Embrace the ultimate Pacific Northwest lifestyle in this classic 1930s waterfront bungalow on Olympia’s sought-after East Bay Drive. Boasting a rare 100 feet of low-bank Budd Inlet saltwater frontage, this property offers sweeping views of the Olympic Mountains, Downtown, the Capitol Dome, and Swantown Marina.Inside, the home is a warm, cozy period piece blending historic charm with modern comfort. Enjoy gorgeous fir floors, vaulted ceilings, vinyl windows, and an efficient ductless mini-split system. The living space perfectly frames the spectacular setting and opens to a spacious view deck. From there, a gentle grassy slope leads right down to the bulkheaded water’s edge, creating an ideal spot for peaceful waterfront relaxation.As an incredible bonus, a darling 364 sq ft finished studio apartment sits above the garage. With a proven rental history, it is perfect for offsetting your mortgage, hosting guests, or functioning as a private home office.Enjoy an unbeatable central location surrounded by beautiful parks. Easily stroll or roll to downtown Olympia or Squaxin Park, with schools, the hospital, and freeway access just minutes away. This is a rare opportunity to own a significant stretch of shoreline right in the heart of the city. Come fall in love and make this waterfront dream your own!
Property Details
Price:
$999,000
MLS #:
NWM2487561
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
East Bay
Neighborhood:
447olympianorth
Listed Date:
Mar 16, 2026
Finished Sq Ft:
1,645
Total Sq Ft:
2,587
Lot Size:
14,175 sqft / 0.33 acres (approx)
Year Built:
1933
See this Listing
Schools
School District:
Olympia
Elementary School:
Roosevelt Elementary
Middle School:
Reeves Mid
High School:
Olympia High
Interior
Appliances
Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer
Bathrooms
1 Full Bathroom, 1 Three Quarter Bathroom
Cooling
Ductless
Fireplaces Total
1
Flooring
Bamboo/Cork, Ceramic Tile, Laminate, Softwood, Carpet
Heating
Ductless, Forced Air
Interior Features
Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Vaulted Ceiling(s), Water Heater
Levels
One
Main Level Bathrooms
2
Main Level Bedrooms
2
Exterior
Construction Materials
Cement Plank, Wood
Covered Spaces
1
Direction Faces
West
Exterior Features
Cement Planked, Wood
Lot Features
Curbs, Paved, Sidewalk
Parking Features
Detached Garage
Parking Spots
2
Parking Total
2
Roof
Composition
Security Features
Partially Fenced
View
Bay, City, Mountains, Sound
Waterfront Features
Low Bank, Bayfront, Bulkhead, Saltwater, Sound
Financial
Tax Year
2026
Taxes
$11,296
Map
Community
- Address1333 East Bay Drive NE Olympia WA
- SubdivisionEast Bay
- 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 East Bay subdivision, 1333 East Bay Drive NE Olympia WA is a Single Family for sale in Olympia, WA, 98506. It is listed for $999,000 and features 3 beds, 2 baths, and has approximately 1,645 square feet of living space, and was originally constructed in 1933. The current price per square foot is $607. 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#nwm2487561 at 1333 East Bay Drive NE in Olympia, WA, contact your Best in the West agent at 206-351-5550.
Similar Listings Nearby
Courtesy of Virgil Adams Real Estate, Inc.. Disclaimer: Based on information submitted to the MLS GRID as of Apr-17-2026 5:42:16 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.
1333 East Bay Drive NE
Olympia, WA


