5 months on rocket

401 Summit Lake Shore Rd NW Unit B, Olympia, WA, 98502

$980,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Baths
2,199 SqFt
$446/SqFt
House

Location

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401 Summit Lake Shore Rd NW Unit B, Olympia$980,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

ParkingIndividual Garage, Uncovered
Year Built1966
HeatingBaseboard, Zoned, Other
CoolingDuctless
WaterfrontLake Front
ViewLake, Mountain(s), Territorial
MLS #2246174
StatusActive

About 401 Summit Lake Shore Rd NW Unit B

Prime, top of the lake property! 1.7 acres of lush beachfront with dock. Condo Unit B consists of 2 dwellings: 2200sf, 4B/2Ba home and attached studio with kitchen & amazing bath. Both homes with captivating lake view. New roofs and energy efficient updates in both. Main house has a roomy deck off upper level. Dock provides excellent access to the water w plenty of room to secure boats. Detached oversized 2-car garage. Property has its own well for year-round fresh & safe water - a gem of an asset for this area! Newer gravity septic system serves both residences. Common areas incl gravel drive, well house, dock, pathway to dock, and sitting area by water. A serene home on the lake; imagine beginning and ending your day in this paradise!

Property Details

Property Features

Property Information:

  • Year Built: 1966
  • Stories: 2
  • Living Area: 2,199 SqFt

Listing Office:

  • Office Name: Group 7 Inc., Real Estate Serv
  • Office Phone: (360) 357-7779
  • Listing Agent: Angela Rush

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile, Vinyl Plank, Carpet
  • Interior: Ceramic Tile, Cooking-Gas, Dryer-Electric, Dryer-Gas, Wall to Wall Carpet, Washer

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Lake, Mountain(s), Territorial
  • Exterior: Wood

Parking Information:

  • Parking: Individual Garage, Uncovered

Utilities

Utilities Information:

  • Heating: Baseboard, Zoned, Other
  • Cooling: Ductless

Other

Directions Information:

  • Directions: North on 101, stay left onto Hwy 8. Right onto Summit Lake Rd, Right onto Summit Lake Shore Rd NW, short distance to driveway on left. Look for pretty blue sign with tile fish & numbers.

Price Information

Listing Price Info

Price Summary:

  • List Price: $980,000
  • Price Per SqFt: $446/SqFt
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Housing Market Comparison

See how this home compares to others in Olympia, WA.

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Olympia, WA

City

Med. Sold Price

$552.9K

Med. Price/SqFt

$294

Avg. Days On Market

40

# of Sold Homes

157

401 Summit Lake Shore Rd NW Unit B vs Olympia

166 DAYS ON ROCKET

+126 Days

$980,000

+$427K More

$446/SqFt

+$151 More

KEY TAKEAWAY

This property is $427K more than the Median Sold Price and $151/SqFt more than other homes in Olympia, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2246174

Listing Office:

  • Office Name: Group 7 Inc., Real Estate Serv
  • Office Phone: (360) 357-7779
  • Listing Agent: Angela Rush

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

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.

IDXThe data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is 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. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 11:17:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-450883
5
/10

  • McLane Elementary School

  • 200 Delphi Rd SW

  • 6.67 miles

  • Public District Grades PK-5

school-card-donut-450884
4
/10

  • Julia Butler Hansen Elementary School

  • 1919 NW Road Sixty Five

  • 7.89 miles

  • Public District Grades PK-5

school-card-donut-450885
4
/10

  • Black Lake Elementary School

  • 6345 Belmore-Black Lake Road

  • 8.22 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,347. Typical income of Olympia, WA residents is between $35k-100k annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Olympia, WA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Olympia, WA.

Olympia's housing market showcases a diverse array of options, with single-family homes being a significant presence, reflecting a mix of contemporary and classic Pacific Northwest architectural styles. The market also includes a selection of condominiums and townhouses, providing alternatives for those seeking a more urban living experience. The homeownership rate in Olympia is robust, with a majority of residents owning their homes, while a substantial portion opts for renting, indicating a balanced housing ecosystem.

What is it like to live in Olympia, WA?

Olympia is celebrated for its vibrant arts scene and community-oriented atmosphere. The city prides itself on its array of local festivals, including the well-known Olympia Arts Walk and the Wooden Boat Festival, which embody the city's creative spirit and maritime heritage. The downtown area, with its eclectic mix of shops and cafes, serves as a hub for both residents and visitors, fostering a sense of community and local pride.

Is it easy to get around Olympia, WA without a car?

The community benefits from a solid educational system, with numerous public and private schools catering to a range of educational needs, from elementary to higher education, including The Evergreen State College. Olympia's healthcare network includes several hospitals and clinics, offering services from primary care to specialized medical treatments. The city also features a public library system that serves as a resource and gathering place for residents. Retail and dining options abound, with an emphasis on local businesses that reflect the city's culture and values.

Transportation in Olympia, WA.

Olympia's transportation infrastructure supports a variety of transit options, with a focus on sustainability and accessibility. The city's public transit system provides regular bus services, connecting neighborhoods to the downtown core and beyond. The area is also conducive to walking and cycling, with numerous trails and bike lanes. Major roadways facilitate travel in and out of the city, and ongoing investments in transportation aim to enhance the efficiency and convenience of moving around Olympia.

Frequently Asked Questions About 401 Summit Lake Shore Rd NW Unit B

What is the listing price of this property?

The listing price of 401 Summit Lake Shore Rd NW Unit B property is $980,000.

What type of property is this?

The property 401 Summit Lake Shore Rd NW Unit B is a house located in Olympia, Washington, 98502.

Is this property for sale now?

Active Listing: 401 Summit Lake Shore Rd NW Unit B is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 401 Summit Lake Shore Rd NW Unit B has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 401 Summit Lake Shore Rd NW Unit B is 2,199 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 401 Summit Lake Shore Rd NW Unit B is 1966.

Rocket Homes›Washington›Thurston County›Olympia›98502›401 Summit Lake Shore Rd NW Unit B

This home is located at 401 Summit Lake Shore Rd NW Unit B in Olympia, WA and zip code 98502. This 2,199 square foot home was built in 1966. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 03, 2024 and is currently priced at $980,000.

In October 2024, from all listings sold in Olympia, WA there were more than 42 sold above asking price, over 73 sold below and more than 42 were sold right at the asked price. Between September 2024 and October 2024, Olympia, WA real estate market has seen increase in the number of listings by 7.2%. In October 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $552,996.

From Rocket Homes Real Estate and based on county public records data.

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