939 101st Avenue SE, Olympia, WA 98501
Listed by David R Knight, KW Mountains to Sound Realty
Tour this home
Jeff Reynolds · Managing Broker, Compass
Start with a focused 15-minute call, then tour with a clear due-diligence plan.
- Land
- Type
- 818,057 sq ft
- Lot
- 76
- Days on market
About this property
Olympia--18.78 beautiful, level acres, has a valuable pre-1970 groundwater right, fenced pastureland & a picturesque country setting. This property has a unique combination of productive land, water resources, & rural lifestyle. The parcel is level & usable, with pond, greenhouse, detached shop/barn, & territorial views creating an ideal setting for a custom home, equestrian facility, or farm. Desirable homes & large acreage properties in this horse-friendly neighborhood offer the peace & privacy of country living while close to Olympia amenities. The property is zoned R1/10 and benefits from Open Space Tax Designation. Good soils look favorable for septic installation. Utilities include electricity (three phase to the well), telephone, and Xfinity are available at the paved county road frontage. No HOA or CC&Rs provide flexibility for future use and enjoyment. The property has a pre-1970 groundwater right of 183 acre-feet, with water deed, operating cert, & separate unmetered irrigation well. The property has remained "in water" throughout current ownership. current in-ground irrigation system with multiple risers. Whether for irrigation, agricultural uses, livestock, or future land stewardship, this valuable water asset is included in the sale. Opportunities to purchase acreage with est’d water rights are increasingly scarce. Buyers are encouraged to investigate the benefits & potential applications of this unique resource. Boundary lines shown in pics. NO SIGN.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2565607
- Listed
- August 6, 2026
- Days on market
- 76 (includes a prior listing period)
Views
- View
- PondTerritorial
Construction
- Style
- 41 - Res-Over 1 Acre
- Structure
- None
Lot
- Lot features
- Corner LotDead End StreetPaved
- Lot size
- 818,057 sq ft
- Waterfront
- Yes
Terms
- Terms offered
- CashConventional
Utilities
- Utilities
- Electricity Connected
- Water
- Drilled WellOn PropertyShared WellWater Rights
- Sewer
- Not Available
Schools
- District
- Tumwater
- Elementary
- East Olympia Elem
- Middle
- George Wash Bush Mid
- High
- Tumwater High
Listing history
Listed
$479,950
August 6, 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
$2,795
- Principal & interest
- $2,427
- Property tax (est.)
- $368
Assumes $95,990 down (20%), a $383,960 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 August 6, 2026 at 2:00 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.