$1,395,000
Est. $7,209/mo2 bd•4.5 ba•4,262 sq ft
4940 78th Avenue Nw, Olympia, WA 98502
• Listed 2026-07-10•12 days on market
Talk to a local RexMont expert
Avg response under 5 mins
Exceptional opportunity to own a 3-bedroom (2-bedroom septic), 4.5-bath, 4,262 sq. ft. waterfront retreat with 100 feet of low-tide beach frontage and nearly 180-degree panoramic views of Puget Sound, the Olympic Mountains and 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. Two additional bedrooms with remodeled bathrooms provide flexibility for guests or a home office. The daylight lower level includes a spacious flex room with patio access, while the third-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.
Listed by Christina Keller • Morrison House Sotheby's Intl
Listing updated: August 26, 2026 at 01:32pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2552545
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
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.
$8,411 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
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 17 days.
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 August 26, 2026 at 01:32pm (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.
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
2 datesRexMont Value Snapshot
Pull the latest nearby sold homes matched on size, age, and location.
More homes in this area that match your range.
$1,250,000
7436 Gallagher Cove Road Nw, Olympia, WA 98502
Sarah Morris · Century 21 Van Dorm Realty
$900,000
2308 Windjammer Court Nw, Olympia, WA 98502
Kevin Gordham · Keller Williams South Sound
$1,100,000
5023 Cooper Point Road Nw, Olympia, WA 98502
Paul R. Klenk · Century 21 Van Dorm Realty
$799,900
512 72nd Avenue Ne, Olympia, WA 98506
Nate Burgher · Virgil Adams Real Estate, Inc.
$699,950
2016 Golden Maples Court Nw, Olympia, WA 98502
Alec Klasna · COMPASS
$775,000
2103 46th Avenue Ne, Olympia, WA 98506
Jennifer Case · Realty One Group Turn Key
$1,250,000
7436 Gallagher Cove Road Nw, Olympia, WA 98502
Sarah Morris · Century 21 Van Dorm Realty
$1,200,000
7719 78th Loop Nw, Olympia, WA 98502
John Stormans · Olympic Sotheby's Int'l Realty
$1,150,000
5920 Cooper Estates Lane Nw, Olympia, WA 98502
Michael Putnam · Keller Williams Rty Tacoma
$1,100,000
5023 Cooper Point Road Nw, Olympia, WA 98502
Paul R. Klenk · Century 21 Van Dorm Realty
$1,125,000
4923 Sunrise Beach Road Nw, Olympia, WA 98502
Keenan French · Capitol Real Estate LLC
$1,499,000
4430 Green Cove Street Nw, Olympia, WA 98502
Mary Sears · Coldwell Banker Evergreen
