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Listed by: MVP Realty Group • Marti Baker
Price cut: $25.5K (6/8)
$974,500

5410 Klipsun Lane SW, Olympia, WA 98512

3beds
3,696sqft
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Single Family Residence
Built in 2002
1.02 Acres Lot
$964,500 Zestimate®
$264/sqft
$200/mo HOA

What's special

Immaculate hardwood floorsDedicated officeSoaring ceilingsPrivate primary suite wingLarge walk-in closetLarge laundry roomDouble ovens
Tucked away in a quiet Black Lake neighborhood, this spacious custom home offers a rare combination of seclusion, convenience, & lake lifestyle. Soaring ceilings & immaculate hardwood floors create an inviting first impression through French doors to formal living & dining rooms. Private primary suite wing is its own retreat, complete w/ dedicated office, large walk-in closet, & spacious 5-piece bath w/ jetted soaking tub & dual vanities. French doors lead to a freshly painted wraparound deck & hot tub overlooking the expansive acre lot. Heart of the home is an oversized kitchen designed for gathering, w/ newer matching appliances, double ovens, massive island w/ cooktop & prep sink, seating for six at the breakfast bar, abundant cabinetry, & walk-in pantry. Second living room w/ gas fireplace & French doors to the deck provides flexible entertaining space. Generously sized bedrooms, large bonus room above the 1,104 sf 3-car garage, & sprawling floor plan make this home feel even larger in person. Additional features include central vacuum system, large laundry room, dedicated mudroom, RV carport w/ gated access + additional RV parking, & a fully fenced yard with classic white picket fencing. Major updates include newer AC, furnace, & water heater; professionally refreshed crawl space w/ dual sump pumps. Minutes from Tumwater, Olympia's Westside, & Black Lake Elementary. Residents also enjoy private community lake access w/ newer dock & water usage included in dues.
125 days
|
532
|
13
|

Zillow last checked:

Listing updated:

Listed by:

Marti Baker,

MVP Realty Group

Source: NWMLS as distributed by MLS GRID,MLS#: 2488727MLS Logo

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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 3
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Main
    Bathroom full
    • Level: Main
    Other
    • Level: Main
    Other
    • Level: Main
    Bonus room
    • Level: Second
    Den office
    • Level: Main
    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: Main
    Heating
    • Fireplace, Forced Air, Electric, Natural Gas
    Cooling
    • Forced Air
    Appliances
    • Included: Dishwasher, Double Oven, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Refrigerator(s), Washer(s), Water Heater: Gas, Water Heater Location: Garage
    Features
    • Bath Off Primary, Dining Room, Pantry
    • Flooring: Hardwood, Vinyl, Carpet
    • Doors: French Doors
    • Windows: Dbl Pane/Storm Window, Skylight(s)
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Gas, Main Level: 1, Fireplace
    Interior area
    • Total interior livable area: 3,696 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 10
    • Parking features: Attached Carport, Driveway, Attached Garage, RV Parking
    • Has attached garage: Yes
    • Has carport: Yes
    • Covered spaces: 4
    • Uncovered spaces: 6
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main
    • Patio & porch: Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Hot Tub/Spa, Jetted Tub, Pantry, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
    • Has spa: Yes
    • Spa features: Indoor, Bath
    Lot
    • Size: 1.02 Acres
    • Dimensions: 239' x 186' x 239' x 183'
    • Features: Dead End Street, Paved, Cable TV, Deck, Fenced-Fully, High Speed Internet, RV Parking
    • Topography: Level
    • Residential vegetation: Garden Space
    Details
    • Parcel number: 57580001000
    • Zoning description: Jurisdiction: County
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: 1 Story
    • Property subtype: Single Family Residence
    Materials
    • Cement Planked, Wood Siding, Cement Plank
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Year built: 2002

    Utilities & green energy

    • Electric: Company: Puget Sound Energy
    • Sewer: Septic Tank, STEP Sewer, Company: Septic - HOA Managed
    • Water: Community, Company: Klipsun Water HOA
    • Utilities for property: Comcast, Comcast

    Community & HOA

    Community
    • Features: CCRs
    • Subdivision: Black Lake
    HOA
    • Services included: Common Area Maintenance, Road Maintenance, See Remarks, Water
    • HOA fee: $200 monthly
    • HOA phone: 360-481-6030
    Location
    • Region: Olympia

    Financial & listing details

    • Price per square foot: $264/sqft
    • Tax assessed value: $1,059,200
    • Annual tax amount: $11,105
    • Date on market: 3/12/2026
    • Cumulative days on market: 126 days
    • Listing terms: Conventional,FHA,VA Loan
    • Inclusions: Dishwasher(s), Double Oven, Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

      Estimated market value

      $964,500

      $916,000 - $1.01M

      $3,703/mo

      Price history

      DateEventPrice
      6/8/2026Price change$974,500-2.5%$264/sqft
      Source: NWMLS as distributed by MLS GRID #2488727 Report a problem
      5/4/2026Price change$999,975-2.4%$271/sqft
      Source: NWMLS as distributed by MLS GRID #2488727 Report a problem
      4/9/2026Price change$1,025,000-2.4%$277/sqft
      Source: NWMLS as distributed by MLS GRID #2488727 Report a problem
      3/13/2026Listed for sale$1,050,000+1300%$284/sqft
      Source: NWMLS as distributed by MLS GRID #2488727 Report a problem
      3/29/2002Sold$75,000$20/sqft
      Source: Public Record Report a problem
      5/16/2001Sold$75,000+298.5%$20/sqft
      Source: Public Record Report a problem
      4/30/1999Sold$18,820$5/sqft
      Source: Public Record Report a problem

      Public tax history

      YearProperty taxesTax assessment
      2024$11,374 +5.7%$1,059,200 +8.1%
      2023$10,757 -5%$979,900 -5.8%
      2022$11,328 +1.8%$1,040,400 +15.7%
      2021$11,129 +14.5%$899,600 +27%
      2020$9,722 +7.2%$708,100 -3.6%
      2019$9,072 +3.8%$734,200 +4.3%
      2018$8,740 +19.8%$704,200 +20.6%
      2017$7,294 $583,900 +9.1%
      2016$7,294 $535,000 +2.8%
      2014$7,294 $520,400 +6.4%
      2013-- $489,100
      2012$7,152 --
      2011-- --
      2010-- --
      2009$6,544 --
      2008-- --
      2007$6,089 -34%--
      2006$9,227 +48.1%--
      2005$6,229 --
      2004-- --
      2002-- --
      2001$1,042 -2.8%$65,000
      2000$1,072 $65,000
      Find assessor info on the county website

      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: 98512

      Getting around

      10 / 100
      Car-Dependent
      0 / 100
      No Nearby Transit
      34 / 100
      Somewhat Bikeable

      Nearby schools

      GreatSchools rating

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