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$1,395,000

Reduced $55,000 — was $1,450,000

4940 78th Avenue

Olympia, WA 98502

Active
Medium BankSoundSound view

Beds

2

Baths

6

Sq Ft

4,262

Lot

2.09 ac

Year built

1993

Type

Residential

Days listed

65

MLS #

2552545

About this home

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.

Interior features

Second KitchenSecond Primary BedroomBath Off PrimaryCeiling Fan(s)Dbl Pane/Storm WindowDining RoomFireplaceFireplace (Primary Bedroom)French DoorsSaunaSecurity SystemSkylight(s)Vaulted Ceiling(s)Walk-In Closet(s)Water HeaterWet BarWine/Beverage Refrigerator

Exterior features

Stucco

Appliances

DishwasherDouble OvenMicrowaveRefrigeratorStove(s)/Range(s)

Schools

Elementary

Griffin Elem

Middle

Griffin Mid School

High

Capital High

Property details

Heating
High Efficiency (Unspecified)
Cooling
None
Flooring
Ceramic Tile, Stone, Vinyl Plank
Parking
Attached Garage, RV Parking
View
Sound
Lot
Dirt Road, Drought Resistant Landscape, Secluded
Water source
Shared Well
Sewer
Septic Tank
Levels
Two
Fireplaces
5

Costs

Price / sq ft
$327
Annual taxes
$10,242 (2026)

Estimate your monthly payment

$7,907/mo

Principal & interest
$7,054
Property taxes
$853
Loan amount $1,116,000

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 98502

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Morrison House Sotheby's Intl— Christina Keller.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.

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