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JRJeff ReynoldsCompass · Seattle

Listed by Kaitlin McFarland, American Forest Management Inc

Land
Type
857,043 sq ft
Lot
169
Days on market

About this property

Excellent homesite development property with forestry potential. Zoned LTF – Long Term Forestry, permitting one residential homesite. The terrain gently slopes to the south with multiple potential homesite locations throughout. Located in the desirable Summit Lake area with the lake and recreational facilities close. Good access and utilities from paved Summit Lake Road lying adjacent to the north. Only a ten-minute commute east to Olympia via Hwy 8. Ocean beach recreation areas lie approximately an hour to the west. The property has a history of professional forest management. It was harvested in 2022 then replanted with high quality Douglas-fir seedlings. There are currently two years left on the development moratorium associated with the harvest. Thurston county provides a process for releasing the moratorium and that is outlined in the Development Moratorium file in the documents section in this listing. You can then build your dream home with plenty of room to watch your forest plantation grow up around you.

Location & commute

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Directions

Property details

Listing details

Listing number
#2467855
Listed
January 16, 2026
Days on market
169
Original list price
$268,333

Views

View
Territorial

Construction

Style
44 - Recreational
Structure
None

Lot

Lot size
857,043 sq ft

Terms

Terms offered
Cash

Utilities

Utilities
Electricity Not Available
Water
Not Available
Sewer
Not Available

Schools

District
Olympia

What stands out to you?

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  • Territorial
  • None
  • Cash
  • Electricity Not Available
  • Not Available

Listing history

  1. Listed

    $268,333

    January 16, 2026

  2. Current price

    $270,000

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

$1,572

Principal & interest
$1,365
Property tax (est.)
$207

Assumes $54,000 down (20%), a $216,000 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 14, 2026 at 12:00 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.