427 38th Avenue NE Olympia, WA 98506
427 38th Avenue NE
Olympia, WA 98506
$1,795,000
Residential
3 Beds
2.25 Baths
4033 SqFt
Active
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.
Property Features
Community: Boston Harbor
1 Story w/Bsmnt.
View:
View: Bay
View: Sound
Waterfront: Saltwater
Waterfront: Sound
Waterfront: Low Bank
Waterfront: Bayfront
Boat House
Cable TV
Deck
Dock
High Speed Internet
Moorage
Outbuildings
Patio
Propane
RV Parking
Exterior: Stucco
Roof: Metal
Parking: Attached Carport
Parking: Detached Garage
Parking: RV Parking
Year Built: 1997
2026 Taxes: $26809.00
Buyer Broker Comp.: 2%
Listing #: 2542123
Lot Details
Lot Size: 2.50 acres
Dead End Street
Paved
Appliances That Stay
Dishwasher
Dryer
Microwave
Refrigerator
Stove(s)/Range(s)
Trash Compactor
Washer
Tankless Water Heater
Interior
Bath Off Primary
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
Dbl Pane/Storm Window
Cooling: Heat Pump
Heating: 90%+ High Efficiency, Heat Pump, Forced Air
Electric
Propane
Fireplaces: 3
Schools
District: Olympia
Elem: Boston Harbor Elem
Middle: Reeves Mid
High: Olympia High
Call or Email:
Grace Wamwere
What's Near 427 38th Avenue NE Olympia, WA 98506?

Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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