Google street view image for 515 Summit Lake Shore Rd NW, Olympia, WA 98502

Off market

$961,620

•

2.5 ba

•

2,230

sq ft

515 Summit Lake Shore Rd NW, Olympia, WA 98502

About this home

515 Summit Lake Shore Rd NW is a 2,230 square foot house on a 0.85 acre lot with 2 bedrooms and 2.5 bathrooms. Based on Redfin's Olympia data, we estimate the home's value is $961,620.

Single-familyProperty Type

1963Year Built

0.85 acresLot Size

$431Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$961,620

$10K since October

Recently sold homes
Estimate history

This home's estimate is 0.1% lower than the average sale price ($962K) of 6 comparable homes.

SOLD MAY 15, 2026
$1,200,000
A
3 beds2.5 baths2,282 sq ft
545 Summit Lake Shore Rd NW, Olympia, WA 98502
Listing provided by nwmls
SOLD AUG 13, 2026
$749,900
B
3 beds2 baths2,255 sq ft
4545 Steamboat Island Rd NW, Olympia, WA 98502
Listing provided by nwmls
SOLD JUN 30, 2026
$1,125,000
C
2 beds2 baths2,174 sq ft
2227 Summit Lake Shore Rd NW, Olympia, WA 98502
Listing provided by nwmls
SOLD SEP 4, 2026
$805,000
D
2 beds2.5 baths2,594 sq ft
7038 Foothill Loop SW, Olympia, WA 98512
Listing provided by nwmls
SOLD OCT 26, 2026
$1,075,000
E
3 beds3 baths2,558 sq ft
2922 Madrona Beach Rd NW, Olympia, WA 98502
Listing provided by nwmls
SOLD SEP 14, 2026
$820,000
F
3 beds3 baths3,406 sq ft
8036 Ellison Loop NW, Olympia, WA 98502
Listing provided by nwmls

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Earn from this home

Sell

$904,338

Est. take-home

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Rent

$3,316/mo

Redfin rental estimate

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Market trends in 98502, WA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.6%

0.6% MoM

Median sale price

$631K

$5K MoM

Avg. days on market

26d

8 days MoM

Recently sold homes

120

12 MoM

New listings for sale

$950,000
6 beds4 baths5,994 sq ft
2917 14th Ave NW, Olympia, WA 98502
Rachel Platt • Keller Williams South Sound
$549,000
3 beds2.5 baths2,039 sq ft
628 Miter Dr NW, Olympia, WA 98502
Andrew Farmer • Timber Real Estate
$899,995
3 beds2.5 baths2,675 sq ft
4305 Blubyrd Ln NW, Olympia, WA 98502
Joe Symonette • eXp Realty
EARLY ACCESS
$989,000
3 beds2 baths1,592 sq ft
7729 78th Loop NW, Olympia, WA 98502
$575,000
4 beds2 baths1,862 sq ft
2015 2017 8th Ct SW, Olympia, WA 98502
Brady Fuller • Windermere RE/Himlie
$520,000
4 beds4 baths2,101 sq ft
4305 Quail Run Loop NW Unit A&B, Olympia, WA 98502
Kim Piper • RE/MAX Advantage
$520,000
4 beds4 baths2,101 sq ft
4307 Quail Run Loop SE Unit A&B, Olympia, WA 98502
Kim Piper • RE/MAX Advantage
$445,000
3 beds1 bath1,437 sq ft
824 Dundee Rd NW, Olympia, WA 98502
Lisa Phipps • Better Properties Kitsap
See all

Provided by Redfin

Sale history for 515 Summit Lake Shore Rd NW

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2026

$11,983 (+1.6%)

$390,200 + $671,400

$1,061,600

2025

$11,794 (+2.3%)

$390,200 + $671,400

$1,061,600

2024

$11,527 (+8.7%)

$395,200 + $681,900

$1,077,100

2023

$10,606 (+2.6%)

$451,300 + $592,800

$1,044,100

2022

$10,342 (+10.6%)

$418,200 + $559,300

$977,500

2021

$9,350 (−6.0%)

$399,500 + $435,000

$834,500

2020

$9,949 (+17.8%)

$329,100 + $356,000

$685,100

2019

$8,443 (−0.1%)

$273,600 + $439,900

$713,500

2018

$8,452 (+11.0%)

$243,800 + $376,300

$620,100

2017

$7,617 (−7.6%)

$243,800 + $376,300

$620,100

2016

$8,247 (+2.0%)

$319,350 + $258,300

$577,650

2015

$8,082 (+4.3%)

$283,450 + $342,500

$625,950

2014

$7,749 (−5.2%)

$280,200 + $287,900

$568,100

2013

$8,170 (−4.8%)

$280,200 + $287,900

$568,100

2012

$8,585 (+14.4%)

$280,200 + $285,400

$565,600

2011

$7,502 (+23.4%)

$309,500 + $322,400

$631,900

2010

$6,078 (−7.8%)

$293,200 + $293,700

$586,900

2009

$6,592

$205,750 + $329,900

$535,650

Tax history for 515 Summit Lake Shore Rd NW

Year

Property tax

Land + Additions

Assessment*

2026

$11,983 (+1.6%)

$390,200 + $671,400

$1,061,600

2025

$11,794 (+2.3%)

$390,200 + $671,400

$1,061,600

2024

$11,527 (+8.7%)

$395,200 + $681,900

$1,077,100

2023

$10,606 (+2.6%)

$451,300 + $592,800

$1,044,100

2022

$10,342 (+10.6%)

$418,200 + $559,300

$977,500

2021

$9,350 (−6.0%)

$399,500 + $435,000

$834,500

2020

$9,949 (+17.8%)

$329,100 + $356,000

$685,100

2019

$8,443 (−0.1%)

$273,600 + $439,900

$713,500

2018

$8,452 (+11.0%)

$243,800 + $376,300

$620,100

2017

$7,617 (−7.6%)

$243,800 + $376,300

$620,100

2016

$8,247 (+2.0%)

$319,350 + $258,300

$577,650

2015

$8,082 (+4.3%)

$283,450 + $342,500

$625,950

2014

$7,749 (−5.2%)

$280,200 + $287,900

$568,100

2013

$8,170 (−4.8%)

$280,200 + $287,900

$568,100

2012

$8,585 (+14.4%)

$280,200 + $285,400

$565,600

2011

$7,502 (+23.4%)

$309,500 + $322,400

$631,900

2010

$6,078 (−7.8%)

$293,200 + $293,700

$586,900

2009

$6,592

$205,750 + $329,900

$535,650

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

RL2/1

Residential Lamird-Two Dwelling Unit Per Acre District

The purposes of this district are to: Establish a district that contains limited areas of more intensive rural residential development, consistent with RCW 36.70A.070(5)(d), that existed as of July 1, 1990 at a density of approximately two dwelling units per acre.; Provide for infill residential development at a maximum density of two dwelling units per acre, consistent with the development pattern established before July 1, 1990.; Provide development standards to assure that infill residential development is consistent with surrounding uses and can be accommodated without new urban level services.

Permitted uses

Include but are not limited to:

Agriculture
Housing-Single unit
Housing-Multiple units

Property details

Interior

Basement Information
Basement Sq. Ft: 1,140
Basement Finish: Finished
Basement Type: Partial Finished

Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 1
# of 3/4 Baths: 1
# of Bathroom Fixtures: 12

Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Heat Pump

Fireplace Information
# of Fireplaces: 1
Fireplace Type: Wood Stove
Has Fireplace

Exterior

Exterior Information
Physical Condition: Average
Foundation Type: Block
Building Style Type: Rambler
Building Construction Quality: Average
Roof Shape Type: Gable

Property Information
Subdivision Name: SUMMIT LAKE TR
Living Sq. Ft: 2,230
Ground Floor Sq. Ft: 1,630
Building Sq. Ft: 4,459
# of Units: 1
# of Stories: 1
Legal Description: SECTION 18 TOWNSHIP 18 RANGE 3W PLAT SUMMIT LAKE TRACTS LT 7 & 8 DOCUMENT 011/029

Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 3,789
Garage / Carport Type: Attached

Lot Information
# of Buildings: 2
Land Sq. Ft: 37,169
Legal Lot Number: 7
School Tax District: OLYMPIA
Municipality Type: 160
Municipality Name: CITY OF OLYMPIA
Acres: 0.8533
Depth Footage: 371
Front Footage: 100
Zoning Code: RL2/1
County Use Description: RESIDENTIAL SINGLE
State Use Description: RESIDENCES

Location Information
Parcel Location Influence: Lake Front

Utility Information
Sewer Type: Septic
Water Service Type: Well

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 2
Baths: 2.5
Sq. Ft.: 2,230
Stories: 1.0
Lot Size: 0.85 acres
Style: Single Family Residential
Year Built: 1963
Year Renovated: 1989
County: Thurston County
APN: 77200000700

Home facts updated by county records on Sep 18, 2026

Around this home

Schools

K - 12
Preschool & daycare

McLane Elementary School

Public PreK-5 • Assigned • 6.3mi

4/10

Thurgood Marshall Middle School

Public 6-8 • Assigned • 7.7mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 86° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

7 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Olympia, WA • 98502

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.5 hours in June and 1.8 hours in December, placing it below the U.S. average for solar exposure.

8.5 hrs

1.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$914,000 – $1.11M

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Listing provided by NWMLS as Distributed by MLS Grid

New listings for sale in 98502

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Listing provided by NWMLS as Distributed by MLS Grid

EARLY ACCESSREDFIN COMING SOON

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Low-bank waterfront • Direct deck access • 1.14 acre lot

$575,000

4 beds2 baths1,862 sq ft

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Updated kitchens • Heat pumps • Hardwood floors

Listing provided by NWMLS as Distributed by MLS Grid

$520,000

4 beds4 baths2,101 sq ft

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Vaulted ceilings • Skylights • Updated lvp flooring

Listing provided by NWMLS as Distributed by MLS Grid

$520,000

4 beds4 baths2,101 sq ft

4307 Quail Run Loop SE Unit A&B, Olympia, WA 98502

Vaulted ceilings • Skylights • Updated lvp flooring

Listing provided by NWMLS as Distributed by MLS Grid

$445,000

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Listing provided by NWMLS as Distributed by MLS Grid

Home values near 515 Summit Lake Shore Rd NW

Data from public records.

Address	Redfin Estimate
508 Summit Lake Shore Rd NW, Olympia, WA 3 Beds \| 2 Baths \| 1584 Sq. Ft.	$585,120
501 Summit Lake Shore Rd NW, Olympia, WA 3 Beds \| 2.5 Baths \| 3592 Sq. Ft.	$1,595,830
505 Summit Lake Shore Rd NW, Olympia, WA 1 Beds \| 1 Baths \| 822 Sq. Ft.	$399,456
511 Summit Lake Shore Rd NW, Olympia, WA 2 Beds \| 1 Baths \| 1582 Sq. Ft.	$718,970
505 Summit Lake Shore Rd NW, Olympia, WA 1 Beds \| 1 Baths \| 960 Sq. Ft.	$309,858
505 Summit Lake Shore Rd NW Apartment B, Olympia, WA 1 Beds \| 1 Baths \| 858 Sq. Ft.	$269,924
505 Summit Lake Shore Rd NW Apartment 3, Olympia, WA 1 Beds \| 1 Baths \| 868 Sq. Ft.	$228,291

Address	Redfin Estimate
539 Summit Lake Shore Rd NW, Olympia, WA 2 Beds \| 3 Baths \| 3294 Sq. Ft.	$1,440,321
505 Summit Lake Shore Rd NW, Olympia, WA 1 Beds \| 1 Baths \| 960 Sq. Ft.	$286,466
505 Summit Lake Shore Rd NW Apartment 2, Olympia, WA 1 Beds \| 1 Baths \| 822 Sq. Ft.	$321,915
509 Summit Lake Shore Rd NW, Olympia, WA 3 Beds \| 3.5 Baths \| 5037 Sq. Ft.	$1,988,232
443 Summit Lake Shore Rd NW, Olympia, WA 2 Beds \| 1 Baths \| 1332 Sq. Ft.	$509,095
505 Summit Lake Shore Rd NW Apartment D, Olympia, WA 1 Beds \| 1 Baths \| 932 Sq. Ft.	$328,608

Address	Redfin Estimate
521 Summit Lake Shore Rd NW, Olympia, WA - Beds \| - Baths \| 420 Sq. Ft.	$1,195,375
525 Summit Lake Shore Rd NW, Olympia, WA 3 Beds \| 3 Baths \| 3958 Sq. Ft.	$1,343,366
517 Summit Lake Shore Rd NW, Olympia, WA 2 Beds \| 1 Baths \| 918 Sq. Ft.	$590,319
533 Summit Lake Shore Rd NW, Olympia, WA 3 Beds \| 2 Baths \| 2694 Sq. Ft.	$947,628
445 Summit Lake Shore Rd NW, Olympia, WA 1 Beds \| 1 Baths \| 1040 Sq. Ft.	$481,096
505 Summit Lake Shore Rd NW Apartment 2B, Olympia, WA 1 Beds \| 1 Baths \| 858 Sq. Ft.	$293,699

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About this home

Redfin Estimate

Earn from this home

Market trends in 98502, WA

Sale history for 515 Summit Lake Shore Rd NW

Tax history for 515 Summit Lake Shore Rd NW

Zoning

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 98502

Home values near 515 Summit Lake Shore Rd NW

More real estate resources