$899,000
Est. $4,513/mo3 bd•1 ba•1,645 sq ft
1333 East Bay Drive Ne, Olympia, WA 98506
• Listed 2026-03-16•13 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!
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (2)
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Open Fri, Jul 10 +1$564,000
-$335,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $455K and $700K.
Rental earnings
$1,700/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$483,000Last sold price
718 Milas Lots 4 5 6 Avenue Ne, Olympia, WA 98506
$465,000Last sold price
1609 Tullis Street Ne, Olympia, WA 98506
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
1333 East Bay Drive Ne, Olympia, WA 98506
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 25, 2026 at 12:54pm (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Listed by Nate Burgher • Virgil Adams Real Estate, Inc.
Listing updated: June 25, 2026 at 12:54pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2487561
Open Sat, Jul 18$724,900
2927 27th Lane Ne, Olympia, WA 98506
Jenny Sawyer · Abbey Realty Inc
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: The average home goes pending in around 9 days.
$575,000 Sold
3 months ago
3 bd•1.5 ba•~1,928 sq ft•Single Family
1907 Marion Street Ne, Olympia, WA 98506
0%
Over list
—
Days on market
0.7 mi
Distance
$365,000 Sold
3 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
$415,000 Sold
5 months ago
2 bd•1 ba•~892 sq ft•Single Family
821 Roosevelt Street Ne, Olympia, WA 98506
2%
Under list
—
Days on market
1.0 mi
Distance
$1,600,000 Sold
5 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
$482,000 Sold
5 months ago
3 bd•1 ba•~1,554 sq ft•Single Family
1815 Ann Street Ne, Olympia, WA 98506
1%
Over list
—
Days on market
1.0 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 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.
