listing Service as distributed by MLS GRID)

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