Listed by Jim Bennett, RE/MAX Parkside Affiliates
- Land
- Type
- 1,742,400 sq ft
- Lot
- 545
- Days on market
About this property
Wonderful 40-acre parcel just off Steamboat Island Road. Current zoning is RRR 1/5, this property offers multiple prime building sites to choose from. A Wetland Reconnaissance has already been completed by Land Services Northwest. Whether you’re looking for a private setting to build your dream home or considering a large lot subdivision, this is a must-see. The parcel features a mix of timber and open ground, providing versatile options for development. Ideally located just minutes from downtown Olympia, yet offering privacy and tranquility. This is the WEST parcel, adjoining an additional 40-acre. Purchase both parcels together to create a rare, expansive private estate in this highly desirable area. Seller will be providing a 60 foot easement over parcel XX Gravelly Beach Loop NW, parcel # 12930110100 Buyer to install it's own road and utilities.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Jeff's Neighborhood Guide
Get to know the Thurston Nw area
Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.
Property details
Listing details
- Listing number
- #2433603
- Listed
- September 16, 2025
- Days on market
- 545 (includes a prior listing period)
Views
- View
- Territorial
Construction
- Style
- 41 - Res-Over 1 Acre
- Structure
- None
Lot
- Lot features
- PavedSecluded
- 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?
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- Territorial
- None
- Paved
- Secluded
- Cash
- Conventional
- Electricity Available
- Well Needed
- Not Available
Listing history
Listed
$650,000
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
$3,785
- Principal & interest
- $3,287
- Property tax (est.)
- $498
Assumes $130,000 down (20%), a $520,000 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 October 12, 2026 at 8:00 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.