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About the Listing 5920 - 101391,153155
Waterfront living reaches a new level at this extraordinary Budd Inlet property. Tucked away on 2.5 acres with 143 feet of shoreline, this one-of-a-kind estate offers a front-row seat to spectacular sunsets, ever-changing marine activity, and panoramic mountain vistas—all just minutes from downtown Olympia. Inside, the 4,033 sq ft residence blends comfort and functionality with generous living spaces, walls of glass, skylights, and a layout designed to keep the water in view. The main floor includes the owner's suite, featuring a fireplace, luxurious bath, and oversized wardrobe room. Two additional bedrooms, a recreation area, full bath, and private exterior access on the lower level create flexible living arrangements for guests or extended stays. Outdoor spaces were designed to be enjoyed year-round, with nearly 2,500 sq ft of decking, gathering areas, garden beds, fruit trees, a fire pit, and outdoor shower. Unique waterfront amenities include an extremely rare private dock and an impressive 1,200 sq ft boathouse, offering endless possibilities for entertaining, hobbies, storage, or simply enjoying life on the water. The home is fully wired for a generator, providing added peace of mind, and the upper portion of the property offers ample space for RV and boat parking. Watch bald eagles soar overhead, spot otters along the shoreline, and enjoy the serenity that comes with owning one of the area's most distinctive waterfront properties. No HOA.
Listing Highlights
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full / 1 Three-Quarter / 1 Half
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Tankless Water Heater, Trash Compactor, Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
- Air Cond: Heat Pump
- Heating: 90%+ High Efficiency,Forced Air,Heat Pump
- Fireplaces: 3, Gas,3 Fireplace
- Floor: Ceramic Tile,Hardwood,Vinyl,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Daylight,Finished
- Other: Bath Off Primary,Dbl Pane/Storm Window,Dining Room,Fireplace,Fireplace (Primary Bedroom),French Doors,Pantry,Security System,Skylight(s),Vaulted Ceiling(s),Walk-In Closet(s),Water Heater,Wired for Generator,Master on Main
- Water: Individual Well
Exterior Details
- Lot Description: Dead End Street,Paved,Built On Lot,Boat House,Cable TV,Deck,Dock,High Speed Internet,Moorage,Outbuildings,Patio,Propane,RV Parking,Low Bank,Bayfront,Saltwater,Sound
- Garage Capacity: N/A
- Parking Spaces: 5
- Roof: Metal
- Others: Stucco
- Sewer: Septic
- Parking Features: Attached Carport,Detached Garage,RV Parking
Financial Details
- Tax Amount: $26,809
- Taxes w/Assessments: N/A
- Tax/Property ID: 52500600301
- Tax Year: 2026
Payment Calculator
Monthly Payment
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Questions About..
427 38th Ave NE Olympia, WA 98506
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