$1,795,000
Est. $9,238/mo4 bd•3.25 ba•3,998 sq ft
3242 French Loop Nw, Olympia, WA 98502
• Listed 2026-08-05•8 days on market
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Based on information submitted to the MLS GRID as of August 10, 2026 at 11:40am (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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Welcome to this thoughtfully restored 1928 Budd Inlet home, enhanced with over $400,000 in updates while preserving its timeless character. Set along 307 feet of pristine north-facing waterfront on one of Olympia’s most coveted streets, - French Loop NW- this exceptional residence offers spectacular views from nearly every room and a harmonious blend of elegance, comfort, and tranquility. The property spans more than 1.3 acres of lush, manicured grounds with ample parking—providing privacy and seclusion while remaining less than 10 minutes from downtown Olympia. The kitchen is the heart of the home, outfitted with stainless steel appliances, custom cabinetry, elegant quartz countertops, a warm wood island with seating, and a charming breakfast nook. It’s an inviting space for any home chef who enjoys creating meals while overlooking the Sound and gathering with friends. The home features a dedicated dining room and a comfortable sitting room with a fireplace that opens to a bright sunroom—perfect for year-round entertaining. An attached ADU offers two bedrooms, a full bathroom, and its own private entrance, ideal for guests or additional rental income. This residence has been meticulously cared for, full of character, and reflects decades of thoughtful stewardship and pride in ownership. It is truly a rare opportunity for homeowner waterfront living on Budd Inlet.
Listed by Eamonn Noonan • Pellego, Inc.
Listing updated: August 10, 2026 at 11:40am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2565282
Open houses
Nearby open houses (8)
See more →$1,760,000
-$35,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $933K and $1.5M.
Rental earnings
$5,275/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$1,050,000Last sold price
2609 Country Club Court Nw, Olympia, WA 98502

$1,500,000Last sold price
2920 39th Lane 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.
3242 French Loop 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.
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$10,942 per month
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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: The average home goes pending in around 11 days.
$1,050,000 Sold
7 weeks ago
4 bd•2.25 ba•~3,354 sq ft•Single Family
2609 Country Club Court Nw, Olympia, WA 98502
5%
Under list
—
Days on market
0.7 mi
Distance
$875,000 Sold
3 months ago
4 bd•2.75 ba•~3,246 sq ft•Single Family
2626 28th Avenue Nw, Olympia, WA 98502
1%
Under list
—
Days on market
0.6 mi
Distance
$640,000 Sold
4 months ago
•Single Family
3708 Wesley Loop Nw #a&b, Olympia, WA 98502
2%
Under list
—
Days on market
0.8 mi
Distance
$534,900 Sold
4 months ago
4 bd•2.5 ba•~1,696 sq ft•Single Family
3112 Swordfern Drive Nw, Olympia, WA 98502
0%
Over list
—
Days on market
0.9 mi
Distance
$510,000 Sold
5 months ago
3 bd•2 ba•~1,940 sq ft•Single Family
3124 Yewtrails Dr 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 Aug 2026
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.