315 24th Avenue Sw

Olympia, WA
$ 525,000 Beds 3 Baths 2 Sq 2,494
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 525,000
  • City
  • Olympia
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • THURSTON
  • Half Bathrooms
  • 0
  • Area
  • Olympia North
  • Lot Size
  • 0.74 Acres
  • Zip
  • 98501
  • Sqr Footage
  • 2,494
  • Year Built
  • 1937
  • Taxes
  • $ 590
  • Style
  • Traditional
  • MLS#
  • 2585593
Listed By: Windermere Mercer Island and NWMLS
Data Source: Northwest Multiple Listing Service (NWMLS)

Features

General

Living Area 2494
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing
Roof Composition
Appliances Dishwasher,Dryer,Refrigerator,Stove(s)/Range(s),Washer
Architectural Style Traditional
Security Features Partially Fenced
Year Built 1937
View Lake,Territorial
Levels One and One Half
Property Subtype Single Family Residence
Tax Year 2026
Waterfront Features High Bank
County Thurston
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name Olympia
Facing Direction West
Full Baths 1
Special Listing Conditions None
Status Active
Directions use GPS,home is through shared driveway on the far west end of 24th ave SW
High School Olympia High
City Olympia
Senior Community Y/N No
High School District Olympia
MLS Area 447 - Olympia North
Lot Size Units Square Feet
Lot Size Square Feet 32234
Carport Y/N No
Listing Terms Cash,Conventional,VA Loan
Elementary School Lincoln Elementary
Land Lease Y/N No
Tax Annual Amount 590
Middle/Junior High School Wash Mid
Property Condition Fixer
Public Remarks 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,its brimming with
Structure Type House
Building Area Units Square Feet
Standard Status Active
Property Style 17 - 1 1/2 Stry w/Bsmt
NWM_ShowMapLink Yes

Interior Features

Interior Amenities Dining Room,Fireplace,Loft,Water Heater
Basement Daylight,Partially Finished
Flooring Hardwood,Laminate,Vinyl,Carpet
Total Fireplaces 1
Fireplace Features Wood Burning
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N Yes
3/4 Baths 1
Total Bedrooms 3
Main Level Bedrooms 2
Total Baths 2
Water Heater Type electric
Water Heater Location basement
Fireplaces Main 1
Power Production Type Natural Gas,Wood
Baths Three Quarter Lower 1
Bedrooms Upper 1
Baths Full Main 1
Bathrooms 1.75

Exterior Features

Exterior Amenities Metal/Vinyl
Parking Features Driveway,RV Parking
Lot Features Dead End Street,Paved,Sidewalk,Value In Land
Water Source Public
Total Parking 6
Inclusions Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
Foundation Details Poured Concrete
Building Area Total 3316
Lot Size Acres 0.74
Waterfront Y/N Yes
Irrigation Water Rights Y/N No
Site Features Deck,Fenced-Partially,RV Parking
Parking Uncovered Total 6

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Vancouver, WA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Lincoln Elementary
Middle School Wash Mid
High School Olympia High

Price History

9/25/2026 Listed $525,000

Property vs Zip Code Average in 98501

Price
AVG $610K
$530K
Taxes
AVG $5,151
$590
Year Built
AVG 1992
1937

Areas That We Cover

315 24th Avenue Sw Olympia, WA is a Single Family Home for sale at $525000 with 2494 sqft and a lot size of 0.74 Acres Acre(s). 315 24th Avenue Sw Olympia has 3 bedrooms, 2 baths and was built in 1937. The property's zip code is 98501 which is in Olympia, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.