98502 Homes under $500,000

98502 Homes under $500,000

Welcome to the charming community of Olympia, Washington, nestled in the heart of Thurston County and boasting the delightful zip code 98502. This vibrant area is not only known for its stunning natural beauty, with lush forests and scenic waterfronts, but also for its welcoming atmosphere and diverse neighborhoods. Whether you're a first-time homebuyer or looking to downsize, Olympia offers an array of homes under $500,000, making it an attractive option for those seeking affordability without sacrificing quality of life.

In Olympia 98502, you’ll find a variety of housing options, from cozy bungalows to modern townhomes, all set against a backdrop of picturesque landscapes. The local real estate market is thriving, with properties that cater to various tastes and lifestyles. Imagine waking up to the serene sounds of nature, taking leisurely strolls along the waterfront, or enjoying the vibrant local arts scene—all just a stone's throw from your front door.

Living in Olympia means you can enjoy the best of both worlds: a tranquil suburban feel with quick access to urban amenities. Explore the downtown area, filled with charming shops, delightful eateries, and cultural attractions. Plus, with excellent schools and a strong sense of community, it's no wonder that families are drawn to this area.

If you're looking for a place where you can create lasting memories and enjoy a high quality of life, Olympia’s 98502 zip code is the perfect destination. Discover your dream home today and become part of this wonderful community!

Newest 98502 Homes under $500,000

1314 Evergreen Park Drive SW Unit #W, Olympia
$430,000
2 Beds ⋅ 3 Baths ⋅ 2589520 MLS ⋅ ACTIVE Status
COMPLETELY RENOVATED & MOVE-IN READY in desirable Broadmoor West on Olympia’s sought-after Westside! This beautifully updated Olympia condo delivers the rare combination of a turnkey interior, A/C, attached garage, private outdoor space & peaceful green surroundings—all with the convenience of low-maintenance living. Step inside to a bright, inviting floor plan featuring spacious living areas, contemporary finishes & a cozy fireplace. The remodeled kitchen offers stylish finishes, abundant cabinetry & generous workspace, while updated bathrooms and thoughtful improvements throughout mean the work has already been done for you. Enjoy year-round comfort with efficient air conditioning, then step outside to your private patio overlooking mature landscaping & tranquil green space. An attached garage adds valuable parking, storage & everyday convenience. HOA-maintained exterior makes this an ideal lock-and-leave home. Prime Olympia Westside location minutes to downtown Olympia, Capital Mall, The Evergreen State College, medical facilities, restaurants, shopping, parks, Hwy 101 & I-5. Located in the Olympia School District. A fantastic opportunity for buyers searching for a renovated Olympia condo, Westside Olympia home, condo with garage & A/C, first home, downsizing option or low-maintenance Pacific Northwest lifestyle!

1314 Evergreen Park Drive SW Unit #W, Olympia

Listing Broker: COMPASS; Nicole Braam; 253-237-2090; nicole.braam@compass.com

1111 Archwood Drive SW Unit #268, Olympia
$149,000
3 Beds ⋅ 2 Baths ⋅ 2586503 MLS ⋅ ACTIVE Status
Enjoy easy, modern living in this welcoming 55+ active community, where comfort, convenience & connection come together! The open-concept floor plan offers both a living rm & separate family rm + dining, providing plenty of space to relax or entertain. Spacious eat-in kitchen features warm shaker-style wood cabinetry, generous counters, pull-out drawers in lower cabinets, peninsula seating, walk-in pantry & matching black appliances. Primary Ste offers a walk-in closet & walk-in shower w/seating, while the accessible hall bath features an XL walk-in shower w/pull-down seat & grab bars. Dedicated laundry rm w/stackable W/D & stand-up freezer, up-down shades, double-paned windows, concrete siding & heat pump w/A/C provides year-round comfort. Step outside to the huge 10'x17' covered deck—an inviting extension of the living space for morning coffee, outdoor dining, entertaining friends or simply relaxing in the fresh PNW air. Enjoy the fully fenced backyard w/garden areas, separate fenced space, Tuff Shed & 3 garden organizers, and 3 car parking w/additional guest parking across the street. You'll love the active lifestyle w/clubhouse, pickleball, jacuzzi, gym, BBQ, library, gathering spaces & activities, all conveniently located near shopping, dining, medical services, bus line & PNW outdoor activities! Spc rent $1365 thru 2026. Schedule your showing today!

1111 Archwood Drive SW Unit #268, Olympia

Listing Broker: Riley Jackson Real Estate Inc.; Natalie Buckey; 360-951-8635; Info@soldbynataliebuckey.com

1609 14th Avenue SW, Olympia
$440,000
3 Beds ⋅ 2 Baths ⋅ 2586110 MLS ⋅ ACTIVE Status
Better than new and beautifully refreshed, this Westside rambler delivers the easy, single-level living you have been searching for. Outside, fresh paint, new light fixtures, clean roofing, gutters and windows create an inviting first impression. Step through the brand-new front door into a bright, inviting layout where new interior paint, plush carpet, and updated lighting create a crisp, modern feel throughout. Recently installed Andersen windows add quality craftsmanship, improved efficiency, and abundant natural light. An open concept living room -- with large picture window and a wood-burning fireplace -- flows into the efficient kitchen and dining area. Sliding glass doors open to the patio and frame views of lovely madrona and evergreen trees in the fully fenced backyard. Down the hallway, a surprisingly spacious primary bedroom features an ensuite bathroom and walk-in closet. Two additional comfortably sized bedrooms and a well-appointed full bathroom complete the home's living space. This residence offers confidence, convenience, and a move-in-ready experience thanks to a pre-listing home inspection and completed repairs. 1609 14th Avenue is situated in a prime Westside location within the Olympia School District attendance area, close to shopping, amenities, services, and I-5 access - just waiting for its next chapter to begin, starring you as the new homeowner!

1609 14th Avenue SW, Olympia

Listing Broker: Century 21 Van Dorm Realty; Karen Schrank; 360-239-2965; k.schrank@comcast.net

1111 Archwood Drive SW Unit #217, Olympia
$125,000
3 Beds ⋅ 2 Baths ⋅ 2570242 MLS ⋅ ACTIVE Status
Welcome to 1111 Archwood #217 in Friendly Ridge, a welcoming 55+ community with a clubhouse and sidewalks throughout the park, creating a walkable neighborhood where you can enjoy a morning stroll or visit with neighbors. This well-cared-for home offers an easy-living floor plan with both a spacious living room and a separate den, providing plenty of room to relax, entertain, or create a cozy TV or reading space. The spacious primary suite features an updated bath designed with accessibility in mind, including a large shower with grab bars and a bidet toilet. Two additional guest bedrooms provide comfortable space for visitors, hobbies, or a home office and are conveniently located near the updated hall bath. A ramp connects the home to the front sidewalk for easy access. The kitchen has been refreshed with beautiful quartz countertops and newer appliances, with matching quartz countertops also added in the bathrooms. Additional improvements within the past 3 years include an upgraded front door w/storm door, custom living room blinds, and fresh neutral interior paint. The home also features fresh exterior paint plank flooring and new windows. An attached carport provides covered parking, while the storage shed offers convenient space for added storage. With its inviting layout and accessibility features, many thoughtful upgrades and walkable community setting, this move-in ready home offers a wonderful opportunity to to settle in and enjoy the Friendly Ridge Lifestyle.

1111 Archwood Drive SW Unit #217, Olympia

Listing Broker: Keller Williams South Sound; Paulette Eaton; 360-520-5942; paulettesrealestate@gmail.com

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