4940 78th Avenue NW, Olympia, WA, 98502
About This Home
Exceptional opportunity to own a 3-bedroom (2-bedroom septic), 4.5-bath, 4,262 sq. ft. waterfront retreat with 100 feet of low-tide beach frontage and nearly 180-degree panoramic views of Puget Sound, the Olympic Mountains and abundant marine wildlife. Thoughtfully designed to maximize the breathtaking scenery, this home offers the perfect blend of luxury and comfort. At the heart of the home is a spacious gourmet kitchen featuring a professional 6-burner range, dual dishwashers, extensive cabinetry, generous prep space and an eat-in dining area—all overlooking the water. Expansive living spaces flow seamlessly to view decks and patios, creating effortless indoor-outdoor living. The waterfront primary suite features a private balcony and a newly remodeled, spa-inspired en suite. Two additional bedrooms with remodeled bathrooms provide flexibility for guests or a home office. The daylight lower level includes a spacious flex room with patio access, while the third-floor bonus room offers its own private balcony with spectacular water views. Enjoy minimal stairs to the shoreline for kayaking, paddleboarding and beachcombing. An attached 2-car garage plus 3 additional lower-level garage bays provide exceptional space for vehicles, boats and recreational equipment. Combining panoramic views, peaceful privacy, versatile living spaces and outstanding waterfront amenities, this is a rare opportunity to experience the very best of Puget Sound waterfront living.
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Good
- Year built: 1993
Materials
- Foundation: Poured Concrete
- Roof: Tile
- Construction materials: Stucco
Notable Dates
- Major remodel year: 1993
Type & Style
- Home type: SingleFamily
- Architectural style: 2 Stories w/Bsmnt
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Double Oven,Microwave,Refrigerator,Stove(s)/Range(s),Dishwasher(s),Microwave(s),Refrigerator(s),Water Heater: Electric,Water Heater Location: Lower Garage
Basement
- Has basement: Yes
- Basement: Finished
Bathroom Full
- Level: Second
Bathroom Full
- Level: Second
Bathroom Three Quarter
- Level: Lower
Bathroom Three Quarter
- Level: Main
Bedroom
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 6
- Full bathrooms: 2
- 3/4 bathrooms: 2
- 1/2 bathrooms: 2
- Main level bathrooms: 2
Bonus Room
- Level: Lower
Den Office
- Level: Third
Dining Room
- Level: Main
Entry Hall
- Level: Main
Family Room
- Level: Main
Features
- Bath Off Primary,Ceiling Fan(s),Dining Room,Sauna
- Door features: French Doors
- Window features: Dbl Pane/Storm Window,Skylight(s)
- Flooring: Ceramic Tile,Stone,Vinyl Plank
- Number of fireplaces: 5
- Fireplace features: Gas,Wood Burning,Lower Level: 1,Main Level: 2,Upper Level: 2,Fireplace
- Fireplace: Yes
Heating & Cooling
- Heating features: Fireplace,High Efficiency (Unspecified),Electric,Oil,Propane
- Cooling features: None
Interior Area
- Total structure area: 4,262
- Total interior livable area: 4,262 sqft
Kitchen With Eating Space
- Level: Main
Living Room
- Level: Main
Master Bedroom
- Level: Second
Other
- Level: Garage
Other
- Level: Second
Other
- Level: Main
Utility Room
- Level: Second
Property
Details
- Parcel number: 12907320900
- Zoning: SFR
- Zoning description: Jurisdiction: County
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Second Kitchen,Second Primary Bedroom,Bath Off Primary,Ceiling Fan(s),Dbl Pane/Storm Window,Dining Room,Fireplace,Fireplace (Primary Bedroom),French Doors,Sauna,Security System,Skylight(s),Vaulted Ceiling(s),Walk-In Closet(s),Water Heater,Wet Bar,Wine/Beverage Refrigerator
- Has view: Yes
- View description: Sound
- Has water view: Yes
- Water view: Sound
- On waterfront: Yes
- Waterfront features: Medium Bank,Sound
- Frontage length: Waterfront Ft: 100
- Topography of land: Level,Partial Slope
- Residential vegetation: Brush,Garden Space,Wooded
Lot
- Lot size: 2.09 Acres
- Features: Drought Resistant Landscape,Secluded,Cable TV,Deck,High Speed Internet,Propane,RV Parking
- Lot size dimensions: 100*916*99*85
Parking
- Total spaces: 9
- Parking features: Attached Garage,RV Parking
- Has garage: Yes
- Covered spaces: 5
- Uncovered spaces: 4
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
- Coastal Flooding
- Heat Wave
- Inland Flooding
- Landslide
How This Home’s Risks Compare
FEMA Declared Disasters in Thurston County and Washington
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,331 | $87,972 |
| Home Insurance * | $353 | $4,236 |
| Property Taxes | $900 | $10,800 |
| Electricity | $291 | $3,498 |
| Total | $8,875 | $106,500 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-10 | Listed for sale | $1,450,000 |
| 2024-07-23 | Sold | $985,000 |
| 2024-06-30 | Pending sale | $995,000 |
| 2024-06-25 | Price change | $995,000 |
| 2024-03-16 | Price change | $1,295,000 |
| 2023-10-27 | Price change | $1,495,000 |
| 2023-10-19 | Listed for sale | $1,695,000 |
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