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508 Summit Lake Shore Dr NW , Olympia, WA 98502
$599,950
Est. Payment: $2,911.63/mo
3 Bed
1.75 Bath
1584 Sqft
Status: active | Days on site: 76
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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
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Highlights

Listed by Daniel Buelt , 425-210-7307 FIRST AND MAIN , 425-210-7307. Northwest Multiple Listing Service

Property Type

Residential
Lot/Acreage
4.8

Year Built

2002

County

Thurston

Area

441 - Thurston Nw

 Neighborhood

Summit Lake

 School District

Olympia

Listing ID

2515045

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:1.75
  • ▪ Full Bathrooms:1
  • ▪ 3/4 Bathrooms:1
Appliances:Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
Air Cond:See Remarks
Fireplaces:Electric
Floor:Laminate
Other:Bath Off Primary,Ceiling Fan(s),Dining Room,Skylight(s),SMART Wired,Wired for Generator,Master on Main
Other:Shared Well

Exterior Features

Lot:Dirt Road,Open Space,Secluded,Value In Land,Built On Lot,Outdoor Fireplace
Garage Capacity:6
Roof:Composition
Others:Wood,Wood Products
Sewer:Septic
Parking Features:Driveway,Attached Garage
Principal Interest
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$2,912
Taxes
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$425

Home Price

$599,950

Home Price

Loan Details

30 yrs
6.11%

Interest Rate

Loan Type

Down Payment

20%
$119,990

Down Payment

Down Payment %

All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,911.63

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,911.63 $424.75 $0.00 $3,336.38
Yearly $34,939.60 $5,097.00 $0.00 $40,036.60
Total $1,048,188.05 $152,910.00 $0.00 $1,201,098.05
Lender profile image
Preferred1765470255 Lender1765470255
My Title 1765470255
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Market insight data is pulled from the same city as the listing being viewed (Olympia, WA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Estimated Payment, Market Insight Calculations, School and Neighborhood Information provided by Blueroof360

The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
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Data last updated: 2026-06-29T14:35:14.000Z

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