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Listing courtesy of NWMLS IDX Logo
1333 East Bay Drive NE
Olympia, WA 98506
today
REDUCED
$820,000
Active
3
Beds
2
Baths
2,587
Sqft
0.33
Acres
1933
Yr. Built
MLS# 2487561
Cumulative Days on Market: 193 · Includes prior listings · Currently listed since 03/16/26 · Data provided by the MLS.

Property Description

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!

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Property Highlights

Property Type
Residential
Property Sub Type
Single Family Residence
Bedrooms
3
Total Bathrooms
2
Living Area
1,645
Price / Sqft
$498
Acres
0.33
Year Built
1933
Cumulative Days On Market
193

Location

Area
447 - Olympia North
City/Township
Olympia
Direction Faces
West
Waterfront
Yes
View
Bay, City, Mountains, Sound
Subdivision
East Bay
County
Thurston
Zoning
R-6-12

Lake/Waterfront Information

Waterfront Features
Low Bank, Bayfront, Bulkhead, Saltwater, Sound

Property Details

Price
$820,000
Property Type
Residential
Property Sub Type
Single Family Residence

Building

Structure Type
House
Levels
One
Total Area
2,587 Sqft

Community

Local Schools

Elementary School
Roosevelt Elementary
Middle School
Reeves Mid
High School
Olympia High
School District
Olympia

Interior Features

Bedrooms and Bathrooms

Total Bathrooms
2
Bathrooms on Main Level
2
Full Bathrooms
1
3/4 Bathrooms
1
Bedrooms
3
Bedrooms on Main Level
2

Rooms and Basement

Basement Features
Unfinished

Area and Spaces

Living Area
1,645

Appliances

Appliances
Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer

Interior Features

Interior Features
Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Vaulted Ceiling(s), Water Heater
Flooring
Bamboo/Cork, Ceramic Tile, Laminate, Softwood, Carpet
Security Features
Partially Fenced
Fireplace Features
Gas
Entry Location
Main

Heating and Cooling

Heating Features
Ductless, Forced Air
Has Fireplace
Yes
Fireplaces
1

Building Details

Construction

Year Built
1933
Foundations
Poured Concrete

Materials

Construction Materials
Cement Plank, Wood
Roof
Composition

Terms

Terms

Inclusions
Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
Special Conditions
None
Special Terms
Cash, Conventional
Cumulative Days On Market
193

Taxes

Tax

Tax (Annual)
$11,296

Heating, Cooling & Utilities

Cooling Features
Ductless

Utilities

Sewer
Sewer Connected
Water Source
Public

Green Energy

Power Production Type
Electric, Natural Gas

Lot

Acres
0.33
Lot Size Area Sq Ft
14,175
Lot Features
Curbs, Paved, Sidewalk
Topography
Level, Partial Slope

Exterior Features

Exterior Features
Cement Planked, Wood

Parking

Total Parking Spaces
2
Covered Spaces
1
Parking Features
Detached Garage
Listing Data last updated 09/25/2026 04:40 pm
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Property History

Today
Property information last updated
Today
Date of last price change
193 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 193 days (includes prior listings) · Currently listed since March 16, 2026. Data provided by the MLS.

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