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South Capitol House for Sale

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    $575,000

    • 2 Beds
    • 2 Baths
    • 1,316 Sq Ft

    2011 Water St SW, Olympia, WA 98501

    What a stellar South Capitol location with great views of Capitol Lake! On a street of fine old homes. Modest, cozy home w/ elements of Old World charm and beautiful, recently refinished red oak floors. Ideal multi-generational property. ATTRACTIVE OWNER FINANCING!

    Spence Weigand Virgil Adams Real Estate, Inc.

    2011 Water St SW, Olympia, WA 98501

Why Live in South Capitol

South Capitol in Olympia is a predominantly residential neighborhood known for its early 20th-century homes, including Craftsman bungalows and two-story houses, with some midcentury ranch-style homes. The area features small, well-maintained yards and old-growth trees, contributing to its historic charm. Capitol Lake, on the western edge, offers popular walking and jogging paths, while Stevens Field on the east side provides playgrounds and softball fields. The Washington State Capitol Building and Campus on the north side are open to the public, showcasing memorials, gardens, and neoclassical architecture. Although shopping and dining options within the neighborhood are limited, residents enjoy the Olympia Baking Company and the convenience of Frog Pond Grocery. For more extensive shopping and dining, downtown Olympia is less than a mile away, featuring the Olympia Farmers Market, and West Olympia’s commercial district is a 4-mile drive. The neighborhood is highly walkable, with many residents opting to walk or bike downtown. Interstate 5 provides easy commuting, with Joint Base Lewis-McChord less than 15 miles away and Tumwater just 2 miles south. Public transportation is accessible via multiple Intercity Transit bus routes. The highly rated public schools in the area are part of the Olympia School District, with Avanti High School notably offering a unique in-school bike shop program.

Home Trends in South Capitol, WA

Housing Trends

Median Sale Price
$600,000
Median Single Family Sale Price
$600,000
Median Townhouse Sale Price
$581,000
Average Price Per Sq Ft
$346
Number of Homes for Sale
1
Last 12 months Home Sales
21
Months of Supply
0.60
Median List Price
$599,999
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-13%
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