For Sale
8531 Lake Forest Drive SE
Olympia, WA, 98503 • 98503 • Thurston County
$465,000
$338/sqft
Down payment assistance available
3Beds
2Baths
1,376Sqft
0.17 acLot
1975Built
Property DNA
Territorial Views
Territorial
1 Story Style
Built 1975 · 51 years of history
Lake Forest
98503
Outdoor Living
Bath Off Primary · Ceiling Fan(s) · Dbl Pane/Storm Window · Dining Room · Fireplace · Vaulted Ceiling(s) · Water Heater
1 Fireplace
Wood Burning · Lower Level: 1 · Fireplace
Garage
Attached Garage · Off Street
Just Listed
Listed Apr 5, 2026
This home is getting attention
227 views · 13 saves
Market activity
Demand and pricing signals for this listing
227 views
People checking out this listing
13 saves
Buyers have saved this home
$338/sqft
Price per square foot
About this home
Single Family · Built 1975
Welcome to your perfect retreat in the sought-after Long Lake Community! This beautifully updated single-level home offers effortless living with 3 spacious bedrooms and 1.75 baths.Step inside and fall in love with the striking architectural details—vaulted ceilings, exposed beams, and an abundance of natural light that creates an open, airy feel throughout. The generous primary suite features its own private en-suite bath, providing a peaceful escape at the end of the day.Cozy up by the warm fireplace in the inviting living room, or step outside to enjoy your large, fully fenced backyard—ideal for relaxing, entertaining, or play. Thoughtful updates including a new roof, stylish countertops, and durable laminate flooring make this home truly move-in ready.As part of the Long Lake Community, you’ll also enjoy access to the neighborhood park and kayak launch—perfect for embracing the outdoor lifestyle right outside your door.This is more than a home—it’s a lifestyle. Come see it for yourself!
Standout features identified
Our analysis highlights warm fireplace, stylish countertops, and exposed beams as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,920/month
Principal & Interest$2,275
Property Tax$465
Insurance$155
HOA$25
Down payment20% ($93,000)
3%50%
Est. 6.18% rate · 30yr fixed · $372,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1975
HeatingFireplace, Forced Air, Electric
CoolingNone
Parking2 Attached Garage spaces
HOA$25 monthly
Lot7,383 sqft
Days on Zillow0
Price/sqft$338
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Style1 Story
ConditionGood
Year built1975
Stories1
Systems
HeatingFireplace, Forced Air, Electric
CoolingNone
RoofComposition,Flat
ConstructionWood Siding, Wood Products
Water / SewerPublic, Company: City of Lacey / Septic Tank, Company: Septic
Parking & Outdoor
ParkingAttached Garage, Off Street
BasementNone
Fireplaces1
Lot7,383 sqft
Location & Tax
Neighborhood98503
ZoningLD - Low Density
Annual tax$4,348
Parcel58110002500
Bathrooms & Fees
Full baths1
HOA$25/mo
Features & details
13 categories of property features
Interior Features
Interior
Bath Off Primary
Ceiling Fan(s)
Dining Room
Appliances
Dishwasher
Dryer
Refrigerator
Stove(s)/Range(s)
Washer
Dishwasher(s)
Dryer(s)
Refrigerator(s)
Washer(s)
Water Heater: Electric
Water Heater Location: Garage
Flooring
Laminate
Carpet
Heating
Fireplace
Forced Air
Electric
Cooling
None
Fireplace
Wood Burning
Lower Level: 1
Fireplace
Windows
Dbl Pane/Storm Window
Exterior Features
Parking
Attached Garage
Off Street
Construction
Wood Siding
Wood Products
Patio & Porch
Bath Off Primary
Ceiling Fan(s)
Dbl Pane/Storm Window
Dining Room
Fireplace
Vaulted Ceiling(s)
Water Heater
Lot Features
Value In Land
Cable TV
Fenced-Fully
Gas Available
High Speed Internet
Patio
Community
Boat Launch
CCRs
Views
Territorial
Room details
11 rooms detailed
Master Bedroom
MainBedroom
MainBedroom
MainBathroom Three Quarter
MainBathroom Full
MainDining Room
MainListing insights
Market data and value estimates
StatusFor Sale
Est. value$462,700
Est. rent$2,423/mo
Tax rate0.81%
Price/sqft$338
On marketApr 5, 2026
PostedApr 6, 2026
Last sold$350,000
MLS statusActive
MLS updatedApr 6, 2026
Tour days9
Views227
Favorites13
How are the schools in Olympia?
3 schools rated nearby
Location
Olympia, WA, 98503
Price history
24 events
DateEventPrice$/sqftSource
Apr 6, 2026Listed For Sale$465,000$338NWMLS as distributed by MLS GRID
Sep 8, 2020Sold$350,000$254NWMLS as distributed by MLS GRID
Aug 5, 2020Pending Sale$328,500$239Renaissance Real Estate LLC
Jul 31, 2020Listed For Sale$328,500$239Renaissance Real Estate LLC
Jan 21, 2016Sold$198,500$144NWMLS as distributed by MLS GRID
Dec 7, 2015Pending Sale$198,500$144Windermere Real Estate/Olympia
Nov 28, 2015Listed For Sale$198,500$144Windermere Real Estate/Olympia
Nov 22, 2015Pending Sale$198,500$144Windermere Real Estate/Olympia
Nov 13, 2015Price Change$198,500$144Windermere Real Estate/Olympia
Jan 27, 2015Listing Removed$1,350$1Windermere Property Management
Jan 12, 2015Price Change$1,350$1Windermere Property Management
Dec 10, 2014Listed For Rent$1,395$1Windermere Property Management
Aug 12, 2014Price Change$219,000$159Windermere Professional Partners
Jul 9, 2014Listed For Sale$225,000$164Windermere Professional Partners
Mar 18, 2011Listing Removed$199,900$145Keller Williams
Dec 24, 2010Listed For Sale$199,900$145Keller Williams
Sep 17, 2010Sold$184,900$134NWMLS as distributed by MLS GRID
Jul 25, 2010Price Change$184,000$134Keller Williams Realty Olympia
Jul 16, 2010Price Change$189,000$137Keller Williams Realty Olympia
Jul 11, 2010Price Change$194,900$142Keller Williams Realty Olympia
Jun 19, 2010Listed For Sale$199,900$145Keller Williams Realty Olympia
Apr 20, 2010Listing Removed$204,900$149John L Scott Real Estate
Mar 14, 2010Listed For Sale$204,900$149John L Scott Real Estate
Aug 31, 2006Sold$199,000$145Public Record
Listed For Sale$465,000
Apr 6, 2026•$338/sqft•NWMLS as distributed by MLS GRID
Sold$350,000
Sep 8, 2020•$254/sqft•NWMLS as distributed by MLS GRID
Pending Sale$328,500
Aug 5, 2020•$239/sqft•Renaissance Real Estate LLC
Listed For Sale$328,500
Jul 31, 2020•$239/sqft•Renaissance Real Estate LLC
Sold$198,500
Jan 21, 2016•$144/sqft•NWMLS as distributed by MLS GRID
Pending Sale$198,500
Dec 7, 2015•$144/sqft•Windermere Real Estate/Olympia
Listed For Sale$198,500
Nov 28, 2015•$144/sqft•Windermere Real Estate/Olympia
Pending Sale$198,500
Nov 22, 2015•$144/sqft•Windermere Real Estate/Olympia
Price Change$198,500
Nov 13, 2015•$144/sqft•Windermere Real Estate/Olympia
Listing Removed$1,350
Jan 27, 2015•$1/sqft•Windermere Property Management
Price Change$1,350
Jan 12, 2015•$1/sqft•Windermere Property Management
Listed For Rent$1,395
Dec 10, 2014•$1/sqft•Windermere Property Management
Price Change$219,000
Aug 12, 2014•$159/sqft•Windermere Professional Partners
Listed For Sale$225,000
Jul 9, 2014•$164/sqft•Windermere Professional Partners
Listing Removed$199,900
Mar 18, 2011•$145/sqft•Keller Williams
Listed For Sale$199,900
Dec 24, 2010•$145/sqft•Keller Williams
Sold$184,900
Sep 17, 2010•$134/sqft•NWMLS as distributed by MLS GRID
Price Change$184,000
Jul 25, 2010•$134/sqft•Keller Williams Realty Olympia
Price Change$189,000
Jul 16, 2010•$137/sqft•Keller Williams Realty Olympia
Price Change$194,900
Jul 11, 2010•$142/sqft•Keller Williams Realty Olympia
Listed For Sale$199,900
Jun 19, 2010•$145/sqft•Keller Williams Realty Olympia
Listing Removed$204,900
Apr 20, 2010•$149/sqft•John L Scott Real Estate
Listed For Sale$204,900
Mar 14, 2010•$149/sqft•John L Scott Real Estate
Sold$199,000
Aug 31, 2006•$145/sqft•Public Record
Tax history
23 years of records
YearTax paidAssessed value
Apr 7, 2024$4,349$403,800
Apr 7, 2023$3,811$382,300
Apr 7, 2022$3,751$373,200
Apr 7, 2021$3,627$298,100
Apr 7, 2020$3,254$248,300
Apr 7, 2019$2,533$233,800
Apr 7, 2018$2,863$219,600
Apr 7, 2017$2,279$179,650
Apr 7, 2016$2,279$172,500
Apr 7, 2014$2,279$164,250
Apr 7, 2013—$143,750
Apr 7, 2012$2,119—
Apr 7, 2011——
Apr 7, 2010——
Apr 7, 2009$2,048—
Apr 7, 2008——
Apr 7, 2007$2,018—
Apr 7, 2006$2,887—
Apr 7, 2005$1,974—
Apr 7, 2004——
Apr 7, 2002——
Apr 7, 2001$1,650$100,600
Apr 7, 2000$1,613$96,300
Nearby homes
Neighborhood details
Local context around this listing
Olympia, WA • Thurston County
Nearby cities
BucodaCentraliaLaceyNisqually Indian CommunityOlympiaRainierRochesterTenino
Nearby zip codes
98503985099851398516
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Based on information submitted to the MLS GRID as of 2026-04-07 01:39:20 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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