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$1,350,000
3 Beds ⋅ 2 Baths ⋅ 2462933 MLS ⋅ ACTIVE Status
A rare opportunity to secure multi-use zoned land with an existing residence. Multi-use zoned property in Tumwater offering immediate income potential with long-term development upside. The existing 3-bedroom, 2-bath manufactured home includes a 2-car garage and provides rental or interim use while planning future development. Primary value is in the multi-use zoning, allowing for a variety of potential uses (buyer to verify). Located in Tumwater Urban Growth area with strong demand, this property offers flexibility for investors, developers, or owner-users looking to secure land while offsetting holding costs with existing improvements.

2441 73rd Avenue SW, Tumwater

Listing courtesy of Van Dorm Realty, Inc.

$1,500,000
2461571 MLS ⋅ ACTIVE Status
6.63 Acres located in the Urban Growth Area of Tumwater! Zoned - Multi-Family Medium Density Residential (9-15 Units Per Acre). Level topography clear with some trees. Water in street along Hwy 99. Existing home could use some TLC if it is to stay on the lot. Close to shopping and I-5 for ease of commute. Value is in the development potential of the property. Desirable Tumwater School District.

9115 Old Hwy 99 SE, Olympia

Listing courtesy of Keller Williams South Sound.

$2,550,000
2460951 MLS ⋅ ACTIVE Status
Excellent investment opportunity! This 2-story, freestanding mixed-use property is strategically located in the heart of Tumwater's Brewery District. Totaling 21,380 sq ft across 5 units, three are currently leased with additional space ready for tenants. Versatile zoning accommodates daycare, medical/dental, showroom, gym, brewery, restaurant, office, or retail uses. Second-floor storage adds flexibility. Outstanding parking and easy access to downtown, state office buildings, and I-5.

403 Cleveland Avenue SE, Tumwater

Listing courtesy of RE/MAX Town Center.

$750,000
3 Beds ⋅ 3 Baths ⋅ 2460180 MLS ⋅ ACTIVE Status
Nestled on 20 peaceful acres with a territorial view of Black Hills, this spacious 2,058 sq ft home offers 3 bedrooms, a versatile den/office, and 2.25 baths. Fresh updates shine throughout, including new roof, new interior & exterior paint, updated lighting, new LVP flooring and new carpet. Cozy stove in living area and beautiful kitchen with lots of counter space. A newly paved driveway and brand-new well add even more value and peace of mind. An older barn on the property provides endless possibilities. This expansive property delivers the privacy you crave while keeping you conveniently close to town amenities—a rare blend of comfort, charm, and room to roam.

8045 Prather Road SW, Centralia

Listing courtesy of Windermere Prof Partners.

$519,000
4 Beds ⋅ 3 Baths ⋅ 2460824 MLS ⋅ ACTIVE Status
Step into soaring ceilings and well-designed layout in this 4BD/2.75BA home offering nearly 1,900 sq ft of comfortable living. Enjoy two flexible living areas—ideal for entertaining, working from home, or creating a cozy retreat. The kitchen features stainless steel appliances and opens to the dining area for easy everyday flow. Just off the kitchen is a versatile enclosed patio perfect for hobbies, extra storage, or year-round use. Upstairs, generous bedrooms provide room for everyone. The fully fenced, low-maintenance yard keeps weekends simple. Fantastic location minutes to JBLM, highways, parks, shopping, and essential amenities.

4705 Blueberry Court SE, Lacey

Listing courtesy of Jason Mitchell Real Estate WA.

$240,000
3 Beds ⋅ 2 Baths ⋅ 2457145 MLS ⋅ ACTIVE Status
Enjoy stunning views of the Puget Sound, Olympics, and Black Hills from this beautifully maintained 3-bed, 1.75-bath home in the desirable 55+ Seashore Villa community. A wraparound covered deck expands your living space and showcases year-round scenery. Inside, the home features a bright layout, a remodeled primary bath with walk-in shower, fresh interior paint, newer flooring, and thoughtful updates throughout. Seashore Villa offers private beach access, pool, clubhouse, RV parking, and more—an ideal low-maintenance lifestyle in a peaceful waterfront setting.

4805 Cushman Road NE Unit #56, Olympia

Listing courtesy of eXp Realty.

$420,000
3 Beds ⋅ 3 Baths ⋅ 2460249 MLS ⋅ ACTIVE Status
Short Sale Opportunity! Welcome home! 3 bedroom, 2 and a half bath, 1,673 SF home features an open concept main level living space, with gas fireplace in the Living rm & counter with eating bar in the Kitchen. Upstairs hosts three bedrooms including Primary Suite w/private bth & walk-in closet. Attached 2-car garage. The perfect postage stamp lot! Enjoy your private, fully fenced patio space (with a small yard for pets). Home also has AC! Fabulous location with all amenities at your fingertips: parks flanking both the front and one street over to the back, offering park space, sports court, and playground. Moments to Hawks Prairie Golf Course, dining & shopping, and only 15mins to JBLM.

4340 Edgewater Boulevard NE, Lacey

Listing courtesy of eXp Realty.

$325,000
3 Beds ⋅ 2 Baths ⋅ 2458270 MLS ⋅ ACTIVE Status
ALL OFFERS CONSIDERED! Ask your real estate broker for details of servicer pricing and still submitting an offer! This charming double-wide manufactured home features newer carpet (installed fall 2024) throughout, 3 bedrooms, and 1.75 bath. The primary bedroom includes an ensuite bath and walk-in closet. The open kitchen is equipped with stainless steel appliances and a breakfast bar, providing a great space for cooking and entertaining. The spacious living room offers plenty of room for quiet moments and lively gatherings. Situated on a level lot with a convenient carport, this yard is a blank slate for you to make it your own. Conveniently located near I-5, shopping, dining, and parks, with an easy commute to JBLM. A fantastic opportunity for comfortable living in a prime location!

871 Spruce Street SE, Olympia

Listing courtesy of MVP Realty Group.

$1,595,000
2455186 MLS ⋅ ACTIVE Status
Here's your opportunity to own one of downtown Olympia's most recognizable historic commercial landmarks. Prominently located on a .17-acre corner lot across from City Hall and within Olympia's Historic Creative District, this 8,400 SF terra-cotta Gothic Revival influenced building offers exceptional character, visibility, and flexibility. Designed by renowned Olympia architect Joseph Wohleb and built by the historic Titus family, this architecturally significant property has served Olympia through multiple eras, including auto dealerships, retail, and most recently a successful restaurant/bar. Zoned Retail – Food Downtown Business, the property features approximately 6,136 SF of restaurant space, 1,200 SF of office, 1,064 SF of warehouse/storage, and an 812 SF private banquet/event room. Existing improvements include two walk-in coolers, commercial vent hoods, a Wood Stone wood-fired pizza oven, HVAC, fire protection, security systems, and established restaurant infrastructure. Beyond continued hospitality use, the property's flexible layout and landmark location provide excellent potential for adaptive reuse including creative office, retail, entertainment, event venue, brewery/tasting room, hospitality, or mixed-use concepts. A rare opportunity for an investor, owner-user, or visionary developer to acquire a signature downtown Olympia asset with historic significance and long-term potential.

520 4th Avenue E, Olympia

Listing courtesy of Century 21 Van Dorm Realty.

$1,175,000
2455211 MLS ⋅ ACTIVE Status
Prime downtown Olympia location! This 5,867 SF steel-reinforced concrete building (built in 1920) sits on a 0.14-acre lot and has over 25 years of successful restaurant history. Zoned Retail-Food Downtown Business, the building features large street and alley facing windows, a flexible 50/50 dining and bar layout with skylit dining area with remote solar shades. The large kitchen features two vent hoods, dishwasher area with room for walk-in cooler. The spacious bar with alley facing widows, beverage center and ice bin room. There's a private banquet/VIP room in back with separate alley side entrance. Two HVAC systems and security system. Excellent owner-user or investment opportunity in a high-traffic, established hospitality corridor.

112 Cherry Street NE, Olympia

Listing courtesy of Van Dorm Realty, Inc.

$130,000
2459628 MLS ⋅ ACTIVE Status
Discover a great opportunity with this well-located land parcel at 6943 20th Ave. SE in Lacey, Washington. Situated within the Lacey UGA planning area, this property offers strong potential for res. Development in a growing and desirable community. The location provides convenient access to major roadways, local amenities, parks, schools and shopping making it an appealing setting for future homes. Surrounded by established neighborhoods and natural green spaces, the parcel aligns well with the area’s predominantly residential character. With steady demand throughout Thurston County and continued growth in the Lacey area, the property stands out as a valuable option for builders or investors! Ask about reports available!

6943 20th Avenue E, Lacey

Listing courtesy of John L. Scott Lacey.

$299,950
3 Beds ⋅ 1 Baths ⋅ 2458547 MLS ⋅ PENDING SHORT SALE Status
Discover this charming log-cabin-style home in the desirable Clearwood community, offered with an additional adjacent undeveloped .37 acre parcel #41170012000 for extra space/privacy, or possibly build another house or garage. Enjoy the expansive front deck—perfect for entertaining. Inside the home features vaulted ceilings, granite-tile countertops, and a peninsula eating bar. Bathroom includes a tiled shower surround. Outbuilding in the back could possibly be used as extra storage or shop. Clearwood amenities include a swimming pool, sports courts and fields, playgrounds, scenic trails, multiple beaches, & beautiful lakes—ideal for year-round recreation & makes this an attractive option for a long/short-term rental or a value-add project.

22044 Clear Lake Boulevard SE, Yelm

Listing courtesy of Better Properties Soundview.

$1,125,000
3 Beds ⋅ 3 Baths ⋅ 2458859 MLS ⋅ ACTIVE Status
Come and see this move in ready, new construction home. Beautiful lake views create inspiring back drops to most rooms. The large modern kitchen has a built-in refrigerator and freezer. The open concept living area opens onto a covered deck. There is also a covered patio below for year-round outdoor enjoyment. The home has a large main floor primary bedroom, over-sized walk-in closet, tiled walk-in shower and soaking tub with rain shower. The lower floor is bright and spacious with 2 bedrooms, huge rec room, private home office and sauna! This custom quality home features a stylish powder bathroom, completely finished garage, abundant storage, lots of hardwood and a high efficiency heat pump with A/C. This home is a must see! Kobza Home Builders Inc

6145 Lake Saint Claire Drive SE, Olympia

Listing courtesy of Abbey Realty Inc.

$830,000
2458318 MLS ⋅ ACTIVE Status
Prime 5+ acre property offering an exceptional opportunity for a variety of commercial ventures, ideally positioned with approximately 562 feet of highway frontage along SR 507. Zoned Highway Commercial (HC) per Rainier Zoning Code 18.42.030, this site supports a wide range of permitted business uses. With an impressive Annual Average Daily Traffic Count of 8,300 in 2023, the property provides outstanding visibility for any operation. Customers and clients will appreciate convenient access from both SR 507 and Myers Street. City of Rainier water service is on site, power is onsite, and the septic design is approved. 1,008 sq ft 2 bay shop onsite as well. This property is a must see!

309 Binghampton Street SE, Rainier

Listing courtesy of eXp Realty.

$1,825,000
2458206 MLS ⋅ ACTIVE Status
First time on the market in 21 years! The 4th Ave Tav. has 5400 square feet on the main floor with large bar, commercial kitchen, and plenty of room for pool tables, live music and dancing. Upstairs there are 12 apartments that currently rent for $11,365 per month. Rents range from $650.00 to $1400.00 and 8 tenants are month to month, other 4 expire in 2026. Apartments viewed with accepted offer. Tavern is closed on Monday. Give Debbie a call to tell her you plan on showing. Best time is between 11:30 and 2:30 if possible.

210 4th Avenue E, Olympia

Listing courtesy of Coldwell Banker Evergreen.

$995,000
2456143 MLS ⋅ ACTIVE Status
First time on the market for sale! What a great location at the corner of 5th and Capitol in downtown Olympia. 7072 sq ft on the main floor and 1600 sf ft upstairs. Current tenants are Escape Puzzle Room, Harlequin Productions and Super Silver Jewelry store. Tenants are month to month. New HVAC.

501 S Capitol Way, Olympia

Listing courtesy of Coldwell Banker Evergreen.

$1,400,000
2457717 MLS ⋅ ACTIVE Status
Great investment opportunity, 16 acres with I-5 frontage. Many possibilities with sewer and water in the street ready for development. Also has a nice home and shop that would be move in ready while you work with the county on development plans.

5945 Ivan Way SW, Rochester

Listing courtesy of Frank Dipola Realty.

$50,000
2457635 MLS ⋅ ACTIVE Status
Build your dream home or weekend getaway on this 9,976 sq ft lot located near beautiful Black Lake in Olympia! Enjoy access to endless outdoor recreation—boating, fishing, kayaking, and swimming are all just minutes away. The property is conveniently close to local schools, shopping, dining, and I-5, offering the perfect balance of peaceful lake-area living and modern convenience. Utilities are available nearby, making this an excellent opportunity for your next project. Discover the charm and lifestyle of the Black Lake community today! Buyer to verify to their satisfaction due diligence for location of utilities and buildability.

7605 Lakeside Street SW, Olympia

Listing courtesy of John L. Scott, Inc..

$50,000
2457644 MLS ⋅ ACTIVE Status
Embrace the best of lake-area living with this 9,283 sq ft (.21ac) lot located near scenic Black Lake in Olympia! This peaceful property offers the perfect setting for your future home, vacation retreat, or investment. Enjoy nearby amenities including public lake access for boating, fishing, and swimming, along with parks, trails, and picnic areas. Conveniently located close to shopping, restaurants, schools, and I-5 for easy commuting. Utilities available nearby. Experience the beauty and recreation of Thurston County’s beloved Black Lake community! Buyer to verify to their satisfaction due diligence for location of utilities & buildability.

7609 Lakeside Street SW, Olympia

Listing courtesy of John L. Scott, Inc..

$4,500,000
2453263 MLS ⋅ ACTIVE Status
Timbered 330+/- acres located south of Rainier, Washington. Level to rolling topography across 19 parcels with views of Mt Rainier! Fish for bass in Lake Fifteen which is entirely within the boundaries of the property. Various aged timber stands with almost 140 acres in 30+ year old stands. Scattered stands of 100 year old timber! Gated access via two paved, county roads. Power and phone in street. Cable through a portion of the internal road network. Numerous trails and roads for recreation. Wildlife galore! Thurston County RRR 1/5 zoning provides future subdivision potential. Whether you're looking for a one-of-a-kind private estate, a private getaway, recreational tract or a potential housing development, this one has it all!

132 xx Algyer Road SE, Rainier

Listing courtesy of Coldwell Banker Bain.

$435,000
3 Beds ⋅ 2 Baths ⋅ 2456307 MLS ⋅ ACTIVE Status
NEW NEW NEW, this two story 1,733 sqft home has been wonderfully updated. Located just inside the gated Clearwood community(4th home in from gate on quiet side street), this home combines privacy, convenience, and is turn key ready. Featuring 3 bedrooms and 2 full baths, the home has been thoughtfully improved with new interior and exterior paint, new carpet and LVP flooring, quartz countertops, new cabinetry, doors, millwork, wall heaters, appliances. Large improvements are done for you inside plus a new roof, and gutters outside. The primary suite includes a walk in closet and private bath, creating a comfortable retreat at the end of the day. Tucked away from the road and surrounded by mature fir trees, the setting feels peaceful and private, with a spacious side/front yard and new black gravel driveway. The 2 car garage plus 427 sqft of unfinished bonus space offers flexibility for storage, a gym, or future expansion. Enjoy access to Clearwood’s incredible amenities including three lakes, boat launches, scenic trails, parks, sport courts, and a community pool, all just about 40 minutes to JBLM and 15 minutes to Yelm's growing amenities. Skip the rent and start building equity in a home that offers both value and lifestyle. MOTIVATED SELLER, bring your offer!

21521 Terra Lane SE, Yelm

Listing courtesy of RE/MAX Realty South.

$79,000
2 Beds ⋅ 2 Baths ⋅ 2455492 MLS ⋅ ACTIVE Status
Motivated Sellers!! Priced Reduce! Nicely updated home with a lovely open floor plan with a large living room area with windows along the front of home for extra light and viewing the natural setting. All of this nested in popular park with walking trails all around to enjoy with your pets or just take a stroll down to the coffee shop at the corner. Large covered carport provides 2 parking spots out of our NW weather. Good sized storage building attached to the carport will work for small shop & extra storage. The home is located on a corner lot and the landscaping provides ample privacy to enjoy your front porch in the evening under your covered patio. Easy access to Olympia/ Lacey area and 1-5.

1362 Alonda Lane NE, Olympia

Listing courtesy of John L. Scott, Inc..

$300,000
1 Beds ⋅ 1 Baths ⋅ 2455376 MLS ⋅ ACTIVE Status
THE PERFECT VACATION RETREAT, OR YOUR EVERYDAY ESCAPE! Adorable cabin with expansive loft, 2 sheds & multiple outdoor living spaces. Open-concept layout with high ceilings, plenty of windows & laminate floors offers effortless comfort. Huge loft provides endless possibilities for work, play, & rest. Outdoors, relax on the large multi-level porch or enjoy other areas for dining & entertaining. One shed includes 1/2 bath, & a full-size washer/dryer, while the 2nd offers storage. The vibrant, amenity-rich gated community has it all: stocked private lake, clubhouse, pool, hot tub, gym, pickleball, trails, mtn views, community activities & more. Bring your toys! Kayaks, fishing gear, golf carts, bikes... The life of leisure awaits!

1546 Reservation Rd SE Unit #218, Olympia

Listing courtesy of Pellego, Inc..

$174,999
2454931 MLS ⋅ ACTIVE Status
5.01 acres • Level land • Timber • Clear Lake proximity Opportunity to own 5.01 acres of level to gently rolling land in the Bald Hills area near Yelm, offering a blend of privacy, open space, and natural surroundings. Parcel includes marketable timber, partially cleared areas, and established access via driveway easement. Terrain provides flexibility for future residential plans, recreation, or long-term land investment. Zoned for rural residential use, the property allows for a custom home, retreat, or small-scale agricultural use, subject to county approval. Electricity is not currently installed on site and a well will be required. Buyers to verify development feasibility to their satisfaction. Located near Clear Lake access and within convenient driving distance to Yelm services, schools, shopping, and regional routes. The surrounding area includes outdoor recreation, lakes, and wooded landscapes. The size and layout provide usable space for equipment, trails, or open pasture concepts while maintaining natural buffers from neighboring parcels. A rare opportunity to secure acreage with timber value and future planning flexibility in a growing Thurston County area. Includes virtual tour.

Bald Hills Road, Yelm

Listing courtesy of John L. Scott Orting.

$99,000
3 Beds ⋅ 2 Baths ⋅ 2454526 MLS ⋅ ACTIVE Status
Beautifully updated double-wide home in peaceful Lacey! Nestled on the largest lot in the park, this well-cared-for property features an open layout with spacious living and dining areas. The kitchen boasts generous storage and new butcher-block counters—perfect for everyday cooking or hosting. The primary suite offers an en-suite bath for added comfort and privacy. Lots of updating done and now just needs your finishing touches Step outside to a covered deck ideal for relaxing or entertaining, plus a large shop ready for your projects and hobbies. Wide ramp and entry door for easy access. Conveniently close to shopping, dining, and parks, and perfectly situated between Seattle and Portland. An affordable chance to own a special piece of the Pacific Northwest!

8510 Martin Way E Unit #25, Lacey

Listing courtesy of BHGRE - Northwest Home Team.

$989,000
2454248 MLS ⋅ ACTIVE Status
4.89 Acres, Quiet and Serene Niche area half block off major artery, fenced Prime Development Land with small livable home and shop *** Per Tumwater Development: MFM Zoned Multi-family housing, Townhomes, Senior Housing, cottage housing, & more. 9 to 14 Units Per Acre, Density Bonus if 2 permanently affordable units added, Max Height 40 Ft. located just off Henderson Road, a block from new Townhome Community, Water, Sewer and Gas w/i 800 Ft., 7 mins to I-5, Schools, Groceries, Dining, YMCA all within 2 miles, Unique Gorgeous Land, Stately Firs and Cedars provide natural appeal, upscale potential, no wetlands or junk. Create your Legacy Development Here. Home could be rehabbed as a construction office.

916 73rd Avenue SE, Tumwater

Listing courtesy of John L. Scott Lacey.

$245,000
2454177 MLS ⋅ ACTIVE Status
Your Slice of Heaven Awaits! For Sale: 4.68 Acres of Vacant Land Location: Rural Yelm Conveniently close to town Imagine building your dream home on this stunning 4.68-acre parcel, where privacy meets convenience! This incredible piece of land has it all: Well Installed: Ready for your water needs Power at the Street: Easy access for utilities Cleared and Ready to Build: Perfect for your vision Surrounded by Trees: Enjoy nature while maintaining your privacy Possible Septic System: Previous mobile home - Buyer to verify No HOA- freedom - design your property as you wish, park your cars wherever you want! This is the perfect spot to create your sanctuary while still being close to all the amenities of town.Don't miss out!

15818 153rd Avenue SE, Yelm

Listing courtesy of eXp Realty.

$500,000
2453742 MLS ⋅ ACTIVE Status
Nestled just a block from beautiful Black Lake, this partially cleared 0.24-acre lot offers the perfect canvas to build your dream home or getaway retreat. Surrounded by evergreens and tucked on a quiet street, you’ll enjoy community access to a private clubhouse, park, boat launch, fishing dock, and swimming area. Power and water are available, with community well and utilities nearby. Buyer to verify building potential with the county. A peaceful setting close to town—come explore the possibilities at Black Lake!

7620 SW Sprucecrest Street, Olympia

Listing courtesy of Terrafin.

$500,000
2452606 MLS ⋅ ACTIVE Status
Attention builders and developers! This property consists of 3 a joining buildable lots. They have already been through the county CARP process and preliminary septic analysis has been done. So a lot of the development work has already been completed! Access would be through a shared driveway. The lots are level and nicely treed with large cedars and Doug fir. There is a shop on lot 2. They are located on a quiet paved street in the desirable Griffin school district. These three beautiful home sites have a lot of potential.

8721 Salty Drive NW, Olympia

Listing courtesy of Abbey Realty Inc.

$710,000
2453019 MLS ⋅ ACTIVE Status
Great opportunity to add to your investment portfolio, offering potential for instant cash flow. This 2007 duplex features 2 townhomes, each w/2 bedrooms & 2.5 bathrooms. One unit includes a two-car garage, while the other offers a one-car garage w/additional storage; both units have driveway parking & private backyards. The homes offer thoughtfully designed open concept floor plans perfect for entertaining, w/soaring 18 ft. living room ceilings, gas fireplaces, & abundant natural light throughout each home. Incredible location making these a commuter's dream, close to schools, parks, groceries, gas stations, countless eateries & entertainment. Perfect first-time real estate investment.

420 Bungalow Drive NW, Olympia

Listing courtesy of RE/MAX Parkside Affiliates.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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