Waterfront

Olympia, WA Waterfront Land for Sale

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Black Lake Waterfront Land Parcel
Updated: May 18
Black Lake Waterfront Land Parcel

4937 Black Lake Boulevard SW, Olympia, WA 98512

$280,000
2.50 AC lot
2.5 acre parcel with views of Black Lake
Opportunity to build a dream home or private getaway
East‑facing orientation for sunrises and water views
Private location
Minutes from shopping, schools, medical facilities, and Hwy 101
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Waterfront Development Land Parcel
Updated: May 11
Waterfront Development Land Parcel

8511 Schirm Rd Nw, Olympia, WA 98502

$390,000
6.62 AC lot
6.62‑acre corner waterfront lot on Sanderson Harbor waterway
Conditional site approval and septic system installed for a 2‑bedroom design by Jim Hunter
Approximately 274+/- ft of Sanderson Harbor waterway frontage
Survey stakes and survey maps provided (Hatton Godat Pantier)
Access easement in place; PSE electrical box on site
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Waterfront View Land Parcel
Waterfront View Land Parcel

10142 Steamboat Island Rd Nw, Olympia, WA 98502

$165,000

Buildable waterfront view lot with surveyed corners marked and water and power available in Olympia, WA.

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See what stands out in Thurston County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in
NOI available after sign in
Local Demand available after sign in
Waterfront Residential Land Parcel
Waterfront Residential Land Parcel

10924 Cowlitz Dr Se, Olympia, WA 98501

$175,000

Waterfront parcel with substantial Deschutes River frontage for building a custom home.

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Oyster Bay Waterfront Buildable Parcel
Oyster Bay Waterfront Buildable Parcel

5710 Oyster Bay Road, Olympia, WA 98502

$540,000

5.5 acre waterfront parcel ready to develop with 4BR home.

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Land
Land

1919 Berry Street Northeast, Olympia, WA 98506

$169,900

Residential land & home lots

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Carlyon Beach Homesite Opportunity
Carlyon Beach Homesite Opportunity

2418 Crestridge Dr Nw, Olympia, WA 98502

$39,500

Homesite in waterfront community with private beach and amenities.

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Land/Lot
Land/Lot

11735 Driver St SW, Olympia, WA 98512

$30,000

Waterfront Land

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Pending
Pending

9842 Rich Road SE, Olympia, WA 98501

$400,000

Waterfront Land

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Waterfront Development Land
Waterfront Development Land

1210 West Bay NW Drive, Olympia, WA 98502

Contact for pricing

Westside waterfront land with views of Budd Inlet, the marina, port, Rainier, and the Olympics.

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Waterfront Residential Lots
Waterfront Residential Lots

7047 Kellogg Drive Northeast, Olympia, WA 98516

$155,000

Three waterfront lots sold together, just under an acre total, with septic design pending and near local marinas and state park.

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Land
Land

7416 Puget Beach Rd NE, Olympia, WA 98516

Contact for pricing

Waterfront Land

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Land
Land

4842 SUNRISE BEACH ROAD NW, Olympia, WA 98502

Contact for pricing

Residential land & home lots

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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 13 Active listings in Olympia, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

High-Bank Waterfront Land Parcels
High-Bank Waterfront Land Parcels

181 East Peale Drive, Shelton, WA 98584

$220,000

Two contiguous waterfront parcels offer panoramic Sound views, with power available at the road and septic needed.

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Permit-Ready Waterfront Homesite
Permit-Ready Waterfront Homesite

6902 190th Ave Sw, Longbranch, WA

$339,900

Waterfront land offering permit-ready building plans and an approved three-bedroom septic design for a custom build.

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Waterfront Land Parcel with Creek
Waterfront Land Parcel with Creek

123 North Highway 101, Shelton, WA 98584

$49,500

Wooded parcel with Purdy Creek running along the rear, recently surveyed with marked corners.

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Waterfront Land with Saltwater Frontage
Waterfront Land with Saltwater Frontage

6809 SW Cliff, Longbranch, WA 98351

Contact for pricing

Waterfront acreage with tidelands, an installed driveway, treed uplands, and a gazebo overlooking the water.

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Olympia, WA Waterfront Land Market Trends and Statistics

Explore 13 waterfront land for sale in Olympia, WA, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 397,267 square feet of properties for sale, with an estimated market value of $2,344,400.

Sale prices for water rights properties in Olympia, WA start at $30,000, averaging $234,440, and reaching up to $540,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 65
Commercial land 21
Waterfront Land 14
Agricultural land / Farmland 5
Industrial land 4

Demographics Overview

Population 241K
Population Growth (5Y) +8.3%
Median Household Income $94,198
College Educated 31.7%

High-Yield Neighborhoods for Investment

Identify Olympia submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
98512 $155K
98516 $155K
98506 $175K
98502 $283.6K
98501 $287.5K

Taxes & Financing

Tax Rate (average for all types) 0.90%
Property Tax per SF $10.62 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Olympia fall within the 1 to 5 acres range.

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