Property Attributes
- ID#2585593
- TypeSingle Family
- CountyTHURSTON
- CityOlympia
- AreaOlympia North
- NeighborhoodOlympia
- Zip98501
- StyleTraditional
- Year Built1937
- Taxes$ 590
- Price$ 525,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2494
- Lot Size0.74 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
Opportunity abounds on this huge 3/4-acre high bank lakefront property in the historic Capitol Lake Neighborhood! With a spacious existing home and the potential for big lake views, it’s brimming with possibilities for sweat equity or a fresh start. Add your own renovations to the home’s original 1937 charm, which includes period details like exposed timber beams, wood paneling, hardwood floors, and a masonry fireplace. Perched above a private trail down to the lake, it’s perfectly positioned to take advantage of the scenery. OR bring your contractor and design the lake view home of your dreams. Either way, you’ll benefit from the $400million Capitol Lake restoration project currently underway. You’ll also reap the rewards of a fabulous location in one of Olympia’s nicest neighborhoods, just minutes to the Capitol Building, downtown Olympia, downtown Tumwater, and freeway access. Location, lakefront, and a lovely setting...all this property needs is your vision.
| Elementary School | Middle School | High School |
|---|---|---|
| Lincoln Elementary | Wash Mid | Olympia High |
| Price History | |
|---|---|
| 9/25/2026 | Listed $525,000 |
General Features
| Living Area | 2494 |
|---|---|
| Sewer | Sewer Connected |
| Heating | Forced Air |
| Cooling | None |
| Possession | Closing |
| Roof | Composition |
| Appliances | Dishwasher,Dryer,Refrigerator,Stove(s)/Range(s),Washer |
| Architectural Style | Traditional |
| Security Features | Partially Fenced |
| Year Built | 1937 |
| View | Lake,Territorial |
| Levels | One and One Half |
| Property Subtype | Single Family Residence |
| Tax Year | 2026 |
| Waterfront Features | High Bank |
| County | Thurston |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | Olympia |
| Facing Direction | West |
| Full Baths | 1 |
| Special Listing Conditions | None |
| Status | Active |
| Directions | use GPS,home is through shared driveway on the far west end of 24th ave SW |
| High School | Olympia High |
| City | Olympia |
| Senior Community Y/N | No |
| High School District | Olympia |
| MLS Area | 447 - Olympia North |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 32234 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional,VA Loan |
| Elementary School | Lincoln Elementary |
| Land Lease Y/N | No |
| Tax Annual Amount | 590 |
| Middle/Junior High School | Wash Mid |
| Property Condition | Fixer |
| Public Remarks | Opportunity abounds on this huge 3/4-acre high bank lakefront property in the historic Capitol Lake Neighborhood! With a spacious existing home and the potential for big lake views,its brimming with |
| Structure Type | House |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Property Style | 17 - 1 1/2 Stry w/Bsmt |
| NWM_ShowMapLink | Yes |
Interior Features
| Interior Amenities | Dining Room,Fireplace,Loft,Water Heater |
|---|---|
| Basement | Daylight,Partially Finished |
| Flooring | Hardwood,Laminate,Vinyl,Carpet |
| Total Fireplaces | 1 |
| Fireplace Features | Wood Burning |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| 3/4 Baths | 1 |
| Total Bedrooms | 3 |
| Main Level Bedrooms | 2 |
| Total Baths | 2 |
| Water Heater Type | electric |
| Water Heater Location | basement |
| Fireplaces Main | 1 |
| Power Production Type | Natural Gas,Wood |
| Baths Three Quarter Lower | 1 |
| Bedrooms Upper | 1 |
| Baths Full Main | 1 |
| Bathrooms | 1.75 |
Exterior Features
| Exterior Amenities | Metal/Vinyl |
|---|---|
| Parking Features | Driveway,RV Parking |
| Lot Features | Dead End Street,Paved,Sidewalk,Value In Land |
| Water Source | Public |
| Total Parking | 6 |
| Inclusions | Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s) |
| Foundation Details | Poured Concrete |
| Building Area Total | 3316 |
| Lot Size Acres | 0.74 |
| Waterfront Y/N | Yes |
| Irrigation Water Rights Y/N | No |
| Site Features | Deck,Fenced-Partially,RV Parking |
| Parking Uncovered Total | 6 |
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 98501
In The Neighborhood
Olympia
$ 1,050,000
- Type
- Single Family | Active
- Size
- 4,544 SqFt
- Rooms
- 4 Beds + 3.5 Baths
Listed by: NextHome Northwest Group
Olympia
$ 654,950
- Type
- Single Family | Active
- Size
- 2,392 SqFt
- Rooms
- 4 Beds + 2.5 Baths
Listed by: Epic Realty
Olympia
$ 569,990
- Type
- Single Family | Active
- Size
- 2,489 SqFt
- Rooms
- 5 Beds + 2.5 Baths
Listed by: BMC Realty Advisors, Inc
Tumwater
$ 465,000
- Type
- Single Family | Active
- Size
- 1,378 SqFt
- Rooms
- 4 Beds + 1 Baths
Listed by: Windermere Prof Partners
Lacey
$ 1,200,000
- Type
- Single Family | Active
- Size
- 3,232 SqFt
- Rooms
- 4 Beds + 3.5 Baths
Listed by: Real Broker LLC
Olympia
$ 499,000
- Type
- Single Family | Active
- Size
- 1,658 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Keller Williams South Sound
Olympia
$ 535,000
- Type
- Single Family | Active
- Size
- 1,547 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: John L. Scott, Inc.
Olympia
$ 575,000
- Type
- Single Family | Active
- Size
- 2,016 SqFt
- Rooms
- 4 Beds + 2.5 Baths
Listed by: Windermere Real Estate/East
Olympia
$ 785,000
- Type
- Single Family | Active
- Size
- 2,083 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Keller Williams South Sound
Olympia
$ 572,000
- Type
- Single Family | Active
- Size
- 1,908 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Elite Properties
Olympia
$ 549,950
- Type
- Single Family | Active
- Size
- 2,081 SqFt
- Rooms
- 4 Beds + 2.5 Baths
Listed by: Abbey Realty Inc
Olympia
$ 395,000
- Type
- Single Family | Active
- Size
- 976 SqFt
- Rooms
- 3 Beds + 1 Baths
Listed by: Wilcox Real Estate