$1,180,000
Est. $5,979/mo4 bd•3.5 ba•4,208 sq ft
3607 Walthew Drive Se, Olympia, WA 98503
• Listed 2026-06-05•5 days on market
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Based on information submitted to the MLS GRID as of June 8, 2026 at 10:00am (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.
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Own a piece of paradise on Beautiful LONG LAKE! Priced under assessed value~ An exceptional value for waterfront living! Whether your new vacation spot, main residence or as an income producing Air BNB, everyone will enjoy life to the fullest on this hard-to-find RECREATIONAL lake that allows motorized crafts. Live life large in this 4,208-sf bright & airy home with SW exposure, a wraparound deck, vaulted ceilings, A/C, a newer roof, a new 70-gallon water heater, and a new furnace. Featuring 4 bedrooms, including an XL lake-view primary suite, 3.5 baths, an office, and a well-equipped updated kitchen. Ideal for guests or an AirBNB the daylight basement has a private entrance & deck, large Rec Room, Bonus room (currently set up as a bedroom), full bath & plumbed for 2nd Kitchen. Enjoy 61' of no-bank waterfront with a private floating dock, all set on an expansive lot surrounded by natural beauty. The ½-acre landscaped lot showcases 6 mature fruit trees & large variety of colorful flowers. Near I-5, Costco, Home Depot, restaurants, and grocery. Come enjoy your life—fishing, swimming, boating, jet skis, annual 4th of July fireworks on the lake, and the Polar Bear plunge in winter. Trade the rush of everyday life for the peace and serenity of this waterfront escape.
Listed by Hailu Liu • RE/MAX Town Center
Listing updated: June 8, 2026 at 10:00am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2534372
Open houses
No upcoming open houses scheduled for this property.
$913,000
-$267,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $600K and $2M.
Rental earnings
$2,750/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$2,000,000Last sold price
3844 Long Lake Loop Se, Olympia, WA 98503
$600,000Last sold price
4145 Lorna Court Se, Lacey, WA 98503
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
3607 Walthew Drive Se, Olympia, WA 98503
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
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$7,349 per month
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Olympia is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 9 days.
$505,000 Sold
6 weeks ago
3 bd•2.5 ba•~2,079 sq ft•Single Family
2538 Hidden Springs Loop Se, Lacey, WA 98503
2%
Under list
—
Days on market
0.7 mi
Distance
$445,000 Sold
5 months ago
3 bd•1 ba•~1,516 sq ft•Single Family
8220 Lake Forest Drive Se, Lacey, WA 98503
1%
Over list
—
Days on market
0.3 mi
Distance
$457,000 Sold
5 months ago
3 bd•1 ba•~1,498 sq ft•Single Family
7604 41st Avenue Se, Lacey, WA 98503
3%
Under list
—
Days on market
0.6 mi
Distance
$547,000 Sold
5 months ago
3 bd•1 ba•~1,704 sq ft•Single Family
7735 22nd Lane Se, Lacey, WA 98503
0%
Over list
—
Days on market
1.0 mi
Distance
$547,980 Sold
5 months ago
4 bd•2 ba•~1,920 sq ft•Single Family
4100 Arbor Drive Se, Lacey, WA 98503
0%
Under list
—
Days on market
0.5 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
