$1,299,500
Est. $7,043/mo4 bd•2.75 ba•3,213 sq ft
4122 40th Lane SW, Tumwater, WA 98512
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Listing Broker: Morrison House Sotheby's Intl; Courtney K. Drennon; 360-790-0262; courtneylkelley@gmail.com
About this home
Set high above Black Lake with sweeping lake views, The Summit at Mills Heights pairs thoughtful & high-end design with nearly 11 acres of privacy. One of just six homes in this new community where a tree-lined paved road winds through the former nursery grounds, with mature landscaping & an extraordinary variety of established trees create a setting unlike any traditional new development. This versatile 2 story plan features 4 bedrooms, a generous bonus room, and a main-level flex space (possible 5th bedroom) with an adjacent bath, ideal for guests or a private office. 2 expansive covered decks, one on the main level & a second upstairs capture the spectacular views, extending the living space outdoors in every season. The stunning kitchen showcases slab quartz countertops, upgraded KitchenAid appliances, painted white maple Canyon Creek cabinetry & an impressive butler’s pantry with wet bar perfect for all your entertaining needs! French doors introduce the primary suite with bold lake views, featuring a fully tiled shower with glass surround, vessel soaking tub, dual vanities & an expansive walk-in closet. A cold-climate heat pump, solar panels, recirculating hot water system & triple-pane windows bring efficiency to quality craftsmanship. Unique and rare opportunity to live an elevated lifestyle minutes to Black Lake boat launch and town. Estimated Completion 1/9/27.
Listed by Courtney K. Drennon • Morrison House Sotheby's Intl
Listing updated: November 6, 2026 at 05:57pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2601772
Around this home
How much should you offer?
4122 40th Lane SW, Tumwater, WA 98512
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
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.
Property details
Interior features
- Bath Off Primary
- Ceiling Fan(s)
- Dbl Pane/Storm Window
- Dining Room
- Fireplace
- French Doors
- High Tech Cabling
- Pantry
- Triple Pane Windows
- Vaulted Ceiling(s)
- Walk-In Closet(s)
- Water Heater
- Wet Bar
- Wine/Beverage Refrigerator
- Fireplace (gas)
Kitchen
- Dishwasher
- Microwave
- Stove(s)/Range(s)
Bedrooms
- 4 bedrooms total
- 4 upstairs
Bathrooms
- 2 full bathrooms
- 1 three-quarter bathroom (shower, no tub)
- 2.75 bathrooms total (NWMLS count)
- 1 on the main level
Layout
- 2 Story
- 3,213 sq ft finished
Flooring
- Engineered Hardwood
- Stone
- Carpet
Heating & cooling
- 90%+ High Efficiency heating
- Forced Air heating
- Heat Pump heating
- Recirculation Pump heating
- Forced Air cooling
- Heat Pump cooling
Schools
Ratings via SchoolDigger- Black Lake ElementaryPublic · Grades K-5 · 1.5 mi · State rank 421 of 1,1386/10
- Tumwater Middle SchoolPublic · Grades 6-8 · 2.4 mi · State rank 159 of 5146/10
- Thurs County Juvenile Det/Tumwater West EPublic · Grades 6-12 · 1.2 mi—
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.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Topography
- Level,Partial Slope,Sloped
- Vegetation
- Wooded
- Lot number
- 1
- Zoning code
- SFR
- Zoning jurisdiction
- County
Systems
- Energy source
- Electric,Propane
- Power production
- Electric, Propane
- Water heater
- Electric Recirc
- Water heater location
- Garage
- Power company
- PSE
- Water company
- Well
- Sewer company
- Septic
- Garbage service
- Lemay
- Irrigation water rights
- No
- Internet connected
- Comcast/Xfinity
- Cable connected
- Comcast/Xfinity
Rooms & extras
- Bathtubs
- 2
- Showers
- 3
- Fireplaces on main
- 1
- Excluded items
- No
New construction
- New construction state
- Under Construction
- Estimated completion
- Jan 9, 2027
- Builder
- Shepard Family Homes
- Square footage source
- Architect Drawings
- Lot size source
- Public Records
- Effective year built source
- Public Records
Manufactured home
- Land lease
- No
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 4122 40th Lane SW
NWMLS via MLS Grid · Thurston County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Nov 6, 2026ListedNWMLS via MLS Grid · #2601772$1,299,500$404/sq ft
Mortgage payment forecast
$8,343 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Listing Broker: Morrison House Sotheby's Intl; Courtney K. Drennon; 360-790-0262; courtneylkelley@gmail.com
Market pulse
Tumwater is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 64 days.
Recent sales nearby
Within 1 mile · last 6 months$55,000 Sold
6 days ago
2 bd•2 ba•Single Family
4707 Black Lake Belmore Road SW #41, Olympia, WA 98512
8%
Under list
103
Days on market
0.5 mi
Distance
$465,000 Sold
1 week ago
3 bd•2 ba•~2,126 sq ft•Single Family
3939 Black Lake Boulevard SW, Tumwater, WA 98512
3%
Over list
172
Days on market
0.1 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 Nov 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of November 9, 2026 at 11:29 AM PT (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.
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© 2026 Northwest Multiple Listing Service. All rights reserved.
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