A rare opportunity for car collectors, RV owners, boat enthusiasts, hobbyists, and anyone seeking exceptional garage and shop space. The massive lower-level garage is the centerpiece of this property, offering substantial room for vehicle collections, RV and boat storage, workshop use, equipment, projects, and extensive storage. With endless flexibility, the space can easily accommodate a home gym, recreation area, hobby studio, entertaining space, or the ultimate gathering spot for game days, projects, and special events. Whether you're restoring classic cars, pursuing hobbies, or simply need room for all your toys, this versatile space is increasingly difficult to find. Beyond the garage, enjoy exceptional privacy and peaceful country living just minutes from West Olympia. Located within a gated community of estate-style homes and positioned well beyond the entrance for added seclusion, the property offers a tranquil setting surrounded by nature. The remodeled upper level is designed for primarily one-level living and filled with abundant natural light. A spacious covered deck provides an inviting setting for relaxing or entertaining while enjoying territorial views and the surrounding landscape. A stair lift offers convenient access between levels and can assist with transporting items. Additional features include high-speed cable internet, abundant storage, limited traffic, and frequent wildlife sightings, creating an ideal blend of privacy, functionality and convenience.
Active
Listed by: Dove Realty, Inc.
Price cut: $5.9K (6/17)
$869,000
5020 Gold Ridge Lane, Olympia, WA 98512
3beds
2,124sqft
Single Family Residence
Built in 2006
5.47 Acres Lot
$856,800 Zestimate®
$409/sqft
$10/mo HOA
What's special
Primarily one-level livingVersatile spaceRemodeled upper levelMassive lower-level garageSpacious covered deckAbundant storage
- 71 days |
- 530 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Kyle Graham,
Dove Realty, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2507317
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Primary bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Dining room
- Level: Second
Entry hall
- Level: Garage
Great room
- Level: Second
Kitchen with eating space
- Level: Second
Utility room
- Level: Second
Heating
- Fireplace, 90%+ High Efficiency, Electric, Propane
Cooling
- 90%+ High Efficiency
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
Features
- Bath Off Primary, Central Vacuum, Ceiling Fan(s), Dining Room, High Tech Cabling, Pantry
- Flooring: Ceramic Tile, Laminate
- Doors: French Doors
- Windows: Dbl Pane/Storm Window
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas, Upper Level: 1, Fireplace
Interior area
- Total structure area: 2,124
- Total interior livable area: 2,124 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Driveway, Attached Garage, RV Parking
- Has attached garage: Yes
- Covered spaces: 6
Features
- Levels: Two
- Stories: 2
- Entry location: Garage
- Patio & porch: Bath Off Primary, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, High Tech Cabling, Pantry, Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s)
- Has view: Yes
- View description: Territorial
Lot
- Size: 5.47 Acres
- Features: Dead End Street, Paved, Cable TV, Deck, Gated Entry, High Speed Internet, Patio, Propane, RV Parking, Sprinkler System
- Topography: Level,Partial Slope,Steep Slope
- Residential vegetation: Garden Space, Wooded
Details
- Parcel number: 12831220102
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 2 Story
- Property subtype: Single Family Residence
Materials
- Cement Planked, Wood Siding, Cement Plank
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 2006
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: Septic
- Water: Individual Well, Company: Private Well
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Features: CCRs
- Subdivision: Black Lake
HOA
- Services included: Road Maintenance
- HOA fee: $10 monthly
Location
- Region: Olympia
Financial & listing details
- Price per square foot: $409/sqft
- Tax assessed value: $679,800
- Annual tax amount: $8,867
- Date on market: 4/15/2026
- Cumulative days on market: 72 days
- Listing terms: Conventional,FHA,State Bond,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$856,800
$814,000 - $900,000
$3,045/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Price change | $869,000-0.7%$409/sqft |
Source:  NWMLS as distributed by MLS GRID #2507317 Report a problem | ||
| 4/15/2026 | Listed for sale | $874,900+4.2%$412/sqft |
Source: NWMLS as distributed by MLS GRID #2507317 Report a problem | ||
| 10/22/2024 | Sold | $840,000-2.9%$395/sqft |
Source: NWMLS as distributed by MLS GRID #2277391 Report a problem | ||
| 10/8/2024 | Pending sale | $865,000$407/sqft |
Source: NWMLS as distributed by MLS GRID #2277391 Report a problem | ||
| 9/6/2024 | Contingent | $865,000$407/sqft |
Source: NWMLS as distributed by MLS GRID #2277391 Report a problem | ||
| 8/13/2024 | Listed for sale | $865,000+57.3%$407/sqft |
Source: NWMLS as distributed by MLS GRID #2277391 Report a problem | ||
| 1/14/2021 | Sold | $550,000$259/sqft |
Source: NWMLS as distributed by MLS GRID #1711075 Report a problem | ||
| 12/27/2020 | Pending sale | $550,000$259/sqft |
Source: RE/MAX Northwest Realtors #1711075 Report a problem | ||
| 12/21/2020 | Listed for sale | $550,000-57.7%$259/sqft |
Source: RE/MAX Northwest Realtors #1711075 Report a problem | ||
| 2/2/2019 | Listing removed | $1,300,000$612/sqft |
Source: RE/MAX Northwest Realtors #1385108 Report a problem | ||
| 11/13/2018 | Listed for sale | $1,300,000$612/sqft |
Source: RE/MAX Professionals #1385108 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,295 +7.3% | $679,800 +9.8% |
| 2023 | $6,796 +9.9% | $619,200 +9.2% |
| 2022 | $6,184 +6.9% | $566,900 +21.6% |
| 2021 | $5,784 +69.8% | $466,300 +89.9% |
| 2020 | $3,406 -49.4% | $245,500 -31.4% |
| 2019 | $6,729 +11% | $358,100 -31.6% |
| 2018 | $6,061 +3% | $523,800 +18.2% |
| 2017 | $5,882 | $443,050 +20.5% |
| 2016 | $5,882 | $367,650 -12.7% |
| 2014 | $5,882 | $421,100 -1.2% |
| 2013 | -- | $426,100 |
| 2012 | $3,893 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: 98512
Nearby schools
GreatSchools rating
- 5/10Black Lake Elementary SchoolGrades: K-5Distance: 1.9 mi
- 8/10Tumwater Middle SchoolGrades: 6-8Distance: 3.2 mi
- 8/10A G West Black Hills High SchoolGrades: 9-12Distance: 2.9 mi
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.
- Washington
- Thurston County
- Olympia
- 98512
- 5020 Gold Ridge Lane
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