427 38th Avenue NE, Olympia, WA 98506 (MLS # 2542123)

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Listing provided courtesy of Northwest MLS; eXp Realty

PRICE $1,795,000
BEDS 3
BATHS 2.25
HOME SIZE 4,033 sqft
LOT SIZE 2.50 ac
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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.

LAST UPDATED 6/19/2026 TRACT Boston Harbor
YEAR BUILT 1997 COMMUNITY Boston Harbor
COUNTY Thurston STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Boston Harbor Elem
Jr. High School Reeves Mid
High School Olympia High


ADDITIONAL DETAILS
AIR Heat Pump
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Microwave, Refrigerator, Tankless Water Heater, Trash Compactor, Washer, Water Heater
AREA 445 - Boston Harbor
BASEMENT Daylight, Finished, Yes
CONSTRUCTION Stucco
EXTERIOR Garden
FIREPLACE Yes
GARAGE Yes
HEAT Electric, Forced Air, Heat Pump, Propane
INTERIOR 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
LOT 2.5 acre(s)
LOT DESCRIPTION Dead End Street, Paved
MLS STATUS Active
PARKING Attached Carport, Detached, RV Access/Parking
SEWER Septic Tank
STORIES 1
STYLE 16 - 1 Story w/Bsmnt.
SUBDIVISION Boston Harbor
TAXES 26809
UTILITIES Cable Available
VIEW Yes
VIEW DESCRIPTION Bay, Mountain(s), Sound
WATER Well, Private
WATERFRONT Yes
WATERFRONT DESCRIPTION Waterfront

SATELLITE VIEW



 
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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 6/21/26 2:39 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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