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Pending inspection
  • Listed by: Morrison House Sotheby's Intl • Courtney K. Drennon
    $479,950

    5003 Thompson Lane SE, Olympia, WA 98513

    1beds
    792sqft
    : 
    $3,223/mo
    Get pre-qualified
    Single Family Residence
    Built in 1947
    0.28 Acres Lot
    $477,700 Zestimate®
    $606/sqft
    $-- HOA

    What's special

    Newer dockGenerous storageNewer vinyl windowsExpansive multi-level decking
    Charming waterfront cabin set near the water’s edge on Lake St. Clair. Situated along the lake’s no wake zone section, the setting is ideal for swimming, fishing, paddling and enjoying the water at a quieter pace. Just across the lake, tree-covered Dollar Island creates a private and tranquil backdrop with quintessential Pacific Northwest views. Filled with character, this inviting 1 bedroom, 1 bath retreat features a spacious great room with a propane fireplace and a wall of windows framing the lake. The remodeled bath showcases a stylish tiled shower. A separate storage building offers exceptional flexibility, with 2 storage rooms, plenty of room for paddleboards, kayaks and other water toys, plus heated space above that could serve as overflow sleeping quarters, a game room or home office. Newer dock, newer vinyl windows, expansive multi-level decking and generous storage complete this special lakeside getaway. There is no better place to enjoy warm summers and cozy colder weather. A truly peaceful place to enjoy all the seasons for all lifestyles.
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Courtney K. Drennon,

    Morrison House Sotheby's Intl

    Source: NWMLS as distributed by MLS GRID,MLS#: 2584619MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • 3/4 bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Bedroom
      • Level: Main
      Bathroom three quarter
      • Level: Main
      Dining room
      • Level: Main
      Entry hall
      • Level: Main
      Kitchen with eating space
      • Level: Main
      Living room
      • Level: Main
      Heating
      • Fireplace, Baseboard, Wall Furnace, Electric, Propane
      Cooling
      • None
      Appliances
      • Included: Refrigerator, Stove(s)/Range(s), Refrigerator(s), Water Heater: Electric, Water Heater Location: Bedroom
      Features
      • Ceiling Fan(s), Dining Room
      • Flooring: Ceramic Tile, Laminate, Vinyl
      • Windows: Dbl Pane/Storm Window
      • Basement: None
      • Number of fireplaces: 1
      • Fireplace features: Gas, Main Level: 1, Fireplace
      Interior area
      • Total structure area: 792
      • Total interior livable area: 792 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, Off Street
      • Uncovered spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Main
      • Patio & porch: Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Water Heater
      • Has view: Yes
      • View description: Lake, Territorial
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: No Bank
      • Frontage length: Waterfront Ft: 100
      Lot
      • Size: 0.28 Acres
      • Features: Cul-De-Sac, Dead End Street, Paved, Cable TV, Deck, Dock, Outbuildings, Patio, Propane
      • Topography: Level,Partial Slope
      Details
      • Parcel number: 58300003300
      • Zoning: SFR
      • Zoning description: Jurisdiction: County
      • Special conditions: Standard
      • Other equipment: Leased Equipment: Propane Tank

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: 1 Story
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding
      • Foundation: Block
      • Roof: Composition
      Condition
      • Year built: 1947
      • Major remodel year: 1985

      Utilities & green energy

      • Electric: Company: PSE
      • Sewer: Septic Tank, Company: Septic
      • Water: Community, Shared Well, Company: NW Water Systems

      Community & HOA

      Community
      • Features: Boat Launch
      • Subdivision: Lake St Clair
      Location
      • Region: Olympia

      Financial & listing details

      • Price per square foot: $606/sqft
      • Tax assessed value: $422,800
      • Annual tax amount: $4,483
      • Date on market: 9/18/2026
      • Listing terms: Conventional,FHA,VA Loan
      • Inclusions: Leased Equipment, Refrigerator(s), Stove(s)/Range(s)

        Estimated market value

        $477,700

        $454,000 - $502,000

        $1,683/mo

        Price history

        DateEventPrice
        9/25/2026Pending sale$479,950$606/sqft
        Source: NWMLS as distributed by MLS GRID #2584619 Report a problem
        9/19/2026Listed for sale$479,950-41.8%$606/sqft
        Source: NWMLS as distributed by MLS GRID #2584619 Report a problem
        9/19/2019Listing removed$825,000$1,042/sqft
        Source: Morrison House Sotheby's International Realty #1486811 Report a problem
        7/9/2019Listed for sale$825,000-4.6%$1,042/sqft
        Source: Morrison House Sotheby's Intl #1486811 Report a problem
        10/13/2018Listing removed$865,000$1,092/sqft
        Source: Virgil Adams Real Estate, Inc. #1099384 Report a problem
        1/28/2018Price change$865,000-8.9%$1,092/sqft
        Source: Virgil Adams Real Estate, Inc. #1099384 Report a problem
        4/9/2017Listed for sale$950,000+207.9%$1,199/sqft
        Source: Virgil Adams Real Estate #1099384 Report a problem
        4/12/2007Sold$308,500$390/sqft
        Source: NWMLS as distributed by MLS GRID #27041406 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,483 +10.1%$422,800 +10.6%
        2024$4,073 +13%$382,400 +4.4%
        2023$3,604 +15.7%$366,300 +17.2%
        2022$3,114 -6.1%$312,500 +13.3%
        2021$3,318 +25.1%$275,800 +35.2%
        2020$2,653 +48%$204,000 +28%
        2019$1,793 -15%$159,400 +4%
        2018$2,110 +14.7%$153,200 +24.9%
        2017$1,839 $122,650 +0.5%
        2016$1,839 $122,000 -2.6%
        2014$1,839 $125,250
        2011-- --
        2009$1,750 --
        2008-- --
        2007$2,378 -18.6%--
        2006$2,921 +45.7%--
        2005$2,004 --
        2004-- --
        2002-- --
        2001$1,381 -2%$85,400
        2000$1,410 $85,400
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        Climate risks

        Neighborhood: 98513

        Getting around

        0 / 100
        Car-Dependent
        17 / 100
        Minimal Transit
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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