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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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
Listed
$268,333
January 16, 2026
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.
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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.