$90,000
Est. $454/mo1506 Summit Lake Shore Road Nw, Olympia, WA 98502
• Listed 2026-06-08•New today
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Based on information submitted to the MLS GRID as of June 8, 2026 at 02:42pm (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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Experience the best of Pacific Northwest living with this beautiful 1.8-acre parcel at Summit Lake in Olympia. Surrounded by scenic natural beauty and endless opportunities for outdoor recreation, this property offers the perfect setting to enjoy everything the area has to offer. Spend your days boating, fishing, kayaking, paddleboarding, or swimming at nearby Summit Lake. Start creating you r getaway oasis in this Summit lake community. The Lake Community access is just a short walk away. Enjoy the convenience of being just a short drive from Olympia’s shopping, dining, and local amenities, yet feels like you are miles away from it all. The community club house and association provides social activities, outdoor concerts, playground, trails, and Seasonal events like a boat parade for the 4th of July. You'll have a space to enjoy, no waterfront taxes and a location that combines recreation, nature, and accessibility, this is a rare opportunity to own acreage in one of Olympia’s most sought-after lake communities.
Listed by Shawni Leachman • Windermere Real Estate Olympia
Listing updated: June 8, 2026 at 02:42pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2536263
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (2)
See more →
Open Sat, Jun 13
Open Sat, Jun 20$595,000
+$505,000 over list price
Nearby comparable homes
RexMont uses 3 strongest recent nearby sales, priced between $520K and $719K.2 outlier sales were excluded from this snapshot.
Rental earnings
$1,775/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$520,000Last sold price
2225 Summit Lake Shore Road Nw, Olympia, WA 98502
$595,000Last sold price
3223 Aspinwall Road Nw, Olympia, WA 98502
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.
1506 Summit Lake Shore Road Nw, Olympia, WA 98502
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.
Neighborhood mobility
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$517 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
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Olympia is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 10 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Olympia School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
