98501 Homes under $500,000

98501 Homes under $500,000

Welcome to the vibrant community of zip code 98501, nestled in the heart of Thurston County, Washington! This charming area is not only known for its picturesque landscapes and friendly neighborhoods but also for its diverse real estate options that cater to a variety of lifestyles.

One of the most enticing aspects of 98501 is the availability of homes under $500,000. Whether you're a first-time homebuyer, looking to downsize, or seeking a cozy retreat, this area offers a range of affordable housing options that don't compromise on quality or charm. From quaint single-family homes with spacious yards to modern townhouses with contemporary finishes, there’s something here for everyone.

Living in 98501 means enjoying easy access to the natural beauty of the Pacific Northwest. Residents can take advantage of nearby parks, hiking trails, and the stunning views of the Olympic Mountains. The community is also conveniently located near downtown Olympia, where you can explore a vibrant arts scene, delightful dining options, and unique local shops.

Education is a priority in this family-friendly area, with reputable schools and educational programs available for children of all ages. The sense of community here is palpable, making it an ideal place to plant roots and create lasting memories.

If you're ready to discover your dream home in a welcoming and affordable neighborhood, look no further than 98501. With its blend of natural beauty, community spirit, and budget-friendly options, this area is truly a hidden gem in Washington State!

Newest 98501 Homes under $500,000

1544 Craig Road SE, Olympia
$435,000
3 Beds ⋅ 3 Baths ⋅ 2597877 MLS ⋅ ACTIVE Status
Located on a quiet dead-end street, this attractive townhouse offers comfort and convenience with only one shared wall! The modern kitchen features granite countertops, tall cabinets for ample storage, and a convenient breakfast bar. Hardwood floors, vaulted ceilings, and abundant windows create a bright, open, and welcoming atmosphere. Step outside to a manageable, fully fenced private backyard with a patio, perfect for enjoying the outdoors with minimal upkeep. Conveniently located near schools, shopping, and everyday amenities, this home offers easy living in a great location!

1544 Craig Road SE, Olympia

Listing Broker: Abbey Realty Inc; Laura Lundin; 360-790-7015; llundin26@gmail.com

716 Dennis Street SE Unit #66, Tumwater
$185,000
2 Beds ⋅ 2 Baths ⋅ 2596487 MLS ⋅ ACTIVE Status
Welcome to Thunderbird Village, a resident owned 55+ community in Tumwater. This well-maintained 1991 home offers 1,586 sq ft with 2 bedrooms & 2 baths. Spacious kitchen, large living room with expansive windows that fill the space with natural light, and a welcoming front entry. The beautifully updated primary bath features laminate flooring, tile walk-in shower, skylight & convenient access to the primary closet. Huge utility room provides plenty of extra storage plus a spacious 2-car garage. Nice-sized landscaped backyard with a shed. Thunderbird Village offers gate entrances, RV parking, locked mailboxes, trails, and a clubhouse for games, potlucks, meetings, and private gatherings. Co-op membership available for purchase of $35,000, reducing monthly space rent to $457. Without co-op membership, space rent is $828. Space rent includes water, sewer and basic cable.

716 Dennis Street SE Unit #66, Tumwater

Listing Broker: Century 21 Van Dorm Realty; Barbara Haggerty; 360-451-9197; barbara.haggerty@outlook.com

1355 92nd Way SE, Tumwater
$500,000
4 Beds ⋅ 3 Baths ⋅ 2597133 MLS ⋅ ACTIVE Status
Welcome to The Preserve in Tumwater! This 2020-built home pairs modern construction with a price that is hard to pass up. With 4 bedrooms, 2.75 baths and 2,394 square feet, there is room to spread out, work from home, and host with ease. One bedroom located downstairs near the full bath offers flexible living offering a private space for guests, multigenerational living, office space or a separate area for hobbies. The seller has already installed new LVP flooring, giving the home a fresh, durable foundation. Bring your vision and choose the new carpet and backyard design that fit your style, whether that means a garden, a patio for summer evenings, or a spot for weekend gatherings. It is a rare chance to own a nearly new home and make it truly yours without paying a premium. Just minutes from Kindred Park, you can enjoy paths, playgrounds, and open space close to home. Everyday errands, local restaurants, and easy freeway access are all within a convenient distance, making daily life simple. Aggressively priced, this home offers great value in a well-established, popular community. Homes this new and this well priced tend to move quickly, so do not miss your chance. Schedule your showing today and make The Preserve your next address.

1355 92nd Way SE, Tumwater

Listing Broker: Real Broker LLC; Pam Fenstermacher; 206-962-0332; pam@thelivewellgroup.com

8038 Kenton Lane SE, Tumwater
$475,000
3 Beds ⋅ 2 Baths ⋅ 2593999 MLS ⋅ ACTIVE Status
Convenient rambler in popular Bridlewood offers low maintenance living! Warm kitchen w/eating bar overlooking great room w/vaulted ceilings, brick gas fireplace and lot of built-ins! New carpet throughout! Large primary suite with 2 closets: a standard closet and a walk-in closet, with a slider to the patio. Great room opens to very private fenced/landscaped back yard & patio! HOA maintained front yard landscaping. A must see home on premier lot in great neighborhood! Excellent condition!

8038 Kenton Lane SE, Tumwater

Listing Broker: Better Properties - Metro; Tim Ford; 360-888-0015; timothydford@gmail.com

8028 Andover Lane SE, Tumwater
$499,950
4 Beds ⋅ 3 Baths ⋅ 2596343 MLS ⋅ ACTIVE Status
Welcome Home To The Wonderful Community Of Bridlecreek In Tumwater! This Beautiful 4 Bedroom, 2.5 Bath Home Is Light And Bright And Has Had Some Recent Nice Upgrades, New Carpet Upstairs, New Paint, Brand New Cedar Fence And Gate Around The Entire Back Yard, And Did I Mention It Has A Huge Heat pump And Airconditioning? There Is A Nice Big Master Bedroom With Dual Sink Master Bath And Nice Big Walkin Closet, Lot's Of Window's So Lot's Of Light, A Nice Well Arranged Kitchen With A Breakfast Bar And Beautiful Stainless Appliances, French Doors Leading To The Covered Patio Out Back For The Rainy Day Barbeques And Did I Mention The Fully Fenced Back Yard? Bridlecreek Is A Walkable Community Where The Neighbors Walk And Chat At Night And There Is Also A Huge Community Park With A Sport/Basketball Court, Swings And Toys! This Is A Truly Wonderful Place To Call Home Come See For Yourself!

8028 Andover Lane SE, Tumwater

Listing Broker: Legacy Northwest; Ron Conard; 253-677-9999; rconardrealestate@gmail.com

2524 Leach Court SE, Olympia
$475,000
2595952 MLS ⋅ ACTIVE Status
Single story, low maintenance duplex located close to everything anyone needs and a garage too! Shopping, schools, freeway access, bus line, bakery, coffee shop, local burger stop, all the things are just moments from your doorstep. New roof and sheeting install were just completed. Inside is refreshed paint, light fixtures, stainless steel counters making this place move in ready. All appliances are owned by landlord, each side is 2-bedroom 1 bath with updated windows. Washer/dryer hook up in garage. Great corner lot w minimal landscape to take care of. Great opportunity to build an investment portfolio OR live in one side and rent the other!

2524 Leach Court SE, Olympia

Listing Broker: Virgil Adams Real Estate, Inc.; Tammy Adams; 360-584-2736; tammy@virgiladamsre.com

710 Kelsey Street SE, Tumwater
$499,900
3 Beds ⋅ 3 Baths ⋅ 2588965 MLS ⋅ ACTIVE Status
Charming 3-bedroom rambler on a beautiful 1/4-acre lot! Enjoy a fully fenced yard, lovely landscaping, fresh interior + exterior paint, and a new electrical panel. Oak hardwood floors are tucked beneath the existing carpet, ready to be uncovered. Furnace with forced air. No need for baseboard heaters still exisitng. The efficient, no-wasted-space layout offers comfortable single-level living, while a park just 100 feet away adds everyday convenience. A wonderful estate sale opportunity!

710 Kelsey Street SE, Tumwater

Listing Broker: Redfin; Matthew J Williamson; 360-915-4747; matthew.williamson@redfin.com

315 24 Avenue SW, Olympia
$475,000
3 Beds ⋅ 2 Baths ⋅ 2594307 MLS ⋅ ACTIVE Status
Opportunity abounds on this huge 3/4-acre high bank lakefront property in the historic Capitol Lake Neighborhood! With a spacious existing home and the potential for big lake views, it’s brimming with possibilities for sweat equity or a fresh start. Add your own renovations to the home’s original 1937 charm, which includes period details like exposed timber beams, wood paneling, hardwood floors, and a masonry fireplace. Perched above a private trail down to the lake, it’s perfectly positioned to take advantage of the scenery. OR bring your contractor and design the lake view home of your dreams. Either way, you’ll benefit from the $400million Capitol Lake restoration project currently underway. You’ll also reap the rewards of a fabulous location in one of Olympia’s nicest neighborhoods, just minutes to the Capitol Building, downtown Olympia, downtown Tumwater, and freeway access. Location, lakefront, and a lovely setting...all this property needs is your vision.

315 24 Avenue SW, Olympia

Listing Broker: Windermere Mercer Island; Jake Kanev; 206-686-4700; kanev@windermere.com

1617 Fones Road Unit #34, Olympia
$99,000
3 Beds ⋅ 2 Baths ⋅ 2593969 MLS ⋅ ACTIVE Status
Welcome home to unmatched affordability and fresh, modern style! Priced at just $99,000, this beautifully remodeled 3-bedroom, 1.75-bathroom home delivers the look and feel of a brand-new build. Step inside to discover a bright, open floor plan featuring all-new finishes, updated flooring, and a sleek, fully reimagined kitchen and living space. Situated on a leased lot, you are perfectly positioned in the ultimate high-convenience hub of Olympia. Ditch the long commutes—this park sits directly off Pacific Ave SE and I-5, putting local favorites right at your doorstep. This is a rare chance to own a fully updated, low-maintenance home under $100k without sacrificing an urban lifestyle. What more could you ask for - Lot fee is $635 per month and includes, Water, Sewer and Garbage. Schedule your tour today and move right in!

1617 Fones Road Unit #34, Olympia

Listing Broker: eXp Realty; Saul Negrete; 360-810-8855; negretesaul1969@gmail.com

3217 Yelm Highway SE Unit #18, Olympia
$269,999
2 Beds ⋅ 2 Baths ⋅ 2593744 MLS ⋅ ACTIVE Status
Discover comfortable, low maintenance living in this 2 bedroom, 1.25 bath home offering 1,080 sq ft. Enjoy the convenience of an attached 1 car garage and a full suite of appliances included with the sale, including the washer and dryer, making this home truly move in ready. The HOA provides added value by covering water, sewer, and lawn maintenance, allowing you to spend less time on upkeep and more time enjoying your home. Conveniently located near JBLM, shopping, dining, and major roadways, with nearby parks and outdoor recreation, including LBA Park and Chambers Lake Park. Whether you're a first time buyer, downsizing, or simply looking for easy living, this home offers a great combination of comfort, convenience, and affordability! Come tour today!

3217 Yelm Highway SE Unit #18, Olympia

Listing Broker: Premier Real Estate Partners; Masab El-Himri; 206-380-2919; masab.elhimri@gmail.com

7021 Alta Vista Drive SE, Tumwater
$499,999
3 Beds ⋅ 2 Baths ⋅ 2592848 MLS ⋅ ACTIVE Status
PRE-INSPECTED AND MOVE-IN READY! Everything on one level, nothing left on your to-do list. Built in 2018 this 3 bed, 2 bath Blakely plan offers 1,500 sq ft of easy, move-in-ready living in Tumwater’s Deschutes River Highlands. The heart of the home is a kitchen with quartz countertops, warm wood cabinetry, and a full appliance package that stays with the home . It opens to a dedicated dining area, ready for weeknight dinners and holiday gatherings. The primary suite is a true retreat with its own bath and a spacious walk-in closet, and two more bedrooms give you room for guests, an office, or hobbies. Durable vinyl plank flooring, a high-efficiency gas furnace, and double-pane windows keep things comfortable and low-maintenance. Step outside to a fully fenced, level yard with a patio for summer evenings and room for pets to roam. Covered entry, attached two-car garage, washer, dryer, and fridge all stay. Low $22/mo HOA. Quick I-5 access puts Olympia, Lacey, and JBLM within easy reach. See you soon!

7021 Alta Vista Drive SE, Tumwater

Listing Broker: eXp Realty; Tiffany Weil; 360-775-8515; Tiffanyweil.godspeed@gmail.com

900 Tartan Drive SW, Tumwater
$420,000
3 Beds ⋅ 1 Baths ⋅ 2592648 MLS ⋅ ACTIVE Status
Incredible sweat-equity opportunity in an unbeatable Tumwater location! Bring your vision and toolbelt to this single-level 3-bedroom rambler bursting with potential. Highlights include a functional layout, covered back patio, carport, and exterior storage—all waiting for your custom modern updates. The standout feature is the 18x20 Detached Accessory Dwelling Unit - studio style with full kitchen, 3/4 bath and laundry area. Also includes overhead storage, offering endless possibilities for rental income! Enjoy quick access to I-5, Tumwater state offices, Fort Lewis, local schools, and everyday shopping. Solid bones, prime upside, and dual-structure utility make this a rare find!

900 Tartan Drive SW, Tumwater

Listing Broker: eXp Realty; Saul Negrete; 360-810-8855; negretesaul1969@gmail.com

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