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JRJeff ReynoldsCompass · Seattle

3242 French Loop NW, Olympia, WA 98502

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Active

Listed by Eamonn Noonan, Pellego, Inc.

Active1 days on market

$1,795,000

$449 per sq ft

3242 French Loop NW, Olympia, WA 98502

Olympia, WA, 98502

Beds
4
Baths
4
Sq ft
3,998
Built
1928
Parking
Attached Carport, Off Street, 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.

4
Bedrooms
4
Bathrooms
3,998
Square feet
$449
Per sq ft
Single Family Residence
Type
1928
Year built
58,370 sq ft
Lot
1
Days on market

About this property

Welcome to this thoughtfully restored 1928 Budd Inlet home, enhanced with over $400,000 in updates while preserving its timeless character. Set along 307 feet of pristine north-facing waterfront on one of Olympia’s most coveted streets, - French Loop NW- this exceptional residence offers spectacular views from nearly every room and a harmonious blend of elegance, comfort, and tranquility. The property spans more than 1.3 acres of lush, manicured grounds with ample parking—providing privacy and seclusion while remaining less than 10 minutes from downtown Olympia. The kitchen is the heart of the home, outfitted with stainless steel appliances, custom cabinetry, elegant quartz countertops, a warm wood island with seating, and a charming breakfast nook. It’s an inviting space for any home chef who enjoys creating meals while overlooking the Sound and gathering with friends. The home features a dedicated dining room and a comfortable sitting room with a fireplace that opens to a bright sunroom—perfect for year-round entertaining. An attached ADU offers two bedrooms, a full bathroom, and its own private entrance, ideal for guests or additional rental income. This residence has been meticulously cared for, full of character, and reflects decades of thoughtful stewardship and pride in ownership. It is truly a rare opportunity for homeowner waterfront living on Budd Inlet.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2565282
Listed
August 5, 2026
Days on market
1
Price per sq ft
$449

Unit & building

Unit levels
Two

Parking

Parking
Attached CarportOff StreetRV Parking
Covered spaces
2
Total spaces
7

Views

View
BaySound

Construction

Year built
1928
Style
18 - 2 Stories w/Bsmnt
Structure
House
Roof
Composition

Heating & cooling

Heating
90%+ High EfficiencyForced Air
Cooling
None
Energy source
ElectricNatural Gas

Interior features

Features
Second KitchenBath Off PrimaryCeiling Fan(s)Dbl Pane/Storm WindowDining RoomFireplaceFireplace (Primary Bedroom)French DoorsSecurity SystemWalk-In Closet(s)Water HeaterWired for Generator
Fireplaces
3
Fireplace type
GasWood Burning

Flooring

Flooring
Ceramic TileEngineered HardwoodLaminateVinyl Plank

Appliances

Appliances
DishwasherDisposalRefrigeratorStove(s)/Range(s)

Community & building features

Bus line nearby
Yes

Lot

Lot features
PavedSecluded
Lot size
58,370 sq ft
Waterfront
Yes

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Water
NW Water Systems
Sewer
Septic
Power
PSE

Schools

District
Olympia
Elementary
Leland P Brown Elem
Middle
Jefferson Mid
High
Capital High

Listing history

  1. Listed

    $1,795,000

    August 5, 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

$10,452

Principal & interest
$9,076
Property tax (est.)
$1,376

Assumes $359,000 down (20%), a $1,436,000 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 August 6, 2026 at 11:30 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.