Listed by RE/MAX Northwest
$1,800,000
OPEN SAT 11AM - 2PM

1405 NE East Bay Dr NE Olympia, WA 98506

East Bay Drive Neighborhood

Estimated payment $11,229/month

3 Beds
3 Baths
3,424 Sq Ft
$526 Price per Sq Ft

Highlights

  • Low Bank Waterfront Property
  • Views of a Sound
  • Craftsman Architecture
  • Reeves Middle School Rated A-
  • Wine Cellar
  • Deck

About This Home

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!

Listing Agent

Kathy Thompson

RE/MAX Northwest License #97403 Listed on: 10/01/2025

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2438845

Northwest Multiple Listing Service (NWMLS)

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,770

Year Built

  • Built in 2005

Lot Details

  • 0.27 Acre Lot
  • Low Bank Waterfront Property
  • 76 Feet of Waterfront
  • Partially Fenced Property
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Property Views

  • Views of a Sound
  • Bay
  • City
  • Mountain

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Cement Board or Planked
  • Stone

Interior Spaces

  • 3,424 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • French Doors
  • Wine Cellar
  • Dining Room
  • Natural lighting in basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Bulkhead
  • Deck
  • Patio
  • Gazebo

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Olympia High School

Utilities

  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 73300100300

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,770

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 2005
  • Inclusions: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Trash Compactor,Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Architectural Style: Craftsman
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 3424
  • SeniorExemption: false
  • Special Features: OpenHouse

Interior Features

  • Fireplaces: 1
  • Basement: Daylight
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Trash Compactor, Washer(s)
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Hardwood, Slate, Carpet
  • Interior Amenities: Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace, French Doors, Security System, Walk-In Closet(s), Wine Cellar
  • Living Area: 3424
  • Main Level Bathrooms: 1
  • BathsFullMain: 0
  • SquareFootageFinished: 3424
  • SquareFootageUnfinished: 0
  • BathsFullLower: 2
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 3
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Trash Compactor,Washer(s)

Exterior Features

  • Roof: Composition
  • View: Bay, City, Mountain(s), Sound
  • View: Yes
  • Waterfront Features: Low Bank, Bulkhead, Saltwater
  • Waterfront: Yes
  • Construction Type: Cement Plank, Stone, Wood
  • Exterior Features: Cement Planked, Stone, Wood
  • Foundation Details: Poured Concrete, Slab
  • Structure Type: House
  • BusLineNearby: true
  • WaterfrontFootage: 76

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced, Security System
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • WaterHeaterLocation: garage
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Olympia
  • High School: Olympia High

Lot Info

  • Parcel Number: 73300100300
  • Land Lease: No
  • Lot Size Acres: 0.269
  • Lot Size Sq Ft: 11719
  • Zoning: City
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cabana/Gazebo,Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: county
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2025
  • Tax Annual Amount: 19770

Multi Family

  • EnergySource: Electric,Natural Gas

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $18,274 $1,793,100 $813,400 $979,700
2023 $18,274 $1,749,400 $692,800 $1,056,600
2022 $15,361 $1,505,700 $519,300 $986,400
2021 $14,329 $1,287,200 $574,200 $713,000
2020 $13,713 $1,111,200 $544,600 $566,600
2019 $11,357 $1,037,500 $583,300 $454,200
2018 $11,836 $879,300 $482,800 $396,500
2017 $9,801 $785,500 $221,500 $564,000
2016 $8,704 $794,250 $249,650 $544,600
2014 -- $696,950 $247,450 $449,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2025 10/01/25 For Sale $1,800,000 -- $526 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $300,000 Thurston County Title
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2438845

Northwest Multiple Listing Service (NWMLS)

APN: 73300100300

Washington Thurston County Olympia 98506 East Bay Drive

1405 NE East Bay Dr NE, Olympia, WA

This home is located at 1405 NE East Bay Dr NE, Olympia, WA 98506 and is currently priced at $1,800,000, approximately $525 per square foot. This property was built in 2005. 1405 NE East Bay Dr NE is a home located in Thurston County with nearby schools including Roosevelt Elementary School, Reeves Middle School, and Avanti High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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Kathy Thompson
Listing Agent
Kathy Thompson
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RE/MAX Northwest
(360) 569-7608