315 24th Avenue SW · Olympia, WA 98501
Source: NWMLS · Windermere Mercer Island · Jake Kanev #NWM2585593
About this home
Opportunity abounds on this huge 3/4-acre high bank lakefront property in the historic Capitol Lake Neighborhood! With a spacious existing home and the potential for big lake views, it’s brimming with possibilities for sweat equity or a fresh start. Add your own renovations to the home’s original 1937 charm, which includes period details like exposed timber beams, wood paneling, hardwood floors, and a masonry fireplace. Perched above a private trail down to the lake, it’s perfectly positioned to take advantage of the scenery. OR bring your contractor and design the lake view home of your dreams. Either way, you’ll benefit from the $400million Capitol Lake restoration project currently underway. You’ll also reap the rewards of a fabulous location in one of Olympia’s nicest neighborhoods, just minutes to the Capitol Building, downtown Olympia, downtown Tumwater, and freeway access. Location, lakefront, and a lovely setting...all this property needs is your vision.
Location
Basics
- Property type
- Single Family Residence
- Style
- Traditional
- Stories
- One and one half
- Condition
- Fixer
- Year built
- 1937
- Building area
- 3,316 sq ft
- Lot size
- 32,234 sq ft (0.74 acres)
- County
- Thurston
- MLS #
- NWM2585593
Interior
- Heating
- Forced Air
- Cooling
- None
- Flooring
- Hardwood, Laminate, Vinyl, Carpet
- Appliances
- Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer
- Fireplace
- 1 · Wood Burning
- Interior features
- Dining Room, Fireplace, Loft, Water Heater
Exterior & lot
- Exterior features
- Metal/Vinyl
- Roof
- Composition
- Foundation
- Poured Concrete
- Lot features
- Dead End Street, Paved, Sidewalk, Value In Land
- View
- Lake, Territorial
- Waterfront
- Yes
Parking
- Parking spaces
- 6
- Parking features
- Driveway, RV Parking
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Natural Gas, Wood
Community & fees
- Subdivision
- Olympia
- Property tax
- $590 (2026)
Transaction
- Listed on
- Sep 25, 2026
- Days on market
- 1
- Price per sq ft
- $211
- Listing terms
- Cash, Conventional, VA Loan
- Possession
- Closing
More homes nearby
Schools
School district: Olympia
- Elementary
- Lincoln Elementary
- Middle
- Wash Mid
- High
- Olympia High SchoolSchoolDigger 5 stars · Top 7% in WA

Listing provided courtesy of: Windermere Mercer Island
Listing agent: Jake Kanev.
Based on information submitted to the MLS GRID as of —. 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-09-25.