$599,950
Est. $3,040/mo3 bd•1 ba•1,584 sq ft
508 Summit Lake Shore Drive Nw, Olympia, WA 98502
• Listed 2026-04-30•2 days on market
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Tucked away near Summit Lake, this private 4.8-acre retreat offers a rare blend of private recreational acreage near Olympia with turnkey updates and future-use flexibility. Surrounded by mature trees and natural beauty, the property invites you to slow down and enjoy your space—whether it’s sipping morning coffee on the deck, exploring your own wooded acreage, or planning future additions like a shop, garden, or trails. In addition to its serene setting, the land features marketable timber, offering potential monetary value and long-term resource appeal.Inside, the home has been thoughtfully updated with new laminate flooring, refreshed kitchen cabinetry with soft-close hardware, and stainless steel appliances, creating a clean, functional space ready for everyday living. Natural light fills the main floor, enhancing the home’s warm and welcoming atmosphere. Major improvements—including a 30-year roof, fresh exterior paint, and upgraded systems—provide peace of mind, while modern touches like EV charging readiness and custom closet organizers add convenience.With nearly 5 acres of land, a double-car garage, and ample room to expand, this property offers flexibility for hobbies, storage, or simply enjoying the privacy that’s increasingly hard to find. Located just minutes from Summit Lake and a short drive to town, this is a unique opportunity to own acreage with both lifestyle appeal and underlying land value. Experience the space, privacy, and potential this property has to
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508 Summit Lake Shore Drive Nw, Olympia, WA 98502
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Neighborhood mobility
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$3,615 per month
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 11, 2026 at 10:40am (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Listed by Daniel Buelt • FIRST AND MAIN
Listing updated: June 11, 2026 at 10:40am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2515045
Olympia is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: Sale-vs-list ratio data not available for this area.
Time on market: The average home goes pending in around 10 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Olympia School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
