$949,000
Est. $4,789/mo3 bd•1 ba•1,645 sq ft
1333 East Bay Drive Ne, Olympia, WA 98506
• Listed 2026-03-16•18 days on market
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Embrace the ultimate Pacific Northwest lifestyle in this classic 1930s waterfront bungalow on Olympia’s 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!
Listed by Nate Burgher • Virgil Adams Real Estate, Inc.
Listing updated: May 20, 2026 at 12:42pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2487561
Open houses
No upcoming open houses scheduled for this property.
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1333 East Bay Drive Ne, Olympia, WA 98506
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Neighborhood mobility
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$5,967 per month
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Olympia is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: Days-on-market data not available for this area.
$365,000 Sold
2 months ago
3 bd•1 ba•~1,344 sq ft•Single Family
1832 Fairview Street Ne, Olympia, WA 98506
0%
Over list
—
Days on market
0.9 mi
Distance
$1,600,000 Sold
4 months ago
3 bd•2 ba•~3,424 sq ft•Single Family
1405 Ne East Bay Drive Ne, Olympia, WA 98506
6%
Under list
—
Days on market
0.1 mi
Distance
$280,000 Sold
5 months ago
4 bd•1 ba•~1,901 sq ft•Single Family
909 Fir Street Ne, Olympia, WA 98506
10%
Under list
—
Days on market
0.8 mi
Distance
$435,000 Sold
5 months ago
3 bd•1.5 ba•~1,056 sq ft•Single Family
1133 Marion Street Ne, Olympia, WA 98506
2%
Over list
—
Days on market
0.6 mi
Distance
$405,000 Sold
5 months ago
2 bd•1 ba•~1,088 sq ft•Single Family
504 Garrison Street Ne, Olympia, WA 98506
8%
Over list
—
Days on market
0.7 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Olympia School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.