3062 Banks Lane SW, Olympia, WA 98512 | MLS #NWM2544733 | Berkshire Hathaway HomeServices Northwest Real Estate  
 
Listing provided courtesy of RE/MAX Parkside AffiliatesNWMLSas Distributed by MLSGrid- MLS# NWM2544733MLS Provider

3062 Banks Lane SWOlympia, WA 98512

Single Family · 3 Beds · 3 Full Baths · 1,968 Sq. ft. | 0.07 Acres
$619,900 Active

3062 Banks Lane SW Overview

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Welcome to The Overlook at Somerset Hills, this meticulously maintained residence offers panoramic views and refined living. Featuring 3 bedrooms and 3 bath, this 1,968 soft home showcases an open, contemporary floor plan enhanced by a dramatic wall of windows that flood the interiors with natural light, emphasizing breathtaking scenic views of the State Capitol, Mount Rainier, the Olympic Mountains, and the lake. The expansive rooftop deck provides an exceptional setting for relaxation or entertaining, offering unparalleled views. The flexible layout includes primary suites on two levels, supporting multi-generational living or guest accommodations. Additional highlights encompass soaring windows, bamboo flooring, and bright, open spaces. The modern kitchen is equipped with an eating bar and sleek finishes, promoting both style and functionality. A third bedroom allows for further versatility, ideal for guests or a home office. The exceptional rooftop deck, complete with a prep loft featuring a sink and mini-fridge, elevates outdoor entertaining. Conveniently located near shopping, schools, parks, and major freeways, this property presents a rare combination of striking design, prime location, and outstanding outdoor amenities.

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3062 Banks Lane SW Facts & Features

  • Type Single Family
  • Sq. ft. 1,968
  • Price/Sq.ft. $315
  • Lot 0.07 Acres

Details

General

Association/HOA

  • Association Fee: $65.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Common Area Maintenance

School Information

  • School District: Tumwater

Building Information

  • New Construction: No
  • Year Built: 2009

Location/Region

  • Country: US
  • County Or Parish: Thurston
  • MLS Area Major: 443 - Tumwater
  • Subdivision Name: Tumwater Hill

Community/Development

  • Community Features: CCRs

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: $5,077.00
  • Tax Year: 2026

General Information

  • Inclusions: Dishwasher(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s)
  • Listing Terms: Cash, Conventional, VA Loan
  • Parcel Number: 66990011800
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Building Information

  • Building Information: Built On Lot

Parking Information

  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 3
  • Bedrooms Lower: 0
  • Bedrooms Upper: 2

Building Interior

  • Appliances Included: Dishwasher(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s)
  • Building Area Total: 1968
  • Building Area Units: Square Feet
  • Calculated Square Footage: 1968
  • Square Footage Finished: 1968
  • Square Footage Unfinished: 0

General Information

  • Appliances: Dishwasher, Disposal, Refrigerator, Stove(s)/Range(s)
  • Cooling: Yes
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Bamboo/Cork, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Interior Features: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Fireplace, Pantry, Walk-In Closet(s), Water Heater, Wet Bar
  • Living Area: 1968
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Power Production Type: Electric,Natural Gas

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: Attached Garage
  • Parking Total: 2

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Curbs, Paved
  • Lot Size Square Feet: 3231
  • Lot Size Units: Square Feet
  • Site Features: Cable TV, High Speed Internet, Patio, Rooftop Deck
  • Topography: Level, Sloped
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: Yes
  • Roof: Flat, Torch Down
  • Structure Type: House

General Information

  • Carport: No
  • Covered Spaces: 2
  • Exterior Features: Cement Planked
  • Sewer: Sewer Connected

Room Information

Room: Bathroom Full

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Entry Hall

  • Level: Main

Room: Utility Room

  • Level: Main

Room: Bathroom Full

  • Level: Second

Room: Bathroom Full

  • Level: Second

Room: Bedroom

  • Level: Second

Room: Great Room

  • Level: Second

Room: Kitchen With Eating Space

  • Level: Second

Room: Primary Bedroom

  • Level: Second

3062 Banks Lane SW Neighborhood

Community

98512 (Tumwater) Demographics

40
Median Age
202
Population Density (per sq. mile)
46%
College Educated
$78,845
Estimated Median Income
8,439
Estimated Total Home Owners
3,931
Estimated Total Renters
68% / 32%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3062 Banks Lane SW Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3062 Banks Lane SW Market Data

Based on the last 30 days in this zip code

$580,975
Average List Price
$291
Average Price per Square Foot
37
Properties Sold
65
Average Days on Market
158
Properties for Sale
Calculations provided by Reliance Network

3062 Banks Lane SW History

Date Event Value Agent
6/25/2026Source: NWMLS Added to Database
June 25, 2026