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JRJeff ReynoldsCompass · Seattle

Listed by Kennly Asato, Riley Jackson Real Estate Inc.

Land
Type
774,932 sq ft
Lot
90
Days on market

About this property

Rare 17.78-acre development assemblage in Olympia with three adjoining parcels offered together for the first time. Zoned MDR (Medium Density Residential), this site is positioned for a multifamily or higher-density residential project in one of Thurston County's steadily growing corridors. Existing structures hold no material value, and this is a land play, priced and positioned for what comes next. Bring your developer, builder, your vision, and your offer.

Location & commute

Add a destination, like work or the gym, for directions and drive time.

Directions

Jeff's Neighborhood Guide

Get to know the Tumwater 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
#2563188
Listed
August 10, 2026
Days on market
90

Construction

Style
41 - Res-Over 1 Acre
Structure
None

Lot

Lot size
774,932 sq ft

Terms

Terms offered
Cash

Utilities

Utilities
Electricity ConnectedSeptic Design Installed
Water
In Street
Sewer
Not Available

Schools

District
Tumwater
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

Listing history

  1. Listed

    $4,000,000

    August 10, 2026

Derived from current MLS listing fields.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$23,293

Principal & interest
$20,226
Property tax (est.)
$3,067

Assumes $800,000 down (20%), a $3,200,000 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 November 8, 2026 at 2:10 PM PST. 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.

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