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Olympia, WA, 98501 • 98501 • Thurston County
5.6 acLot
Waterfront Property
River
Scenic Views
River · Territorial
Res-Less thn 1 Ac Style
Res-Less thn 1 Ac architecture
Olympia
98501
This home is getting attention
Listed 5 days ago · 402 views · 39 saves
Demand and pricing signals for this listing
402 views
People checking out this listing
39 saves
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5 days on market
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Lot
A unique opportunity to acquire acreage where much of the initial development has already been thoughtfully completed. This 5.63-acre property offers 323 feet of Deschutes River frontage and is located in the Tumwater School District. A new septic system has been installed, the well is drilled, and power is available on site. A Conditional Site Approval was approved in 2011 for a 5-bedroom home with a shop (expired in 2014), and permitting is currently in progress to reissue site approval, giving buyers a clear path forward when it’s time to build. There’s a private driveway in and a cleared building area, so you’re not starting from scratch. The property is set up well for animals and usable ground, with pasture areas currently used for hay along with cross-fencing and gates already in place. Down by the river, you’ll find a great shaded area with a firepit—perfect for relaxing, hanging out, or enjoying evenings by the water. It’s a peaceful setting with a nice balance of open ground and natural surroundings. Private feel, but still close to Tumwater, schools, and I-5. Great opportunity to build on a waterfront property with much of the groundwork already completed.
Standout features identified
Our analysis highlights private driveway and cleared building area as key attractions of this home.
Based on current rates
Est. 6.12% rate · 30yr fixed · $340,000 loan
Full calculator →Key facts and listing details
4 categories of property features
Market data and value estimates
3 schools rated nearby
Olympia, WA, 98501
1 event
22 years of records
Local context around this listing
Olympia, WA • Thurston County
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Based on information submitted to the MLS GRID as of 2026-04-14 17:44:32 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. [Click here for more information](/mls-disclaimers/#39)
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