Open House Sat, Sep 5th 12:30 PM - 03:30 PM
Address
508 Summit Lake Shore Drive Nw, Olympia, WA
Price
$ 579,500
Property Attributes
- ID#2515045
- TypeSingle Family
- CountyTHURSTON
- CityOlympia
- AreaThurston Nw
- NeighborhoodSummit Lake
- Zip98502
- Style2 Story
- Year Built2002
- Taxes$ 5097
- Price$ 579,500
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1584
- Lot Size4.8 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
Tucked away near Summit Lake, this private 4.8-acre retreat offers a rare blend of private recreational acreage near Olympia with turnkey updates and future-use flexibility. Surrounded by mature trees and natural beauty, the property invites you to slow down and enjoy your space—whether it’s sipping morning coffee on the deck, exploring your own wooded acreage, or planning future additions like a shop, garden, or trails. In addition to its serene setting, the land features marketable timber, offering potential monetary value and long-term resource appeal.Inside, the home has been thoughtfully updated with new laminate flooring, refreshed kitchen cabinetry with soft-close hardware, and stainless steel appliances, creating a clean, functional space ready for everyday living. Natural light fills the main floor, enhancing the home’s warm and welcoming atmosphere. Major improvements—including a 30-year roof, fresh exterior paint, and upgraded systems—provide peace of mind, while modern touches like EV charging readiness and custom closet organizers add convenience.With nearly 5 acres of land, a double-car garage, and ample room to expand, this property offers flexibility for hobbies, storage, or simply enjoying the privacy that’s increasingly hard to find. Located just minutes from Summit Lake and a short drive to town, this is a unique opportunity to own acreage with both lifestyle appeal and underlying land value. Experience the space, privacy, and potential this property has to
| Elementary School | Middle School | High School |
|---|---|---|
| Mclane Elem | Marshall Middle | Capital High |
| Price History | |
|---|---|
| 4/30/2026 | Listed $619,950 |
| 6/10/2026 | 4$599,950 |
| 7/29/2026 | 2$589,500 |
| 8/26/2026 | 2$579,500 |
General Features
| Living Area | 1584 |
|---|---|
| Sewer | Septic Tank |
| Heating | Forced Air |
| Cooling | None,See Remarks |
| Possession | Closing |
| Roof | Composition |
| Appliances | Dishwasher,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer |
| Year Built | 2002 |
| View | Lake,Partial |
| Topography | Sloped |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2026 |
| Community Features | Athletic Court,Boat Launch,Club House,Park,Playground,Trail(s) |
| County | Thurston |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | Yes |
| Subdivision Name | Summit Lake |
| Facing Direction | Northwest |
| Garage Y/N | Yes |
| Full Baths | 1 |
| Special Listing Conditions | None |
| Status | Active |
| Directions | Drive onto US-101,Keep left to continue on WA-8 W,follow signs for Montesano/Aberdeen,Turn onto Summit Lake Shore Rd NW **If GPS takes you to a gate,just drive past gate to FOR SALE sign** |
| High School | Capital High |
| City | Olympia |
| Entry Location | Main |
| Senior Community Y/N | No |
| High School District | Olympia |
| MLS Area | 441 - Thurston Nw |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 209088 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional,FHA,VA Loan |
| Elementary School | Mclane Elem |
| Land Lease Y/N | No |
| Tax Annual Amount | 5097 |
| Middle/Junior High School | Marshall Middle |
| Public Remarks | Tucked away near Summit Lake,this private 4.8-acre retreat offers a rare blend of private recreational acreage near Olympia with turnkey updates and future-use flexibility. Surrounded by mature trees |
| Virtual Tour | https://www.zillow.com/view-imx/07b5f2bb-a722-4d07-9931-2f5c69d159de?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard |
| Structure Type | House |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Water Company | Shared Well |
| Property Style | 12 - 2 Story |
| NWM_ShowMapLink | Yes |
Interior Features
| Interior Amenities | Bath Off Primary,Ceiling Fan(s),Dining Room,Skylight(s),SMART Wired,Wired for Generator |
|---|---|
| Basement | None |
| Flooring | Laminate |
| Fireplace Features | Electric |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| 3/4 Baths | 1 |
| Total Bedrooms | 3 |
| Main Level Bedrooms | 1 |
| Total Baths | 2 |
| Power Production Type | Electric |
| Baths Three Quarter Upper | 1 |
| Bedrooms Upper | 2 |
| Baths Full Main | 1 |
| Bathrooms | 1.75 |
Exterior Features
| Exterior Amenities | Wood,Wood Products |
|---|---|
| Vegetation | Wooded |
| Parking Features | Driveway,Attached Garage |
| Lot Features | Dirt Road,Open Space,Secluded,Value In Land |
| Water Source | Shared Well |
| Total Parking | 6 |
| Inclusions | Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s) |
| Foundation Details | Poured Concrete |
| Building Area Total | 1584 |
| Lot Size Acres | 4.8 |
| Waterfront Y/N | No |
| Covered Spaces | 2 |
| Irrigation Water Rights Y/N | No |
| Site Features | Outdoor Fireplace |
| Parking Uncovered Total | 4 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 98502
Price
Taxes
Year Built
Visits
In The Neighborhood
Just Listed
Olympia
$ 750,000
- Type
- Single Family | Active
- Size
- 1,440 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: RE/MAX Advantage
Olympia
$ 625,000
- Type
- Single Family | Active
- Size
- 2,116 SqFt
- Rooms
- 2 Beds + 2.5 Baths
Listed by: RE/MAX Advantage
Olympia
$ 1,305,000
- Type
- Single Family | Active
- Size
- 2,711 SqFt
- Rooms
- 2 Beds + 3 Baths
Listed by: Olympic Sotheby's Int'l Realty
