Black Lake Homes under $500,000

Welcome to Black Lake, a hidden gem nestled in the heart of Olympia, Washington! This charming neighborhood offers a perfect blend of natural beauty and suburban convenience, making it an ideal place for families, retirees, and anyone seeking a peaceful retreat just minutes from the city.

One of the standout features of Black Lake is its stunning namesake—a serene body of water that invites residents to indulge in outdoor activities like fishing, kayaking, and picnicking. The surrounding lush greenery and well-maintained parks provide ample opportunities for leisurely strolls, weekend barbecues, and quality time with loved ones. Nature enthusiasts will appreciate the nearby trails that wind through the picturesque landscapes, offering a perfect escape into the great outdoors.

In addition to its natural allure, Black Lake boasts a welcoming community atmosphere. Neighbors here are friendly, and local events foster a sense of belonging, making it easy to connect with others. The area is served by reputable schools, ensuring that families have access to quality education.

For homebuyers seeking affordability without compromising on lifestyle, Black Lake is an excellent choice. With a variety of homes available under $500,000, you can find charming single-family residences and cozy townhouses that cater to diverse needs and preferences. Whether you’re a first-time buyer or looking to downsize, Black Lake offers options that fit your budget.

Experience the tranquility and charm of Black Lake—where community spirit meets the beauty of nature, all within reach of Olympia’s vibrant amenities. Come discover your dream home in this enchanting neighborhood today!

Newest Black Lake Homes under $500,000

$365,500

3 Beds ⋅ 1 Baths ⋅ 2597445 MLS ⋅ ACTIVE Status

So much potential to make this home your own! Situated on a double corner lot with a fully fenced yard, this 3-bedroom home offers room to spread out and make it your own. The converted garage provides extra living space, while the oversized laundry room offers plenty of additional storage. Enjoy all the amenities of Evergreen Shores Beach Club, situated on 11 acres of beautiful Black Lake, featuring water access, a private boat launch, fishing and boating dock, and designated swimming area. Community amenities also include a swimming pool, basketball court, playground, and clubhouse. Located in the Tumwater School District and just 10 minutes from Olympia’s West Side, this home offers a great opportunity to add your personal touches and enjoy all that lake community living has to offer!

5028 74th Avenue SW, Olympia

Listing Broker: Century 21 Van Dorm Realty; Christina Foppiano; 360-280-8734; cfoppi@hotmail.com

$450,000

3 Beds ⋅ 2 Baths ⋅ 2585504 MLS ⋅ ACTIVE Status

Welcome home to a thoughtfully updated home offering comfort, peace of mind, and an inviting community lifestyle. Major improvements have already been completed, including a new electrical panel, plumbing upgrades including a new sewer line, new hot water heater, and a 30-year roof. Additional updates include all new windows, new gutters and downspouts and a repaired and professionally cleaned chimney, just in time for those chilly autumn nights. Enjoy the confidence that comes with having many of the home's important systems and exterior components recently updated, allowing you to focus on making the home your own. Beyond the property, enjoy access to the community clubhouse, swimming pool, and lake, offering opportunities for recreation, relaxation, and enjoying the outdoors. With an extensive list of updates and desirable amenities, this home offers a wonderful opportunity to enjoy comfortable living in a welcoming Olympia community. Come see the updates, appreciate the value, and discover everything this sweet home has to offer!

7830 Box Elder Drive SW, Olympia

Listing Broker: RE/MAX Northwest; Ellyn Nereim; 425-943-0165; ellyn@nereimrealty.com

$370,000

3 Beds ⋅ 2 Baths ⋅ 2498365 MLS ⋅ ACTIVE Status

Welcome to this beautifully remodeled home in Olympia that also offers community access to Black Lake. Inside you will find a modern, updated kitchen with an island that offers more prep space for entertaining. Quartz countertops, pretty pendant lights, sleek white cabinets and stainless appliances. There is also room for a wine/drink fridge if you so desire. Not just one bathroom but two! Both bathrooms offer tile floors, gorgeous tile showers with a niche and modern fixtures as well as glass showers doors. New cabinets with quartz countertops and beautiful lit mirrors. This home also features durable LVP flooring throughout the living areas and bedrooms. There is a separate space that is partially divided to give you two great areas, not just one. Skylights in the bonus area help with natural lighting. Outside you will find that the home has recently been painted and the roof was replaced in 2025. The house is surrounded by mature trees to help give you the feel of privacy from your neighbors and shade from the sun. Enjoy time with loved ones entertaining on the oversized back deck and the additional covered back patio. Want to enjoy the amenities of the community? This house is close to the community park and boat launch for even more outdoor fun.

5323 77th Court SW, Olympia

Listing Broker: RE/MAX Country; Karena Peterson; 253-691-7116; karenafromremax@gmail.com

$199,950

2 Beds ⋅ 1 Baths ⋅ 2451981 MLS ⋅ ACTIVE Status

Enjoy lakeside living on Black Lake in Olympia with this waterfront gem! This home features brand-new hardwood floors, a remodeled bathroom, and a private EV charging station. With stunning lake views from your windows and community amenities like boat storage and direct lake access, this is the perfect spot for a peaceful, adventure-ready lifestyle.

4045 49th Avenue SW Unit #55, Olympia

Listing Broker: Skyline Properties, Inc.; Arron Carr; 253-883-9421; arron@skylineproperties.com

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Black Lake Homes under $500,000

Newest Black Lake Homes under $500,000

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