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4940 78th Avenue Nw, 
Olympia, WA 98502

$1,395,000


2

Beds


6

Baths


4,262

Sq Ft


Single Family

Active

Listed by

Christina Keller

Courtney K. Drennon

Morrison House Sotheby'S Intl

Last updated:

September 3, 2026, 11:33 AM

MLS#

2552545

Source:

NWMLS

About This Home

4940 78th Avenue Nw

Exceptional opportunity to own a 3-bedroom (2-bedroom septic), 4.5-bath, 4,262 sq. ft. waterfront retreat with 100 feet of low-tide beach frontage and nearly 180-degree panoramic views of Puget Sound, the Olympic Mountains and abundant marine wildlife. Thoughtfully designed to maximize the breathtaking scenery, this home offers the perfect blend of luxury and comfort. At the heart of the home is a spacious gourmet kitchen featuring a professional 6-burner range, dual dishwashers, extensive cabinetry, generous prep space and an eat-in dining area—all overlooking the water. Expansive living spaces flow seamlessly to view decks and patios, creating effortless indoor-outdoor living. The waterfront primary suite features a private balcony and a newly remodeled, spa-inspired en suite. Two additional bedrooms with remodeled bathrooms provide flexibility for guests or a home office. The daylight lower level includes a spacious flex room with patio access, while the third-floor bonus room offers its own private balcony with spectacular water views. Enjoy minimal stairs to the shoreline for kayaking, paddleboarding and beachcombing. An attached 2-car garage plus three additional lower-level garage bays provide exceptional space for vehicles, boats and recreational equipment. Combining panoramic views, peaceful privacy, versatile living spaces and outstanding waterfront amenities, this is a rare opportunity to experience the very best of Puget Sound waterfront living.

Home Facts

Single Family

6 Baths

2 Bedrooms

Built in 1993

Subdivision & Development:

Steamboat Island

Price Summary

1,395,000

$327 per Sq. Ft.

MLS #:

2552545

Last Updated:

September 3, 2026, 11:33 AM


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

2

Interior

Living Area:

4,262 Sq. Ft.


Structure

Structure

Building Area:

4,262 Sq. Ft.

Year Built:

1993


Lot

Lot Size (Sq. Ft):

91,040


Finances & Disclosures

Finances

Price:

$1,395,000

Price per Sq. Ft:

$327 per Sq. Ft.

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 3, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.