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Listed by:Realty One Group Bold • James Clerget

$1,450,000

Est. payment - /mo

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3 Beds

2.75 Baths

3,329 SqFt

New

5508 South Bay Terrace DR NE Olympia, WA 98516

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Aaron Miriello

aaron@primenorthwesthomes.com +1(206) 999-8875

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,329 sqft

Price per Sqft $435

Subdivision Henderson Inlet

MLS Listing ID 2572068

Style 16 - 1 Story w/Bsmnt.

Bedrooms 3

Full Baths 2

Year Built 1968

Annual Tax Amount $10,563

Lot Size 1.300 Acres

Property Sub-Type Single Family Residence

Property 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.

Location

State WA

County Thurston

Area 445 - Boston Harbor

Rooms

Basement Daylight

Main Level Bedrooms 3

Interior

Interior Features Second Kitchen, Bath Off Primary, Fireplace, Pantry, Security System, Water Heater, Wine/Beverage Refrigerator, Wired for Generator

Flooring Vinyl, Carpet

Fireplaces Number 2

Fireplaces Type Gas

Fireplace true

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

Exterior

Exterior Feature Wood

Amenities Available Deck, Dock, Fenced-Partially, Gated Entry, Outbuildings, Outdoor Fireplace, Patio, Propane, RV Parking

Waterfront Description Low Bank,Bayfront,Sound

View Y/N Yes

View Bay, Sound, Territorial

Roof Type Composition,See Remarks

Garage Yes

Building

Lot Description Dead End Street, Paved, Secluded

Story One

Sewer Septic Tank

Water Community

New Construction No

Schools

School District North Thurston

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://listings.imageartsphoto.com/videos/01a0630e-3e40-70af-ba18-dc82326fc9fe

"Three Trees" icon indicates a listing provided courtesy of NWMLS.