Listed by Dove Realty, Inc.
$895,000
$20K PRICE DROP

5020 Gold Ridge Ln SW Olympia, WA 98512

Estimated payment $5,430/month

Total Views 6,177
3 Beds
2 Baths
2,124 Sq Ft
$421 Price per Sq Ft

Highlights

  • Rooftop Deck
  • RV Access or Parking
  • Secluded Lot
  • Black Lake Elementary School Rated A-
  • Gated Community
  • Territorial View

About This Home

Beautifully updated, extremely private home in a luxury community just minutes from Downtown Olympia. Located a half mile behind a locked gate with only five other homes, this property offers unmatched security and peace of mind. The 2,124 SF single-story home sits atop a 2,450 SF shop and features new flooring, quartz countertops, stainless appliances and spa-like primary bath. Spacious layout with a massive living room, abundant natural light and elevated deck with forested views. Private drive is a quarter mile long - your only surprise visitors are the deer. High speed internet (480mbps) and stunning natural surroundings complete this rare offering.

Listing Agent

Kyle Graham

Dove Realty, Inc. License #97318 Listed on: 06/02/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2382975

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,976

Year Built

  • Built in 2006

Lot Details

  • 5.47 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Gated Home
  • Secluded Lot
  • Level Lot
  • Sprinkler System

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 6 Car Attached Garage
  • Driveway
  • Off-Street Parking
  • RV Access or Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Stone Siding
  • Cement Board or Planked
  • Stone

Interior Spaces

  • 2,124 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • French Doors
  • Dining Room
  • Territorial Views
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Rooftop Deck
  • Patio

Utilities

  • High Efficiency Air Conditioning
  • Forced Air Heating System
  • High Efficiency Heating System
  • Heat Pump System
  • Propane
  • Well
  • Water Heater
  • Septic Tank
  • High Tech Cabling
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12831220102

Community Details

Overview

  • Jeff Yates Association
  • Secondary HOA Phone (360) 918-6037
  • Black Lake Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,976

Year Built

Built in 2006

Lot Details

0

HOA Fees

$10 per month

Parking

6

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 12 - 2 Story
  • Year Built: 2006
  • Inclusions: Dishwasher(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • MLS Status: Active
  • Prev Status: Active
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2124
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 121

Interior Features

  • Basement: None
  • Appliances: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl Plank
  • Interior Amenities: Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, High Tech Cabling, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Water Heater
  • Living Area: 2124
  • Bathrooms: 1.75
  • BathsFullMain: 0
  • SquareFootageFinished: 2124
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s)

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Dead End Street, Secluded
  • View: Yes
  • Waterfront: No
  • Construction Type: Cement Plank, Stone
  • Exterior Features: Cement Planked, Stone
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 6
  • Garage Spaces: 6
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Off Street, RV Parking
  • Total Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Security: Security Gate
  • Cooling: 90%+ High Efficiency
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Propane
  • CableConnected: Comcast
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Community Features: Gated
  • Senior Community: No
  • Association Fee: 10
  • Association Fee Frequency: Monthly
  • Phone: 360-918-6037
  • Association: Yes
  • AssociationContactName: Jeff Yates

Schools

  • Junior High Dist: Tumwater

Lot Info

  • Parcel Number: 12831220102
  • Topography: Level,Partial Slope,Rolling,Steep Slope
  • Land Lease: No
  • Lot Size Acres: 5.4706
  • Lot Size Sq Ft: 238299
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gated Entry,Irrigation,Patio,Rooftop Deck,RV Parking,Shop,Sprinkler System
  • MLSLotSizeSource: Tax Records
  • MLSSquareFootageSource: Tax Records

Green Features

  • Power Production Type: Electric, Propane

Tax Info

  • Year: 2024
  • Tax Annual Amount: 6976

Multi Family

  • EnergySource: Electric,Propane

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,796 $679,800 $267,300 $412,500
2023 $6,796 $619,200 $233,400 $385,800
2022 $5,784 $566,900 $185,500 $381,400
2021 $3,406 $466,300 $160,700 $305,600
2020 $5,054 $245,500 $107,900 $137,600
2019 $6,729 $358,100 $73,800 $284,300
2018 $6,061 $523,800 $77,100 $446,700
2017 $6,138 $443,050 $65,350 $377,700
2016 $5,882 $367,650 $66,250 $301,400
2014 -- $421,100 $53,200 $367,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Price Changed $895,000 -2.2% $421 / Sq Ft
06/02/2025 06/02/25 For Sale $915,000 +8.9% $431 / Sq Ft
10/22/2024 10/22/24 Sold $840,000 -2.9% $395 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
08/13/2024 08/13/24 For Sale $865,000 +57.3% $407 / Sq Ft
01/14/2021 01/14/21 Sold $550,000 0.0% $259 / Sq Ft
12/26/2020 12/26/20 Pending -- -- --
12/21/2020 12/21/20 For Sale $550,000 -- $259 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $840,000 Thurston County Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $284,000 New Conventional
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2382975

Northwest Multiple Listing Service (NWMLS)

APN: 12831220102