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.
Property Details
Price:
$2,000,000
MLS #:
NWM2499150
Status:
Active
Beds:
3
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Boston Harbor
Neighborhood:
445bostonharbor
Listed Date:
Apr 13, 2026
Finished Sq Ft:
4,033
Total Sq Ft:
4,033
Lot Size:
108,900 sqft / 2.50 acres (approx)
Year Built:
1997
See this Listing
Schools
School District:
Olympia
Elementary School:
Boston Harbor Elem
Middle School:
Reeves Mid
High School:
Olympia High
Interior
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Tankless Water Heater, Trash Compactor, Washer
Bathrooms
1 Full Bathroom, 1 Three Quarter Bathroom, 1 Half Bathroom
Cooling
Heat Pump
Fireplaces Total
3
Flooring
Ceramic Tile, Hardwood, Vinyl, Carpet
Heating
90%+ High Efficiency, Forced Air, Heat Pump
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
Levels
One
Main Level Bathrooms
2
Main Level Bedrooms
1
Exterior
Attached Garage YN
1
Construction Materials
Stucco
Covered Spaces
3
Direction Faces
West
Exterior Features
Stucco
Lot Features
Dead End Street, Paved
Parking Features
Attached Carport, Attached Garage, RV Parking
Parking Spots
5
Parking Total
5
Roof
Metal
Security Features
Security System
View
Bay, Mountains, Sound
Waterfront Features
Low Bank, Bayfront, Saltwater, Sound
Financial
Tax Year
2026
Taxes
$26,809
Map
Community
- Address427 38th Avenue NE Olympia WA
- SubdivisionBoston Harbor
- CityOlympia
- CountyThurston
- Zip Code98506
Subdivisions in Olympia
- Alpine Hills
- Aspinwall
- Beachcrest
- Bigelow
- Black Lake
- Boston Harbor
- Capital Campus
- Capitol City Golf
- Carlyon
- Carlyon Beach
- Cooper Point
- Country Club
- Delphi
- Delphi Country Club
- East Bay
- East Olympia
- Eastside Olympia
- Evergreen Heights
- Evergreen Valley
- Fishtrap
- Gravelly Beach
- Gull Harbor
- Hawks Prairie
- Henderson Inlet
- Hunter Point
- Indian Summer
- Johnson Point
- Kelly’s Corner
- Ken Lake
- Lacey
- Lake St Clair
- Littlerock
- Long Lake West
- Madrona Beach
- Madrona Park
- McAllister Park
- Meadows
- Meridian
- Mudd Bay
- Nisqually
- Olympia
- Oyster Bay
- Pattison Lake
- Rochester
- Rural
- Scott Lake
- South Bay
- South Eastside Olympia
- South Union
- Steamboat Island
- Steilacoom Heights
- Summit Lake
- Sunwood Lakes
- Tanglewilde
- Tenino
- Thompson Place
- Tumwater
- Tumwater Hill
- Union Mills
- Waddell Creek
- Ward Lake
- Westside
Market Summary
Current real estate data for Single Family in Olympia as of Apr 17, 2026
488
Single Family Listed
63
Avg DOM
335
Avg $ / SqFt
$718,137
Avg List Price
Property Summary
- Located in the Boston Harbor subdivision, 427 38th Avenue NE Olympia WA is a Single Family for sale in Olympia, WA, 98506. It is listed for $2,000,000 and features 3 beds, 3 baths, and has approximately 4,033 square feet of living space, and was originally constructed in 1997. The current price per square foot is $496. The average price per square foot for Single Family listings in Olympia is $335. The average listing price for Single Family in Olympia is $718,137. To schedule a showing of MLS#nwm2499150 at 427 38th Avenue NE in Olympia, WA, contact your Best in the West agent at 206-351-5550.
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Courtesy of Signature Service RE Olympia. Disclaimer: Based on information submitted to the MLS GRID as of Apr-17-2026 5:31:08 am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.Copyright 2026. All rights reserved.
427 38th Avenue NE
Olympia, WA


