Waterfront - first time on the market for this gorgeous home on East Bay Dr. This 3424 sq ft custom home was built in 2005 & has stunning views of Budd Bay, Swantown Marina, Capitol & The Olympics. Sun shines through the wood-wrapped windows w water views from almost every room. Some features: 3 bdrms (primary w 5 pc bath), 2.75 bths, living, kitchen, dining, family room, den, office, wine cellar, laundry, newer heat pump, craftsman details w vintage-inspired light switches & lots of storage. Outside deck has tongue & groove ceiling, patio & gazebo sitting next to the stairs of the 76 ft concrete bulkhead (w kayak launcher). The beautiful yard has been professionally landscaped. So close to parks, town, medical, freeway & more. Oly schools!
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Listed by: RE/MAX Northwest • Kathy I. Thompson
Bought with: Coldwell Banker Evergreen
$1,600,000
1405 E Bay Drive NE, Olympia, WA 98506
3beds
3,424sqft
Single Family Residence
Built in 2005
0.27 Acres Lot
$1,610,200 Zestimate®
$467/sqft
$4,334 Estimated rent
Home value
$1,610,200
$1.50M - $1.72M
$4,334/mo
Zestimate® history
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List your homeWhat's special
Wood-wrapped windowsOutside deckDen office wine cellarLots of storagePatio and gazeboTongue and groove ceiling
Zillow last checked:
Listing updated:
Listed by:
Kathy I. Thompson,
RE/MAX Northwest
Bought with:
Jodi Ashline, 41036
Coldwell Banker Evergreen
Source: NWMLS as distributed by MLS GRID,MLS#: 2438845
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Lower
Bedroom
- Level: Lower
Bathroom full
- Level: Lower
Bathroom full
- Level: Lower
Bathroom three quarter
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Heat Pump, Electric, Natural Gas
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Trash Compactor, Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater Location: garage
Features
- Bath Off Primary, Ceiling Fan(s), Dining Room
- Flooring: Hardwood, Slate, Carpet
- Doors: French Doors
- Windows: Dbl Pane/Storm Window
- Basement: Daylight
- Number of fireplaces: 1
- Fireplace features: Gas, Main Level: 1, Fireplace
Interior area
- Total structure area: 3,424
- Total interior livable area: 3,424 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage
- Has attached garage: Yes
- Covered spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Security System, Walk-In Closet(s), Wine Cellar
- Has view: Yes
- View description: Bay, City, Mountain(s), Sound
- Has water view: Yes
- Water view: Bay,Sound
- Waterfront features: Low Bank, Bulkhead, Saltwater
- Frontage length: Waterfront Ft: 76
Lot
- Size: 0.27 Acres
- Features: Cabana/Gazebo, Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Patio, Sprinkler System
Details
- Parcel number: 73300100300
- Zoning: City
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman,1 Story w/Bsmnt.
- Property subtype: Single Family Residence
Materials
- Cement Planked, Stone, Wood Siding, Cement Plank
- Foundation: Poured Concrete, Slab
- Roof: Composition
Condition
- Year built: 2005
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Olympia
- Water: Public, Company: City of Olympia
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Security: Security System
- Subdivision: East Bay
Location
- Region: Olympia
Financial & listing details
- Price per square foot: $467/sqft
- Tax assessed value: $1,793,100
- Annual tax amount: $19,770
- Date on market: 3/15/2026
- Cumulative days on market: 129 days
- Listing terms: Conventional
- Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Trash Compactor, Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2026 | Sold | $1,600,000-5.9%$467/sqft |
Source:  NWMLS as distributed by MLS GRID #2438845 Report a problem | ||
| 1/2/2026 | Pending sale | $1,700,000$496/sqft |
Source: NWMLS as distributed by MLS GRID #2438845 Report a problem | ||
| 12/4/2025 | Price change | $1,700,000-5.6%$496/sqft |
Source: NWMLS as distributed by MLS GRID #2438845 Report a problem | ||
| 10/1/2025 | Listed for sale | $1,800,000+500%$526/sqft |
Source: NWMLS as distributed by MLS GRID #2438845 Report a problem | ||
| 5/2/2003 | Sold | $300,000$88/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $18,770 +2.7% | $1,793,100 +2.5% |
| 2023 | $18,274 +21.8% | $1,749,400 +16.2% |
| 2022 | $15,003 -2.3% | $1,505,700 +17% |
| 2021 | $15,361 +7.2% | $1,287,200 +15.8% |
| 2020 | $14,329 +26.2% | $1,111,200 +7.1% |
| 2019 | $11,357 -4% | $1,037,500 +12.1% |
| 2018 | $11,836 +36% | $925,400 +17.8% |
| 2017 | $8,704 | $785,500 -1.1% |
| 2016 | $8,704 | $794,250 +14% |
| 2014 | $8,704 | $696,950 +2.2% |
| 2013 | -- | $682,250 |
| 2012 | $8,734 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $9,202 | -- |
| 2008 | -- | -- |
| 2007 | $10,063 -6.1% | -- |
| 2006 | $10,714 +264.2% | -- |
| 2005 | $2,941 | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
| 2001 | $3,471 +3.8% | $223,200 +4.3% |
| 2000 | $3,345 | $214,100 |
Find assessor info on the county website
Neighborhood: East Bay Drive
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Nearby schools
GreatSchools rating
- 7/10Roosevelt Elementary SchoolGrades: K-5Distance: 0.4 mi
- 8/10Reeves Middle SchoolGrades: 6-8Distance: 0.5 mi
- 9/10Olympia High SchoolGrades: 9-12Distance: 2.8 mi
Schools provided by the listing agent
- High: Olympia High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,610,200
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Estimated market value
$1,610,200
- Washington
- Thurston County
- Olympia
- 98506
- East Bay Drive
- 1405 E Bay Drive NE
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