Listed By:
Morrison House Sotheby's Intl and NWMLS
Address
4940 78th Avenue Nw, Olympia, WA
Price
$ 1,395,000
Property Attributes
  • ID#2552545
  • TypeSingle Family
  • CountyTHURSTON
  • CityOlympia
  • AreaThurston Nw
  • NeighborhoodSteamboat Island
  • Zip98502
  • Style2 Stories w/Bsmnt
  • Year Built1993
  • Taxes$ 10241
  • Price$ 1,395,000
  • Bedrooms2
  • Full Bathrooms4
  • Half Bathrooms2
  • Sqr Footage4262
  • Lot Size2.09 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

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.

Elementary School Middle School High School
Griffin Elem Griffin Mid School Capital High
Price History
7/10/2026 Listed $1,450,000
8/25/2026 4$1,395,000

General Features

Living Area 4262
Sewer Septic Tank
Heating High Efficiency (Unspecified)
Cooling None
Possession Closing
Roof Tile
Appliances Dishwasher,Double Oven,Microwave,Refrigerator,Stove(s)/Range(s)
Security Features Security System
Year Built 1993
View Sound
Topography Level,Partial Slope
Levels Two
Property Subtype Single Family Residence
Tax Year 2026
Waterfront Features Medium Bank,Sound
County Thurston
New Construction No
Property Type Residential
HOA No
Attached Garage Yes
Subdivision Name Steamboat Island
Facing Direction North
Garage Y/N Yes
Full Baths 2
Special Listing Conditions None
Status Active
Directions I- 5 South,merge R to HWY 101,then stay R to HWY 101N/ Shelton/ Port Angeles,Exit R to Steamboat Island,L on Sexton Dr. NW,R on Steamboat Island Rd,L on Gallagher Cove RD NW
High School Capital High
City Olympia
Entry Location Main
Senior Community Y/N No
High School District Griffin
MLS Area 441 - Thurston Nw
Lot Size Units Square Feet
Lot Size Square Feet 91040
Carport Y/N No
Listing Terms Cash,Conventional,FHA,VA Loan
Elementary School Griffin Elem
Land Lease Y/N No
Tax Annual Amount 10241.54
Middle/Junior High School Griffin Mid School
Property Condition Good
Public Remarks 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,t
Virtual Tour https://player.vimeo.com/video/1208923049
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company Shared Well
Property Style 18 - 2 Stories w/Bsmnt
NWM_ShowMapLink Yes

Interior Features

Interior Amenities Second Kitchen,Second Primary Bedroom,Bath Off Primary,Ceiling Fan(s),Dbl Pane/Storm Window,Dining Room,Fireplace,Fireplace (Primary Bedroom),French Doors,Sauna,Security System,Skylight(s),Vaulted Ce
Basement Finished
Flooring Ceramic Tile,Stone,Vinyl Plank
Total Fireplaces 5
Fireplace Features Gas,Wood Burning
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N Yes
Half Baths 2
3/4 Baths 2
Total Bedrooms 2
Total Baths 6
Bedrooms Possible 2
Water Heater Type Electric
Water Heater Location Lower Garage
Fireplaces Upper 2
Fireplaces Main 2
Fireplaces Lower 1
Power Production Type Electric,Oil,Propane
Baths Three Quarter Lower 1
Baths Three Quarter Main 1
Bedrooms Upper 2
Baths Half Upper 1
Baths Half Main 1
Baths Full Upper 2
Bathrooms 4.5

Exterior Features

Exterior Amenities Stucco
Vegetation Brush,Garden Space,Wooded
Parking Features Attached Garage,RV Parking
Lot Features Dirt Road,Drought Resistant Landscape,Secluded
Water Source Shared Well
Total Parking 9
Inclusions Dishwasher(s),Double Oven,Microwave(s),Refrigerator(s),Stove(s)/Range(s)
Foundation Details Poured Concrete
Building Area Total 4262
Lot Dimensions 100*916*99*85
Lot Size Acres 2.09
Waterfront Y/N Yes
Covered Spaces 5
Irrigation Water Rights Y/N No
Waterfront Footage 100
Site Features Cable TV,Deck,High Speed Internet,Propane,RV Parking
Parking Uncovered Total 4

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 98502

Price
AVG $780K
$1.4M
Taxes
AVG $6,398
$10,241
Year Built
AVG 1994
1993
Visits
AVG 312
60
Data Provided by Inside Real Estate®

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