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Listing courtesy of NWMLS / Coldwell Banker Evergreen

401 Summit Lake Shore Road NW

Olympia, WA 98502

Name: Open House: 12pm-3pm
Start: 2025-06-14T12:00:00
End: 2025-06-14T15:00:00
Location: 401 Summit Lake Shore Road NW

4 beds
6 baths
3,333 sqft
~3 acre lot
$483 per sqft
1966 build

Incredible waterfront opportunity on Summit Lake—rare 2.6 acres across two parcels, formerly a lakeside resort! Five homes offer flexible living or rental potential: a beautifully updated main home w/ new carpet, paint, LVP flooring, a large deck, garage, & stunning lake and territorial views, plus a cute attached studio apartment. A separate 1-bedroom home with 2nd story deck also enjoys a lake view, & two additional cabins complete the setting. Dock with room for multiple boats, greenhouse & storage shed. Rare chance for gatherings, multi-gen living, investment (excellent rental history), or private retreat w/ lake access and unmatched lake and territorial scenery. One of the few with well water on the lake. Just minutes from Olympia.

Listing courtesy of NWMLS / Coldwell Banker Evergreen

Last checked: Checking… • Last updated Jun 14, 2025 •

MLS# 2392621 —

The Building

Year Built:

1966
New Construction:

false
Building Name:

401 Summit Condominiums
Building Information:

Built On Lot
Structure Type:

House
Roof:

Composition
Basement:

None
Exterior Features:

Wood
Building Area Total:

2069
Building Area Units:

Square Feet
Calculated SqFt:

3333
SqFt Source:

Public Records
Construction Materials:

Wood

Interior

Interior Features:

Double Pane/Storm Window, Water Heater
Living Area:

2069
Flooring:

Vinyl, Vinyl Plank, Carpet
Fireplace:

false
Finished SqFt:

2069

Financial & Terms

Possession:

Closing

Location

Latitude:

47.048289
Longitude:

-123.120452
Directions:

From US-101, take Summit Lake Rd. exit. Follow Summit Lake Rd NW for approx. 4.5 miles. Turn right onto Summit Lake Shore Rd NW. Follow to property on left. Watch for signage.

The Property

Property Type:

Residential
Property Subtype:

Single Family Residence
Parcel Number:

86010000200
Lot Features:

Open Space, Paved
Lot Size Units:

Square Feet
Lot Size Acres:

2.6285
Lot Size SqFt:

114499
Lot Size Source:

Public Records
Land Lease:

false
View:

Lake, See Remarks, Territorial
View:

true
Waterfront:

true
Topography:

Level
Waterfront Features:

Lake, No Bank
Water Access:

Deeded Access
Additional Parcels Description:

86010000100
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

12517

Beds

Bedrooms Total:

4
Bedrooms Possible:

4
Main Level Bedrooms:

4

Baths

Total Baths:

6
Baths:

4.75
Full Baths:

1
Three Quarter Baths:

5
Main Full Baths:

1
Main Level Bathrooms:

6
Main level Three Quarter Bath:

5
# of Bathtubs:

1

The Listing

Special Listing Conditions:

None

Heating & Cooling

Cooling:

true
Heating:

true
Cooling:

Ductless
Heating:

Baseboard, Ductless

Utilities

Water Company:

Well
Water Heater Location:

Utility
Water Heater Type:

Electric
Water Source:

Individual Well
Sewer:

Septic Tank
Sewer Company:

Septic
Power Company:

Puget Sound Energy

Appliances

Appliances:

Refrigerator(s), See Remarks, Stove(s)/Range(s)
Appliances Included:

Refrigerator(s),See Remarks,Stove(s)/Range(s)

Schools

Elementary School:

Griffin Elem
Middle Or Junior School:

Griffin Mid School
High School:

Capital High
High School District:

Griffin

The Community

Subdivision Name:

Summit Lake
Community Features:

Boat Launch
Senior Community:

false
Association Fee:

1
Association Fee Frequency:

Monthly
Association:

true

Parking

Parking Total:

2
Parking Features:

Attached Garage, Off Street
Open Parking:

false
Garage:

true
Garage Spaces:

2
Attached Garage:

true
Carport:

false
Covered Spaces:

2

Listing courtesy of NWMLS / Coldwell Banker Evergreen

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Tue Jun 17 2025 04:28 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.

Monthly cost estimate

Asking price

$1,610,000

Expense	Monthly cost
Mortgage	$8,621
Taxes	$1,043
Insurance	$442
HOA fees	$1
Utilities	$166 See report
Total	$10,273/mo.^*
	^*This is an estimate

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Air Pollution Index

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Sale history

Date	Event	Source	Price	% Change
6/13/25 Jun 13, 2025	Listed / Active	NWMLS	$1,610,000

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This house located in WA 98502 is currently for sale for $1,610,000. 401 Summit Lake Shore Road NW is a 3,333 square foot house with 4 beds and 6 baths. This house is in the attendance area of Thurgood Marshall Middle School, Capital High School, Avanti High School, and Mclane Elementary School.

Listing courtesy of NWMLS / Coldwell Banker Evergreen

Disclaimer: The information contained in this listing has not been verified by Coldwell Banker Evergreen and should be verified by the buyer.