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JRJeff ReynoldsCompass · Seattle

Listed by James Clerget, Realty One Group Bold

3
Bedrooms
3
Bathrooms
3,329
Square feet
$436
Per sq ft
Single Family Residence
Type
1968
Year built
56,628 sq ft
Lot
0
Days on market

About this property

Discover a rare 1.3-acre dual-parcel legacy estate in coveted South Bay Terrace. This 3,329-SF luxury home offers ~160 feet of low-bank saltwater frontage, a private bulkhead, and sweeping views across serene Henderson Inlet, up through Dana Passage. Ideally located near Boston Harbor and Woodard Bay Conservation Area, this sanctuary offers unrivaled access to Puget Sound’s most beautiful protected waters. Designed to frame the water from nearly every room, the home features a gourmet chef’s kitchen with granite countertops, hardwood finishes, a professional Viking range, and premium KitchenAid appliances. Expansive living areas are filled with natural light, while the daylight basement offers flexible space for multi-generational living, a home theater, or alfresco entertaining with direct access to the waterfront grounds. The finished garage features epoxy flooring with ample hobby-craft space. Fully landscaped grounds include new premium wood and wrought iron fencing, a vegetable garden, and a private orchard with mature apple, pear, and cherry trees. The children's area ensures fun for all. Rare, grandfathered assets include a floating boat dock and fully owned tidelands—providing exceptional privacy. A brand-new architectural roof and professionally permitted Generac standby generator with a 240-gallon propane system provide lasting peace of mind-whatever the season. Only minutes from Olympia's dynamic urban core, this is truly an incomparable waterfront property.

Location & commute

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Directions

Property details

Listing details

Listing number
#2572068
Listed
September 3, 2026
Days on market
0
Price per sq ft
$436

Unit & building

Unit levels
One

Parking

Parking
DrivewayAttached GarageRV Parking
Covered spaces
2
Total spaces
2

Views

View
BaySoundTerritorial

Construction

Year built
1968
Style
16 - 1 Story w/Bsmnt.
Structure
House
Roof
CompositionSee Remarks

Heating & cooling

Heating
90%+ High EfficiencyForced AirHeat Pump
Cooling
Heat Pump
Energy source
ElectricPropane

Interior features

Features
Second KitchenBath Off PrimaryFireplacePantrySecurity SystemWater HeaterWine/Beverage RefrigeratorWired for Generator
Fireplaces
2
Fireplace type
Gas

Flooring

Flooring
VinylCarpet

Appliances

Appliances
DishwasherDouble OvenDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer

Lot

Lot features
Dead End StreetPavedSecluded
Lot size
56,628 sq ft
Waterfront
Yes

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Water
South Bay Community
Sewer
Septic Tank
Power
PSE

Schools

District
North Thurston

What stands out to you?

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

  • One
  • Driveway
  • Attached Garage
  • RV Parking
  • Bay
  • Sound
  • Territorial
  • House
  • Composition
  • See Remarks
  • 90%+ High Efficiency
  • Forced Air

Listing history

  1. Listed

    $1,450,000

    September 3, 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

$8,444

Principal & interest
$7,332
Property tax (est.)
$1,112

Assumes $290,000 down (20%), a $1,160,000 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 September 3, 2026 at 10:31 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.