Incredible waterfront opportunity on Summit Lake—rare 2.6 acres across two parcels, formerly a lakeside resort! Five homes offer flexible living or rental potential: a beautifully updated main home w/ new carpet, paint, LVP flooring, a large deck, garage, & stunning lake and territorial views, plus a cute attached studio apartment. A separate 1-bedroom home with 2nd story deck also enjoys a lake view, & two additional cabins complete the setting. Dock with room for multiple boats, greenhouse & storage shed. Rare chance for gatherings, multi-gen living, investment (excellent rental history), or private retreat w/ lake access and unmatched lake and territorial scenery. One of the few with well water on the lake. Just minutes from Olympia.
Active
Listed by:
Bruce Batson,
Coldwell Banker Evergreen
$1,610,000
401 Summit Lake Shore Road NW, Olympia, WA 98502
7beds
3,333sqft
Est.:
Condominium
Built in 1966
-- sqft lot
$-- Zestimate®
$483/sqft
$1/mo HOA
What's special
Lake viewCute attached studio apartmentLarge deckWaterfront opportunityLake accessLvp flooringBeautifully updated main home
- 58 days
- on Zillow |
- 636 |
- 19 |
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 07:24pm
Listed by:
Bruce Batson,
Coldwell Banker Evergreen
Source: NWMLS,MLS#: 2391482

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 11
- Full bathrooms: 1
- 3/4 bathrooms: 5
- Main level bathrooms: 6
- Main level bedrooms: 4
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom three quarter
- Level: Main
Bathroom three quarter
- Level: Main
Bathroom three quarter
- Level: Main
Bathroom three quarter
- Level: Main
Bathroom three quarter
- Level: Main
Bathroom full
- Level: Main
Heating
- Baseboard, Ductless, Electric, Propane
Cooling
- Ductless
Appliances
- Included: Refrigerator(s), See Remarks, Stove(s)/Range(s), Water Heater: Electric, Water Heater Location: Utility, Cooking - Electric Hookup, Cooking-Gas, Cooking-Electric
- Laundry: Common Area
Features
- Flooring: Vinyl, Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 2,069
- Total interior livable area: 3,333 sqft
Property
Parking
- Total spaces: 2
- Parking features: Individual Garage, Off Street, Uncovered
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Cooking-Electric, Cooking-Gas, Ground Floor, Water Heater
- Has view: Yes
- View description: Lake, See Remarks, Territorial
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake, No Bank
Lot
- Size: 2.63 Acres
- Features: Open Lot, Paved
Details
- Additional structures: ADU Beds: 1, ADU Baths: 1
- Parcel number: 86010000200
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Wood Siding
- Roof: Composition
Condition
- Year built: 1966
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Company: Septic
- Water: Company: Well
Community & HOA
Community
- Features: Dock, Garden Space, Moorage, See Remarks
- Subdivision: Summit Lake
HOA
- Services included: Common Area Maintenance
- HOA fee: Has HOA fee
Location
- Region: Olympia
Financial & listing details
- Price per square foot: $483/sqft
- Tax assessed value: $1,254,600
- Annual tax amount: $12,517
- Date on market: 6/11/2025
- Listing terms: Cash Out,Conventional,See Remarks
- Inclusions: Refrigerator(s), See Remarks, Stove(s)/Range(s)
- Total actual rent: 10415
- Cumulative days on market: 59 days
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