427 38th Avenue NE Olympia WA 98506 MLS #NWM2499150

427 38th Avenue NE
Olympia, WA, 98506
$2,000,000
3 Beds
3 Baths
4,033 SqFt
2.5 Acres
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MLS #NWM2499150 image #0
Listing Provided Courtesy of Signature Service RE Olympia
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
WaterfrontDocument 1026250445 – Boston Harbor445bostonharborBoston HarborOlympiaBoston Harbor ElemReeves MidOlympia High

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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

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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