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JRJeff ReynoldsCompass · Seattle

Listed by Greg Pubols, Century 21 Blue Chip

2
Bedrooms
2
Bathrooms
2,883
Square feet
$345
Per sq ft
Single Family Residence
Type
1930
Year built
44,431 sq ft
Lot
26
Days on market

About this property

Exceptional investment and redevelopment opportunity in one of Olympia’s fastest-growing corridors! Situated on approximately one acre and surrounded by newer residential development, this property is zoned HDC-4, allowing for significant density and a wide range of housing options. Preliminary analysis indicates the potential for approximately 60–70 units with building heights up to 75 feet (buyer to verify all development potential with the City of Olympia). The existing home provides immediate utility while plans are made for future development, creating an ideal hold-and-develop scenario. With strong demand for housing, excellent access to shopping, services, and major transportation routes, this is a rare chance to secure a high-density site in a rapidly evolving area. Whether you're a builder, developer, or investor, the possibilities here are substantial. Opportunities like this are increasingly hard to find—bring your vision and capitalize on the growth happening all around you. Buyer to verify all information to their satisfaction. All utilities are on site. Sewer stub is now available right at the property line.

Location & commute

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Directions

Property details

Listing details

Listing number
#2540889
Listed
June 17, 2026
Days on market
26
Price per sq ft
$345

Unit & building

Building
College City Berry Tr
Unit levels
One

Parking

Parking
Attached Carport
Covered spaces
2
Total spaces
2

Views

View
Territorial

Construction

Year built
1930
Style
10 - 1 Story
Structure
House
Roof
Composition

Heating & cooling

Heating
Forced Air
Cooling
None
Energy source
ElectricNatural Gas

Flooring

Flooring
Hardwood

Lot

Lot features
Value In Land
Lot size
44,431 sq ft

Terms

Terms offered
CashConventionalOwner Will Carry

Utilities

Water
City of Olympia
Sewer
City of Olympia
Power
PSE

Schools

District
North Thurston

What stands out to you?

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  • One
  • Attached Carport
  • Territorial
  • House
  • Composition
  • Forced Air
  • None
  • Electric
  • Natural Gas
  • Hardwood
  • Value In Land
  • Cash

Listing history

  1. Listed

    $995,000

    June 17, 2026

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

$5,794

Principal & interest
$5,031
Property tax (est.)
$763

Assumes $199,000 down (20%), a $796,000 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 11:15 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.