Sold643d on market
501 Summit Lake Shore Road NW
Olympia, WA, 98502 • 98502 • Thurston County
$1,399,000
$389/sqft
3Beds
3Baths
3,592Sqft
1.3 acLot
1994Built
Property DNA
Waterfront Property
Lake, No Bank
Scenic Views
Lake · Territorial
Summit Lake
98502
Outdoor Living
Hardwood · Wall to Wall Carpet · Laminate Hardwood · Wired for Generator · Bath Off Primary · Double Pane/Storm Window · Dining Room · French Doors · Skylight(s) · Walk-In Closet(s) · Fireplace
1 Fireplace
Wood Burning · Lower Level: 1 · Fireplace
3-Car Garage
RV Parking · Detached Garage
Hardwood Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
9 views
People checking out this listing
643 days on market
Established listing
$389/sqft
Price per square foot
About this home
Single Family · Built 1994
Be ready for Spring & Summer 2024 - Move in and get settled & ENJOY Resort Living on Summit Lake! Custom home w/3592 Sq Ft, 3 beds, 2.5 baths nestled on 1.27 acres. Gated PAVED Driveway & 3 decks w/full waterfront view. Main floor has spectacular Chef's kitchen w/2 eating areas, built-in fridge, huge butcher block island. Eating nook's french doors lead to upper deck overlooking the park setting, huge Trex L-shaped dock & boat lift. Main floor Gorgeous Primary suite complete w/sitting area to enjoy the lake view. 5 piece primary bath w/heated floors, walk-in shower, claw foot tub & big walk-in closet. A/C comfort. Private well. HUGE 3 car garage w/extra shop & 1,100 sq ft bonus room. Fish cleaning table w/running water on dock.
Standout features identified
Our analysis highlights full waterfront view, extra shop, and boat lift as key attractions of this home.
Estimated monthly payment
Based on current rates
$8,711/month
Principal & Interest$6,846
Property Tax$1,399
Insurance$466
Down payment20% ($279,800)
3%50%
Est. 6.19% rate · 30yr fixed · $1,119,200 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1994
HeatingFireplace, Forced Air, Stove/Free Standing, Electric, Propane, Wood
Parking3 Garage spaces
Lot1.27 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
ConditionVery Good
Year built1994
Stories1
Systems
HeatingFireplace, Forced Air, Stove/Free Standing, Electric, Propane, Wood
RoofComposition
ConstructionWood Siding
Water / SewerIndividual Well, Company: Individual Well / Septic Tank, Company: Septic
Parking & Outdoor
ParkingRV Parking, Detached Garage
Garage3 spaces
BasementFinished
Fireplaces1
Lot1.27 Acres
Location & Tax
Neighborhood98502
Annual tax$12,309
Parcel77200000100
Bathrooms & Fees
Full baths2
Features & details
14 categories of property features
Interior Features
Interior
Bath Off Primary
Dining Room
Appliances
Dishwashers_
Microwaves_
Refrigerators_
StovesRanges_
Dishwasher(s)
Microwave(s)
Refrigerator(s)
Stove(s)/Range(s)
Flooring
Hardwood
Laminate
Vinyl Plank
Carpet
Heating
Fireplace
Forced Air
Stove/Free Standing
Electric
Propane
Wood
Fireplace
Wood Burning
Lower Level: 1
Fireplace
Windows
Double Pane/Storm Window
Skylight(s)
Exterior Features
Parking
RV Parking
Detached Garage
Construction
Wood Siding
Patio & Porch
Hardwood
Wall to Wall Carpet
Laminate Hardwood
Wired for Generator
Bath Off Primary
Double Pane/Storm Window
Dining Room
French Doors
Skylight(s)
Walk-In Closet(s)
Fireplace
Lot Features
Paved
Cable TV
Deck
Dock
Fenced-Partially
Gated Entry
High Speed Internet
Irrigation
Outbuildings
Patio
Propane
RV Parking
Sprinkler System
Community
Athletic Court
Clubhouse
Playground
Trail(s)
Views
Lake
Territorial
Utilities
Xfinity
Other Equipment
Wired for Generator
Room details
15 rooms detailed
Master Bedroom
MainBedroom
LowerBedroom
LowerBathroom Full
MainBathroom Full
LowerOther
LowerListing insights
Market data and value estimates
StatusSold
Days on market643
Est. value$1,403,600
Est. rent$3,195/mo
Tax rate0.81%
Price/sqft$389
On marketJun 6, 2024
PostedFeb 26, 2024
Last sold$1,399,000
MLS statusSold
MLS updatedJul 2, 2024
Tour days6
Views9
How are the schools in Olympia?
3 schools rated nearby
Location
Olympia, WA, 98502
Price history
17 events
DateEventPrice$/sqftSource
Jul 2, 2024Sold$1,399,000$389NWMLS as distributed by MLS GRID
Apr 10, 2024Pending Sale$1,499,999$418NWMLS as distributed by MLS GRID
Mar 20, 2024Listed For Sale$1,499,999$418NWMLS as distributed by MLS GRID
Mar 3, 2024Pending Sale$1,499,999$418NWMLS as distributed by MLS GRID
Feb 26, 2024Listed For Sale$1,499,999$418NWMLS as distributed by MLS GRID
Oct 8, 2023Listing Removed——FSBO-Online.com
Jul 10, 2023Listed For Sale$1,650,000$459FSBO-Online.com
Jun 12, 2015Sold$624,950$174NWMLS as distributed by MLS GRID
Apr 27, 2015Pending Sale$629,950$175Asset Realty Group
Feb 22, 2015Price Change$629,950$175Asset Realty Group
Jan 13, 2015Listed For Sale$649,950$181Asset Realty Group
Nov 11, 2014Listing Removed$659,950$184Windermere Real Estate/West Campus, Inc.
Oct 1, 2014Price Change$659,950$184Windermere Real Estate/West Campus, Inc.
Aug 1, 2014Price Change$679,900$189Windermere Real Estate/West Campus, Inc.
May 4, 2014Listed For Sale$695,000$193Owner
Jan 25, 2014Listing Removed$695,000$193Coldwell Banker Evergreen Olympic Realty, Inc.
Jul 17, 2013Listed For Sale$695,000$193Coldwell Banker Evergreen Olympic Realty, Inc.
Sold$1,399,000
Jul 2, 2024•$389/sqft•NWMLS as distributed by MLS GRID
Pending Sale$1,499,999
Apr 10, 2024•$418/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,499,999
Mar 20, 2024•$418/sqft•NWMLS as distributed by MLS GRID
Pending Sale$1,499,999
Mar 3, 2024•$418/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,499,999
Feb 26, 2024•$418/sqft•NWMLS as distributed by MLS GRID
Listing Removed—
Oct 8, 2023•FSBO-Online.com
Listed For Sale$1,650,000
Jul 10, 2023•$459/sqft•FSBO-Online.com
Sold$624,950
Jun 12, 2015•$174/sqft•NWMLS as distributed by MLS GRID
Pending Sale$629,950
Apr 27, 2015•$175/sqft•Asset Realty Group
Price Change$629,950
Feb 22, 2015•$175/sqft•Asset Realty Group
Listed For Sale$649,950
Jan 13, 2015•$181/sqft•Asset Realty Group
Listing Removed$659,950
Nov 11, 2014•$184/sqft•Windermere Real Estate/West Campus, Inc.
Price Change$659,950
Oct 1, 2014•$184/sqft•Windermere Real Estate/West Campus, Inc.
Price Change$679,900
Aug 1, 2014•$189/sqft•Windermere Real Estate/West Campus, Inc.
Listed For Sale$695,000
May 4, 2014•$193/sqft•Owner
Listing Removed$695,000
Jan 25, 2014•$193/sqft•Coldwell Banker Evergreen Olympic Realty, Inc.
Listed For Sale$695,000
Jul 17, 2013•$193/sqft•Coldwell Banker Evergreen Olympic Realty, Inc.
Tax history
23 years of records
YearTax paidAssessed value
Apr 7, 2024$14,308$1,306,200
Apr 7, 2023$14,496$1,312,800
Apr 7, 2022$12,309$1,133,400
Apr 7, 2021$10,583$852,100
Apr 7, 2020$9,294$679,600
Apr 7, 2019$8,346$705,800
Apr 7, 2018$9,238$676,900
Apr 7, 2017$8,326$603,600
Apr 7, 2016$8,326$675,900
Apr 7, 2014$8,326$621,000
Apr 7, 2013—$582,700
Apr 7, 2012$8,623—
Apr 7, 2011——
Apr 7, 2010——
Apr 7, 2009$8,500—
Apr 7, 2008——
Apr 7, 2007$7,347—
Apr 7, 2006$9,128—
Apr 7, 2005$5,927—
Apr 7, 2004——
Apr 7, 2002——
Apr 7, 2001$5,006$313,650
Apr 7, 2000$4,831$302,600
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 05:03:31 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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