Expectational opportunity to own a waterfront retreat with 100ft of low tide beach frontage and nearly 180-degree panoramic views of the Puget Sound, Olympic Mountain and an abundant marine wildlife. Thoughtfully designed to maximize the breathtaking scenery, this home offers the perfect blend of luxury and comfort. At the heart of the home is a spacious gourmet kitchen featuring a professional 6-burner range, dual dishwashers, extensive cabinetry, generous prep space and an eat-in dining area—all overlooking the water. Expansive living spaces flow seamlessly to view decks and patios, creating effortless indoor-outdoor living. The waterfront primary suite features a private balcony and a newly remodeled spa-inspired en suite. 2 additional bedrooms with remodeled bathrooms provide flexibility for guests or a home office (3-bedroom home served by a 2-bedroom septic system). The daylight lower level includes a spacious flex room with patio access, while the 3rd floor bonus room offers its own private balcony with spectacular water views. Enjoy minimal stairs to the shoreline for kayaking, paddleboarding and beachcombing. An attached 2-car garage plus 3 additional lower-level garage bays provide exceptional space for vehicles, boats and recreational equipment. Combining panoramic views, peaceful privacy, versatile living spaces and outstanding waterfront amenities, this is a rare opportunity to experience the very best of Puget Sound waterfront living.
Property Details
Price:
$1,450,000
MLS #:
NWM2552545
Status:
Active
Beds:
2
Baths:
6
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Steamboat Island
Neighborhood:
441thurstonnw
Listed Date:
Jul 10, 2026
Finished Sq Ft:
4,262
Total Sq Ft:
4,262
Lot Size:
91,040 sqft / 2.09 acres (approx)
Year Built:
1993
See this Listing
Schools
School District:
Griffin
Elementary School:
Griffin Elem
Middle School:
Griffin Mid School
High School:
Capital High
Interior
Appliances
Dishwasher, Double Oven, Microwave, Refrigerator, Stove(s)/Range(s)
Bathrooms
2 Full Bathrooms, 2 Three Quarter Bathrooms, 2 Half Bathrooms
Cooling
None
Fireplaces Total
5
Flooring
Ceramic Tile, Stone, Vinyl Plank
Heating
High Efficiency (Unspecified)
Interior Features
Second Kitchen, Second Primary Bedroom, Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Fireplace (Primary Bedroom), French Doors, Sauna, Security System, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wet Bar, Wine/Beverage Refrigerator
Levels
Two
Main Level Bathrooms
2
Exterior
Attached Garage YN
1
Construction Materials
Stucco
Covered Spaces
5
Direction Faces
North
Exterior Features
Stucco
Lot Features
Dirt Road, Drought Resistant Landscape, Secluded
Parking Features
Attached Garage, RV Parking
Parking Spots
9
Parking Total
9
Roof
Tile
Security Features
Security System
View
Sound
Waterfront Features
Medium Bank, Sound
Financial
Tax Year
2026
Taxes
$10,242
Map
Community
- Address4940 78th Avenue NW Olympia WA
- SubdivisionSteamboat Island
- CityOlympia
- CountyThurston
- Zip Code98502
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 Jul 26, 2026
681
Single Family Listed
73
Avg DOM
335
Avg $ / SqFt
$725,567
Avg List Price
Property Summary
- Located in the Steamboat Island subdivision, 4940 78th Avenue NW Olympia WA is a Single Family for sale in Olympia, WA, 98502. It is listed for $1,450,000 and features 2 beds, 6 baths, and has approximately 4,262 square feet of living space, and was originally constructed in 1993. The current price per square foot is $340. The average price per square foot for Single Family listings in Olympia is $335. The average listing price for Single Family in Olympia is $725,567. To schedule a showing of MLS#nwm2552545 at 4940 78th Avenue NW in Olympia, WA, contact your Best in the West agent at 206-351-5550.
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© 2026 Northwest Multiple Listing Service as distributed by MLS GRID.
represents listings courtesy of NWMLS. Listed by Morrison House Sotheby’s Intl.
Disclaimer: Based on information submitted to the MLS GRID as of Jul-25-2026 9:50:01 pm. 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.
represents listings courtesy of NWMLS. Listed by Morrison House Sotheby’s Intl.Disclaimer: Based on information submitted to the MLS GRID as of Jul-25-2026 9:50:01 pm. 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.
4940 78th Avenue NW
Olympia, WA


