Residential

Olympia, WA Residential Land & Home Lots for Sale

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Tumwater, WA Lacey, WA Tenino, WA Shelton, WA Anderson Island, WA Longbranch, WA Yelm, WA Kamilche, WA
Olympia Multifamily Development Opportunity
Updated: Aug 14, 2025
Olympia Multifamily Development Opportunity

2005 End St, Olympia, WA 98502

$1,300,000
132,422 sqft
Zoned RM‑18 allows for multifamily development.
Potential for up to 48 residential units (buyer to verify).
Premier investment opportunity in Olympia’s desirable Goldcrest/Burbank neighborhood.
Maximum density of 18 dwelling units per acre.
Preliminary site plans available.
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Oyster Bay Waterfront Buildable Parcel
Updated: May 15, 2025
Oyster Bay Waterfront Buildable Parcel

5710 Oyster Bay Road, Olympia, WA 98502

$540,000
5.5 acre Oyster Bay waterfront parcel
Ready to develop with hard work already completed
Reasonable use exception and conditional septic permit secured
Buildable site with pre‑defined building envelope for 4BR home
Private Pacific Northwest waterfront views
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Land Ready For Custom Home
Land Ready For Custom Home

5933 Sleepy Hollow Lane, Olympia, WA 98516

$265,000

Land parcel ready for a custom home with imagination.

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Residential Lot in Scott Lake
Residential Lot in Scott Lake

12122 Scott Creek Loop, Olympia, WA 98512

$55,000

Level lot with community amenities in Scott Lake Community.

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Carlyon Beach Land Parcel
Carlyon Beach Land Parcel

10130 Lookout Drive, Olympia, WA 98502

$65,000

Land parcel in Carlyon Beach community with saltwater frontage.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 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.

Waterfront Residential Land Parcel
Waterfront Residential Land Parcel

900 930 East Wilson Way, Grapeview, WA 98546

$259,900
3.27 AC lot

A 3.27-acre waterfront residential land offering with cleared access, two water hookups, and an installed 3-bedroom septic system.

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LAND - Grapeview, WA
LAND - Grapeview, WA

900 East Wilson Way, Grapeview, WA 98546

$99,000
1.68 AC lot

Land · 1.68 Acres

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Harstine Island Buildable Lot
Harstine Island Buildable Lot

15 E Smith Cove Way #15, Shelton, WA 98584

$159,950

Level lot with views, beach access, and utilities available.

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Waterfront Lot in Gated Community
Waterfront Lot in Gated Community

1710 SE Crescent Drive, Shelton, WA 98584

$130,000

Vacant waterfront lot with utilities in Fawn Lake community.

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Olympia, WA Residential Land & Home Lots Market Trends and Statistics

Explore 5 residential land & home lots for sale in Olympia, WA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 132,422 square feet of properties for sale, with an estimated market value of $2,225,000.

Sale prices for home sites in Olympia, WA start at $55,000, averaging $445,000, and reaching up to $1,300,000 — 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

Commercial land 18
Waterfront Land 11
Agricultural land / Farmland 5
Recreation land 5
Residential land & home lots 5

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 $55K
98506 $85K
98516 $265K
98502 $635K

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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