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$699,950

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,392 Sq. Ft.
  • Updated 2 hours ago

Next open house:

Open House: 5:00 PM - 7:00 PM

Friday 4/3 5:00 PM - 7:00 PM

3138 Banks Lane SW,Tumwater, WA 98512

3138 Banks Lane SWTumwaterWA98512

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Join us at 3138 Banks Lane SW on:

  • Open House: 11:00 AM - 2:00 PM

    Saturday 4/4 11:00 AM - 2:00 PM

    3138 Banks Lane SW,Tumwater, WA 98512
    3138 Banks Lane SWTumwaterWA98512
  • Open House: 11:00 AM - 1:00 PM

    Sunday 4/5 11:00 AM - 1:00 PM

    3138 Banks Lane SW,Tumwater, WA 98512
    3138 Banks Lane SWTumwaterWA98512

Listed by Scott Haase | John L. Scott Lacey | (360) 667-5100

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The Ultimate Eco-Luxury Retreat on Tumwater Hill! Experience the pinnacle of Tumwater Hill living at The Overlook. This architecturally distinctive Soho model sits on a rare rim lot, offering a 360° theater of the Pacific Northwest. Experience unmatched sustainability and significant energy savings with a premium 25-panel, 10kW solar system (producing ~10 MWh annually) designed to offset rising utility costs. Paired with a high-efficiency heat pump and a whole-house air purification system, this home ensures crisp summer AC and pristine indoor air quality year-round. Inside, expansive windows and vaulted ceilings are positioned to flood the home with natural light, highlighting the sleek bamboo flooring and open-concept layout. The gourmet kitchen features premium Café appliances, flowing effortlessly into open living spaces. Step outside to a secluded main-floor patio or ascend to the spectacular rooftop deck. This premier vantage point offers sweeping views of the Capitol dome, Puget Sound, the Olympic and Cascade Mountains, Mt. Rainier, and Mt. Baker. Entertaining is a breeze with an indoor wet bar and natural gas BBQ hookup. Adding to its rarity, this is the only home in the community with a true private driveway for expanded off-street parking. Perfectly located minutes from shopping and dining with easy access to I-5 and Hwy 101. Luxury, efficiency, and iconic views await.

Full Property Details for 3138 Banks Ln SW

General

  • Price: $699,950
  • HOA FEE: $65/month
  • Taxes: $5,883 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2490511
  • Updated: 4/1/2026
  • Added to Site: 13 day(s) ago

Interior

  • Interior Features: Bath Off Primary, Dbl Pane/Storm Window, Fireplace, High Tech Cabling, Pantry, Vaulted Ceiling(s), Water Heater, Wet Bar
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas
  • Appliances: Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Flooring: Bamboo/Cork, Ceramic Tile, Other

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper - Full Baths: 2
  • Main Floor Baths: 1
  • Main - 1/2 Baths: 1

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Upper: 3

Additional Information

  • Amenities: Cable TV, Electric Car Charging, Fenced-Partially, Gas Available, High Speed Internet, Patio, Rooftop Deck
  • Security/Safety: Partially Fenced

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Covered Spaces: 2
  • Parking Features: Attached Garage

Location

  • Area: 443 - Tumwater
  • County: Thurston
  • Subdivision: Tumwater Hill
  • Building Name: The Overlook
  • Driving Directions: I-5 to Hwy 101 exit. L over freeway on Crosby Blvd to top, L on Barnes Blvd & R on Blue Sky R. on Vista Verde, R on Banks Ln
  • Direction Faces: South

School Information

  • High School District: Tumwater
  • Elementary School: Tumwater Hill Elem
  • Middle School: Tumwater Mid
  • High School: A G West Black Hills

Community

  • Association: Yes
  • Assoc. Fees Include: Common Area Maintenance, Road Maintenance, Snow Removal

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: 90%+ High Efficiency, Heat Pump
  • Heating Type: 90%+ High Efficiency, Forced Air, Heat Pump
  • Water Heater: Gas

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: House
  • Builder: Carbon River
  • Exterior Const.: Cement Planked
  • Basement Desc.: None
  • Foundation: Poured Concrete
  • Roof: Torch Down
  • Entry Location: Main
  • Square Feet: 2,392
  • Finished Total: 2,392 Sq. Ft.
  • Year Built: 2008
  • Property Condition: Very Good

Lot Features

  • Property View: City, Mountains, Sound, Territorial
  • Lot Size (Acres): 0.1536
  • Lot Size (Sq. Ft.): 6,693
  • Lot Size Source: Realist
  • Topography: Level, Sloped
  • Lot Features: Curbs, Paved, Sidewalk

Financial Considerations

  • Association Fee: $65
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $5,883
  • Tax Year: 2026
  • Terms: Cash, Conventional, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Property ID: 66990010800
  • Lot Number: 108

Listed by Scott Haase | John L. Scott Lacey | (360) 667-5100

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Schools serving 3138 Banks Ln SW

School District:Tumwater School District
NameGradesDistance
Tumwater Hill Elementary School
3120 Ridgeview Loop Southwest, Tumwater, WA 98512
K-50.2 mi
Tumwater Middle School, Tumwater, WA
6335 Littlerock Road Southwest, Tumwater, WA 98512
6-81.7 mi
A G West Black Hills High School
7741 Littlerock Road SW, Tumwater, WA 98512
9-123 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3138 Banks Ln SW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/19/2026
Listed
$699,950
-3.46%
MLS
5/28/2022
Sold
$725,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3138 Banks Ln SW

Year
Property Taxes
Change
Tax Assessment
Change
2026
$11
-100%
$587,900
-3%
2025
$6,025
12%
$603,200
26%
2021
$5,388
-3%
$479,400
-15%
2023
$5,554
3%
$566,900
35%
2021
$5,388
—
$418,700
3%
2020
$5,378
3%
$405,200
-4%
2019
$5,246
3%
$421,600
7%
2018
$5,082
17%
$392,400
19%
2017
$4,345
-2%
$329,950
1%
2016
$4,437
4%
$325,500
4%
2015
$4,277
1%
$312,800
3%
2014
$4,232
—
$303,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Scott Haase | John L. Scott Lacey | (360) 667-5100

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3138 Banks Lane SW, Tumwater, WA 98512 (MLS# 2490511) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 3138 Banks Lane SW is currently listed for $699,950 and was received on March 19, 2026. Want to learn more about 3138 Banks Lane SW? Do you have questions about finding other Single Family real estate for sale in Tumwater? You can browse all Tumwater real estate or contact a Coldwell Banker agent to request more information.

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