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Olympia Vacant Land Opportunity
For Sale
$199,900

1030 East Bay Drive NE, Olympia, WA 98506

Vacant parcel near downtown Olympia for custom home construction.

Property SizeContact for details
Lot Size0.19 Acres
Days on Market240

Property Features for 1030 East Bay Drive NE

General Information

Standard status Active
Lot size 0.19 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $1,039

Amenities

Secluded
Listing Agency: COLDWELL BANKER EVERGREEN
Listed By: KELLEY MORGAN
Source: Corcoran
Added: Dec 14, 2025 Changed: Aug 8 Last Checked: Jul 16 at 7:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER EVERGREEN

Investment Insights

Based on property information with market context.

This vacant parcel, located in Olympia, offers an opportunity for custom home construction. The property, which is just under 0.2 acres, overlooks Budd Bay and is situated in a convenient location near downtown, parks, the farmers market, shopping, and local coffee shops. Existing plans are available for exploration. Several due diligence steps have been completed, including geotech and soils analysis, wetland review, blue heron habitat review, cultural resources review, and a survey. Utilities are nearby; however, the buyer is responsible for verifying availability and connection requirements.

Key Highlights

  • Rare vacant parcel in a convenient Olympia location overlooking Budd Bay.
  • Existing home plans available to explore.
  • Major due diligence already completed (geotech, soils, wetland, heron habitat, cultural resources, survey).

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Parts Store HVAC Service Pharmacy Electrical Service Carpet & Flooring Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,391
Businesses Nearby

Demographics for 98506, WA

19,198
Population
9,041
Households
2.1
Avg Household Size
44
Median Age
51%
College-Educated
96%
High-School Grad
22.4 sq mi
ZIP Area
857
Density / Sq Mi
$93,968
Median Household Income
$50,388
Median Earnings
$1,431
Median Rent
$469,700
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant parcel near downtown Olympia for custom home construction.
Where is this residential land & home lot located?
The property is located at 1030 East Bay Drive NE Olympia, WA.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Rare vacant parcel in a convenient Olympia location **overlooking Budd Bay**.; Existing home plans available to explore.; Major due diligence already completed (geotech, soils, wetland, heron habitat, cultural resources, survey).
More about this property
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