1333 East Bay Drive NE, Olympia, WA 98506

  • Active
  • Price Reduced$27,000

 $820,000

  • 3 BedroomBedrooms
  • 2 BathroomBathrooms
  • 1,480 Sq.Ft.
  • Single Family
  • Active
  • MLS# 2487561
  • Sold On
  • Rental
0 More Schedule
Source MLS Verified

PROPERTY DESCRIPTION

Embrace the ultimate Pacific Northwest lifestyle in this classic 1930s waterfront bungalow on Olympias sought-after East Bay Drive. Boasting a rare 100 feet of low-bank Budd Inlet saltwater frontage, this property offers sweeping views of the Olympic Mountains, Downtown, the Capitol Dome, and Swantown Marina.Inside, the home is a warm, cozy period piece blending historic charm with modern comfort. Enjoy gorgeous fir floors, vaulted ceilings, vinyl windows, and an efficient ductless mini-split system. The living space perfectly frames the spectacular setting and opens to a spacious view deck. From there, a gentle grassy slope leads right down to the bulkheaded water's edge, creating an ideal spot for peaceful waterfront relaxation.As an incredible bonus, a darling 364 sq ft finished studio apartment sits above the garage. With a proven rental history, it is perfect for offsetting your mortgage, hosting guests, or functioning as a private home office.Enjoy an unbeatable central location surrounded by beautiful parks. Easily stroll or roll to downtown Olympia or Squaxin Park, with schools, the hospital, and freeway access just minutes away. This is a rare opportunity to own a significant stretch of shoreline right in the heart of the city. Come fall in love and make this waterfront dream your own!

Property Details

General

  • Subdivision: East Bay
  • Area: 447 - Olympia North
  • County: Thurston
  • Acreage: 0.3254
  • Beds: 3
  • Full Bathrooms: 1
  • Year Built: 1933
  • Sq. Ft.: 1,480
  • Lot Description: Curbs, Paved, Sidewalk

Interior Features

  • Interior Features: Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Vaulted Ceiling(s), Water Heater

Schools

  • Elementary: Roosevelt Elementary
  • Middle: Reeves Mid
  • High: Olympia High

Financial Considerations

  • Tax Year: 2026
  • Tax Amount: $11,296
  • HOA Dues: $0

Activity

  • Days On Market: 222
  • List Date: 03/16/2026
 

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