$1,149,000
Est. $5,937/mo2 bd•2 ba•1,854 sq ft
2922 Madrona Beach Road Nw, Olympia, WA 98502
• Listed 2026-08-26•5 days on market
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Welcome to your waterfront dream! Nestled on 103ft of pebbly beach low bank frontage on a calm section of the Eld Inlet, this .64+/- acre property includes 2 separate residences. A 2-bedroom, 2-bathroom 1854+/- sqft single story main home and a 1-bedroom, 1-bathroom 704+/-sqft detached cottage. In the main home, take in the sweeping views of the sound from every room. Entertain with ease in the kitchen that opens to an expansive dining room and features granite countertops, stainless appliances, custom cabinets and a breakfast nook. Cozy up around the fireplace in the living room or open up your favorite book surrounded by the bay windows in the adjacent sitting area. Primary bedroom with walk in closet provides access to the back deck with a step in hot tub. Wander through the immaculately landscaped grounds with terraced gardens, mature fruit trees and rolling lawns on your way down to the beachside deck. The cottage has a fully equipped kitchen, living room and a loft area. Whether it’s for friends or rental income, the cottage provides the flexibility to suit your lifestyle needs. Experience the beauty of the Puget Sound from every room, every deck and every lawn on this magical Madrona Beach property.
Listed by Benjamin Gaubert • Olympic Sotheby's Int'l Realty
Listing updated: September 2, 2026 at 05:57pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2573302
2922 Madrona Beach Road 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.
$6,949 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 17 days.
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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 September 2, 2026 at 05:57pm (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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$1,127,000
-$22,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $598K and $1.04M.
Rental earnings
$3,375/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$665,000Last sold price
6836 Old Olympic Hwy Nw, Olympia, WA 98502
$1,043,125Last sold price
5611 Sunrise Beach Road 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.