98512 Homes under $500,000

Welcome to ZIP code 98512, a charming slice of the Pacific Northwest nestled in Thurston County, Washington. This vibrant area encompasses the communities of Lacey, Olympia, and Tumwater, offering a perfect blend of urban convenience and natural beauty. Residents here enjoy a mild climate, lush greenery, and an abundance of outdoor recreational opportunities, making it an ideal place to call home.

For those seeking affordable housing options, the 98512 area boasts a variety of homes priced under $500,000. Whether you’re a first-time buyer, a growing family, or looking to downsize, you’ll find an array of choices that cater to diverse lifestyles and preferences. From cozy single-family homes to modern townhouses, the real estate market here is thriving, with properties that often feature spacious yards, contemporary designs, and easy access to local amenities.

Living in 98512 means being just a stone's throw away from beautiful parks, scenic trails, and waterfront views. The nearby Nisqually National Wildlife Refuge and the picturesque Capitol Lake offer endless opportunities for hiking, birdwatching, and enjoying nature. Additionally, the vibrant downtown area of Olympia is only a short drive away, providing a rich cultural scene with local shops, restaurants, and community events.

Whether you’re drawn to the stunning landscapes, the friendly neighborhoods, or the affordability of homes under $500,000, ZIP code 98512 is a wonderful place to establish your roots and create lasting memories. Explore the possibilities and discover your dream home in this delightful corner of Washington!

Newest 98512 Homes under $500,000

$465,000

4 Beds ⋅ 2 Baths ⋅ 2599765 MLS ⋅ ACTIVE Status

Great home, great value, and a location to love! Tucked away on a dead-end cul-de-sac in the heart of Tumwater, this spacious home offers partial views of Barnes Lake—a rare opportunity to own a single-family home in this neighborhood! No HOA! Featuring 4 bedrooms, 2 bathrooms, and a large, level, fenced yard, there’s plenty of room to enjoy inside and out. This home has received major updates within the past five years, with investments in the key systems that support the home’s longevity, comfort, and efficiency. Updates include a new metal roof and gutters with leaf filters, triple-pane vinyl windows, tankless water heater, furnace, cement planked siding, heat pump, and all appliances—which stay with the home! With these important, big-ticket improvements already completed, enjoy added peace of mind for years to come. Relax on the large deck on sunny days or step directly into the backyard through the finished daylight basement’s sliding door. Conveniently located near schools, shopping, dining, parks, and major commuter routes, this home combines peaceful living with everyday convenience! Welcome home.

1007 Lake Terrace Drive SW, Tumwater

Listing Broker: Keller Williams Realty PS; Derek Johnson; 253-225-2808; propertylion@kw.com

$139,900

2 Beds ⋅ 2 Baths ⋅ 2599675 MLS ⋅ ACTIVE Status

Welcome to Tumwater Estates, a desirable co-op community in a convenient Tumwater location. The co-op means you actually have a say in park rules and fees. This spacious 1344 sq. ft. manufactured home with AC offers a wonderful 2 bedroom, 1.75 bath and plenty of space to make it your own. Some of the standout features include a new roof, a newly remodelled primary bath with a walk-in shower, newer oven, refridgerator and waher/dryer. There is also a ton of outdoor space for relaxing, gardening and entertaining. Built in 1970, this home presents a great oppurtunity to add your own personal touches while enjoying the benefits of co-op community living. Conveniently located near shopping, dining, medical services, and easy I5 acccess. 930 Trosper Rd SW, #61 offers a hard-to-find combination of indoor space, a generous garden/yard, location, and value

930 Trosper Road SW Unit #61, Tumwater

Listing Broker: Century 21 Van Dorm Realty; Andrew Dodds; 602-390-7030; apdodds@gmail.com

$335,000

3 Beds ⋅ 2 Baths ⋅ 2599052 MLS ⋅ ACTIVE Status

Welcome home to this inviting three-bedroom plus a den home in a desirable 55+ community. A large living room with a cozy gas fireplace and sitting area. The kitchen is spacious with plenty of counter space, center island, gas cooktop and opens to a generous dining room area with a warm setting and added bonus of the two-sided gas fireplace. Retreat to the spacious primary suite, featuring a 5-piece bath and direct access to the amazing outdoor area. The back of the house backs up to a greenbelt offering a peaceful, private back yard setting ideal for relaxing. A separate outdoor shed area with electricity offers a versatile space for hobbies, or a private office, additional storage shed, separate garden shed and RV parking. Close to several parks and lakes and all amenities.

4183 Klahowya Lane SW, Tumwater

Listing Broker: BHGRE - Northwest Home Team; Jody L. Hill; 360-269-0284; jodyhill@nwhometeam.com

$499,000

3 Beds ⋅ 2 Baths ⋅ 2598826 MLS ⋅ ACTIVE Status

Incredible value for a lucky buyer on this tree-lined street! Brand new roof sitting atop this well-built 3-bed home, boasting hardwood floors and fresh carpet in a well-designed floorplan. You'll love the flexibility of both a living/dining room w vaulted ceiling & curved window - bringing in beautiful light & a view of the gorgeous tree out front - as well as the open/vaulted kitchen & family room w eat-in bar island, wide pantry, & cozy fireplace. Every appliance in this delightful kitchen is less than 2 years old! Spacious primary bedroom enjoys the luxury of a walk-in-closet and 5-piece bath w soaking tub, roomy shower, and new countertop & sinks! Two more bedrooms are situated near the hall bath, also with new countertop & sink. The laundry room offers upper cabinets, space for organizer below, & a hanging clothes bar; the nearly new washer/dryer also stay along with the freezer in the garage. The glass slider opens to a backyard retreat that has a lot of bang for its buck: lovely gazebo offering a large, covered patio, healthy grass, bench seats around firepit area, garden beds, and your own blueberry bushes! Shed on the side stores your tools. And if that weren't enough, this home also has a NEW furnace and AC unit for year-round comfort! You'll be hard-pressed to find a more solid home offering the best peace of mind for years to come; well-maintained, so many new/newer elements, and a fabulous location near great shopping, easy freeway access, and terrific schools.

7107 Southwick Court SW, Olympia

Listing Broker: RE/MAX Northwest; Julie Bradshaw; 360-561-5037; julie@bradshawbrokers.com

$179,000

3 Beds ⋅ 2 Baths ⋅ 2574026 MLS ⋅ ACTIVE Status

welcome to Velkommen! This beautifully maintained 3 bedroom. 1.75 bath manufactured home offers approximately 1440 sq feet of comfortable living space in a desirable Tumwater community. Built in 1981 and thoughtfully cared for, this home has been gently lived in and features a new roof. ductless mini-split heat pump for efficient heating and cooling, plus a cozy wood-burning stove for added warmth and ambiance. The spacious floor plan provides plenty of room to relax and entertain, with a bright kitchen, generous living areas, comfortable bedrooms, and ample storage, Double pane windows and updated finishes add to the homes appeal. Outside, enjoy a landscaped setting with a fenced yard for your pets, patio area, and convenient two car carport with additional storage/shop space. Located in Velkommen Mobile Home Park, this is a home sale on leased land; buyer must meet park requirements and obtain park approval. Buyer to verify currents park rent, park rules, lease terms, utilities, and community requirements with park management. Come see this special home and make it your own!

2535 70th Avenue SW Unit #38, Tumwater

Listing Broker: Bricker Real Estate; Tina Kay McCray; 360-790-5546; tina.mccray@rocketmail.com

$365,500

3 Beds ⋅ 1 Baths ⋅ 2597445 MLS ⋅ ACTIVE Status

So much potential to make this home your own! Situated on a double corner lot with a fully fenced yard, this 3-bedroom home offers room to spread out and make it your own. The converted garage provides extra living space, while the oversized laundry room offers plenty of additional storage. Enjoy all the amenities of Evergreen Shores Beach Club, situated on 11 acres of beautiful Black Lake, featuring water access, a private boat launch, fishing and boating dock, and designated swimming area. Community amenities also include a swimming pool, basketball court, playground, and clubhouse. Located in the Tumwater School District and just 10 minutes from Olympia’s West Side, this home offers a great opportunity to add your personal touches and enjoy all that lake community living has to offer!

5028 74th Avenue SW, Olympia

Listing Broker: Century 21 Van Dorm Realty; Christina Foppiano; 360-280-8734; cfoppi@hotmail.com

$50,000

2 Beds ⋅ 1 Baths ⋅ 2595245 MLS ⋅ ACTIVE Status

Move right in and enjoy easy, low-maintenance living! This clean, freshly painted 2-bedroom, 1-bath home is ready for its next owner with a bright interior, charming flower gardens, and nothing left to do but unpack. This 55+ co-op community has activities and a pond area for residents to enjoy. Newer window treatments in the bay windows in the kitchen make the dining nook so fresh! Newer floors in the kitchen and primary. Located just steps from the community center, you'll enjoy convenient access to weekly activities and social events. Major shopping, dining, medical services, and everyday conveniences are just minutes away in Tumwater. The efficient 784 sq ft floor plan offers comfortable living with minimal upkeep, giving you more time to enjoy the lifestyle you want. Whether you're relaxing at home, tending to the flower garden, or taking advantage of the community lifestyle, this home offers affordability, convenience, and move-in-ready comfort in one package. If the primary owner is 55 or better, someone can live with them that is under 55.

930 Trosper Road SW Unit #129, Tumwater

Listing Broker: eXp Realty; Kristine Anderson; 360-229-6772; kristine.warealtor@gmail.com

$55,000

2 Beds ⋅ 2 Baths ⋅ 2594459 MLS ⋅ ACTIVE Status

Welcome to this well-maintained 2-bedroom, 2-bath home in Alderbrook Estates an all-ages community in Tumwater! The split-bedroom floor plan offers added privacy, while abundant natural light, ample storage, and a mini-split system for heating and cooling make the home feel comfortable and functional. The kitchen features generous cabinet space and a nicely sized dining area. The primary bathroom has been beautifully updated with a walk-in shower. Enjoy the covered back deck and a fenced backyard. Two additional storage sheds (10x8) provide extra storage space. Conveniently located near shopping (Costco, Fred Meyer, Walmart, Home Depot), restaurants and I-5 for easy commuting. This move-in ready home is priced to sell. Come take a look today!

2110 Trosper Road SW Unit #13, Olympia

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

$459,950

3 Beds ⋅ 2 Baths ⋅ 2592870 MLS ⋅ ACTIVE Status

Incredibly well updated MFH on almost 4 acres right in Tumwater. This 1344 square foot home has 3 bedrooms and 1.75 baths. Upgrades include fully updated bathrooms with new tile floors, cabinets, solid surface countertops, and tile showers. Brand new laminate flooring throughout living areas and master bedroom. New lighting, plumbing fixtures, quartz counters in kitchen, and trim throughout. Exterior features tons of area for new home construction, shop or adu. This sale includes parcel #80700000200.

1525 Linwood Avenue SW, Tumwater

Listing Broker: Blue Summit Realty LLC; Brian J Dermanoski; 360-280-1980; brian@nwchoice.com

3488 Simmons Mill Court SW Unit #B, Tumwater

$400,000

3 Beds ⋅ 3 Baths ⋅ 2592979 MLS ⋅ ACTIVE Status

Easy living and close to everything you could need! Moments to HWY 101 & I-5, SPSCC, all shopping you need is just around the corner, coffee shops, restaurants & bonus green space in your back yard makes you feel like you're away from it all. All the big-ticket items are checked off the list for you; 2021 new garage doors, 2025 new heat pump, newer hot water tank, newer roof, updated matching appliances, matching blinds, refreshed exterior paint and interior fixtures. Cozy back yard with fence that helps keep your critters in. Main floor primary bath offering tile shower and CA closets. Upper level has full bath, 2 bedrooms and a bonus are that is great for at home office or reading nook. Plenty of storage throughout. HOA takes care of all your exterior items front and back yard included. Nothing left to do but move in, come enjoy the easy life!

3488 Simmons Mill Court SW Unit #B, Tumwater

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

$434,950

2 Beds ⋅ 2 Baths ⋅ 2590740 MLS ⋅ ACTIVE Status

Welcome home to this beautifully remodeled residence on a spacious 1/2-acre double lot in the sought-after Scott Lake community! Every detail has been updated, so it's move-in ready with modern finishes throughout and brand-new appliances. The home has a three-bedroom septic system, which opens up a lot of possibilities: build an ADU, guest quarters, or the shop you've always wanted, with the potential to tie into the existing septic (buyer to verify with county). The large oversized two-car garage gives you plenty of room for vehicles, storage, tools, and toys. With this much usable land, there's space to garden, entertain, and spread out. Life at Scott Lake feels like a getaway every day. Residents enjoy access to a 66-acre private lake for kayaking, paddle boarding, swimming, and fishing, along with a community park and a nine-hole golf course. Spend summer days on the water, evenings on the greens, and weekends making memories close to home. Whether you're looking for room to grow, added value with a future ADU or shop, or simply a turnkey home in a one-of-a-kind lake community, this property checks every box. Homes like this don't come along often, so schedule your private showing today!

11815 Shoreview Drive SW, Olympia

Listing Broker: Hallmark Realty; Neal D Christensen; 206-909-4684; want2sell4u@msn.com

$104,500

2 Beds ⋅ 1 Baths ⋅ 2590691 MLS ⋅ ACTIVE Status

Welcome to Tumwater Estates, a desirable co-op community in a convenient Tumwater location! This spacious 2-bedroom 1 bath manufactured home has been renovated and is fully move-in ready! This sunny home offers a comfortable floor plan with plenty of room. The home includes a ductless mini-split for both heating and cooling, a metal roof and fresh paint inside and out including the kitchen cabinets. One of the standout features is the large, fenced yard and covered porches, offering plenty of outdoor space for relaxing, gardening, entertaining or pets. There are also two spacious storage sheds (one with workbench) built into the 2-bay carport. This home presents a great opportunity to move in and immediately begin enjoying the benefits of co-op community living – no work needed! Conveniently located near shopping, dining, medical services and easy I-5 access, this home offers a hard-to-find combination of indoor space, a generous fenced yard, convenient location, and value!

930 Trosper Road SW Unit #65, Tumwater

Listing Broker: Century 21 Van Dorm Realty; Andrew Dodds; 602-390-7030; apdodds@gmail.com

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98512 Homes under $500,000

Newest 98512 Homes under $500,000

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