$1,150,000
Est. $5,803/mo2 bd•1 ba•1,544 sq ft
1031 Summit Lake Circle 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 9, 2026 at 05:02am (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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Welcome to life on Summit Lake, with beautiful lake views, outdoor living, and three parcels offering a rare opportunity in one incredible setting. This must-see lakefront home offers a setting that is hard to find, with a private dock, boat house, boat lift that stays, hot tub, fire pit, and an outdoor kitchen, and dock that is perfect for entertaining on the water.The boat house and outdoor kitchen add another special piece to the property, creating a great place to gather, relax, and enjoy the lake lifestyle. Whether you are spending the day on the water, hosting friends, or winding down in the evening, the outdoor areas are designed to make the most of the setting. The landscaping, retaining walls, and recent exterior improvements also show the amount of care and work that has gone into making the property more usable, inviting, and easy to enjoy.Inside, the home has been tastefully updated with newer flooring, newer HVAC and heat pump, an updated kitchen with backsplash, wet bar, nice pantry, and a spacious 5 piece bathroom. Large tinted windows provide added privacy while still bringing in natural light. With propane serving the gas range, and generator, the home blends comfort, function, and lake life convenience.Whether you are boating, relaxing in the hot tub, hosting by the water, or enjoying quiet evenings around the fire pit, this Summit Lake home offers a lifestyle that feels special from the moment you arrive.
Listed by Parker Stephens • BHGRE - Northwest Home Team
Listing updated: June 9, 2026 at 05:02am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2536599
Open houses
Nearby open houses (1)
See more →$787,000
-$363,000 under list price
Nearby comparable homes
RexMont uses 3 strongest recent nearby sales, priced between $598K and $1.09M.
Rental earnings
$2,350/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$1,090,000Last sold price
423 Summit Lake Shore Road Nw, Olympia, WA 98502

$598,000Last sold price
7703 Holiday Valley Drive 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.
1031 Summit Lake Circle 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.
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$6,690 per month
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Olympia is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
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 11 days.
$128,800 Sold
6 months ago
•Single Family
1944 Summit Lake Shore Road Nw, Olympia, WA 98502
14%
Under list
—
Days on market
0.5 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Griffin 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.