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$1,450,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 4 Partial Baths
  • 4,262 Sq. Ft.
  • Updated 2 hours ago

Listed by Christina Keller | Morrison House Sotheby's Intl | (253) 581-5100 and Courtney K. Drennon | Morrison House Sotheby's Intl | (253) 581-5100

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Expectational opportunity to own a waterfront retreat with 100ft of low tide beach frontage and nearly 180-degree panoramic views of the Puget Sound, Olympic Mountain and an 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. 2 additional bedrooms with remodeled bathrooms provide flexibility for guests or a home office (3-bedroom home served by a 2-bedroom septic system). The daylight lower level includes a spacious flex room with patio access, while the 3rd 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 3 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.

Full Property Details for 4940 78th Ave NW

General

  • Price: $1,450,000
  • Taxes: $10,241 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2552545
  • Updated: 7/10/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: Second Kitchen, Second Primary Bedroom, Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Fireplace (Primary Bedroom), French Doors, Sauna, Security System, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wet Bar, Wine/Beverage Refrigerator
  • Fireplace: Yes
  • Number of Fireplaces: 5
  • Fireplace(s): Gas, Wood Burning
  • Appliances: Dishwasher(s), Double Oven, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Flooring: Ceramic Tile, Stone, Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 2
  • 3/4 Bathrooms: 2
  • Half Bathrooms: 2
  • Upper - Full Baths: 2
  • Upper - 1/2 Baths: 1
  • Main Floor Baths: 2
  • Main - 3/4 Baths: 1
  • Main - 1/2 Baths: 1
  • Lower - 3/4 Baths: 1

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Upper: 2

Additional Information

  • Amenities: Cable TV, Deck, High Speed Internet, Propane, RV Parking
  • Security/Safety: Security System

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Covered Spaces: 5
  • Uncovered Spaces: 4
  • Parking Features: Attached Garage, RV Parking

Location

  • Area: 441 - Thurston Nw
  • County: Thurston
  • Subdivision: Steamboat Island
  • Driving Directions: I- 5 South, merge R to HWY 101, then stay R to HWY 101N/ Shelton/ Port Angeles, Exit R to Steamboat Island, L on Sexton Dr. NW, R on Steamboat Island Rd, L on Gallagher Cove RD NW
  • Direction Faces: North

School Information

  • High School District: Griffin
  • Elementary School: Griffin Elem
  • Middle School: Griffin Mid School
  • High School: Capital High

Heating & Cooling

  • Cooling Type: None
  • Heating Type: High Efficiency (Unspecified)
  • Water Heater: Electric

Utilities

  • Sewer: Septic Tank
  • Water: Shared Well

Structural Information

  • Structure Type: House
  • Exterior Const.: Stucco
  • Basement Desc.: Finished
  • Foundation: Poured Concrete
  • Roof: Tile
  • Entry Location: Main
  • Square Feet: 4,262
  • Finished Total: 4,262 Sq. Ft.
  • Year Built: 1993
  • Property Condition: Good

Lot Features

  • Property View: Sound
  • Lot Size (Acres): 2.09
  • Lot Size (Sq. Ft.): 91,040
  • Lot Size Source: Public Records
  • Lot Dimensions: 100*916*99*85
  • Topography: Level, Partial Slope
  • Lot Features: Dirt Road, Drought Resistant Landscape, Secluded
  • Trees/Vegetation: Brush, Garden Space, Wooded

Water Features

  • Water Front: Yes

Financial Considerations

  • Tax Amount: $10,241.54
  • Tax Year: 2026
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Double Oven, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Property ID: 12907320900

Listed by Christina Keller | Morrison House Sotheby's Intl | (253) 581-5100 and Courtney K. Drennon | Morrison House Sotheby's Intl | (253) 581-5100

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Schools serving 4940 78th Ave NW

School District:Griffin School District
NameGradesDistance
Griffin School
6530 33rd Avenue Northwest, Olympia, WA 98502
K-84.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4940 78th Ave NW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/10/2026
Listed
$1,450,000
47.21%
MLS
7/16/2024
Sold
$985,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4940 78th Ave NW

Year
Property Taxes
Change
Tax Assessment
Change
2026
$92
-99%
$1,293,900
-10%
2025
$11,158
6%
$1,432,800
3%
2024
$10,507
32%
$1,388,400
30%
2021
$7,961
-17%
$1,064,700
-14%
2023
$9,537
20%
$1,233,300
44%
2021
$7,961
-2%
$853,800
13%
2020
$8,105
14%
$756,000
13%
2019
$7,094
-10%
$671,900
1%
2018
$7,916
-4%
$667,700
-6%
2017
$8,219
-9%
$709,100
-6%
2016
$9,009
12%
$750,950
10%
2015
$8,022
-5%
$683,150
4%
2014
$8,431
—
$655,550
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Christina Keller | Morrison House Sotheby's Intl | (253) 581-5100 and Courtney K. Drennon | Morrison House Sotheby's Intl | (253) 581-5100

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4940 78th Avenue NW, Olympia, WA 98502 (MLS# 2552545) is a Single Family property with 2 bedrooms, 2 full bathrooms and 4 partial bathrooms. 4940 78th Avenue NW is currently listed for $1,450,000 and was received on July 10, 2026. Want to learn more about 4940 78th Avenue NW? Do you have questions about finding other Single Family real estate for sale in Olympia? You can browse all Olympia real estate or contact a Coldwell Banker agent to request more information.

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