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Olema is an unincorporated community in Marin County, California. It is located on Olema Creek 2.25 miles (3.6 km) south-southeast of Point Reyes Station, at an elevation of 69 feet (21 m). Olema is along State Route 1 and on the eastern edge of the Point Reyes Peninsula in the western part of Marin County. "Olema-loke" is Miwok Indian for little coyote.

Olema was once thought to be the epicenter of the 1906 San Francisco earthquake due to the huge fault rifts still visible via a nearby hiking path. There are historical references to this in and around the town, including at shops and restaurants. However, more recent evidence suggests that a location near Daly City is more likely the epicenter.

Olema was also the title subject of the late-1960s country-rock song, "Hippie from Olema", The Youngbloods' rejoinder to Merle Haggard's "Okie from Muskogee".

The Olema post office opened in 1859, closed in 1860, and re-opened in 1864.

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