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$1,450,000

For Sale

3 days ago

5508 S Bay Ter Ne, Olympia, WA

House

MLS® 2572068

3 Bed

3 Bath

3329 sqft

2 Parking

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 3329 sqft
Garage Yes
Taxes $10,563
Days Active 2
Lot Size 1.3 Acres
Approx. Age 1968
Avg. Price Per Sqft $435
MLS® Number 2572068

Property Address: 5508 S Bay Ter Ne, Olympia, WA, 98516-9600

Average square foot calculated using Size range provided by listing agent.

Description

Discover a rare 1.3-acre dual-parcel legacy estate in coveted South Bay Terrace. This 3, 329-SF luxury home offers ~160 feet of low-bank saltwater frontage, a private bulkhead, and sweeping views across serene Henderson Inlet, up through Dana Passage. Ideally located near Boston Harbor and Woodard Bay Conservation Area, this sanctuary offers unrivaled access to Puget Sound’s most beautiful protected waters. Designed to frame the water from nearly every room, the home features a gourmet chef’s kitchen with granite countertops, hardwood finishes, a professional Viking range, and premium KitchenAid appliances. Expansive living areas are filled with natural light, while the daylight basement offers flexible space for multi-generational living, a home theater, or alfresco entertaining with direct access to the waterfront grounds. The finished garage features epoxy flooring with ample hobby-craft space. Fully landscaped grounds include new premium wood and wrought iron fencing, a vegetable garden, and a private orchard with mature apple, pear, and cherry trees. The children's area ensures fun for all. Rare, grandfathered assets include a floating boat dock and fully owned tidelands—providing exceptional privacy. A brand-new architectural roof and professionally permitted Generac standby generator with a 240-gallon propane system provide lasting peace of mind-whatever the season. Only minutes from Olympia's dynamic urban core, this is truly an incomparable waterfront property.
MLS® Number2572068
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1968
BasementDaylight
DrivewayDriveway, Attached Garage, RV Parking
Garage Spaces
Heat90%+ High Efficiency, Forced Air, Heat Pump
A/CHeat Pump

Extras

Dishwasher(s), Double Oven, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

Rooms

Other:Main FloorNot available
Other:Lower LevelNot available
Other:Main FloorNot available
Other:Main FloorNot available
Living Room:Main FloorNot available
Other:Lower LevelNot available
Utility Room:Main FloorNot available
Other:Lower LevelNot available
Other:Main FloorNot available
Other:Lower LevelNot available
Other:Lower LevelNot available

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 3, 2026List Date
$1,450,000List Price
  • Commute

Commute

Starting Address
Destination Address
5508 S Bay Ter Ne, Olympia, WA

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