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    4937 Black Lake Blvd, Unit 4 Olympia, WA 98512

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    For Sale
    $280,000

    Private east-facing lot with panoramic water views and mature trees.

    Lot size:
    2.54 Acres

    Property Features for 4937 Black Lake Blvd

    General Information

    Lot size
    2.54 Acres

    Source: REDFIN Agent YAZMIN MENDOZA

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lakeview Hilltop Lot Opportunity

    This parcel presents a rare opportunity to own a private lakeview hilltop lot overlooking the middle waters of Black Lake. The east-facing orientation of the property allows for views of sunrises and panoramic water views from an elevated position. Mature trees and natural surroundings contribute to the privacy and tranquility of the setting, while still providing convenient access to nearby amenities, parks, and recreation. This property offers a balance of seclusion and connection to the outdoors, suitable for building a dream home or creating a weekend retreat.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Building Supply Spa & Massage Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Accounting Firm Discount Store Electronics Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Olympia
    County
    Thurston
    State
    Washington
    Longitude
    -122.9836118
    Latitude
    47.004406

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    FAQs

    What type of property is this?
    Land - Private east-facing lot with panoramic water views and mature trees.
    Where is this land located?
    The property is located at 4937 Black Lake Blvd, Unit 4 Olympia, WA.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: - Private lakeview hilltop lot with panoramic water views.; - Breathtaking east-facing views and sunrises.; - Lush natural surroundings offering privacy and tranquility.
    (360) 558-3945
    Request Owner's contact information
    4937 Black Lake Blvd, Unit 4 Olympia, WA 98512
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    Olympia, WA 98512
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4937 Black Lake Blvd, Unit 4 Olympia, WA 98512
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