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JRJeff ReynoldsCompass · Seattle

Listed by Nate Burgher, Virgil Adams Real Estate, Inc.

3
Bedrooms
2
Bathrooms
2,587
Square feet
$348
Per sq ft
Single Family Residence
Type
1933
Year built
14,175 sq ft
Lot
119
Days on market

About this property

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!

Location & commute

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Directions

Property details

Listing details

Listing number
#2487561
Listed
March 16, 2026
Days on market
119
Price per sq ft
$348
Original list price
$999,000

Unit & building

Unit levels
One

Parking

Parking
Detached Garage
Covered spaces
1
Total spaces
2

Views

View
BayCityMountainsSound

Construction

Year built
1933
Style
16 - 1 Story w/Bsmnt.
Structure
House
Roof
Composition

Heating & cooling

Heating
DuctlessForced Air
Cooling
Ductless
Energy source
ElectricNatural Gas

Interior features

Features
Ceiling Fan(s)Dbl Pane/Storm WindowDining RoomFireplaceVaulted Ceiling(s)Water Heater
Fireplaces
1
Fireplace type
Gas

Flooring

Flooring
Bamboo/CorkCeramic TileLaminateSoftwoodCarpet

Appliances

Appliances
DishwasherDisposalDryerRefrigeratorStove(s)/Range(s)Washer

Community & building features

Bus line nearby
Yes

Lot

Lot features
CurbsPavedSidewalk
Lot size
14,175 sq ft
Waterfront
Yes

Terms

Terms offered
CashConventional

Utilities

Water
City of Olympia
Sewer
City of Olympia
Power
PSE

Schools

District
Olympia
Elementary
Roosevelt Elementary
Middle
Reeves Mid
High
Olympia High

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • One
  • Detached Garage
  • Bay
  • City
  • Mountains
  • Sound
  • House
  • Composition
  • Ductless
  • Forced Air
  • Electric
  • Natural Gas

Listing history

  1. Listed

    $999,000

    March 16, 2026

  2. Current price

    $899,000

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$5,235

Principal & interest
$4,546
Property tax (est.)
$689

Assumes $179,800 down (20%), a $719,200 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 11:01 PM PDT. 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.