$847,000
Reduced $152,000 — was $999,000
1333 East Bay Drive
Olympia, WA 98506
Beds
3
Baths
2
Sq Ft
1,645
Lot
0.33 ac
Year built
1933
Type
Residential
Days listed
171
MLS #
2487561
About this home
Embrace the ultimate Pacific Northwest lifestyle in this classic 1930s waterfront bungalow on Olympia’s sought-after East Bay Drive. Boasting a rare 100 feet of low-bank Budd Inlet saltwater frontage, this property offers sweeping views of the Olympic Mountains, Downtown, the Capitol Dome, and Swantown Marina.Inside, the home is a warm, cozy period piece blending historic charm with modern comfort. Enjoy gorgeous fir floors, vaulted ceilings, vinyl windows, and an efficient ductless mini-split system. The living space perfectly frames the spectacular setting and opens to a spacious view deck. From there, a gentle grassy slope leads right down to the bulkheaded water's edge, creating an ideal spot for peaceful waterfront relaxation.As an incredible bonus, a darling 364 sq ft finished studio apartment sits above the garage. With a proven rental history, it is perfect for offsetting your mortgage, hosting guests, or functioning as a private home office.Enjoy an unbeatable central location surrounded by beautiful parks. Easily stroll or roll to downtown Olympia or Squaxin Park, with schools, the hospital, and freeway access just minutes away. This is a rare opportunity to own a significant stretch of shoreline right in the heart of the city. Come fall in love and make this waterfront dream your own!
Interior features
Exterior features
Appliances
Schools
Elementary
Roosevelt Elementary
Middle
Reeves Mid
High
Olympia High
Property details
- Heating
- Ductless, Forced Air
- Cooling
- Ductless
- Flooring
- Bamboo/Cork, Ceramic Tile, Laminate, Softwood, Carpet
- Parking
- Detached Garage
- View
- Bay, City, Mountains, Sound
- Lot
- Curbs, Paved, Sidewalk
- Water source
- Public
- Sewer
- Sewer Connected
- Levels
- One
- Fireplaces
- 1
Costs
- Price / sq ft
- $515
- Annual taxes
- $11,296 (2026)
Estimate your monthly payment
$5,224/mo
- Principal & interest
- $4,283
- Property taxes
- $941
Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.
Location
Olympia, WA 98506
Approximate location. Contact us to confirm the exact address.
Listing courtesy of Virgil Adams Real Estate, Inc.— Nate Burgher.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.
Interested in this home?
Request a private tour or ask a question — a local agent will respond personally.