$619,900
Est. $3,161/mo3 bd•3 ba•1,968 sq ft
3062 Banks Lane Sw, Olympia, WA 98512
• Listed 2026-06-25•28 days on market
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 30, 2026 at 12:01pm (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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Welcome to The Overlook at Somerset Hills, this meticulously maintained residence offers panoramic views and refined living. Featuring 3 bedrooms and 3 bath, this 1,968 soft home showcases an open, contemporary floor plan enhanced by a dramatic wall of windows that flood the interiors with natural light, emphasizing breathtaking scenic views of the State Capitol, Mount Rainier, the Olympic Mountains, and the lake. The expansive rooftop deck provides an exceptional setting for relaxation or entertaining, offering unparalleled views. The flexible layout includes primary suites on two levels, supporting multi-generational living or guest accommodations. Additional highlights encompass soaring windows, bamboo flooring, and bright, open spaces. The modern kitchen is equipped with an eating bar and sleek finishes, promoting both style and functionality. A third bedroom allows for further versatility, ideal for guests or a home office. The exceptional rooftop deck, complete with a prep loft featuring a sink and mini-fridge, elevates outdoor entertaining. Conveniently located near shopping, schools, parks, and major freeways, this property presents a rare combination of striking design, prime location, and outstanding outdoor amenities.
Listed by Michael Duggins • RE/MAX Parkside Affiliates
Listing updated: June 30, 2026 at 12:01pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2544733
Open houses
Nearby open houses (1)
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Open Sat, Aug 1$608,000
-$11,900 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $458K and $595K.
Rental earnings
$1,825/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$595,000Last sold price
1518 Skyline Ridge Lane Sw, Tumwater, WA 98512
$465,000Last sold price
782 Fenway Lane Sw, Tumwater, WA 98512
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.
3062 Banks Lane Sw, Olympia, WA 98512
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
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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 very close to list price.
Time on market: The average home goes pending in around 13 days.
$360,000 Sold
2 weeks ago
•Single Family
522 H Street Sw, Tumwater, WA 98512
12%
Under list
—
Days on market
0.7 mi
Distance
$535,000 Sold
3 months ago
4 bd•2 ba•~2,453 sq ft•Single Family
736 G Street Sw, Tumwater, WA 98512
2%
Over list
—
Days on market
0.6 mi
Distance
$400,000 Sold
4 months ago
2 bd•1.5 ba•~1,180 sq ft•Single Family
309 Bates Street Sw, Tumwater, WA 98512
0%
Over list
—
Days on market
0.6 mi
Distance
$510,000 Sold
6 months ago
5 bd•3 ba•~2,440 sq ft•Single Family
3037 Hampton Drive Sw, Tumwater, WA 98512
2%
Over list
—
Days on market
0.5 mi
Distance
$295,000 Sold
6 months ago
1 bd•~510 sq ft•Single Family
509 N 3rd Avenue, Tumwater, WA 98512
11%
Under list
—
Days on market
0.6 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 Jul 2026
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
