Skip to content
JRJeff ReynoldsCompass · Seattle
This home is no longer on the market (sold). The details below are kept for reference. See homes currently for sale in Olympia.

1404 38th Lane NE, Olympia, WA 98506

Photo Unavailable
Sold

Listed by Jordan Doughty, Coldwell Banker Evergreen · Buyer brokerage: Redfin

Sold50 days on market

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
Ask Jeff

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.

Directions

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

  1. Listed

    $1,150,000

    March 19, 2026

  2. Current price

    $1,040,000

  3. 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.

Similar nearby listings

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.