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$1,525,000

Listing Price

3beds

1baths

2,775sqft

6,483sqft lot

1325 Summit Lake Shore Rd Nw, Olympia, WA 98502

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Single Family

Home type

549.55

Price / sqft

2021

Year built

Home Details

Built in 2021, this 2,775 sq ft Summit Lake waterfront home combines modern design, quality craftsmanship, and an exceptional setting on one of Thurston County's most sought after lakes. Enjoy approximately 50 feet of waterfront with easy access for boating, paddleboarding, fishing, swimming, or simply taking in the peaceful surroundings from your own shoreline. Large windows fill the home with natural light while capturing beautiful lake views, and the open layout creates inviting spaces for everyday living and entertaining. The kitchen serves as the heart of the home with premium finishes, generous workspace, and seamless flow into the dining and living areas. The home features three bedrooms plus flexible living space, including a bonus room and a dedicated home gym that could also serve as an office, media room, or hobby space. Septic system is approved for three bedrooms. Included in the sale is the 1.04 acre parcel directly across the street at 1324 Summit Lake Shore Rd NW, featuring two detached garages of approximately 400 sq ft each, a sport court, and a pump house for the private well. Store boats, vehicles, recreational equipment, or create the workshop you've always wanted while keeping the waterfront parcel focused on relaxation and lake living. This unique two parcel property provides the flexibility, storage, and recreation space that is difficult to find on the lake.

Interior Details

Square Feet
  • 2775

Bedrooms
  • 3

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Heat Pump

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Finished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Wood (unspecified)

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 6483

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    Carport (unspecified)

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    0

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Multi-level

Exterior
  • Concrete

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Concrete

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$1,958

$153,100

$0

--%

$153,100

2020

$1,958

$161,500

$0

--%

$161,500

2019

$1,816

$162,300

$0

--%

$162,300

2018

$1,807

$145,000

$0

--%

$145,000

2017

$2,337

$192,400

$0

--%

$192,400

2015

$2,019

$164,800

$1,200

--%

$166,000

2014

$2,168

$162,900

$1,100

--%

$164,000

2012

$2,206

$162,900

$1,000

--%

$163,900

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Average Home Price in 98502

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$1,525,000

3 Beds

1 Baths

2,775 Sqft

6,483 Lot (sqft)

Sold 10/05/2026

$889,900

3 Beds

3 Baths

2,860 Sqft

49,571 Lot (sqft)

Sold 09/29/2026

$1,603,533

3 Beds

2.5 Baths

2,960 Sqft

13,132 Lot (sqft)

Sold 10/05/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,525,000
$
Down payment
305,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
9,150
$
HOA (Monthly)
0
$
PMI
0
$
$9,872
Your Payment
Total Monthly Payment:$9,872
Percent of Income:169%
Affordable:No

Details for 1325 SUMMIT LAKE SHORE RD NW

Property Debt

Foreclosure Contact Details