1333 East Bay Drive NE · Olympia, WA 98506
Source: NWMLS · Virgil Adams Real Estate, Inc. · Nate Burgher #NWM2487561
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!
Location
Basics
- Property type
- Single Family Residence
- Style
- 1 Story w/Bsmnt.
- Stories
- 1 story
- Year built
- 1933 (renovated 1982)
- Building area
- 2,587 sq ft
- Lot size
- 14,175 sq ft (0.33 acres)
- County
- Thurston
- MLS #
- NWM2487561
Interior
- Heating
- Ductless, Forced Air
- Cooling
- Ductless
- Flooring
- Bamboo/Cork, Ceramic Tile, Laminate, Softwood, Carpet
- Appliances
- Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer
- Fireplace
- 1 · Gas
- Interior features
- Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Vaulted Ceiling(s), Water Heater
- Entry level
- Main
Exterior & lot
- Exterior features
- Cement Planked, Wood
- Roof
- Composition
- Foundation
- Poured Concrete
- Lot features
- Curbs, Paved, Sidewalk
- Topography
- Level,Partial Slope
- View
- Bay, City, Mountains, Sound
- Waterfront
- Yes
Parking
- Parking spaces
- 2
- Garage
- Yes
- Covered spaces
- 1
- Parking features
- Detached Garage
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric, Natural Gas
Community & fees
- Subdivision
- East Bay
- Property tax
- $11,296 (2026)
Transaction
- Original list price
- $999,000 (15.2% price cut)
- Listed on
- Mar 16, 2026
- Days on market
- 188
- Price per sq ft
- $515
- Listing terms
- Cash, Conventional
- Possession
- Closing, Negotiable
More homes nearby
Schools
School district: Olympia
- Elementary
- Roosevelt Elementary
- Middle
- Reeves Mid
- High
- Olympia High SchoolSchoolDigger 5 stars · Top 7% in WA

Listing provided courtesy of: Virgil Adams Real Estate, Inc.
Listing agent: Nate Burgher.
Based on information submitted to the MLS GRID as of —. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-09-17.