For sale Home

Listed Oct 14, 2026

$475,000 Est. $3,142/mo

315 24 Avenue Southwest

  • 3

    Beds

  • 2

    Baths

  • 2,494

    Sq ft

The story

  • Waterfront
  • Basement

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.

Facts & features

Home type

Home

Year built

1937

Lot size

1 acres

Price per sq ft

$190

Included features

  • Fireplace

    1 fireplace

  • Basement

    Yes

  • Heating

    Forced Air

  • Appliances

    Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer

  • Flooring

    Hardwood, Laminate, Vinyl, Carpet

  • Roof

    Composition

  • Lot Information

    Dead End Street, Paved, Sidewalk, Value In Land

  • Exterior

    Metal/Vinyl

  • Water Source

    Public

  • Sewer

    Sewer Connected

Mortgage calculator

Estimated monthly payment

$3,142 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $2,528
  • Property tax $475
  • Insurance $139

Includes principal, interest, taxes & insurance.

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Listing Broker

Windermere Mercer Island

Broker Name

Windermere Mercer Island

Agent

Jake Kanev