Discover this beautifully restored and maintained home nestled in the vibrant heart of Olympia's Capitol Campus neighborhood. Offering a perfect blend of classic charm and modern updates, this residence features spacious living areas, a stylish kitchen with stainless steel appliances, granite countertops, and custom cabinetry. The inviting outdoor spaces are ideal for entertaining and boasts views of Capitol Lake. The wood burning fireplace and dining area all soak in views of the lake. Each of the 3 bedrooms offer space, views and designer touches. The large home office is perfect for a career or your favorite hobby. Enjoy proximity to local parks, cultural attractions, cafes, and the bustling downtown scene—all just moments away. Whether you're seeking a peaceful retreat or a lively community lifestyle, 1923 Water Street presents an exceptional opportunity in one of Olympia’s most desirable neighborhoods. Don’t miss your chance to call this lovely property home!
Sold
Listed by: BHGRE - Northwest Home Team
Bought with: Coldwell Banker Evergreen
$1,625,000
1923 Water Street SW, Olympia, WA 98501
6beds
3,791sqft
Single Family Residence
Built in 1912
1.2 Acres Lot
$1,624,200 Zestimate®
$429/sqft
$4,520 Estimated rent
Home value
$1,624,200
$1.51M - $1.75M
$4,520/mo
Zestimate® history
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List your homeWhat's special
Wood burning fireplaceStylish kitchenLarge home officeViews of capitol lakeCustom cabinetryStainless steel appliancesGranite countertops
Zillow last checked:
Listing updated:
Listed by:
Abigail Mondau,
BHGRE - Northwest Home Team
Bought with:
Madison Del Vigo, 127542
Coldwell Banker Evergreen
Source: NWMLS as distributed by MLS GRID,MLS#: 2506947
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 2
- 3/4 bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Second
Bedroom
- Level: Third
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Lower
Bathroom full
- Level: Second
Bathroom three quarter
- Level: Second
Bathroom three quarter
- Level: Lower
Bathroom three quarter
- Level: Main
Other
- Level: Third
Bonus room
- Level: Third
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Lower
Heating
- Fireplace, 90%+ High Efficiency, Forced Air, Heat Pump, Electric, Natural Gas, Wood
Cooling
- 90%+ High Efficiency, Forced Air, Heat Pump
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Tankless Water Heater, Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s), Water Heater: gas, Water Heater Location: basement
Features
- Dining Room, Loft
- Flooring: Bamboo/Cork, Ceramic Tile, Hardwood
- Doors: French Doors
- Windows: Dbl Pane/Storm Window
- Basement: Daylight,Finished
- Number of fireplaces: 2
- Fireplace features: Wood Burning, Main Level: 1, Upper Level: 1, Fireplace
Interior area
- Total structure area: 3,791
- Total interior livable area: 3,791 sqft
Property
Parking
- Total spaces: 4
- Parking features: Detached Garage
- Has garage: Yes
- Covered spaces: 2
- Uncovered spaces: 2
Features
- Entry location: Main
- Patio & porch: Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Hot Tub/Spa, Loft, Walk-In Closet(s), Water Heater
- Has spa: Yes
- Spa features: Indoor
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Low Bank, Medium Bank, Lake
- Frontage length: Waterfront Ft: 96
Lot
- Size: 1.20 Acres
- Dimensions: 96 x 717
- Features: Sidewalk, Deck, Dog Run, Electric Car Charging, Fenced-Partially, Gas Available, High Speed Internet, Hot Tub/Spa, Patio
- Topography: Level,Partial Slope,Steep Slope,Terraces
- Residential vegetation: Fruit Trees, Garden Space, Wooded
Details
- Additional structures: ADU Beds: 1, ADU Baths: 1
- Parcel number: 60500201000
- Zoning: R-6-12
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman,3 Story w/Bsmt
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Very Good
- Year built: 1912
- Major remodel year: 1974
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Olympia
- Water: Public, Company: City of Olympia
- Utilities for property: Xfinity, Xfinty
Community & neighborhood
Location
- Region: Olympia
- Subdivision: Capital Campus
Other
Other facts
- Listing terms: Conventional,FHA,VA Loan
- Cumulative days on market: 4 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Sold | $1,625,000+1.6%$429/sqft |
Source:  NWMLS as distributed by MLS GRID #2506947 Report a problem | ||
| 4/17/2026 | Pending sale | $1,600,000$422/sqft |
Source: NWMLS as distributed by MLS GRID #2506947 Report a problem | ||
| 4/14/2026 | Listed for sale | $1,600,000+190.9%$422/sqft |
Source: NWMLS as distributed by MLS GRID #2506947 Report a problem | ||
| 7/15/2009 | Sold | $550,000+103.7%$145/sqft |
Source: Public Record Report a problem | ||
| 6/3/1997 | Sold | $270,000$71/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,138 +0.8% | $968,000 +0.6% |
| 2023 | $10,055 -2.9% | $962,100 -7.4% |
| 2022 | $10,354 -6.2% | $1,038,800 +12.4% |
| 2021 | $11,037 +11.5% | $924,600 +20.5% |
| 2020 | $9,896 +8.8% | $767,200 -4.4% |
| 2019 | $9,094 -2.1% | $802,200 +8.3% |
| 2018 | $9,285 +14.6% | $740,800 +4.2% |
| 2017 | $8,104 | $710,850 +6.9% |
| 2016 | $8,104 | $664,850 +2.5% |
| 2014 | $8,104 | $648,850 +6.5% |
| 2013 | -- | $609,150 |
| 2012 | $7,677 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $5,514 -3.3% | -- |
| 2007 | $5,700 -29.7% | -- |
| 2006 | $8,112 +59.8% | -- |
| 2005 | $5,075 | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
| 2001 | $3,605 -0.5% | $231,800 |
| 2000 | $3,621 | $231,800 |
Find assessor info on the county website
Neighborhood: South Captol
Nearby schools
GreatSchools rating
- 7/10Lincoln Elementary SchoolGrades: K-5Distance: 0.3 mi
- 8/10Washington Middle SchoolGrades: 6-8Distance: 1.9 mi
- 9/10Olympia High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Lincoln Elementary
- Middle: Wash Mid
- High: Olympia High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,624,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,624,200
- Washington
- Thurston County
- Olympia
- 98501
- South Captol
- 1923 Water Street SW
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