$579,500
Reduced $40,450 — was $619,950
508 Summit Lake Shore Drive
Olympia, WA 98502
Beds
3
Baths
2
Sq Ft
1,584
Lot
4.80 ac
Year built
2002
Type
Residential
Days listed
130
MLS #
2515045
About this home
Tucked away near Summit Lake, this private 4.8-acre retreat offers a rare blend of private recreational acreage near Olympia with turnkey updates and future-use flexibility. Surrounded by mature trees and natural beauty, the property invites you to slow down and enjoy your space—whether it’s sipping morning coffee on the deck, exploring your own wooded acreage, or planning future additions like a shop, garden, or trails. In addition to its serene setting, the land features marketable timber, offering potential monetary value and long-term resource appeal.Inside, the home has been thoughtfully updated with new laminate flooring, refreshed kitchen cabinetry with soft-close hardware, and stainless steel appliances, creating a clean, functional space ready for everyday living. Natural light fills the main floor, enhancing the home’s warm and welcoming atmosphere. Major improvements—including a 30-year roof, fresh exterior paint, and upgraded systems—provide peace of mind, while modern touches like EV charging readiness and custom closet organizers add convenience.With nearly 5 acres of land, a double-car garage, and ample room to expand, this property offers flexibility for hobbies, storage, or simply enjoying the privacy that’s increasingly hard to find. Located just minutes from Summit Lake and a short drive to town, this is a unique opportunity to own acreage with both lifestyle appeal and underlying land value. Experience the space, privacy, and potential this property has to
Interior features
Exterior features
Appliances
Schools
Elementary
Mclane Elem
Middle
Marshall Middle
High
Capital High
Property details
- Heating
- Forced Air
- Cooling
- None, See Remarks
- Flooring
- Laminate
- Parking
- Driveway, Attached Garage
- View
- Lake, Partial
- Lot
- Dirt Road, Open Space, Secluded, Value In Land
- Water source
- Shared Well
- Sewer
- Septic Tank
- Levels
- Two
Costs
- Price / sq ft
- $366
- Annual taxes
- $5,097 (2026)
Estimate your monthly payment
$3,355/mo
- Principal & interest
- $2,930
- Property taxes
- $425
Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.
Location
Olympia, WA 98502
Approximate location. Contact us to confirm the exact address.
Listing courtesy of FIRST AND MAIN— Daniel Buelt.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.
Interested in this home?
Request a private tour or ask a question — a local agent will respond personally.