Sold305d on market
1940 Summit Lake Shore Road NW
Olympia, WA, 98502 • 98502 • Thurston County
$700,000
$248/sqft
3Beds
2Baths
2,825Sqft
2.8 acLot
1997Built
Property DNA
Waterfront Property
Direct water access
Scenic Views
Lake · Territorial
Summit Lake
98502
Outdoor Living
Bath Off Primary · Ceiling Fan(s) · Double Pane/Storm Window · Dining Room · Fireplace · Skylight(s) · Water Heater
1 Fireplace
See Remarks · Main Level: 1 · Fireplace
2-Car Garage
Driveway · Attached Garage · RV Parking
This home is getting attention
Listed 305 days ago · 16 views
Market activity
Demand and pricing signals for this listing
16 views
People checking out this listing
305 days on market
Established listing
$248/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 28% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1997
LAKE VIEW! Tucked atop a private road w/ jaw-dropping views of Summit Lake & surrounding hills. Beautifully remodeled 3-bed, 2-bath home offers 2,825 sq ft of stylish living on 2.76 private, wooded acres. New roof (transferable warranty) & attic and crawlspace insulation. Long list of updates include kitchen w/ quartz counters & stainless steel GE & KitchenAid appliances, new carpets, newer heat pump A/C, furnace, & water heater. Spacious primary suite features a walk-in closet, ensuite bath, & lake views. Bonus room (gym, media rm?), oversized mudroom, extra-large 2-car garage, & tons of parking—including RV space—add convenience. No HOA. 20 minute drive to Olympia—this is lake living at its finest!
Standout features identified
Our analysis highlights lake view, oversized mudroom, and bonus room as key attractions of this home.
Estimated monthly payment
Based on current rates
$4,341/month
Principal & Interest$3,407
Property Tax$700
Insurance$233
Down payment20% ($140,000)
3%50%
Est. 6.14% rate · 30yr fixed · $560,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1997
HeatingFireplace, 90%+ High Efficiency, Forced Air, Heat Pump, Electric, Propane
CoolingForced Air, Heat Pump
Parking2 Attached Garage spaces
Lot2.76 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1997
Stories1
Systems
HeatingFireplace, 90%+ High Efficiency, Forced Air, Heat Pump, Electric, Propane
CoolingForced Air, Heat Pump
RoofComposition
ConstructionWood Products
Water / SewerLake / Septic Tank
Parking & Outdoor
ParkingDriveway, Attached Garage, RV Parking
Garage2 spaces
BasementNone
Fireplaces1
Lot2.76 Acres
Location & Tax
Neighborhood98502
Annual tax$5,564
Parcel77120218200
Bathrooms & Fees
Full baths2
Features & details
14 categories of property features
Interior Features
Interior
Bath Off Primary
Ceiling Fan(s)
Dining Room
Appliances
Dishwasher(s)
Dryer(s)
Microwave(s)
Refrigerator(s)
See Remarks
Stove(s)/Range(s)
Washer(s)
Water Heater: Electric
Water Heater Location: Bonus Room
Flooring
Laminate
Vinyl
Carpet
Heating
Fireplace
90%+ High Efficiency
Forced Air
Heat Pump
Electric
Propane
Cooling
Forced Air
Heat Pump
Fireplace
See Remarks
Main Level: 1
Fireplace
Windows
Double Pane/Storm Window
Skylight(s)
Exterior Features
Parking
Driveway
Attached Garage
RV Parking
Construction
Wood Products
Patio & Porch
Bath Off Primary
Ceiling Fan(s)
Double Pane/Storm Window
Dining Room
Fireplace
Skylight(s)
Water Heater
Lot Features
Adjacent to Public Land
Dead End Street
Paved
Secluded
Cable TV
High Speed Internet
Patio
Propane
RV Parking
Views
Lake
Territorial
Utilities
Xfinity
Xfinity
Other Equipment
Leased Equipment: Propane Tank - Amerigas
Room details
12 rooms detailed
Master Bedroom
MainBedroom
MainBedroom
MainBathroom Full
MainBathroom Full
MainBonus Room
MainListing insights
Market data and value estimates
StatusSold
Days on market305
Est. value$687,400
Est. rent$2,802/mo
Tax rate0.81%
Price/sqft$248
On marketJun 18, 2025
PostedApr 11, 2025
Last sold$700,000
MLS statusSold
MLS updatedJul 6, 2025
Tour days6
Views16
How are the schools in Olympia?
1 school rated nearby
Location
Olympia, WA, 98502
Price history
11 events
DateEventPrice$/sqftSource
Jun 5, 2025Sold$700,000$248NWMLS as distributed by MLS GRID
May 5, 2025Pending Sale$685,000$242NWMLS as distributed by MLS GRID
Apr 28, 2025Contingent$685,000$242NWMLS as distributed by MLS GRID
Apr 21, 2025Pending Sale$685,000$242NWMLS as distributed by MLS GRID
Apr 15, 2025Contingent$685,000$242NWMLS as distributed by MLS GRID
Apr 11, 2025Listed For Sale$685,000$242NWMLS as distributed by MLS GRID
Jul 5, 2024Sold$685,000$242NWMLS as distributed by MLS GRID
Jun 3, 2024Pending Sale$675,000$239NWMLS as distributed by MLS GRID
May 28, 2024Listed For Sale$675,000$239NWMLS as distributed by MLS GRID
Nov 8, 2023Sold$600,000$212Public Record
Mar 19, 1998Sold$233,500$83NWMLS as distributed by MLS GRID
Sold$700,000
Jun 5, 2025•$248/sqft•NWMLS as distributed by MLS GRID
Pending Sale$685,000
May 5, 2025•$242/sqft•NWMLS as distributed by MLS GRID
Contingent$685,000
Apr 28, 2025•$242/sqft•NWMLS as distributed by MLS GRID
Pending Sale$685,000
Apr 21, 2025•$242/sqft•NWMLS as distributed by MLS GRID
Contingent$685,000
Apr 15, 2025•$242/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$685,000
Apr 11, 2025•$242/sqft•NWMLS as distributed by MLS GRID
Sold$685,000
Jul 5, 2024•$242/sqft•NWMLS as distributed by MLS GRID
Pending Sale$675,000
Jun 3, 2024•$239/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$675,000
May 28, 2024•$239/sqft•NWMLS as distributed by MLS GRID
Sold$600,000
Nov 8, 2023•$212/sqft•Public Record
Sold$233,500
Mar 19, 1998•$83/sqft•NWMLS as distributed by MLS GRID
Tax history
23 years of records
YearTax paidAssessed value
Apr 7, 2024$5,565$638,900
Apr 7, 2023$4,942$573,500
Apr 7, 2022$87$575,200
Apr 7, 2021$87$496,500
Apr 7, 2020$87$436,700
Apr 7, 2019$87$411,500
Apr 7, 2018$81$411,800
Apr 7, 2017$80$342,050
Apr 7, 2016$80$325,750
Apr 7, 2014$80$296,950
Apr 7, 2013—$281,400
Apr 7, 2012——
Apr 7, 2011——
Apr 7, 2010——
Apr 7, 2009——
Apr 7, 2008——
Apr 7, 2007——
Apr 7, 2006$97—
Apr 7, 2005——
Apr 7, 2004——
Apr 7, 2002——
Apr 7, 2001$26$202,500
Apr 7, 2000$27$184,300
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 13:33:49 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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