508 Summit Lake Shore Drive NW · Olympia, WA 98502
Source: NWMLS · FIRST AND MAIN · Daniel Buelt #NWM2515045
About this home
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
Location
Basics
- Property type
- Single Family Residence
- Style
- 2 Story
- Stories
- 2 stories
- Year built
- 2002
- Lot size
- 209,088 sq ft (4.8 acres)
- County
- Thurston
- MLS #
- NWM2515045
Interior
- Heating
- Forced Air
- Cooling
- None, See Remarks
- Flooring
- Laminate
- Appliances
- Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
- Interior features
- Bath Off Primary, Ceiling Fan(s), Dining Room, Skylight(s), SMART Wired, Wired for Generator
- Entry level
- Main
Exterior & lot
- Exterior features
- Wood, Wood Products
- Roof
- Composition
- Foundation
- Poured Concrete
- Lot features
- Dirt Road, Open Space, Secluded, Value In Land
- Topography
- Sloped
- View
- Lake, Partial
- Waterfront
- No
Parking
- Parking spaces
- 6
- Garage
- Yes (attached)
- Covered spaces
- 2
- Parking features
- Driveway, Attached Garage
Utilities
- Water
- Shared Well
- Sewer
- Septic Tank
- Power
- Electric
Community & fees
- Subdivision
- Summit Lake
- Community features
- Athletic Court, Boat Launch, Club House, Park, Playground, Trail(s)
- Property tax
- $5,097 (2026)
Transaction
- Original list price
- $619,950 (6.5% price cut)
- Listed on
- Apr 30, 2026
- Days on market
- 163
- Price per sq ft
- $366
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Possession
- Closing
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2014-07-30
- Sold$221,000
Schools
School district: Olympia
- Elementary
- Mclane Elem
- Middle
- Marshall Middle
- High
- Capital High SchoolSchoolDigger 4 stars · Top 26% in WA

Listing provided courtesy of: FIRST AND MAIN
Listing agent: Daniel Buelt.
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 2026-09-17.