1404 38th Lane NE, Olympia, WA 98506
Listed by Jordan Doughty, Coldwell Banker Evergreen · Buyer brokerage: Redfin
Originally $1,150,000
Reduced $110,000 · 10%$1,040,000
$444 per sq ft
1404 38th Lane NE, Olympia, WA 98506
Olympia, WA, 98506
- Beds
- 3
- Baths
- 3
- Sq ft
- 2,477
- Built
- 1991
- Parking
- Detached Carport, Detached Garage, RV Parking
Tour this home
Jeff Reynolds · Managing Broker, Compass
Start with a focused 15-minute call, then tour with a clear due-diligence plan.
- 3
- Bedrooms
- 3
- Bathrooms
- 2,477
- Square feet
- $444
- Per sq ft
- Single Family Residence
- Type
- 1991
- Year built
- 326,700 sq ft
- Lot
- 50
- Days on market
About this property
Welcome home to 1404 38th Lane NE, an incredibly rare opportunity to own a custom built, one owner home on 7.5 acres in Olympia’s South Bay community. From the moment you arrive, you’ll feel the space, privacy, and quiet that make this property so special. Inside, the 2,477 sqft home offers 3 beds, 2.25 baths, and a bright, open layout filled with natural light pouring through large windows that frame sweeping views of your own pastureland. The kitchen is designed for both function and gathering, featuring custom cabinetry, stainless steel appliances, and built-in bench seating. Living spaces flow comfortably for everyday life and entertaining, while a spacious den with built in bookcases create the perfect work from home setup. The primary suite offers generous space, a beautifully finished custom bathroom, and a walk-in closet. Step outside to the expansive deck, ideal for hosting, relaxing, and taking in the peaceful surroundings. The 1,600 sqft shop is a standout feature with three bays, a full workshop, dedicated wood shop, studio space, half bath, loft storage, and its own mini split heat pump. The property itself is ready for your vision with a large carport, a chicken coop, a small barn, and wide open pasture space for gardening, hobby farming, or simply enjoying the outdoors. Whether you’re looking for space to live, work, create, or unwind, this property delivers the rare combination of acreage, functionality, and location in one unforgettable package.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2493258
- Listed
- March 19, 2026
- Days on market
- 50
- Price per sq ft
- $444
- Original list price
- $1,150,000
- Sold price
- $1,040,000
- Sold
- June 8, 2026
Unit & building
- Unit levels
- Two
Parking
- Parking
- Detached CarportDetached GarageRV Parking
- Covered spaces
- 4
- Total spaces
- 8
Views
- View
- Territorial
Construction
- Year built
- 1991
- Style
- 12 - 2 Story
- Structure
- House
- Roof
- Tile
Heating & cooling
- Heating
- Heat Pump
- Cooling
- Heat Pump
- Energy source
- ElectricPropane
Interior features
- Features
- Bath Off PrimaryDining RoomFireplaceSkylight(s)Vaulted Ceiling(s)Walk-In Closet(s)Water HeaterWine/Beverage Refrigerator
- Fireplaces
- 1
- Fireplace type
- Gas
Flooring
- Flooring
- HardwoodLaminateVinyl PlankCarpet
Appliances
- Appliances
- DishwasherDouble OvenMicrowaveRefrigeratorStove(s)/Range(s)Tankless Water Heater
Lot
- Lot features
- Dead End StreetPaved
- Lot size
- 326,700 sq ft
Terms
- Terms offered
- CashConventionalVA Loan
Utilities
- Water
- Well
- Sewer
- Septic
- Power
- Puget Sound Energy
Schools
- District
- Olympia
- Elementary
- Boston Harbor Elem
- Middle
- Reeves Mid
- High
- Olympia High
Listing history
Listed
$1,150,000
March 19, 2026
Current price
$1,040,000
Sold
$1,040,000
June 8, 2026
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
$6,056
- Principal & interest
- $5,259
- Property tax (est.)
- $797
Assumes $208,000 down (20%), a $832,000 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.
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Based on information submitted to the MLS GRID as of July 31, 2026 at 2:15 AM 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.