All homes

$899,000

Reduced $51,000 — was $950,000

8038 61st Avenue

Olympia, WA 98516

Active
High BankBayfrontBulkheadSaltwaterSoundBay view

Beds

3

Baths

1

Sq Ft

1,224

Lot

0.74 ac

Year built

1946

Type

Residential

Days listed

117

MLS #

2463258

About this home

Experience Pacific Northwest waterfront living from this charming bungalow, perched high on the bank to maximize its breathtaking panoramic views of the Olympic Mountains, Nisqually Reach, Key Peninsula, Anderson Island, and McNeil Island. Enjoy the rare privilege of private beach access via your own stairs, a sturdy cement bulkhead, and ownership of the tidelands—offering valuable waterfront rights and potential opportunities to explore. Tucked into a peaceful, secluded setting, this property provides the ideal place to relax, entertain, or simply take in the ever-changing water, mountain, and island views from the covered deck. Inside, the cozy living room features exposed beams and a wood-burning fireplace, creating a warm and inviting space for full-time living, a weekend retreat, or a memorable beach getaway. Meticulously cared for and thoughtfully updated, the home includes its own well, a pressurized septic system, and low-maintenance grounds. There is ample guest parking, RV parking, and room for a GeoDome—offering flexibility for guests, hobbies, storage, or outdoor enjoyment. Bring your vision: there may be potential to build your dream home on the upper portion of the property while using the existing bungalow as a beach house or guest home. A truly special waterfront opportunity with exceptional views, beach access, privacy, and endless possibilities.

Interior features

Dbl Pane/Storm WindowFireplaceWater Heater

Exterior features

Wood

Appliances

DishwasherDryerRefrigeratorStove(s)/Range(s)Trash CompactorWasher

Property details

Heating
Baseboard
Cooling
Wall Unit(s)
Flooring
Laminate
Parking
None, RV Parking
View
Bay, Canal, Mountains, See Remarks, Sound, Territorial
Lot
Dead End Street, Paved, Secluded
Water source
Individual Well
Sewer
Septic Tank
Style
Cabin
Levels
One
Fireplaces
1

Costs

Price / sq ft
$734
Annual taxes
$6,416 (2025)

Estimate your monthly payment

$5,080/mo

Principal & interest
$4,546
Property taxes
$535
Loan amount $719,200

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Olympia, WA 98516

Approximate location. Contact us to confirm the exact address.

Listing courtesy of AgencyOne— Jesse Nelson.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

Interested in this home?

Request a private tour or ask a question — a local agent will respond personally.

No spam. We'll only reach out about your search.