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2901 S Bay Road NE, Olympia, WA, 98506

3beds
2baths
2,029sqft
$794,900
$392price/sqft
$5,061/moest. monthly cost
$202,440/yrincome needed

About This Home

A craftsman style home that is timeless, not dated by anything trendy, and situated in what feels like a park like setting. With an open floor plan, zero step clearance, and multiple windows in every room, you will never feel closed in. A beautiful gas fireplace is the focal point upon entering, capable of heating the entire house alone, with or without using the furnace. Heated bathroom floors. The fireplace is flanked by stunning cabinets and windows that provide a view of beautiful scenery. Heated bathroom floors.

Getting Around

10
WalkingCar-Dependent
22
TransitMinimal Transit
24
BikeSomewhat Bikeable

Schools

8/10
5/10
Chinook Middle SchoolGrades 6-81.9 mi
7/10

Construction

Condition

  • Year built: 2014

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Cement Planked,Cement Plank

Type & Style

  • Home type: SingleFamily
  • Architectural style: Craftsman,1 Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator,Stove(s)/Range(s),Tankless Water Heater,Dishwasher(s),Refrigerator(s),Water Heater: Electric

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Dining Room

  • Level: Main

Features

  • Window features: Skylight(s)
  • Flooring: Ceramic Tile,Hardwood,Slate,Carpet
  • Number of fireplaces: 1
  • Fireplace features: Gas,Main Level: 1,Fireplace
  • Fireplace: Yes

Great Room

  • Level: Main

Heating

  • Heating features: Fireplace,Forced Air,Heat Pump,Natural Gas

Interior Area

  • Total structure area: 2,029
  • Total interior livable area: 2,029 sqft

Kitchen With Eating Space

  • Level: Main

Living Room

  • Level: Main

Property

Details

  • Parcel number: 11806421010
  • Zoning: 17y1-17y1
  • Zoning description: Jurisdiction: City
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Fireplace,Skylight(s),Vaulted Ceiling(s),Walk-In Closet(s),Water Heater

Lot

  • Lot size: 0.45 Acres
  • Lot size dimensions: 196 x 100

Parking

  • Total spaces: 3
  • Parking features: Attached Garage
  • Has garage: Yes
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High

How This Home’s Risks Compare

Earthquake

FEMA Declared Disasters in Thurston County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,019$48,228
Home Insurance *$189$2,268
Property Taxes $704$8,448
Electricity $149$1,793
Total$5,061$60,732
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$173,520/yr
40% on housing$151,830/yr
45% on housing$134,960/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.8%
10.8%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$392This listing

vs Other Active Listings

Avg $/sqft

ZIP 98506$234
Thurston County$297

vs Homes Sold Last Month

Median $/sqft

ZIP 98506$272
Thurston County$285

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-04Pending sale$794,900
2026-07-09Price change$794,900
2026-06-26Price change$825,999
2026-06-12Listed for sale$860,000
2013-09-27Sold$100,000
2006-03-23Sold$92,000

For Sale by Agent

AgentAlexis Martz
BrokerageTRELORA Realty, Inc.

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