Investors welcomed! Motivated seller ready to part with City of Olympia lot.City water & power in street. Sewer at the South corner of the block & is required. Look out for old foundation excavation hole that was dug, when looking at property. Mostly flat terrain and slight slope towards rear corner. Olympia schools, and close to downtown shopping, restaurants, parks & transportation. No HOA. Please check with City for their requirements.
Investment Opportunity! Discover a 14,475 sqft wooded lot nestled in a well-established residential neighborhood. Zoned R-6-12 for two-family residences, this property offers water, sewer, gas, and electricity access. It’s the perfect canvas to build your dream home! Ideally situated just minutes from shops, parks, and downtown Olympia. Don't miss out on this fantastic opportunity!
OLYMPIA CORE RESIDENTIAL DEVELOPMENT OPPORTUNITY ON 3.31 ACRES!!! Preliminary Plat for 16 Townhomes...! Project located off Middle Street (just down from Olympia High School...)/Henderson Blvd. Work done to date: SITE PLANS, CIVIL PLANS, DRAINAGE PLAN, STORM PLAN, PEST MANAGEMENT REVIEW, GEO/SOILS, TOPOGRAPHY, SEPa (with comments). Owner will deliver all these to buyer and if potential buyer wishes, they can do Single Family Homes here too!
East Olympia 10 Acre Dream Property. If you have been looking for that perfect estate like property, this is it. This land actually looks like a park. All flat and usable. With 100 year old old growth trees. In a zoning of one home per 5 acres. Allows potential to split into two 5 acre lots per zoning. Has been perked for standard type of septic system. Tumwater schools. This is a really special one of a kind property, in a super private area of custom homes that you must see to appreciate. There is also a neighboring 5 acre lot available.
Discover your next oasis with this rare opportunity to own 5.12 acres of land offering both seclusion and privacy right here in the Tumwater school district. Perfect for building your dream retreat, this expansive lot provides ample space for creative architectural designs and outdoor amenities. With its unique location being close in to town and I-5, this property provides a park like setting with majestic old growth trees that you've been dreaming of. Access to river negotiable. Perc test & well quote completed. Neighboring lot is owned by WA Dept. Of Fish and Wildlife. Please do not go to property without an appointment with your Real estate agent. 10 Acre lot off same driveway available for purchase as well.
Lakefront lot on D'Miller Lake, with the Woodland Trail (Chehalis Trail) conveniently located just across the private road. Prime location, close to shopping, I-5, and downtown Olympia. A well is already installed on property. Power runs along the property. Buyer to perform their own due diligence on the property's potential.
*VACANT* Luxury Living and Income streams in the Heart of Downtown Olympia Nestled in the vibrant downtown corridor of Olympia, this exceptional vacant lot presents an unparalleled opportunity to create a luxurious duplex or fourplex living experience. While earning and income from long term lease, legislature session or short term rental. With all the necessary headache completed, including a comprehensive SURVEY, ENGINEERING, ARCHITECTURAL DESIGN, and GEOTECH analysis, this prime location is primed for your income dream development. Property currently has small shed. Listed with HomeRise.
A fabulous development opportunity located within the City of Olympia jurisdiction: premium potential to build your dream home or to add to your investment portfolio. Three separate tax parcels combining to nearly an acre of land. Instant equity! Listed at over $32k below assessed value. Raw land, ready for development. Zoning R 4-8 allows for 4-8 units per acre with the option for single family, duplex, triplex, or fourplex. Manufactured homes allowed! Public utilities are just blocks away (water & sewer) to be connected to. Tucked away in the tall trees, surrounded by nature, yet with direct access to the Historical District of downtown Olympia, with Lacey shopping at your fingertips.
An exceptional opportunity presents itself with this multi-family development prospect in Olympia, WA. Situated off of Martin Way, a bustling thoroughfare, between three recently established and fully occupied multifamily developments, this parcel is primed for similar success. Preliminary conceptual plans indicate the potential for up to 60 units. Its advantageous proximity to St. Peter's Hospital underscores its strategic location. Centrally positioned between Olympia and Lacey, tenants will enjoy convenient access to a variety of amenities including retail, dining, and Interstate-5, facilitating a seamless commute to Joint Base Lewis McChord (JBLM) for military personnel, as well as civilian, and state employees.
LAST LARGE LOT ON YELM HIGHWAY - 8.83 acres! High Traffic Counts (~30,000 vpd), and mostly flat and cleared. All Utilities available on both Rich Rd and Yelm Hwy! Zoned Commercial/Multi-Family/Retail/Office/Medical--- all possible! LOWE'S, WAL MART, SAFEWAY, QFC, STARBUCKS, BURGER KING, MC DONALDS, TACO BELL, CHIPOTLE, RITE AID....are all nearby! Seller Financing or Participation may be possible with the right buyer and terms...
Opportunity time! This ideally located .34 acre site is zoned Urban Residential and is sited so conveniently close to office buildings, downtown, and the freeway in a high density job area. Urban Residential requires no minimum/maximum unit/acre density requirements. 55' height restriction. Would appear to provide 20-25 units on site.
6.63 Acres of Development Land w/ MFM Zoning which permits all configurations of multi-family, townhouses, rowhouses, manufactured home parks, senior housing, cottage housing, & more. Density of 9-15 units/acre, but possible to increase to 20 units/acre by incorporating permanently affordable housing units. Max height of 40 ft. Level topo & no wetlands. Mostly treed w/ some clear areas. Water & Sewer are about 1300 ft away along Hwy 99 with plans in place to run the lines past property to near intersection. At max density, this property could produce 99 units at $19.9K/unit. By incorporating the max affordable housing units, it could yield 133 units at $14.8K/unit. Priced at $6.84/SF. Located w/in the UGA of Tumwater.
The median home value in Olympia, WA is $472,500. This is lower than the county median home value of $495,000. The national median home value is $338,100. The average price of homes sold in Olympia, WA is $472,500. Approximately 46.49% of Olympia homes are owned, compared to 49.4% rented, while 4.12% are vacant. Olympia real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Olympia real estate agent to arrange a tour today!
Olympia, Washington 98501 has a population of 54,579. Olympia 98501 is less family-centric than the surrounding county with 30.52% of the households containing married families with children. The county average for households married with children is 31.46%.
The median household income in Olympia, Washington 98501 is $67,975. The median household income for the surrounding county is $81,501 compared to the national median of $69,021. The median age of people living in Olympia 98501 is 38.4 years.
The average high temperature in July is 77.1 degrees, with an average low temperature in January of 33.9 degrees. The average rainfall is approximately 52.7 inches per year, with 6 inches of snow per year.