315 24th Avenue SW, Olympia, WA 98501 (MLS # 2585593)

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Listing provided courtesy of Northwest MLS; Windermere Mercer Island

PRICE $525,000 dsIDX morgage calculator
BEDS 3
BATHS 1.75
HOME SIZE 2,494 sqft
LOT SIZE 32,235 sqft
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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.

LAST UPDATED 9/25/2026 TRACT Olympia
YEAR BUILT 1937 COMMUNITY Olympia
COUNTY Thurston STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Lincoln Elementary
Jr. High School Wash Mid
High School Olympia High


ADDITIONAL DETAILS
AIR None
APPLIANCES Dishwasher, Dryer, Electric Water Heater, Refrigerator, Washer, Water Heater
AREA 447 - Olympia North
BASEMENT Daylight, Partially Finished, Yes
CONSTRUCTION Metal Siding
FIREPLACE Yes
HEAT Forced Air, Natural Gas, Wood
INTERIOR Dining Room, Fireplace, Loft, Water Heater
LOT 0.74 acre(s)
LOT DESCRIPTION Dead End Street, Paved, Sidewalk, Value In Land
MLS STATUS Active
PARKING Driveway, RV Access/Parking
STORIES 1.5
STYLE 17 - 1 1/2 Stry w/Bsmt
SUBDIVISION Olympia
TAXES 590
UTILITIES Sewer Connected
VIEW Yes
VIEW DESCRIPTION Lake, Territorial
WATER Public
WATERFRONT Yes
WATERFRONT DESCRIPTION Waterfront
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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 9/26/26 6:13 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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