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!
Property Type(s):
Single Family
|
Last Updated
|
5/14/2026
|
Tract
|
East Bay
|
|
Year Built
|
1933
|
Community
|
East Bay
|
|
County
|
Thurston
|
SCHOOLS
| Elementary School |
Roosevelt Elementary |
| Jr. High School |
Reeves Mid |
| High School |
Olympia High |
Price History
|
Prior to May 14, '26
|
$999,000 |
| May 14, '26 - Today |
$949,000 |
Additional Details
| AIR |
Ceiling Fan(s), Ductless |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Water Heater, Refrigerator, Washer, Water Heater |
| AREA |
447 - Olympia North |
| BASEMENT |
Unfinished, Yes |
| CONSTRUCTION |
Cement Siding, Wood Siding |
| FIREPLACE |
Yes |
| GARAGE |
Yes |
| HEAT |
Ductless , Electric, Forced Air, Natural Gas |
| INTERIOR |
Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Vaulted Ceiling(s), Water Heater |
| LOT |
0.3254 acre(s) |
| LOT DESCRIPTION |
Curbs, Paved, Sidewalk |
| MLS STATUS |
Active |
| PARKING |
Detached |
| STORIES |
1 |
| STYLE |
16 - 1 Story w/Bsmnt. |
| SUBDIVISION |
East Bay |
| TAXES |
11296 |
| UTILITIES |
Cable Available, Sewer Connected |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Bay, City, Mountain(s), Sound |
| WATER |
Public |
| WATERFRONT |
Yes |
| WATERFRONT DESCRIPTION |
Waterfront |
Location
Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/22/26 7:51 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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This IDX solution is (c) Diverse Solutions 2026.
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