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2019 Capitol Way S, Olympia, WA, 98501

7beds
5baths
4,161sqft
$929,950
$223price/sqft
$5,983/moest. monthly cost
$239,320/yrincome needed

About This Home

Welcome home to this stunning Craftsman in the coveted South Capitol Campus neighborhood! Featuring 7 bedrooms, 4.5 bathrooms, and 4,161 sq. ft., this historic home blends timeless character with thoughtful modern updates.Originally used to house Congressional members, this one-of-a-kind property is filled with vintage charm, abundant natural light, beautiful bay windows, and multiple decks and patios. Located just blocks from the Capitol Campus, shops, restaurants, and more, it offers an unbeatable location.All bathrooms have been tastefully remodeled within the past five years while preserving the home's classic appeal. The spacious primary suite features a private 3/4 bath and a wraparound deck with views of the Capitol building. Three newer mini-split systems provide comfort on the upper level, and newer stainless steel appliances are included.Additional updates include durable Hardie Plank siding and a 35-year composition roof installed within the past 10 years.Currently operating as a successful investment property configured for communal living, this home offers excellent income potential and could easily transition into a spacious single-family or multi-generational residence. Opportunities like this are rare in the highly sought-after South Capitol Campus neighborhood!

Getting Around

60
WalkingSomewhat Walkable
45
TransitSome Transit
75
BikeVery Bikeable

Schools

7/10
8/10
Washington Middle SchoolGrades 6-81.7 mi
9/10
Olympia High SchoolGrades 9-121.3 mi

Construction

Condition

  • Property condition: Very Good
  • Year built: 1910

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Cement Planked,Wood Siding,Wood Products,Cement Plank

Notable Dates

  • Major remodel year: 1972

Type & Style

  • Home type: SingleFamily
  • Architectural style: Mid-Century Modern,3 Story w/Bsmt
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Washer(s),Water Heater: 1-Electric/1-Gas,Water Heater Location: Closet

Basement

  • Has basement: Yes
  • Basement: Finished

Bathroom Full

  • Level: Third

Bathroom Full

  • Level: Second

Bathroom Three Quarter

  • Level: Second

Bathroom Three Quarter

  • Level: Lower

Bathroom Three Quarter

  • Level: Main

Bedroom

  • Level: Third

Bedroom

  • Level: Third

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Lower

Bedroom

  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 5
  • Full bathrooms: 2
  • 3/4 bathrooms: 3
  • Main level bathrooms: 1

Bonus Room

  • Level: Third

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Family Room

  • Level: Lower

Features

  • Bath Off Primary,Ceiling Fan(s),Dining Room,Pantry
  • Door features: French Doors
  • Window features: Dbl Pane/Storm Window,Skylight(s)
  • Flooring: Ceramic Tile,Laminate,Vinyl,Carpet
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning,Main Level: 1,Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace,90%+ High Efficiency,Ductless,Forced Air,Electric,Natural Gas,Wood
  • Cooling features: Ductless

Interior Area

  • Total structure area: 4,161
  • Total interior livable area: 4,161 sqft

Kitchen With Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Second

Utility Room

  • Level: Lower

Property

Details

  • Parcel number: 39600400301
  • Zoning description: Jurisdiction: City
  • Special condition: Standard

Features

  • Entry location: Main
  • Patio & porch: Bath Off Primary,Ceiling Fan(s),Dbl Pane/Storm Window,Dining Room,Fireplace,French Doors,Hot Tub/Spa,Pantry,Skylight(s),Vaulted Ceiling(s),Walk-In Closet(s),Water Heater
  • Has spa: Yes
  • Spa features: Indoor
  • Has view: Yes
  • View description: City
  • Topography of land: Level
  • Residential vegetation: Garden Space

Lot

  • Lot size: 4,504 sqft
  • Features: Corner Lot,Curbs,Paved,Sidewalk,Cable TV,Deck,Gas Available,High Speed Internet,Hot Tub/Spa,Patio

Parking

  • Total spaces: 4
  • Parking features: Driveway,Off Street
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Coastal Flooding
    Coastal FloodingModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Coastal Flooding
Inland Flooding

FEMA Declared Disasters in Thurston County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,702$56,424
Home Insurance *$212$2,544
Property Taxes $785$9,420
Electricity $284$3,415
Total$5,983$71,796
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$205,131/yr
40% on housing$179,490/yr
45% on housing$159,546/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.8%
10.8%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$223This listing

vs Other Active Listings

Avg $/sqft

ZIP 98501$249
Thurston County$297

vs Homes Sold Last Month

Median $/sqft

ZIP 98501$268
Thurston County$285

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-16Listed for sale$929,950
2016-03-15Sold$340,000
2016-01-19Pending sale$365,000
2015-09-18Listed for sale$365,000
2011-04-03Listing removed$399,000
2010-03-26Listed for sale$399,000
2009-08-28Listing removed$420,000
2009-03-28Price change$420,000
2008-10-13Listed for sale$435,000
2005-09-20Sold$368,988

For Sale by Agent

AgentGuy Duvall
BrokerageJohn L. Scott Lacey

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