1970 Cambridge Lane SW, Olympia, WA, 98512
About This Home
Set on a rare .67 acre point lot with 270+/- feet of no bank frontage, this Ken Lake retreat captures water views in nearly every direction. Designed in a striking Northwest Contemporary style, the 3,400+ square foot daylight rambler features 5 bedrooms and 4 baths, soaring 20 foot beamed ceilings, and a dramatic brick fireplace with raised hearth. Floor to ceiling windows in the living and dining areas frame the lake and fill the home with natural light, while gas fireplaces with custom live edge mantles add warmth and character. The kitchen offers custom cabinetry and storage, a charming Bavarian corner nook, and seamless flow to gathering spaces overlooking the water. The primary suite enjoys tranquil views and an updated bath. A permitted chair lift, copper sinks, new carpet and paint complement thoughtful improvements including custom pavers, refreshed water and gas lines, and Andersen windows and sliders. Meandering paths lead to ponds, gazebos, a greenhouse, craft shed, fully fenced, fire pits and a lakeside patio wired for a hot tub. Swim, fish, kayak, or simply relax and watch local wildlife from your own shoreline. Community parks and a swim beach enhance this in town lakefront lifestyle, all tucked into a quiet cul de sac setting in Ken Lake. It's an entertainers dream! Don't let this go! (*Some rooms are virtually staged*)
Getting Around
Car-Dependent
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1967
Materials
- Foundation: Poured Concrete
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: 2 Story
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Refrigerator,Stove(s)/Range(s),Dishwasher(s),Refrigerator(s)
Basement
- Has basement: Yes
- Basement: Daylight
Bathroom Full
- Level: Main
Bathroom Three Quarter
- Level: Lower
Bathroom Three Quarter
- Level: Lower
Bathroom Three Quarter
- Level: Main
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 1
- 3/4 bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 1
Bonus Room
- Level: Lower
Dining Room
- Level: Main
Entry Hall
- Level: Main
Features
- Bath Off Primary,Central Vacuum,Ceiling Fan(s),Dining Room
- Window features: Dbl Pane/Storm Window
- Flooring: Bamboo/Cork,Ceramic Tile,Carpet
- Number of fireplaces: 3
- Fireplace features: Gas,Lower Level: 1,Main Level: 1,Upper Level: 1,Fireplace
- Fireplace: Yes
Heating & Cooling
- Heating features: Fireplace,Baseboard,Radiant,Electric,Natural Gas
- Cooling features: Radiant
Interior Area
- Total structure area: 3,437
- Total interior livable area: 3,437 sqft
Kitchen With Eating Space
- Level: Main
Master Bedroom
- Level: Main
Utility Room
- Level: Main
Property
Details
- Parcel number: 58320006400
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Bath Off Primary,Built-In Vacuum,Ceiling Fan(s),Dbl Pane/Storm Window,Dining Room,Fireplace,Sprinkler System,Vaulted Ceiling(s),Walk-In Closet(s)
- Has spa: Yes
- Has view: Yes
- View description: Lake,See Remarks
- Has water view: Yes
- Water view: Lake
- On waterfront: Yes
- Waterfront features: Lake,No Bank
- Frontage length: Waterfront Ft: 270+ Buyer to Verify
- Topography of land: Level
- Residential vegetation: Garden Space
Lot
- Lot size: 0.67 Acres
- Features: Cul-De-Sac,Drought Resistant Landscape,Paved,Secluded,Cabana/Gazebo,Cable TV,Deck,Dog Run,Fenced-Fully,Gas Available,Gated Entry,Green House,High Speed Internet,Hot Tub/Spa,Irrigation,Outbuildings,RV Parking,Sprinkler System
Parking
- Total spaces: 3
- Parking features: Attached Carport,Driveway,Attached Garage,RV Parking
- Has garage: Yes
- Covered spaces: 3
- Carport: Yes
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
- Heat Wave
- Inland Flooding
- Landslide
How This Home’s Risks Compare
FEMA Declared Disasters in Thurston County and Washington
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,557 | $66,684 |
| Home Insurance * | $270 | $3,240 |
| Property Taxes | $927 | $11,124 |
| Electricity | $235 | $2,821 |
| Total | $6,989 | $83,868 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-07 | Price change | $1,225,000 |
| 2026-04-20 | Price change | $1,265,000 |
| 2026-02-28 | Listed for sale | $1,300,000 |
| 2016-09-07 | Sold | $519,719 |
| 2013-07-05 | Sold | $510,000 |
| 2013-01-19 | Listed for sale | $530,000 |
| 2012-06-18 | Sold | $338,500 |
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