$847,000
Est. $4,377/mo3 bd•1.75 ba•1,645 sq ft
1333 East Bay Drive Ne, Olympia, WA 98506
• Listed 2026-03-16•6 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: September 1, 2026 at 07:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2487561
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
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.
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Olympia is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: Sale-vs-list ratio data not available for this area.
Time on market: The average home goes pending in around 12 days.
$750,000 Sold
5 weeks ago
4 bd•3.25 ba•~3,164 sq ft•Single Family
1618 Pear Street Ne, Olympia, WA 98506
3%
Under list
—
Days on market
0.2 mi
Distance
$690,000 Sold
5 months ago
4 bd•2.75 ba•~2,287 sq ft•Single Family
1902 Ethridge Avenue Ne, Olympia, WA 98506
2%
Over list
—
Days on market
0.9 mi
Distance
$615,000 Sold
5 months ago
5 bd•2.75 ba•~3,855 sq ft•Single Family
905 Quince Street Ne, Olympia, WA 98506
3%
Over list
—
Days on market
0.4 mi
Distance
$575,000 Sold
5 months ago
3 bd•2.25 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
5 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
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 Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 1, 2026 at 07:03am (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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Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (1)
See more →
Open Sun, Sep 20$831,000
-$16,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $430K and $539K.
Rental earnings
$2,500/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$465,000Last sold price
1609 Tullis Street Ne, Olympia, WA 98506
$539,000Last sold price
1001 Yew Avenue 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.
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