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: Jul 21
Waterfront Development Land Parcel

8511 Schirm Rd NW, Olympia, WA 98502

$365,000
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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Land
Land

5045 Houston Dr, Olympia, WA 98502

$595,000

Waterfront Land

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See hot listings in Olympia

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
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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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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Waterfront Residential Lots
Waterfront Residential Lots

7047 Kellogg Dr NE, 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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Vacant Land
Vacant Land

9842 Rich Rd SE, Olympia, WA 98501

$390,000

Waterfront Land

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Land
Land

4442 Village Dr SE, Olympia, WA 98501

$250,000

Waterfront Land

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Unimproved Land
Unimproved Land

1919 Berry Street NE, Olympia, WA 98506

$167,499

Residential land & home lots

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Land/Lot
Land/Lot

11735 Driver St SW, Olympia, WA 98512

$30,000

Waterfront Land

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 10 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.

Land
Land

20 E Lakeshore Dr, Allyn, WA 98524

$235,000
30,492 sqft

Waterfront Land · 30,492 SF

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Waterfront Residential Homesite
Waterfront Residential Homesite

40 East Lakeshore Drive, Allyn, WA 98524

$225,000
1.04 AC lot

Corner, two-parcel Lake Anderson homesite with direct waterfront access and ample space for one primary residence.

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Waterfront Land Parcel with Creek
Waterfront Land Parcel with Creek

123 N Us 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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Land
Land

34-0 E Strong Rd, Shelton, WA 98584

$295,000

Residential land & home lots

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Olympia, WA Waterfront Land Market Trends and Statistics

Explore 10 waterfront land for sale in Olympia, WA, showcased through 10 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 $2,572,499.

Sale prices for water rights properties in Olympia, WA start at $30,000, averaging $257,249, and reaching up to $595,000 — 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 58
Commercial land 13
Waterfront Land 11
Recreation land 4
Industrial land 3

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 $169.9K
98501 $271.7K
98502 $416.3K

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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