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JRJeff ReynoldsCompass · Seattle

Listed by Jim Bennett, RE/MAX Parkside Affiliates

Land
Type
1,742,400 sq ft
Lot
300
Days on market

About this property

Beautiful 40-acre parcel just off Steamboat Island Road! Current zoning is RRR 1/5, this property offers multiple building sites and great potential. A Wetland Reconnaissance has been completed by Land Services Northwest. Whether you’re seeking a private setting for your dream home or considering a large lot subdivision, this land is worth a look. The property includes both timber and open ground, providing versatile building opportunities. Ideally located just minutes from downtown Olympia, yet tucked away in a private setting. This is the MIDDLE parcel, situated between a 40-acre and a 60.8-acre parcel. Priced to sell! Seller will be providing a 60-foot easement for road and utilities from this parcel to Parcel #12930110000 to the West. Road and utilities will be at the cost of the purchaser of parcel # 1293011010000

Location & commute

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Directions

Property details

Listing details

Listing number
#2433602
Listed
September 16, 2025
Days on market
300

Views

View
Territorial

Construction

Style
41 - Res-Over 1 Acre
Structure
None

Community & building features

Features
Gated

Lot

Lot features
PavedSidewalk
Lot size
1,742,400 sq ft

Terms

Terms offered
CashConventional

Utilities

Utilities
Electricity Available
Water
Well Needed
Sewer
Not Available

Schools

District
Griffin
Elementary
Griffin Elem
Middle
Griffin Mid School
High
Capital High

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Territorial
  • None
  • Gated
  • Paved
  • Sidewalk
  • Cash
  • Conventional
  • Electricity Available
  • Well Needed
  • Not Available

Listing history

  1. Listed

    $550,000

    September 16, 2025

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

$3,203

Principal & interest
$2,781
Property tax (est.)
$422

Assumes $110,000 down (20%), a $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.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 11:01 PM 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.