UNIQUE & DESIRABLE Vacant Lot in Historic South Capitol Campus Neighborhood! Backing to Lincoln Elementary, find a serene backdrop of greenhouse gardens & untouched greenspace on 2 sides. Zoned R6-12, this property offers exciting possibilities for townhome/duplex development. Spanning a flat, level .1329 acres, it’s located @ the end of a low-traffic dead-end road, just a few blocks from the State Capitol & vibrant downtown Oly. The lot is already cleared, w/water/power available on-site & sewer access in the street. Bask in full sun and open skies across this rectangular 100’ x 57’ x 100’ x 58’ space, perfectly situated in charming urban setting surrounded by nature. Enjoy the benefits of the Olympia School District & quick access to I-5.
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.
We have added lot 1 to this lot, adding almost 6000 SF, creating over 11000 SF lot to build on, the owner did the leg work on this, it's ready to build, complete Critical Area Report is on file, this lot is tucked nicely off Henry and 12th: Olympia Schools, Easy close-in location. Contact the City of Olympia Urban Planning and Development for buildability.
Vacant lot right off I-5 close to all amenities! Owner is open to long term lease. Great zoning allows you to go vertical. All utilities are on the lot Including Water Sewer and Power. Property was a car wash fully paved lot. On bus line and close to on and off ramps. Close to all shopping and restaurants. Close to golf courses parks and schools.
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.
Zoned duplex or 2 SFRs w/ADU w/subdivide. Feasibility review approved w/City. Great walkable pocket neighborhood lot on dead-end street. Build a mult-gen. estate, w/ADU as add'l income. Keep subdivide as investment for later. Abuts large conservation area giving a serene setting for whole parcel, yet in the heart of it all. Close to Briggs Village, new Craft District, Downtown, I-5, shops, services. Very buildable, with gentle slope ideally suited for walkout basement to add height for enhanced view, add'l living space and/or storage. Tough preliminary work is done: Negotiated/recorded Easement; Wetland delineation; Geo-Tech study; Recent Survey. No visits onto lot w/o licensed broker. Not making more, so get this land for your future!
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.
Two parcels of land (totaling .65 acres) for sale in Olympia School District. Contact the City of Olympia Urban Planning and Development for buildability. This private setting minutes to everything in Olympia! Enjoy the secluded privacy and forest-like setting, and gentle slopes of the property. Zoned R-4-8. Parcel #'s 53700200100 and 53700200400.
Discover the endless possibilities with 2.5 acres of prime land! Located mere minutes from I-5 and downtown Olympia, this expansive parcel strikes the perfect balance of seclusion and convenience.Imagine creating your dream home in this serene haven, enjoying ultimate privacy without the hassle of homeowner association fees. With boundless potential, now is the time to carve out your own sanctuary. Don't let this remarkable opportunity slip away. Schedule your viewing today and start building your future!
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...
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.