Built in 2021, this 2,775 sq ft Summit Lake waterfront home combines modern design, quality craftsmanship, and an exceptional setting on one of Thurston County's most sought after lakes. Enjoy approximately 50 feet of waterfront with easy access for boating, paddleboarding, fishing, swimming, or simply taking in the peaceful surroundings from your own shoreline. Large windows fill the home with natural light while capturing beautiful lake views, and the open layout creates inviting spaces for everyday living and entertaining. The kitchen serves as the heart of the home with premium finishes, generous workspace, and seamless flow into the dining and living areas. The home features three bedrooms plus flexible living space, including a bonus room and a dedicated home gym that could also serve as an office, media room, or hobby space. Septic system is approved for three bedrooms. Included in the sale is the 1.04 acre parcel directly across the street at 1324 Summit Lake Shore Rd NW, featuring two detached garages of approximately 400 sq ft each, a sport court, and a pump house for the private well. Store boats, vehicles, recreational equipment, or create the workshop you've always wanted while keeping the waterfront parcel focused on relaxation and lake living. This unique two parcel property provides the flexibility, storage, and recreation space that is difficult to find on the lake.
Pending
Listed by: Coldwell Banker Evergreen • Hunter Sipe
$1,525,000
1325 Summit Lake Shore Rd NW, Olympia, WA 98502
3beds
2,755sqft
:
Get pre-qualified$9,035/mo
Single Family Residence
Built in 2021
1.19 Acres Lot
$1,502,000 Zestimate®
$554/sqft
$-- HOA
What's special
Modern designQuality craftsmanshipBonus roomDedicated home gymSport courtCapturing beautiful lake views
- 27 days |
- 1,328 |
- 65 |
Zillow last checked:
Listing updated:
Offers reviewed: Jul 27
Listed by:
Hunter Sipe,
Coldwell Banker Evergreen
Source: NWMLS as distributed by MLS GRID,MLS#: 2555347
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 1
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Level: Main
Bedroom
- Level: Second
Bedroom
- Level: Second
Bathroom full
- Level: Second
Bathroom three quarter
- Level: Lower
Bathroom three quarter
- Level: Main
Other
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Lower
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Heat Pump, Electric, Propane
Cooling
- Ductless, Heat Pump
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s)
Features
- Bath Off Primary, Ceiling Fan(s), Pantry
- Flooring: Ceramic Tile, Laminate, Carpet
- Windows: Dbl Pane/Storm Window
- Basement: Daylight,Finished
- Number of fireplaces: 1
- Fireplace features: Electric, Gas, Lower Level: 1, Fireplace
Interior area
- Total structure area: 2,755
- Total interior livable area: 2,755 sqft
Property
Parking
- Total spaces: 6
- Parking features: Attached Carport, Driveway, Detached Garage
- Has garage: Yes
- Has carport: Yes
- Covered spaces: 6
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Fireplace, Hot Tub/Spa, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Wine/Beverage Refrigerator
- Has spa: Yes
- Spa features: Indoor
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake
- Frontage length: Waterfront Ft: 50
Lot
- Size: 1.19 Acres
- Features: Paved, Athletic Court, Deck, Dock, Fenced-Partially, High Speed Internet, Hot Tub/Spa, Outbuildings, Patio, Propane
- Topography: Level
Details
- Parcel number: 77100011300
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 2 Stories w/Bsmnt
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 2021
- Major remodel year: 2021
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: Septic
- Water: Individual Well, Lake, Company: Lake
Community & HOA
Community
- Features: Athletic Court, Boat Launch, Trail(s)
- Subdivision: Summit Lake
Location
- Region: Olympia
Financial & listing details
- Price per square foot: $554/sqft
- Tax assessed value: $1,079,500
- Annual tax amount: $11,401
- Offers reviewed: 07/27/2026
- Date on market: 7/29/2026
- Cumulative days on market: 15 days
- Listing terms: Conventional,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$1,502,000
$1.43M - $1.58M
$4,317/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2026 | Pending sale | $1,525,000$554/sqft |
Source:  NWMLS as distributed by MLS GRID #2555347 Report a problem | ||
| 7/16/2026 | Listed for sale | $1,525,000+435.1%$554/sqft |
Source: NWMLS as distributed by MLS GRID #2555347 Report a problem | ||
| 5/28/2020 | Sold | $285,000+42.5%$103/sqft |
Source: NWMLS as distributed by MLS GRID #1594217 Report a problem | ||
| 4/29/2020 | Pending sale | $199,950$73/sqft |
Source: Northwest Home Team Realty #1594217 Report a problem | ||
| 4/27/2020 | Listed for sale | $199,950$73/sqft |
Source: Northwest Home Team Realty #1594217 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,299 +22% | $1,079,500 +20.6% |
| 2023 | $7,622 +6.3% | $894,900 +8% |
| 2022 | $7,168 +86.7% | $828,900 +112.6% |
| 2021 | $3,839 +131.2% | $389,800 +154.6% |
| 2020 | $1,660 -8.6% | $153,100 -5.2% |
| 2019 | $1,816 +0.5% | $161,500 -0.5% |
| 2018 | $1,807 -10.5% | $162,300 -15.6% |
| 2017 | $2,019 | $192,400 +15.8% |
| 2016 | $2,019 | $166,100 +0.1% |
| 2014 | $2,019 | $166,000 +1.2% |
| 2013 | -- | $164,000 |
| 2012 | $2,134 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $2,359 | -- |
| 2008 | -- | -- |
| 2007 | $1,946 +0.1% | -- |
| 2006 | $1,945 -38.2% | -- |
| 2005 | $3,146 | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
| 2001 | $999 -0.4% | $77,900 +2.4% |
| 2000 | $1,003 | $76,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98502
Nearby schools
GreatSchools rating
- 8/10Griffin SchoolGrades: PK-8Distance: 3.4 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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