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Every listing shows your estimated rebate.
The green number on each home is what could come back to you: the buyer-broker fee (typically 2 to 3%) minus our flat $9,750. No other search shows you this, because no other brokerage gives it back.
At a glance
5508 South Bay Terrace Drive NE, Olympia, WA, 98516
$1,450,000·3 bd·2 ba·NWMLS #2572068
Every completed rebate is published: see all 249 closings.
Listing data from NWMLS. Listing courtesy of James Clerget of Realty One Group Bold. Rebate estimate calculated by Arrivva.
How the rebate is calculated
- Buyer-broker fee at 2%
- $29,000
- Buyer-broker fee at 3%
- $43,500
- Arrivva flat fee
- - $9,750
- Estimated rebate range
- $19,000 to $34,000
*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies. How the rebate works
5508 South Bay Terrace Drive NEOlympia, WA 98516
Listing courtesy of James Clerget of Realty One Group Bold
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.
| 6 days ago | Listing updated with changes from the MLS® | |
| 7 days ago | Listing first seen on site |
Listing courtesy of James Clerget of Realty One Group Bold
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-09-09 10:36 PM PDT
*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies.
Questions about this listing
- How much could a buyer get back on 5508 South Bay Terrace Drive NE, Olympia, WA, 98516?
- Arrivva estimates a buyer rebate of $19,000 to $34,000 on this listing. The buyer-broker fee, typically 2 to 3% of the price, goes back to you minus Arrivva's flat $9,750 fee. Every completed rebate is published on the Arrivva results page. See every completed closing
- Who is the listing brokerage for 5508 South Bay Terrace Drive NE, Olympia, WA, 98516?
- Listing courtesy of James Clerget of Realty One Group Bold, per NWMLS listing #2572068. Arrivva is not the listing brokerage: Arrivva is a separate flat-fee brokerage that represents you as the buyer, with your interests first and no dual agency, ever. How Arrivva represents buyers
- How do I schedule a tour of 5508 South Bay Terrace Drive NE, Olympia, WA, 98516?
- Set up a quick chat with Arrivva by phone or video. The team confirms showing availability fast, tours the home with you, and walks you through offer strategy and the rebate math before you commit to anything. Set up a time to talk
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