Listed by Christina Keller • Morrison House Sotheby's Intl. Bought with Seattle Works Real Estate.
Sold on may 2026
$1,200,000
3
bd
•
2.5 ba
•
2,282
sq ft
545 Summit Lake Shore Rd NW, Olympia, WA 98502
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About this home
Experience true lakefront living in this exceptional Summit Lake retreat, offering 100 feet of low-bank waterfront. Enjoy long, sun-soaked summer afternoons and breathtaking sunsets year-round. With minimal steps into the water, this property is perfectly suited for boating, swimming, paddleboarding, and endless days on the lake. Outdoor living is nothing short of extraordinary, with expansive decks and patios span each level of the home. The property features 3 private docks and 2 boathouses which are both equipped with automatic track systems for effortless launching and storage. A massive side deck provides the ideal setting for BBQs, gatherings, while the fully fenced grounds offer privacy. Inside, the Great Room welcomes you with warm pine floors, rich natural wood accents, and soaring 10-foot ceilings. Large windows frame stunning lake views on each floor. The cozy eat-in kitchen is designed for entertaining, featuring stainless steel appliances and abundant cabinetry. The vaulted third-floor primary suite is a private sanctuary, complete with a office nook, a spacious en-suite bath, washer and dryer, plus a private lakeview balcony. The lower level offers 2 bedrooms, a large full bath, washer and dryer, and direct access to the lake, making it ideal for guests or multi-generational living. Thoughtfully designed for both relaxation and recreation—an extraordinary escape built for lasting memories.
Single-familyProperty Type
1964Year Built
0.61 acresLot Size
$526Price/Sq.Ft.
4 spacesParking
Listed by Christina Keller• Morrison House Sotheby's Intl
Bought with Lisa Schenk• Seattle Works Real Estate
Est. $3,462 per month, based on comparable rentals
Sale and tax history for 545 Summit Lake Shore Rd NW
Sale History
Tax History
Date
Event
Price
May 15, 2026
Sold (MLS) (Closed)
NWMLS as Distributed by MLS Grid #2479170
$1,200,000
$526/sq ft
Apr 12, 2026
Pending
NWMLS as Distributed by MLS Grid #2479170
—
Mar 27, 2026
Price Changed
NWMLS as Distributed by MLS Grid #2479170
$1,245,000
$546/sq ft
Mar 4, 2026
Listed (Active)
NWMLS as Distributed by MLS Grid #2479170
$1,295,000
$567/sq ft
Aug 26, 2020
Sold (MLS) (Sold)
NWMLS as Distributed by MLS Grid #1625759
$916,300
$402/sq ft
Jul 11, 2020
Pending (Pending Inspection)
NWMLS as Distributed by MLS Grid #1625759
—
Jul 6, 2020
Listed (Active)
NWMLS as Distributed by MLS Grid #1625759
$924,500
$405/sq ft
Jun 30, 2000
Sold
Public Records
$200,000
$88/sq ft
May 1, 1985
Sold
Public Records
$78,000
$34/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$12,755 (+7.1%)
$333,300 + $797,200
$1,130,500
2025
$11,914 (−2.6%)
$333,300 + $797,200
$1,130,500
2024
$12,230 (+14.3%)
$350,700 + $737,500
$1,088,200
2023
$10,698 (−0.3%)
$398,100 + $710,200
$1,108,300
2022
$10,733 (+33.1%)
$387,900 + $598,100
$986,000
2021
$8,065 (−5.3%)
$365,700 + $500,600
$866,300
2020
$8,517 (+19.2%)
$285,100 + $305,000
$590,100
2019
$7,148 (+4.8%)
$235,100 + $374,900
$610,000
2018
$6,820 (+6.7%)
$209,700 + $289,600
$499,300
2017
$6,389 (−6.8%)
$209,700 + $289,600
$499,300
2016
$6,852 (+2.9%)
$275,000 + $208,600
$483,600
2015
$6,657 (+4.7%)
$243,600 + $275,500
$519,100
2014
$6,359 (−4.9%)
$240,800 + $224,400
$465,200
2013
$6,690 (−3.9%)
$240,800 + $224,400
$465,200
2012
$6,962 (+14.6%)
$240,800 + $221,400
$462,200
2011
$6,076 (−0.2%)
$266,000 + $245,500
$511,500
2010
$6,090 (−9.4%)
$252,000 + $222,400
$474,400
2009
$6,719
$234,700 + $302,000
$536,700
Public record
Public record
Zoning
Beds
3
Baths
2.5
Stories
2
Lot width
100 ft.
Lot depth
265 ft.
Lot size
26,546
Year renovated
2003
Sq. Ft.
2,282
Year built
1964
Style
Single Family Residential
County
Thurston County
APN
77200002300
Parking Spaces
4
Basement
Yes
Accessible
No
HOA Dues
—
Garage
No
Features
Views, Waterfront
Last updated by owner on May 17, 2026.
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
Parking
Parking Information
Covered Spaces: 2
Parking Features: Detached Carport, Driveway, Off Street
Site Features: Boat House,Cable TV,Deck,Dock,Fenced-Fully,Gated Entry,High Speed Internet,Outbuildings,Patio,Sprinkler System
Zoning Jurisdiction: County
Lot Features: Dirt Road, Drought Resistant Landscape, Paved
Lot Size Units: Square Feet
Lot Size Acres: 0.6094
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $12,754.73
Tax Year: 2025
Financial Information
Listing Terms: Cash, Conventional, FHA, VA Loan
Buyer Financing: Conventional
Utilities
Utility Information
Water Source: Lake
Water Company: Summit Lake- Water Cert on file
Power Company: PSE
Sewer: Septic Tank
Sewer Company: Septic
Water Heater Location: Lower Level bedroom closet
Water Heater Type: Electric
Cable Connected: Xfinity
Internet Connected: Xfinity
Location
School Information
Elementary School: Mclane Elem
Middle Or Junior High School: Jefferson Mid
High School: Capital High
High School District: Olympia
Location Information
Water Access: Deeded Access
Directions: I-5 to Hwy 101 to Hwy 8, R on Summit Lake Shore RD (first exit), R onto Summit Lake Shore RD NW, Driveway is on L, come down driveway to and home is on the R (pull under carport) do not block driveway
Topography: Level,Partial Slope
Community Information
Senior Exemption: false
Community Features: Boat Launch, CCRs, Club House, Gated, Park, Playground, Trail(s)
Public facts
Beds: 3
Baths: 2.5
Sq. Ft.: 2,282
Stories: 2.0
Parking Spaces: 4
Basement: Yes
Accessible: No
Lot Size: 0.61 acres
Style: Single Family Residential
Year Built: 1964
Year Renovated: 2003
County: Thurston County
APN: 77200002300
HOA Dues: —
Garage: No
Features: Views, Waterfront
Home facts updated by owner on May 17, 2026
Other
Listing Information
Buyer Brokerage Compensation: 2.5
Buyer Brokerage Compensation Type: %
Mls Status: Sold
Listing Date Information
On Market Date: Wednesday, March 4, 2026
Green Information
Power Production Type: Electric, Wood
Home Information
Living Area: 2,282
Calculated Square Footage: 2282
MLS Square Footage Source: Public Records
Building Area Total: 2282
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Year Built Effective: 2003
Effective Year Built Source: Public Records
Structure Type: House
Levels: Two
Security Features: Fully Fenced, Security Gate
Entry Location: Main
Around this home
Schools
McLane Elementary School
Public PreK-5 • Assigned • 6.2mi
4/10
Thurgood Marshall Middle School
Public 6-8 • Assigned • 7.6mi
7/10
Provided by GreatSchools
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, 14 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)
42
32
44
32
49
36
58
37
64
42
70
47
75
50
75
53
70
49
57
40
48
38
45
36
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
67/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
9.1 hrs
0.3 hr
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.31M – $1.59M
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