98516 Homes with Waterfront

98516 Homes with Waterfront

Welcome to the enchanting 98516 zip code, nestled in the heart of Olympia, Washington! This vibrant area is a hidden gem within Thurston County, offering a unique blend of natural beauty, community spirit, and convenient amenities. With its proximity to the stunning shores of Puget Sound, residents can enjoy a lifestyle enriched by breathtaking waterfront views and recreational activities.

Homes in the 98516 area often boast picturesque waterfront properties, allowing you to wake up to the soothing sounds of waves and the gentle rustle of trees. Imagine sipping your morning coffee on a deck that overlooks sparkling waters or taking leisurely strolls along serene beaches just steps from your front door. Whether you’re seeking a cozy cottage or a luxurious estate, the waterfront homes here cater to a variety of tastes and budgets, making it an ideal destination for families, retirees, and everyone in between.

In addition to its stunning homes, the 98516 zip code is known for its vibrant community. Residents enjoy access to local parks, hiking trails, and a plethora of outdoor activities, all while being just a short drive from the bustling downtown Olympia, where you can find an array of shops, restaurants, and cultural attractions.

If you’re looking for a place that combines the tranquility of waterfront living with the charm of a close-knit community, the 98516 area is the perfect choice. Experience the beauty and serenity of Olympia, where your dream home awaits!

Newest 98516 Homes with Waterfront

4529 Johnson Point Road NE, Olympia
$1,050,000
3 Beds ⋅ 2 Baths ⋅ 2585095 MLS ⋅ ACTIVE Status
This home absolutely oozes Pacific Northwest living...with no HOA! Located on beautiful Henderson Inlet on the South Puget Sound, you'll pinch yourself every time you kayak or go standup paddleboarding right from your back yard. From the moment you arrive at the home, you know it's something special. The detached shop (with approx. 1678 sq ft) has 200 amp electrical service, an air compressor, and abundant room for your RVs, vehicles, and work space...you'll love it! Continue down the driveway to the home, with its own attached two car garage! Planning to entertain? This home has parking for all your guests! The front entrance is covered for quiet moments or coming home on rainy days...or just enter through the garage and use the convenient mud room. The great room is amazing and full of natural light via lots of windows and a triple sky light. And on those chilly days, fire up the wood stove, and relax without a care. The dining area adjoins a kitchen with a pantry closet and extra storage in the laundry room! Three bedrooms (plus a bonus room with closet) makes sure everyone fits, and you've got room to work from home or set up an exercise space or reading/hobby room. The rear covered patio and yard overlooking the Sound will leave you breathless. Sellers have just replaced all the carpet in the home and remodeled the primary ensuite bathroom, and they're leaving you kayaks, all appliances, shop equipment, a hot tub, bonus covered parking, and more! Welcome home!

4529 Johnson Point Road NE, Olympia

Listing Broker: Realty One Group Bold; Scott Christopher Tompkins; 360-951-0366; scott@my360agent.net

7842 61st Avenue NE, Olympia
$1,950,000
4 Beds ⋅ 5 Baths ⋅ 2581441 MLS ⋅ ACTIVE Status
Down a quiet dead-end street on Johnson Point, the trees give way and Nisqually Reach opens in front of you, the Olympic Mountains standing tall across the water. This is the setting the home was built for. Designed in 2017 with clean mid-century modern lines, forty-seven windows invite the water inside, and the great room frames the mountains through walls of glass with a propane fireplace glowing at your back on gray winter afternoons. Main floor living offers the ease of a rambler with real room to gather. Kitchen, dining and great room flow into one another and spill out to an oversized patio, fully curated with layered landscaping and beautiful stonework, made for long summer evenings and guests who never quite want to leave. Four bedrooms, 4.5 baths, a main floor primary suite, vaulted ceilings and skylights throughout. Below, a fully finished lower level with a family room and more bedrooms. One hundred feet of medium-bank Nisqually Reach saltwater and owned tidelands come with it. Beach days begin four doors down at Tolmie State Park, where miles of trail wander to the shore at several points. Level acre with garden space and mature trees, attached two-car garage, RV parking and room to park a crowd. Heat pump with A/C, generator wiring, well and septic, minutes to I-5.

7842 61st Avenue NE, Olympia

Listing Broker: Virgil Adams Real Estate, Inc.; Nate Burgher; 360-789-4719; Nate@VirgilAdamsRE.com

5508 South Bay Terrace Drive NE, Olympia
$1,450,000
3 Beds ⋅ 3 Baths ⋅ 2572068 MLS ⋅ ACTIVE Status
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 and sweeping views across serene Henderson Inlet, up through Dana Passage. Invaluable, grandfathered assets include a floating boat dock, a private bulkhead, and fully owned tidelands—providing exceptional privacy. 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, and alfresco entertaining with direct access to the waterfront grounds. 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. 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. Only minutes from Olympia's dynamic urban core, this is truly an incomparable waterfront property.

5508 South Bay Terrace Drive NE, Olympia

Listing Broker: Realty One Group Bold; James Clerget; 360-789-1071; jtcnomad@sbcglobal.net

9224 Baird Road NE, Olympia
$575,000
1 Beds ⋅ 1 Baths ⋅ 2569377 MLS ⋅ ACTIVE Status
This turnkey recreational cabin sits just steps from the tideline, framed by mature firs and open to sweeping views of the Olympics to the west and Mount Rainier to the southeast. Finished to a level rarely seen in a getaway property. Inside, a wall of windows and vaulted ceilings pull the water in from every angle. Shiplap walls, quartz counters, farmhouse sink, propane range, and stainless appliances make the compact kitchen genuinely usable. An electric fireplace anchors the living space, and a cable-rail staircase climbs to an open loft with its own water view and a private balcony for morning coffee. A tiled shower and vanity serve the main floor, with an incinerating toilet in place of conventional plumbing, no septic system on site. Outside is where this place earns its keep. A cedar pergola and covered pavilion, strung with lights, extend the living space toward the water. Soak in the hot tub while boats and nature slide past. Level lawn to the bank, Adirondack chairs at the edge, and a generous gravel drive with room for boats, trailers, and guests. A rare chance at high-bank waterfront with big-water views and nothing left to do but arrive.

9224 Baird Road NE, Olympia

Listing Broker: Virgil Adams Real Estate, Inc.; Nate Burgher; 360-789-4719; Nate@VirgilAdamsRE.com

7324 Puget Beach Road NE, Olympia
$1,295,000
3 Beds ⋅ 2 Baths ⋅ 2555697 MLS ⋅ ACTIVE Status
Enjoy breathtaking views of the sound & Mt. Rainier, with a private beach front, with an easy commute to freeway & stores. Home has 2816 sq, ft with 4 bedrooms, 2 baths, downstairs utility room. One bedroom was converted into a custom office. Open concept main floor with beautiful kitchen & huge walk-in pantry. Seller has installed/replaced all new Milguard windows, trek deck with railing, custom primary closets, Mitsubishi HVAC system with Air conditioning, well pump, water filtration & softener system, 2 pellet stoves along with custom Hunter Douglas window shades. Property is .75 acre with 50 feet waterfront and includes an additional lot, .22 acre for a total of .97 acre. Second lot is perfect for building a shop. Property includes gardens, fruit trees, and a second deck closer to the water w/ stairs to the beach and tideland rights.

7324 Puget Beach Road NE, Olympia

Listing Broker: NextHome Northwest Group; Lorena Evankovich; 360-239-1159; levankovich@yahoo.com

8641 Fernwood Street NE, Olympia
$1,350,000
2 Beds ⋅ 2 Baths ⋅ 2535087 MLS ⋅ ACTIVE Status
Fabulous architecturally designed waterfront beach house on coveted Johnson Point! This one-owner retreat offers approximately 2,300 SF of thoughtfully designed & carefully crafted living space, blending rustic mountain elegance with breathtaking views of Henderson Inlet. From the moment you enter, soaring vaulted ceilings with exposed beams and Rocky Mountain metal hardware create a warm, inviting atmosphere. The stunning great room is the heart of the home, featuring rich hardwood floors, a dramatic stone-wrapped fireplace & dramatic floor-to-ceiling windows to frame the sparkling saltwater beyond. Window seats invite you to relax and take in the ever-changing scenery. The kitchen is beautiful and functional with cherry cabinetry, gas cooking, a center island, and walk-in pantry - simply perfect. A main-level ¾ bath adds convenience for guests. Upstairs, an inviting & whimsical loft-style family room, accessed by a striking staircase, offers cozy reading nooks, a sleeper sofa for added versatility, stone fireplace & BIG views. The lower level includes two spacious bedrooms, a well-designed full bath with tucked-away laundry, plus a 3rd versatile bunk room or office. Finishes throughout include solid six-panel doors, radiant heat, and low-maintenance metal roof. Compact & amazing! Outside, follow the stepping-stone path to your low-bank gravel waterfront complete with bulkhead & room for kayaks. A rare opportunity to own an irreplaceable & very special waterfront escape!

8641 Fernwood Street NE, Olympia

Listing Broker: Coldwell Banker Evergreen; Jodi Ashline; 360-951-8002; jodiashline@gmail.com

7544 Sandy Point Beach Road NE, Olympia
$1,200,000
3 Beds ⋅ 3 Baths ⋅ 2533967 MLS ⋅ ACTIVE Status
New listing on the Puget Sound Waterfront! Welcome to your high bank waterfront home with sweeping mountain views with glistening Puget Sound as far as the eye can see. Wildlife watching is abundant from your backyard! A dead end street with access Tolmie State Park and the opportunity for hiking trails. This exceptional property is complete with a brand-new luxury designed carriage house. Ideal flat property perched above the sound with a concrete bulkhead and facing north, it offers the perfect canvas for a custom waterfront estate. The main house is under redevelopment and the seller has already engaged a respected architect who is actively securing permits with the city for a brand new home built on the existing foundation with a slightly expanded footprint. Skip the typical 12-18 months of planning, engineering and shoreline review which has been started. The heavy lifting has begun. While you build, enjoy easy living in the move-in ready carriage house, ideal for full-time living, or guest quarters. Utilities access are already in place with new septic system and new well system. This is the kind of Puget Sound waterfront that rarely comes on the market!

7544 Sandy Point Beach Road NE, Olympia

Listing Broker: Skyline Properties, Inc.; Christopher Howard; 253-350-2157; chrishoward@skylineproperties.com

8038 61st Avenue NE, Olympia
$899,000
3 Beds ⋅ 1 Baths ⋅ 2463258 MLS ⋅ ACTIVE Status
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.

8038 61st Avenue NE, Olympia

Listing Broker: AgencyOne; Jesse Nelson; 206-930-1172; jesse@jessenelson.com

7047 Kellogg Drive NE, Olympia
$155,000
2296112 MLS ⋅ ACTIVE Status
Outstanding opportunity to build your waterfront dream home in a desirable location near the Henderson Inlet. Sale includes 3 lots together. Other 2 parcels are 57200003300 and 57200003400 total size of all lots is just shy of an acre. Seller just waiting on septic design. Only minutes away from Zittel's Marina and Tolmie State Park.

7047 Kellogg Drive NE, Olympia

Listing Broker: Riley Jackson Real Estate Inc.; Cheryl Goethals Messer; 360-470-8744; cherylmesser@hotmail.com

8031 Kerbaugh Road NE, Olympia
$905,000
2031845 MLS ⋅ ACTIVE Status
First time on market since the Hoover administration! Ultra-rare large estate-sized and private waterfront parcel on desirable Johnson Point! Splendid views of Henderson Inlet and the Olympics, and approximately 500' of gorgeous gravelly beachfront plus ownership of the tidelands. Zoned 1 unit per 5 acres. There is definitely marketable timber but no timber cruise has been done. This is the perfect palette for your "statement" home!

8031 Kerbaugh Road NE, Olympia

Listing Broker: Virgil Adams Real Estate, Inc.; Spence Weigand; 360-789-3160; spenceweigand@comcast.net

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