$1,040,000
Listed at $1,100,0003 bd•2.25 ba•2,477 sq ft
1404 38th Lane Ne, Olympia, WA 98506
• Listed 2026-03-19
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Welcome home to 1404 38th Lane NE, an incredibly rare opportunity to own a custom built, one owner home on 7.5 acres in Olympia’s South Bay community. From the moment you arrive, you’ll feel the space, privacy, and quiet that make this property so special. Inside, the 2,477 sqft home offers 3 beds, 2.25 baths, and a bright, open layout filled with natural light pouring through large windows that frame sweeping views of your own pastureland. The kitchen is designed for both function and gathering, featuring custom cabinetry, stainless steel appliances, and built-in bench seating. Living spaces flow comfortably for everyday life and entertaining, while a spacious den with built in bookcases create the perfect work from home setup. The primary suite offers generous space, a beautifully finished custom bathroom, and a walk-in closet. Step outside to the expansive deck, ideal for hosting, relaxing, and taking in the peaceful surroundings. The 1,600 sqft shop is a standout feature with three bays, a full workshop, dedicated wood shop, studio space, half bath, loft storage, and its own mini split heat pump. The property itself is ready for your vision with a large carport, a chicken coop, a small barn, and wide open pasture space for gardening, hobby farming, or simply enjoying the outdoors. Whether you’re looking for space to live, work, create, or unwind, this property delivers the rare combination of acreage, functionality, and location in one unforgettable package.
Listed by Jordan Doughty • Coldwell Banker Evergreen
Listing updated: July 9, 2026 at 04:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2493258
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.
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.
$274,500 Sold
3 months ago
3 bd•2 ba•~1,512 sq ft•Single Family
4743 Bellwood Drive Ne, Olympia, WA 98506
2%
Under list
—
Days on market
0.9 mi
Distance
$275,000 Sold
4 months ago
•Single Family
3615 Boston Harbor Road Ne, Olympia, WA 98506
11%
Under list
—
Days on market
0.7 mi
Distance
$41,500 Sold
4 months ago
3 bd•2 ba•Single Family
4306 Ne Cushman Road #101, Olympia, WA 98506
22%
Under list
—
Days on market
0.8 mi
Distance
$99,000 Sold
5 months ago
2 bd•0.75 ba•Single Family
4806 Cushman Road Ne #106, Olympia, WA 98506
17%
Under list
—
Days on market
0.9 mi
Distance
$660,000 Sold
6 months ago
3 bd•1.75 ba•~1,440 sq ft•Single Family
3430 Boston Harbor Road Ne, Olympia, WA 98506
0%
Over list
—
Days on market
0.8 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 July 9, 2026 at 04:03am (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.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (2)
See more →
Open Sat, Sep 19
Open Sun, Sep 20$820,000
-$220,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $640K and $960K.
Rental earnings
$2,450/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$705,000Last sold price
1147 36th Avenue Ne, Olympia, WA 98506
$735,000Last sold price
1636 33rd 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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