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← Back to search results/Olympia, WA/1404 38th Lane NE
1 / 40SOLD JUN 8, 2026
Listed by Jordan Doughty • Coldwell Banker Evergreen. Buyer represented by Redfin.
SOLD JUN 8, 2026

$1,040,000

Listed at $1,100,000

3 bd•2.25 ba•2,477 sq ft

1404 38th Lane NE, Olympia, WA 98506

• Listed Mar 19, 2026

RexMont Market Signal for 1404 38th Lane NE

Sold price on record

RexMont Market Signal $1,040,000

Closed sale price · as of June 8, 2026, the day it sold.

Market Signal since the sale

$1,082,796

Likely $975,141 – $1,409,777 · solid read · as of October 1, 2026

Estimate, not an appraisal.

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID; King County Assessor records.

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Listing Broker: Coldwell Banker Evergreen; Jordan Doughty; 360-352-7651

Buyer Broker: Redfin

About this home

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.

Property type
Single Family
Year built
1991
Interior
2,477 sq ft
Lot size
7.5 acres
Parking
4-car garage
Price / sq ft
$420
HeatingHeat Pump
CoolingHeat Pump
Property taxes$9,906/yr (est.)
School districtOlympia

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

Around this home

Property details

Interior features

  • Bath Off Primary
  • Dining Room
  • Fireplace
  • Skylight(s)
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Water Heater
  • Wine/Beverage Refrigerator
  • Fireplace (gas)

Kitchen

  • Dishwasher
  • Double Oven
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Tankless Water Heater

Bedrooms

  • 3 bedrooms total
  • 3 upstairs

Bathrooms

  • 1 full bathroom
  • 1 three-quarter bathroom (shower, no tub)
  • 1 half bathroom
  • 2.25 bathrooms total (NWMLS count)
  • 1 on the main level

Layout

  • 2 Story
  • 2,477 sq ft finished
  • 1,600 sq ft garage

Flooring

  • Hardwood
  • Laminate
  • Vinyl Plank
  • Carpet

Heating & cooling

  • Heat Pump heating
  • Heat Pump cooling

Schools

Ratings via SchoolDigger

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.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Level
Vegetation
Pasture
Zoning jurisdiction
County
Faces
North

Systems

Energy source
Electric,Propane
Power production
Electric, Propane
Water heater
Tankless
Water heater location
Exterior
Power company
Puget Sound Energy
Water company
Well
Sewer company
Septic
Gas company
Blue Star
Irrigation water rights
No
Internet connected
Starlink

Rooms & extras

Bathtubs
1
Showers
2
Fireplaces on main
1
Excluded items
No

New construction

Square footage source
Realist
Lot size source
Realist
Effective year built source
Public Records

Manufactured home

Land lease
No

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

Opens with the report above.

Sales & Tax Records for 1404 38th Lane NE

NWMLS via MLS Grid · Thurston County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Jun 8, 2026
    Sold
    NWMLS via MLS Grid · #2493258
    $1,040,000
    $420/sq ft
  2. May 8, 2026
    Pending
    NWMLS via MLS Grid · #2493258
    $1,100,000
    $444/sq ft
  3. May 8, 2026
    Price reduced
    NWMLS via MLS Grid · #2493258
    $1,100,000
    $444/sq ft
  4. Mar 19, 2026
    Listed
    NWMLS via MLS Grid · #2493258
    $1,150,000
    $464/sq ft

Market pulse

Olympia is a seller's market.

Inventory is low and competition is high. Sellers have more negotiating power.

Buyer's marketSeller's market
  • Offer insight: Well-priced homes draw multiple offers; others sell close to asking.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 60 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $500,000 Sold

    4 weeks ago

    3 bd•2 ba•~1,171 sq ft•Single Family

    1302 33rd Avenue NE, Olympia, WA 98506

    1%

    Over list

    62

    Days on market

    0.6 mi

    Distance

  • $95,900 Sold

    5 weeks ago

    2 bd•1.75 ba•Single Family

    4806 Cushman Road NE #104, Olympia, WA 98506

    0%

    Over list

    179

    Days on market

    0.9 mi

    Distance

  • $167,410 Sold

    6 weeks ago

    2 bd•1.75 ba•Single Family

    4805 Cushman Road NE #15, Olympia, WA 98506

    7%

    Under list

    118

    Days on market

    0.9 mi

    Distance

  • $315,000 Sold

    8 weeks ago

    •Single Family

    0 Boston Harbor Road NE, Olympia, WA 98506

    10%

    Under list

    55

    Days on market

    0.7 mi

    Distance

  • $125,000 Sold

    2 months ago

    3 bd•1.5 ba•Single Family

    4806 Cushman Road NE #121, Olympia, WA 98506

    0%

    Over list

    33

    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?

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Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 25, 2026 at 10:28 PM PT (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.

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