About this home

Opportunity abounds on this huge 3/4-acre high bank lakefront property in the historic Capitol Lake Neighborhood! With a spacious existing home and the potential for big lake views, it’s brimming with possibilities for sweat equity or a fresh start. Add your own renovations to the home’s original 1937 charm, which includes period details like exposed timber beams, wood paneling, hardwood floors, and a masonry fireplace. Perched above a private trail down to the lake, it’s perfectly positioned to take advantage of the scenery. OR bring your contractor and design the lake view home of your dreams. Either way, you’ll benefit from the $400million Capitol Lake restoration project currently underway. You’ll also reap the rewards of a fabulous location in one of Olympia’s nicest neighborhoods, just minutes to the Capitol Building, downtown Olympia, downtown Tumwater, and freeway access. Location, lakefront, and a lovely setting...all this property needs is your vision.

Interior features

Exterior features

Appliances

Schools

Property details

Heating

Forced Air

Cooling

None

Flooring

Hardwood, Laminate, Vinyl, Carpet

Parking

Driveway, RV Parking

View

Lake, Territorial

Lot

Dead End Street, Paved, Sidewalk, Value In Land

Water source

Public

Sewer

Sewer Connected

Style

Traditional

Levels

One and One Half

Fireplaces

1

Costs

Price / sq ft

$211

Annual taxes

$590 (2026)

Location

Olympia, WA 98501