Sold927d on market
505 Summit Lake Shore Road NW #2B
Olympia, WA, 98502 • 98502 • Thurston County
$304,000
$354/sqft
1Beds
1Baths
858Sqft
0.15 acLot
1976Built
Property DNA
Waterfront Property
Lake
Scenic Views
Lake · Territorial
Summit Lake
98502
Outdoor Living
Ceramic Tile · Laminate · Balcony/Deck/Patio · Fireplace · Water Heater
1 Fireplace
Electric · Wood Burning · Main Level: 1 · Fireplace
Ceramic Tile Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
7 views
People checking out this listing
927 days on market
Established listing
$354/sqft
Price per square foot
About this home
Condo · Built 1976
MUST SEE! Start enjoying this spectacular no bank WATERFRONT condo on AMAZING Summit Lake! Private gated entrance as you arrive. This spacious 850+ square foot home has plenty of room for entertaining. There is vaulted ceilings as you walk in with laminate floors. Bonus room area for guest & a big living room leading out to the deck. All kitchen appliances plus the washer & dryer are included. Utilities & insurance included in the monthly dues. Low maintenance property with a huge 400 sq ft storage area in the basement for your lake toys. Enjoy fishing, swimming, or boating from your dock! Kick back on the generous sized deck with amazing lake views. Close by to shopping & restaurants. Too much to list!!
Standout features identified
Our analysis highlights vaulted ceilings, bonus room area, and generous sized deck as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,192/month
Principal & Interest$1,487
Property Tax$304
Insurance$101
HOA$300
Down payment20% ($60,800)
3%50%
Est. 6.18% rate · 30yr fixed · $243,200 loan
Full calculator →At a glance
Key facts and listing details
TypeCondominium
Year Built1976
HeatingFireplace, Wall Unit(s), Electric
CoolingNone
Parking2 Carport spaces
HOA$300 monthly
Property
Home typeCondo
Sub-typeCondominium
Year built1976
Stories2
Systems
HeatingFireplace, Wall Unit(s), Electric
CoolingNone
RoofComposition
ConstructionWood Siding
Parking & Outdoor
ParkingCarport
Fireplaces1
Lot6,442 sqft
Location & Tax
Neighborhood98502
Annual tax$2,924
Parcel77150200000
Bathrooms & Fees
Full baths1
HOA$300/mo
Features & details
10 categories of property features
Interior Features
Appliances
Dishwasher_
Dryer
Microwave_
Refrigerator_
StoveRange_
Washer
Dishwasher
Microwave
Refrigerator
StoveRange
Water Heater: Electric
Water Heater Location: Downstairs storage
Flooring
Ceramic Tile
Laminate
Heating
Fireplace
Wall Unit(s)
Electric
Cooling
None
Fireplace
Electric
Wood Burning
Main Level: 1
Fireplace
Exterior Features
Parking
Carport
Construction
Wood Siding
Patio & Porch
Ceramic Tile
Laminate
Balcony/Deck/Patio
Fireplace
Water Heater
Lot Features
Paved
Views
Lake
Territorial
Room details
7 rooms detailed
Master Bedroom
MainBathroom Full
MainDining Room
MainEntry Hall
MainKitchen With Eating Space
MainLiving Room
MainListing insights
Market data and value estimates
StatusSold
Days on market927
Est. value$305,100
Est. rent$1,608/mo
Tax rate0.81%
Price/sqft$354
On marketApr 12, 2023
PostedMar 16, 2023
Last sold$304,000
MLS statusSold
MLS updatedSep 28, 2023
Tour days6
Views7
How are the schools in Olympia?
3 schools rated nearby
Location
Olympia, WA, 98502
Price history
7 events
DateEventPrice$/sqftSource
Sep 22, 2023Sold$304,000$354NWMLS as distributed by MLS GRID
Sep 5, 2023Pending Sale$299,900$350NWMLS as distributed by MLS GRID
Aug 21, 2023Price Change$299,900$350NWMLS as distributed by MLS GRID
Aug 7, 2023Price Change$324,900$379NWMLS as distributed by MLS GRID
Jul 5, 2023Price Change$344,900$402NWMLS as distributed by MLS GRID
Jun 12, 2023Price Change$354,900$414NWMLS as distributed by MLS GRID
Mar 16, 2023Listed For Sale$379,000$442NWMLS as distributed by MLS GRID
Sold$304,000
Sep 22, 2023•$354/sqft•NWMLS as distributed by MLS GRID
Pending Sale$299,900
Sep 5, 2023•$350/sqft•NWMLS as distributed by MLS GRID
Price Change$299,900
Aug 21, 2023•$350/sqft•NWMLS as distributed by MLS GRID
Price Change$324,900
Aug 7, 2023•$379/sqft•NWMLS as distributed by MLS GRID
Price Change$344,900
Jul 5, 2023•$402/sqft•NWMLS as distributed by MLS GRID
Price Change$354,900
Jun 12, 2023•$414/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$379,000
Mar 16, 2023•$442/sqft•NWMLS as distributed by MLS GRID
Nearby homes
Neighborhood details
Local context around this listing
Olympia, WA • Thurston County
Nearby cities
BucodaCentraliaLaceyNisqually Indian CommunityOlympiaRainierRochesterTenino
Nearby zip codes
98502
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Based on information submitted to the MLS GRID as of 2026-04-07 13:48:49 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
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