$950,000
Est. $4,814/mo3 bd•1 ba•1,224 sq ft
8038 61st Avenue Ne, Olympia, WA 98516
• Listed 2025-12-22•24 days on market
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Based on information submitted to the MLS GRID as of May 20, 2026 at 12:07pm (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Charming waterfront bungalow offering breathtaking vistas of the Olympics, Nisqually Reach, Key Peninsula, and the serene Anderson and McNeil Islands! This property features a sturdy cement bulkhead, direct beach access via private stairs, and full ownership of the tidelands. Enjoy a peaceful, secluded setting with a covered deck perfect for taking in the panoramic views. It comes with its own well and a pressurized septic system, and the low-maintenance grounds make life easy. The cozy living room, with its exposed beams and wood-burning fireplace, creates a warm and inviting atmosphere—ideal for everyday living or as a relaxing retreat. Meticulously cared for and several updates. lots of guest parking/ GEO Dome & RV parking included.
Listed by Jesse Nelson • Agency One
Listing updated: May 20, 2026 at 12:07pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2463258
Open houses
No upcoming open houses scheduled for this property.
$426,000
-$524,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $495K and $620K.
Rental earnings
$1,275/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$535,000Last sold price
5000 Cypress Loop Ne, Lacey, WA 98516

$610,000Last sold price
8544 Vashon Drive Ne, Lacey, WA 98516
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
8038 61st Avenue Ne, Olympia, WA 98516
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$5,587 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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$1,100,000
5007 Foxtrail Drive Ne, Olympia, WA 98516
Joe Toner · Toner Real Estate Solutions

$824,900
4129 Capri Court Ne, Olympia, WA 98516
Savannah A. Parker · Abbey Realty Inc

$999,000
3725 Hollywood Drive Ne, Olympia, WA 98516
Madison Del Vigo · Coldwell Banker Evergreen

$799,000
2102 Mark Street, Olympia, WA 98516
Nancy Griego · RE/MAX Parkside Affiliates

$995,000
2701 Fishtrap Loop Ne, Olympia, WA 98506
Ed Tropp · Coldwell Banker Bain

$840,000
2832 Fishtrap Loop Ne, Olympia, WA 98506
Tammy Adams · Virgil Adams Real Estate, Inc.
Olympia is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 8 days.
$780,000 Sold
4 weeks ago
3 bd•2 ba•~2,013 sq ft•Single Family
8317 Ne 52nd Avenue Ne, Lacey, WA 98516
3%
Over list
—
Days on market
0.6 mi
Distance
$375,000 Sold
6 months ago
•Single Family
7418 Grayhawk Lane Ne, Olympia, WA 98516
6%
Under list
—
Days on market
0.8 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.