$579,500
 $3,111 est/mo Sourced by Back At You

508 Summit Lake Shore Drive,Olympia, WA 98502

Olympia, WA 98502

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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

Details

MLS #2515045
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2002
Days On Site158
Listing Provided ByFIRST AND MAIN | Daniel Buelt

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,584
Garage2
Story(s)2
Acreage4.80
Property ViewYes

Taxes

Property5097

Area Information

StateWA
CountyThurston
CityOlympia
Zip Code98502
Area441 Thurston Nw
Community NameSummit Lake
School DistrictCapital High
Elementary SchoolMclane Elem
High SchoolCapital High
Listing VS Median (in Summit Lake)
Price:
$579,500
low | high
Med:
$674,950
33.528904227783% of Average
sqft:
1,584
low | high
Med:
1,778
37.752525252525% of Average
$ / sqft:
$366
low | high
Med:
$402
40.07122690671% of Average
On site:
158
low | high
Med:
49
100% of Average
Sourced by Back At You

Market Activity 98502

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Learn More About This Property

StateWA
CountyThurston
CityOlympia
Zip Code98502
Area441 Thurston Nw
Community NameSummit Lake
School DistrictCapital High
Elementary SchoolMclane Elem
High SchoolCapital High
Listing VS Median (in Summit Lake)
Price:
$579,500
low | high
Med:
$674,950
33.528904227783% of Average
sqft:
1,584
low | high
Med:
1,778
37.752525252525% of Average
$ / sqft:
$366
low | high
Med:
$402
40.07122690671% of Average
On site:
158
low | high
Med:
49
100% of Average
Sourced by Back At You
Listing Updated: October 3, 2026 at 8:49:15 AM PDT