Why Live in East Bay Drive
East Bay Drive in Olympia is a waterfront neighborhood featuring a mix of condos, cottages, and luxury homes, many of which offer stunning views of Budd Inlet. The homes, ranging from midcentury styles to modern beach houses, often include large windows, decks, or patios to maximize the scenic vistas. The area is characterized by its evergreen surroundings, providing a sense of privacy despite the close proximity of the houses. Residents enjoy outdoor activities with Squaxin Park to the north, offering extensive forested trails and water views, and the nearby Swantown Marina & Boatworks for water sports like kayaking and paddleboarding. While East Bay Drive lacks its own retail options, downtown Olympia is less than a mile away, offering a variety of shopping and dining experiences, including the Olympia Farmers Market and popular eateries like Dockside Bistro & Wine Bar and The Bread Peddler. The neighborhood is conveniently located 2 miles from Interstate 5, facilitating easy commutes to Tacoma and Seattle, and is served by Intercity Transit for public transportation. The highly-rated Olympia School District serves the area, with Roosevelt Elementary, Reeves Middle School, and Olympia High School all receiving top marks. Olympia High School is noted for its college credit opportunities through the Running Start program.
Frequently Asked Questions
Is East Bay Drive a good place to live?
East Bay Drive is a good place to live. East Bay Drive is considered car-dependent and bikeable with some transit options. East Bay Drive has 1 park for recreational activities. It has a median age of 54. The average household income is $130,925 which is above the national average. College graduates make up 67% of residents. A majority of residents in East Bay Drive are home owners, with 17.3% of residents renting and 82.7% of residents owning their home. A
local real estate agent serving East Bay Drive can help you decide if this neighborhood is the right one for you. Learn more on our
East Bay Drive neighborhood guide.
How much do you need to make to afford a house in East Bay Drive?
The median home price in East Bay Drive is $1,034,900. If you put a 20% down payment of $207,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $5,270 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $226K a year to afford the median home price in East Bay Drive. The average household income in East Bay Drive is $131K.
What are the best public schools in East Bay Drive?
The best public schools that serve East Bay Drive are:
- Olympia High School has an A Niche grade, a student teacher ratio of 23:1 and an average review score of 3.8.
- Reeves Middle School has an A- Niche grade and a student teacher ratio of 18:1.
- Avanti High School has a B+ Niche grade, a student teacher ratio of 19:1 and an average review score of 4.0.
What are the best private schools in East Bay Drive?
The best private schools that serve East Bay Drive are:
What are the most popular zip codes in East Bay Drive, Olympia, WA?
What are the most popular neighborhoods near East Bay Drive, Olympia, WA?
Are home prices dropping in East Bay Drive?
Yes, home prices in East Bay Drive are down 22% in the last 12 months.
Home Trends in East Bay Drive, WA
On average, homes in East Bay Drive, Olympia sell after 46 days on the market compared to the national average of 52 days. The median sale price for homes in East Bay Drive, Olympia over the last 12 months is $850,000, down 32% from the median home sale price over the previous 12 months.
Median Sale Price
$850,000
Median Single Family Sale Price
$850,000
Average Price Per Sq Ft
$465
Number of Homes for Sale
5
Last 12 months Home Sales
3
Median List Price
$1,034,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-32%
