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253-691-8561
Terrafin Real Estate
427 38th Avenue NE, Olympia, WA 98506
- $1,795,000
- 3
- BD
- 3
- BA
- 4,033
- SqFt
Listing Broker: eXp Realty; Marcus Rothwell; ; Selling Office: Realty One Group Bold.
- Sold Price
- $1,795,000
- List Price
- $1,795,000
- Status
- SOLD
- Days on Market
- 64
- Closing Date
- Jul 27, 2026
- MLS#
- 2542123
- Subtype
- Residential
- Style
- 16 - 1 Story w/Bsmnt.
- Year Built
- 1997
- Bedrooms
- 3
- Bathrooms
- 3
- Living Area
- 4,033
- Lot Size
- 108,900
- Acres
- 2.50
- Subdivision
- Boston Harbor
- Neighborhood
- Boston Harbor
- MLS Area Major
- Boston Harbor
Property Description
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.
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Additional Information
- Interior Features
- 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
- Exterior Features
- Stucco
- Property Description
- 16 - 1 Story w/Bsmnt.
- Flooring
- Ceramic Tile, Hardwood, Vinyl, Carpet
- Heating
- 90%+ High Efficiency, Forced Air, Heat Pump
- Air Conditioning
- Heat Pump
- Levels
- One
- Roof
- Metal
- Parking Features
- Attached Carport, Detached Garage, RV Parking
- School District
- Olympia
- Elementary School
- Boston Harbor Elem
- Middle School
- Reeves Mid
- High School
- Olympia High
- View
- Bay, Mountains, Sound
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.