Price Reduction - Waterfront
Address
5214 78th Avenue Nw, Olympia, WA
Price
$ 1,599,000
Property Attributes
- ID#2520774
- TypeSingle Family
- CountyTHURSTON
- CityOlympia
- AreaThurston Nw
- NeighborhoodSteamboat Island
- Zip98502
- Style1 1/2 Stry w/Bsmt
- Year Built2019
- Taxes$ 12868
- Price$ 1,599,000
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3938
- Lot Size1.93 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
A rare waterfront offering just 15 minutes from West Olympia, this newer Craftsman home features 119 feet of no-bank waterfront and three steps to the beach. Timeless design, including a distinctive hidden speakeasy-inspired space, creates an exceptional blend of character, privacy, and effortless waterfront living. Set 700 feet back from the road on nearly two acres, the 2019 build opens to a light-filled main level where kitchen, dining, and living areas flow together as one social hub. Large north-facing windows in the primary suite, office, and living spaces frame constant views of Totten Inlet and the Olympic Mountains. Entertaining extends outdoors to an expansive deck and a lower covered patio with hot tub, plus the hidden speakeasy tucked behind a bookcase downstairs. Upstairs bonus space and lower-level bedrooms give overnight guests room to retreat. Outside, a manicured path leads past a fully enclosed garden and greenhouse to a finished, off-grid treehouse, a sophisticated glamping retreat. A private moorage buoy delivers immediate deep-water access with no marina storage required. Parking for ten accommodates an RV, boat, or a full weekend crowd, and you can drive right to the water's edge. A once-in-a-generation stretch of shoreline, ready for its next chapter.
| Elementary School | Middle School | High School |
|---|---|---|
| Griffin Elem | Griffin Mid School | Capital High |
| Price History | |
|---|---|
| 5/15/2026 | Listed $1,745,000 |
| 6/4/2026 | 3$1,695,000 |
| 9/11/2026 | 6$1,599,000 |
General Features
| Living Area | 3938 |
|---|---|
| Sewer | Septic Tank |
| Heating | 90%+ High Efficiency,Ductless,Forced Air,Heat Pump |
| Cooling | 90%+ High Efficiency,Ductless,Forced Air,Heat Pump |
| Possession | Closing |
| Roof | Composition |
| Appliances | Dishwasher,Microwave,Stove(s)/Range(s) |
| Security Features | Partially Fenced |
| Year Built | 2019 |
| View | Bay,Mountains,Sound |
| Topography | Partial Slope |
| Levels | One and One Half |
| Property Subtype | Single Family Residence |
| Tax Year | 2026 |
| Waterfront Features | Bayfront,No Bank,Saltwater,Sound |
| County | Thurston |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | Yes |
| Subdivision Name | Steamboat Island |
| Facing Direction | North |
| Garage Y/N | Yes |
| Full Baths | 3 |
| Special Listing Conditions | None |
| Status | Active |
| Directions | Off Hwy 101 head North on Steamboat Island Rd NW,Left on Gallagher Cove Rd NW which curves 90 left and turns into 78th Ave NW,home on right. |
| High School | Capital High |
| City | Olympia |
| Entry Location | Main |
| Senior Community Y/N | No |
| High School District | Griffin |
| MLS Area | 441 - Thurston Nw |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 84071 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional,VA Loan |
| Elementary School | Griffin Elem |
| Land Lease Y/N | No |
| Tax Annual Amount | 12868 |
| Middle/Junior High School | Griffin Mid School |
| Property Condition | Very Good |
| Public Remarks | A rare waterfront offering just 15 minutes from West Olympia,this newer Craftsman home features 119 feet of no-bank waterfront and three steps to the beach. Timeless design,including a distinctive hi |
| Virtual Tour | https://youtu.be/zE8kbbnRtAg |
| Structure Type | House |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Water Company | Private Well |
| Property Style | 17 - 1 1/2 Stry w/Bsmt |
| AFH | 205 |
| NWM_ShowMapLink | Yes |
Interior Features
| Interior Amenities | Bath Off Primary,Dbl Pane/Storm Window,Dining Room,Fireplace,Pantry,Vaulted Ceiling(s),Walk-In Closet(s),Water Heater,Wine/Beverage Refrigerator,Wired for Generator |
|---|---|
| Basement | Daylight,Finished |
| Flooring | Ceramic Tile,Vinyl Plank,Carpet |
| Total Fireplaces | 1 |
| Fireplace Features | Gas |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| 3/4 Baths | 1 |
| Total Bedrooms | 4 |
| Main Level Bedrooms | 2 |
| Total Baths | 4 |
| Bedrooms Possible | 3 |
| Water Heater Type | Electric |
| Water Heater Location | Downstairs Entertainment Room |
| Fireplaces Main | 1 |
| Power Production Type | Electric,Propane |
| Baths Three Quarter Main | 1 |
| Bedrooms Lower | 2 |
| Baths Full Main | 1 |
| Baths Full Lower | 2 |
| Bathrooms | 3.75 |
Exterior Features
| Exterior Amenities | Cement Planked,Wood |
|---|---|
| Vegetation | Garden Space,Wooded |
| Parking Features | Driveway,Attached Garage,Off Street,RV Parking |
| Lot Features | Open Space,Paved |
| Water Source | Individual Well |
| Total Parking | 10 |
| Inclusions | Dishwasher(s),Leased Equipment,Microwave(s),Stove(s)/Range(s) |
| Foundation Details | Poured Concrete |
| Spa | Yes |
| Building Area Total | 3938 |
| Lot Size Acres | 1.93 |
| Waterfront Y/N | Yes |
| Covered Spaces | 2 |
| Irrigation Water Rights Y/N | No |
| Waterfront Footage | 119' Totten Inlet Lo |
| Site Features | Deck,Fenced-Partially,Green House,High Speed Internet,Hot Tub/Spa,Moorage,Outbuildings,Patio,Propane,RV Parking |
| Parking Uncovered Total | 8 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 98502
Price
Taxes
Year Built
Visits
In The Neighborhood
Waterfront
Olympia
$ 695,000
- Type
- Single Family | Active
- Size
- 880 SqFt
- Rooms
- 2 Beds + 1 Baths
Listed by: RE/MAX Exclusive
Views
Olympia
$ 686,000
- Type
- Single Family | Active
- Size
- 2,048 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Listed by: Keller Williams South Sound
Waterfront
Olympia
$ 1,200,000
- Type
- Single Family | Active
- Size
- 3,476 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Listed by: Olympic Sotheby's Int'l Realty
Reduced
Olympia
$ 1,395,000
- Type
- Single Family | Active
- Size
- 4,262 SqFt
- Rooms
- 2 Beds + 5 Baths
Listed by: Morrison House Sotheby's Intl
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
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