$475,000
 $2,550 est/mo Sourced by Back At You

315 24 Avenue,Olympia, WA 98501

Olympia, WA 98501

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Description

Opportunity abounds on this huge 3/4-acre high bank lakefront property in the historic Capitol Lake Neighborhood! With a spacious existing home and the potential for big lake views, it's brimming with possibilities for sweat equity or a fresh start. Add your own renovations to the home's original 1937 charm, which includes period details like exposed timber beams, wood paneling, hardwood floors, and a masonry fireplace. Perched above a private trail down to the lake, it's perfectly positioned to take advantage of the scenery. OR bring your contractor and design the lake view home of your dreams. Either way, you'll benefit from the $400million Capitol Lake restoration project currently underway. You'll also reap the rewards of a fabulous location in one of Olympia's nicest neighborhoods, just minutes to the Capitol Building, downtown Olympia, downtown Tumwater, and freeway access. Location, lakefront, and a lovely setting...all this property needs is your vision.

Details

MLS #2594307
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1937
Days On Site8
Listing Provided ByWindermere Mercer Island | Jake Kanev

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet2,494
BasementY
Acreage0.74
Water FrontYes
Property ViewYes

Taxes

Property590

Area Information

StateWA
CountyThurston
CityOlympia
Zip Code98501
Area447 Olympia North
Community NameOlympia
School DistrictOlympia High
Elementary SchoolLincoln Elementary
High SchoolOlympia High
Listing VS Median (in Olympia)
Price:
$475,000
low | high
Med:
$560,000
32.105263157895% of Average
sqft:
2,494
low | high
Med:
2,192
62.109061748196% of Average
$ / sqft:
$190
low | high
Med:
$255
15.86246638494% of Average
On site:
8
low | high
Med:
13
61.538461538462% of Average
Sourced by Back At You

Market Activity 98501

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Learn More About This Property

StateWA
CountyThurston
CityOlympia
Zip Code98501
Area447 Olympia North
Community NameOlympia
School DistrictOlympia High
Elementary SchoolLincoln Elementary
High SchoolOlympia High
Listing VS Median (in Olympia)
Price:
$475,000
low | high
Med:
$560,000
32.105263157895% of Average
sqft:
2,494
low | high
Med:
2,192
62.109061748196% of Average
$ / sqft:
$190
low | high
Med:
$255
15.86246638494% of Average
On site:
8
low | high
Med:
13
61.538461538462% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $356K - $593K
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
1612 Capitol Way Property Photo 1
$524,950
1612 Capitol Way
Olympia, WA 98501
Listing Updated: October 16, 2026 at 3:58:44 PM PDT