A bicycle hydraulic brake device includes a housing having a master cylinder, a master piston movably mounted in the master cylinder, a brake operating member and an adjustment mechanism. The brake operating member is arranged to move between a rest position and a brake actuating position and to move the master piston in response to movement of the brake operating member to the brake actuating position. The adjustment mechanism is arranged to adjust the rest position and a free stroke of the brake operating member with an initial travel position of the master piston remaining unchanged. The adjustment mechanism includes a first adjustment member that adjusts a length of a free stroke and a second adjustment member that adjusts the rest position of brake operating member without changing the length of the free stroke.