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  • Listed by: 

    Bruce Batson,

    Coldwell Banker Evergreen

    $1,610,000

    401 Summit Lake Shore Road NW, Olympia, WA 98502

    7beds
    3,333sqft
    : 
    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
    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.
    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#: 2391482MLS Logo
    Travel times

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    Next available tour time:Today at 3pm

    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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