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  • Listed by: RE/MAX Town Center • Hailu Liu
    $1,180,000

    3607 Walthew Drive SE, Olympia, WA 98503

    4beds
    4,208sqft
    : 
    $7,070/mo
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    Single Family Residence
    Built in 1994
    0.55 Acres Lot
    $1,151,000 Zestimate®
    $280/sqft
    $-- HOA

    What's special

    Well-equipped updated kitchenLarge rec roomPrivate floating dockWraparound deckXl lake-view primary suiteNew furnaceSw exposure
    Own a piece of paradise on Beautiful LONG LAKE! Priced under assessed value~ An exceptional value for waterfront living! Whether your new vacation spot, main residence or as an income producing Air BNB, everyone will enjoy life to the fullest on this hard-to-find RECREATIONAL lake that allows motorized crafts. Live life large in this 4,208-sf bright & airy home with SW exposure, a wraparound deck, vaulted ceilings, A/C, a newer roof, a new 70-gallon water heater, and a new furnace. Featuring 4 bedrooms, including an XL lake-view primary suite, 3.5 baths, an office, and a well-equipped updated kitchen. Ideal for guests or an AirBNB the daylight basement has a private entrance & deck, large Rec Room, Bonus room (currently set up as a bedroom), full bath & plumbed for 2nd Kitchen. Enjoy 61' of no-bank waterfront with a private floating dock, all set on an expansive lot surrounded by natural beauty. The ½-acre landscaped lot showcases 6 mature fruit trees & large variety of colorful flowers. Near I-5, Costco, Home Depot, restaurants, and grocery. Come enjoy your life—fishing, swimming, boating, jet skis, annual 4th of July fireworks on the lake, and the Polar Bear plunge in winter. Trade the rush of everyday life for the peace and serenity of this waterfront escape.
    63 days
    |
    908
    |
    42
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Hailu Liu,

    RE/MAX Town Center,

    Alana Appleton,

    RE/MAX Town Center

    Source: NWMLS as distributed by MLS GRID,MLS#: 2534372MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Primary bedroom
      • Level: Second
      Bedroom
      • Level: Second
      Bedroom
      • Level: Second
      Bedroom
      • Level: Second
      Bathroom full
      • Level: Second
      Bathroom full
      • Level: Second
      Bathroom full
      • Level: Lower
      Other
      • Level: Lower
      Other
      • Level: Main
      Bonus room
      • Level: Lower
      Den office
      • Level: Main
      Dining room
      • Level: Main
      Entry hall
      • Level: Main
      Great room
      • Level: Main
      Kitchen with eating space
      • Level: Main
      Living room
      • Level: Main
      Rec room
      • Level: Lower
      Utility room
      • Level: Second
      Heating
      • Fireplace, Forced Air, Electric, Natural Gas
      Cooling
      • Heat Pump
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, See Remarks, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s), Water Heater: Gas, Water Heater Location: Garage
      Features
      • Bath Off Primary, Ceiling Fan(s), Dining Room
      • Flooring: Bamboo/Cork, Laminate, Vinyl, Carpet
      • Doors: French Doors
      • Windows: Dbl Pane/Storm Window, Skylight(s)
      • Basement: Daylight,Finished
      • Number of fireplaces: 2
      • Fireplace features: Gas, Lower Level: 1, Main Level: 1, Fireplace
      Interior area
      • Total structure area: 4,208
      • Total interior livable area: 4,208 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 6
      • Parking features: Driveway, Attached Garage
      • Has attached garage: Yes
      • Covered spaces: 2
      • Uncovered spaces: 4
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Main
      • Patio & porch: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Jetted Tub, Security System, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wired for Generator
      • Spa features: Bath
      • Has view: Yes
      • View description: Lake, Territorial
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake, No Bank
      • Frontage length: Waterfront Ft: 61
      Lot
      • Size: 0.55 Acres
      • Features: Dead End Street, Cable TV, Deck, Dock, Fenced-Partially, Gas Available, High Speed Internet, Moorage, Patio
      • Topography: Level,Sloped,Terraces
      • Residential vegetation: Fruit Trees, Garden Space
      Details
      • Parcel number: 59600201003
      • Special conditions: Standard
      • Other equipment: Wired for Generator

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional,2 Stories w/Bsmnt
      • Property subtype: Single Family Residence
      Materials
      • Cement Planked, Cement Plank
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Good
      • Year built: 1994
      • Major remodel year: 1994

      Utilities & green energy

      • Electric: Company: PSE
      • Sewer: Septic Tank, Company: Septic
      • Water: Public, Company: City of Lacey

      Community & HOA

      Community
      • Security: Security System
      • Subdivision: Long Lake East
      Location
      • Region: Lacey

      Financial & listing details

      • Price per square foot: $280/sqft
      • Annual tax amount: $12,900
      • Date on market: 6/5/2026
      • Cumulative days on market: 64 days
      • Listing terms: Conventional
      • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), See Remarks, Stove(s)/Range(s), Washer(s)

        Estimated market value

        $1,151,000

        $1.09M - $1.21M

        $4,176/mo

        Price history

        DateEventPrice
        6/5/2026Listed for sale$1,180,000$280/sqft
        Source: NWMLS as distributed by MLS GRID #2534372 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 98503

        Getting around

        4 / 100
        Car-Dependent
        27 / 100
        Some Transit
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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