$1,450,000
Est. $7,393/mo2 bd•3 ba•4,262 sq ft
4940 78th Avenue Nw, Olympia, WA 98502
• Listed 2026-07-10•13 days on market
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Expectational opportunity to own a waterfront retreat with 100ft of low tide beach frontage and nearly 180-degree panoramic views of the Puget Sound, Olympic Mountain and an abundant marine wildlife. Thoughtfully designed to maximize the breathtaking scenery, this home offers the perfect blend of luxury and comfort. At the heart of the home is a spacious gourmet kitchen featuring a professional 6-burner range, dual dishwashers, extensive cabinetry, generous prep space and an eat-in dining area—all overlooking the water. Expansive living spaces flow seamlessly to view decks and patios, creating effortless indoor-outdoor living. The waterfront primary suite features a private balcony and a newly remodeled spa-inspired en suite. 2 additional bedrooms with remodeled bathrooms provide flexibility for guests or a home office (3-bedroom home served by a 2-bedroom septic system). The daylight lower level includes a spacious flex room with patio access, while the 3rd floor bonus room offers its own private balcony with spectacular water views. Enjoy minimal stairs to the shoreline for kayaking, paddleboarding and beachcombing. An attached 2-car garage plus 3 additional lower-level garage bays provide exceptional space for vehicles, boats and recreational equipment. Combining panoramic views, peaceful privacy, versatile living spaces and outstanding waterfront amenities, this is a rare opportunity to experience the very best of Puget Sound waterfront living.
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (1)
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Open Sat, Aug 1$1,421,000
-$29,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $899K and $1.5M.
Rental earnings
$4,275/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$1,105,450Last sold price
7622 Manzanita Drive Nw #lot 4, Olympia, WA 98502
$1,500,000Last sold price
6141 Elizan Drive Nw, Olympia, WA 98502
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.
4940 78th Avenue Nw, Olympia, WA 98502
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
$8,609 per month
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of July 15, 2026 at 06:32pm (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 Christina Keller • Morrison House Sotheby's Intl
Listing updated: July 15, 2026 at 06:32pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2552545
$1,599,950
3236 Gravelly Beach Loop Nw, Olympia, WA 98502
Courtney K. Drennon · Morrison House Sotheby's Intl
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: The average home sells very close to list price.
Time on market: The average home goes pending in around 16 days.
$650,000 Sold
3 months ago
3 bd•2.5 ba•~1,952 sq ft•Single Family
7626 78th Loop Nw, Olympia, WA 98502
0%
Over list
—
Days on market
0.6 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
Griffin 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.
