2602 Marvin Road SE, Olympia, WA 98503
Listed by Polly Barber, Virgil Adams Real Estate, Inc.
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Jeff Reynolds · Managing Broker, Compass
Start with a focused 15-minute call, then tour with a clear due-diligence plan.
- Land
- Type
- 260,675 sq ft
- Lot
- 113
- Days on market
About this property
New on the market, 5.99 (SHY 6) acres providing an excellent investment opportunity. There are a few structures on the property but the value is in the land. This listing consists of two parcels: Parcel #11826120104 (3.47 ac) and Parcel #11826120102 (2.52 ac). The property is zoned moderate density and is within the Urban Growth Area of Lacey. Property has Timber on it, which has been “Cruised” to establish a value. City Sewer and water on Marvin Rd SE. This property offers very quick access to I-5 with an abundance of shopping, dining and recreational opportunities (including the Regional Athletic Center (RAC) in the Hawks Prairie area.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #1885029
- Listed
- February 8, 2022
- Days on market
- 113
Views
- View
- Territorial
Construction
- Style
- 40 - Res-Less thn 1 Ac
- Structure
- None
Lot
- Lot size
- 260,675 sq ft
Terms
- Terms offered
- Cash OutConventional
Utilities
- Water
- Shared Well
- Sewer
- On Property
Schools
- District
- North Thurston
- Elementary
- Buyer To Verify
- Middle
- Buyer To Verify
- High
- Buyer To Verify
Listing history
Listed
$1,800,000
February 8, 2022
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$10,482
- Principal & interest
- $9,102
- Property tax (est.)
- $1,380
Assumes $360,000 down (20%), a $1,440,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of August 14, 2026 at 6:15 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.