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JRJeff ReynoldsCompass · Seattle

939 101st Avenue SE, Olympia, WA 98501

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Active

Listed by David R Knight, KW Mountains to Sound Realty

Active76 days on market

$479,950

939 101st Avenue SE, Olympia, WA 98501

Olympia, WA, 98501

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Jeff Reynolds · Managing Broker, Compass

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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.

Directions

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

  1. 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.

Similar nearby listings

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.