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$500,000
2 Beds ⋅ 1 Baths ⋅ 2431858 MLS ⋅ CONTINGENT Status
Investor Alert: Rare Dual-Lot Opportunity! Unlock the potential of this 2 bed / 1 bath home with 2 separate parcels totaling just under ½ acre in R6-12 zoning! Located near San Fran bakery and offering a peek-a-boo view of the sound, this property is bursting with possibilities. The home features a 2-car garage AND a dedicated RV garage, and the extra lot offers flexibility for expansion, development, or garden oasis. Bonus: Sewer connection already in place between both parcels! Whether you're looking to develop multifamily housing, build a second home, or simply enjoy a generous garden space, this is the property you’ve been waiting for. Imagine the possibilities – act fast, this won't last!

1124 Pear Street NE, Olympia

Listing courtesy of Better Properties - Metro.

$2,899,950
2425937 MLS ⋅ ACTIVE Status
BIG UPDATE! Now in line for 120 Townhome lots. Located in the center of Yelm’s growth corridor, this property is zoned R-16 and comes with an approved site plan for 192 apartment units or currently submitted for 120+ Townhomes, making it a true shovel-ready development opportunity for apartments or a few months approval for Townhomes. ALL STUDIES HAVE BEEN DONE. The site sits in a highly desirable location, surrounded by mixed-use commercial, storage units, and the region’s master planned community, placing future residents at the heart of convenience and long-term value. Flat cleared land with beautiful Mt Rainier views throughout. This property offers a rare chance to move quickly on a project in one of Yelm’s most strategic and sought-after areas.

14747 Berry Valley Road SE, Yelm

Listing courtesy of Premier Real Estate Partners.

$1,199,000
2429172 MLS ⋅ ACTIVE Status
DOWNTOWN CORE - MIXED USE on Great Downtown Street!!! INCOME from 7 Apartments (all rented...!), $6,600/monthly!. Street Retail (6,000sf) with existing booths, kitchen, hood, Bar...!! Other great Retail Uses possible!!! Streetside Frontage with great Signage, tall ceilings and separate entrances for upper floor Apartments. [Tenants require 90 day notice for vacating during any sale].

213 4th Avenue E, Olympia

Listing courtesy of RE/MAX Parkside Affiliates.

$19,900
2428262 MLS ⋅ ACTIVE Status
Beautifully treed lot on Clear Lake. ! Property is level at the road but has a fairly deep incline toward the lake. Power and water hook ups at the road. Lovely for camping and recreation and access to enjoy all of Clearwood's amenities. Clear Lake's boating, fishing, swimming, beaches, tennis, trails, the pool and more..

21815 Beachside Drive SE, Yelm

Listing courtesy of Yelm Windermere.

$175,000
2425547 MLS ⋅ ACTIVE Status
Stunning parcel on Cougar Mountain airstrip! Sweeping territorial views of the foothills and Mount Rainier floating on the horizon. Private airfield with 3200 ft lighted runway. Most owners have a house on the main road, a road that winds down the mountain with hangers built on the border of the landing strip. Properties cross the airfield. Seller has an expired 3 bdrm septic design and there is power at the road. A truly unique opportunity for aviation enthusiasts or to build a custom home in rural Yelm.

19441 Cougar Mountain Airport Road SE, Yelm

Listing courtesy of Yelm Windermere.

$175,000
2423609 MLS ⋅ ACTIVE Status
Nearly 2 acres of opportunity in a peaceful Rainier community, backing to the scenic Yelm-Tenino Trail. Neighborhood features a mix of manufactured homes, offering flexibility for your plans whether a new home or build from scratch. Peaceful setting yet minutes to town, schools and recreation. Close to Yelm and JBLM. Power is nearby; buyer to verify utilities and building potential. Come see the possibilities this property holds!

823 Tipsoo Loop S, Rainier

Listing courtesy of Van Dorm Realty, Inc.

$465,000
4 Beds ⋅ 2 Baths ⋅ 2413515 MLS ⋅ ACTIVE Status
Appraised at $500K! Instant Equity! Discover the charm of lakefront living on Lake St. Clair. This well-designed home offers a 2-bedroom septic with four versatile rooms, 1.75 baths, a spacious rec room, and a cozy living room—perfect for adapting to your lifestyle. Enjoy peace of mind with a new roof (Feb. 2026) and LeafGuard gutters. The thoughtfully remodeled kitchen makes the most of its space with modern finishes and smart functionality, ideal for everyday living and entertaining. Outside, the generous lot provides plenty of room to relax, garden, or host summer gatherings. Launch your kayak, cast a line from your dock, and unwind in the serene setting of this special waterfront retreat.

10223 Sitkum Drive SE, Olympia

Listing courtesy of Keller Williams South Sound.

$1,250,000
4 Beds ⋅ 3 Baths ⋅ 2420516 MLS ⋅ CONTINGENT Status
This new construction is a large modern rambler. The 2 acre lot is nicely treed and located in off Steamboat Island road. The driveway is paved, and the yard is fully landscaped. The house features a large kitchen with a walk-in pantry and refer/freezer combo. There is a large laundry and a HUGH walk-in closet. The double sliding glassdoor in the familyroom opens into a large coverd porch with an outdoor kitchen. All of the bathrooms are tiled, and there is lots of hardwood. This home has many custom features and is ready for you to move into now! Kobza Home Builders Inc

8908 Hunter Point NW, Olympia

Listing courtesy of Abbey Realty Inc.

$1,849,000
4 Beds ⋅ 4 Baths ⋅ 2419543 MLS ⋅ ACTIVE Status
All of this Elegance and Charm in a country setting in East Olympia! Perched on 5+ Acres, this gated Smart Home is an entertainers dream! 3171sqft.main home, 500+sqft pool/guest house w/bedroom and 3/4 bath, 900+sqft 3-car garage w/built in cabinets and 1230+sqft RV garage. And if that's not enough... how about a heated in-ground pool w/slide, waterfalls, and a hot tub! The back patio area and outdoor kitchen are just amazing! Granite tops and Stainless Steel appliances in the kitchen and outside! Nice open floor plan and split bedroom design are both comfy and functional! Complete with huge office, amazing Formal dining room, walk in pantry, butlers pantry, large bonus room upstairs. Too many upgrades to list, Come see it today!

7732 Rich Road SE, Olympia

Listing courtesy of John L. Scott Lacey.

$499,900
3 Beds ⋅ 2 Baths ⋅ 2420271 MLS ⋅ ACTIVE Status
Welcome to your private retreat! This well-maintained 2006 mobile home is nestled on a generous 5.84-acre lot, offering the perfect blend of comfort, space, and privacy. Whether you're looking to escape the hustle and bustle or start a small homestead, this property delivers. Inside, you'll find a cozy and functional layout with 3 bedrooms and 2 bathrooms, a living room with wood stove, a bright kitchen with plenty of cabinet space, plus an additional great room. Outside, the expansive acreage provides endless opportunities—gardening, livestock, recreation. Enjoy wide open spaces, mature trees, and the peace and quiet of country living, all just minutes from Tenino.

2702 143rd Avenue SE, Tenino

Listing courtesy of MORE Realty.

$45,000
2418057 MLS ⋅ ACTIVE Status
Opportunity to build your own home in the secluded and gated community of Clearwood. Amenities include swimming pool, hot tub, parks, playgrounds, tennis courts, ball fields, beaches, boat launch, three stocked fishing lakes w/13 miles of hiking trails! Bring your plans and build your dream home!

22041 Clear Lake Boulevard SE, Yelm

Listing courtesy of Keller Williams South Sound.

$65,000
2419531 MLS ⋅ ACTIVE Status
Opportunity to build your own home in the secluded and gated community of Clearwood. Amenities include swimming pool, hot tub, parks, playgrounds, tennis courts, ball fields, beaches, boat launch, three stocked fishing lakes w/13 miles of hiking trails! Bring your plans and build your dream home!

22137 Clear Lake Boulevard SE, Yelm

Listing courtesy of Keller Williams South Sound.

$94,999
2 Beds ⋅ 1 Baths ⋅ 2413616 MLS ⋅ ACTIVE Status
BRAND NEW singlewide for sale at Friendly Ridge! Be the first to live in this 2023 Karsten: 2 bed / 1 bath / 648 sq.ft. The home is ready with a brand new carport, a new exterior storage shed, and gorgeous block skirting. Inside you will find large windows, and a kitchen with new stainless appliances. You'll also enjoy a newly renovated community clubhouse with incredible amenities. Friendly Ridge is a wonderful community and is conveniently located near everything Olympia has to offer. Come make it yours!

1111 Archwood Drive SW Unit #345, Olympia

Listing courtesy of Commonwealth Real Estate Serv..

$94,500
2 Beds ⋅ 1 Baths ⋅ 2413619 MLS ⋅ ACTIVE Status
Singlewide for sale at Friendly Ridge! (55+) this home is a 2021: 2 bed / 1 bath / 896 sq.ft. The home is ready with a carport, an exterior storage shed, and gorgeous block skirting. Inside you will find large windows, and a kitchen with stainless appliances (all appliances included in the sale). Also featured: quartz countertops in the kitchen and bathroom. You'll also enjoy a newly renovated community clubhouse with incredible amenities. Friendly Ridge is a wonderful community and is conveniently located near everything Olympia has to offer. Come make it yours!

1111 Archwood Drive SW Unit #395, Olympia

Listing courtesy of Commonwealth Real Estate Serv..

$134,500
2 Beds ⋅ 2 Baths ⋅ 2413614 MLS ⋅ ACTIVE Status
NEW doublewide for sale at Friendly Ridge! Be the first to live in this 2022 Skyline: 2 bed / 2 bath / 960 sq.ft. The home is ready with a brand new carport, a new exterior storage shed, and gorgeous block skirting. Inside you will find large windows, a kitchen island with optional seating, new stainless appliances, and a separate area for laundry. Coming soon to Friendly Ridge is a newly renovated community clubhouse with incredible amenities. Friendly Ridge is a wonderful community and is conveniently located near everything Olympia has to offer. Come make it yours!

1111 Archwood Drive SW Unit #324, Olympia

Listing courtesy of Commonwealth Real Estate Serv..

$2,750,000
2401443 MLS ⋅ ACTIVE Status
Prime Planned Industrial Development Opportunity – 9.4 Acres | Rail-Served | I-5 Access Unlock the potential of this rare Planned Industrial-zoned property comprising three parcels totaling 9.4 acres, strategically located just minutes from Interstate 5 with direct rail service access—ideal for logistics, warehousing, manufacturing, or distribution. This property offers a unique blend of industrial functionality and existing residential infrastructure with two on-site residences, perfect for live/work arrangements, site management, or transitional use. The flat, usable land and excellent transportation connectivity make this an outstanding investment or owner-user opportunity.

20710 Old Hwy 9 SW, Centralia

Listing courtesy of St Clair Realty.

$990,000
2401444 MLS ⋅ ACTIVE Status
Exceptional Industrial Site – 3.51 Acres | I-5 Proximity + Rail Access. Maximize your reach with this level 3.51-acre site tailored for industrial use. Located near Interstate 5 and served by active rail lines, this property offers unbeatable transportation access for supply chain operations. Ideal for developers or owner-users seeking scalability, convenience, and long-term growth. This site is ideal for warehousing, logistics, or light manufacturing.

20906 Old Hwy 9 SW, Centralia

Listing courtesy of St Clair Realty.

$250,000
2400754 MLS ⋅ ACTIVE Status
One of three, 2 acre lots in desirable Cooper Point peninsula. See MLS #s 2400775 & 2400739 for other lots. Seller has performed extensive studies and development work to determine building options. Level, nicely forested privacy depending on clearing. Close-in to city and services, but in a peaceful location. NO HOAs or city building restrictions! Build the dream home here, get all 3 to create that private estate, or hold to develop later. Timber value with selective clearing to help offset development. Must have licensed broker with you to walk property.

2718 43rd Avenue NW, Olympia

Listing courtesy of Realty One Group Bold.

$300,000
2400775 MLS ⋅ ACTIVE Status
Septic design approved (3 bedroom) and site plan ready. Submit your house plans and move forward to build! Lot 3 (furthest off Cooper Pt. Rd.) of three, 2 acre lots in desirable Cooper Point peninsula. See MLS #s 2400739 & 2400754 for other lots. Big hurdles cleared with the county. Buy all 3 for development control, or just this one that is good to go. Level and nicely forested for privacy depending on clearing. A peaceful location, but close-in to city and services. NO HOA restrictions! Must have licensed broker with you to walk property.

2702 43rd Avenue NW, Olympia

Listing courtesy of Realty One Group Bold.

$260,000
2400739 MLS ⋅ ACTIVE Status
One of three, 2 acre lots in desirable Cooper Point peninsula. See MLS #s 2400775 & 2400754 for other lots. Corner lot allows for more possible ingress/egress options. Seller has performed extensive studies and development work to determine building options. Level, nicely forested privacy depending on clearing. Close-in to city and services, but in a peaceful location. NO HOAs or city building restrictions! Build the dream home here, get all 3 to create that private estate, or hold to develop later. Timber value with selective clearing to help offset development. Must have licensed broker with you to walk property.

2734 43rd Avenue NW, Olympia

Listing courtesy of Realty One Group Bold.

$249,900
2399233 MLS ⋅ ACTIVE Status
Ready to build lot off Gravelly Beach Loop! Parcel has Approved 4 bedroom septic design, well, power, road, & Xfinity and is ready to build! Property has installed private road, underground power, approved 4 bedroom septic design, Comcast high speed internet & a well! Come build your dream home in the Griffin School District on this lot that is just waiting for your custom home design. 5 acres bordering Fye Creek. Great soils mean you will save money only needing a basic septic pressure system. Super peaceful & quiet with deer and wildlife all around. All the hard work is done, just bring your building plans and see your dreams take shape! Griffin School District does not charge any impact fees for Single Family Homes. Owner financing available.

5728 Duane Lane NW, Olympia

Listing courtesy of Century 21 Van Dorm Realty.

$699,900
4 Beds ⋅ 3 Baths ⋅ 2392668 MLS ⋅ ACTIVE Status
Beautiful custom home on almost an acre! 4 bedrms plus huge bonus room. 2.75 bathrooms. 3 car attached garage and a detached 28x 49 custom garage/shop which includes an RV height overhead door, vaulted ceilings, hardi-plank siding, stone accents, & a 700 sq ft room at the back end (work shop, ADU, etc). The home includes a large master bedrm w/ vaulted ceilings, master bathrm w/ a soaking tub and custom tiled walk-in shower, living rm w/ 9' high coffered ceilings, family rm w/ floor to ceiling built-ins, gas log fireplace, & slider to lrg backyard deck, kitchen w/ a T shaped island, quartz counter tops & shaker style cabinets. Tankless gas water heater, heat pump & central A/C. Nicely landscaped. Fully fenced back yard. Easy access to I-5.

4819 181st Lane SW, Rochester

Listing courtesy of Group 7 Inc., Real Estate Serv.

$498,500
4 Beds ⋅ 2 Baths ⋅ 2397786 MLS ⋅ ACTIVE Status
NICE PASSIVE INVESTMENT! Centrally located in the heart of Lacey, this charming duplex is within walking distance of grocery stores, restaurants, and shopping. Tucked away at the end of the street for added privacy, the property features a spacious fenced backyard with mature trees. This well-maintained single-story duplex. Each unit offers 2 bedrooms, 1 bathroom, utility room with washer and dryer, kitchen appliances. The living room entry in each unit includes a cozy wood-burning fireplace. Occupied with responsible, long-term tenants. This is a fantastic opportunity to live in one unit and use the rental income to help cover your mortgage. Total SQFT 2-units 1832

1414 Hensley Street NE Unit #1412, Lacey

Listing courtesy of Networks Real Estate LLC.

$499,900
2396556 MLS ⋅ ACTIVE Status
THIS is the opportunity you have been waiting for!!! Refresh this charming piece of history and be your own boss! Central location between East Olympia and Yelm. THREE TOTAL PARCELS equals just over a half acre lot! Currently has propane sales and busy convenience store. Perfect opportunity to add gas pumps. Commercial Kitchen! Upstairs of the building has rental/living potential. So much to offer! Buyer to verify all information.

8245 Rich Road, Olympia

Listing courtesy of eXp Realty.

$499,900
2396270 MLS ⋅ ACTIVE Status
THIS is the opportunity you have been waiting for!!! Refresh this charming piece of history and be your own boss! Central location between East Olympia and Yelm. THREE TOTAL PARCELS equals just over a half acre lot! Currently has propane sales and busy convenience store. Perfect opportunity to add gas pumps. Commercial Kitchen! Upstairs of the building has rental/living potential. So much to offer! Buyer to verify all information.

8245 Rich Road, Olympia

Listing courtesy of eXp Realty.

$498,500
2390066 MLS ⋅ ACTIVE Status
Attention Investors: Nice duplex near city of Lacey amenities within walking distance to groceries, restaurants and bigger shopping center. This duplex is located at the end street offering privacy. Spacious fenced backyard with some trees. Nice responsible and established tenants who wish to stay. A well-maintained single-story duplex, each unit offers 2-beds, 1-bath, utility room with washer and dryer, refrigerator. Living room/entry way offers a small wood burning fireplace and a single car garage.

1414 Hensley Street NE Unit #1412, Lacey

Listing courtesy of Networks Real Estate LLC.

$449,500
2 Beds ⋅ 3 Baths ⋅ 2389321 MLS ⋅ ACTIVE Status
This stand-alone condo has been quietly overlooked—but it shouldn’t be. With fresh siding and new roofs already paid for, the big-ticket items are DONE. Step inside to sweeping city views, a chef’s kitchen built for entertaining, and a location that keeps you close to everything. Homes with this combination of updates, privacy, and scenery rarely sit—this one is simply waiting for the right buyer to look again. If you saw it before, it’s time for a second look.

813 McCormick Street SE, Olympia

Listing courtesy of Olympic Sotheby's Int'l Realty.

$200,000
2387380 MLS ⋅ ACTIVE Status
Location, Location, Location! This is a rare opportunity to own a spacious 0.7-acre duplex lot on Olympia’s desirable Eastside, tucked away on a quiet dead-end street. Included in the sale are approved building plans for a single-family home—just bring your builder! All improvements are documented and ready for construction. Zoned R 4-8, this lot offers flexibility for a single-family home, duplex, or townhome project. Utilities are available in the street, and sewer is accessible via McCormick (buyer to verify with the City of Olympia). Just minutes from schools, shopping, downtown, and I-5. Don’t miss your chance to build in one of Olympia’s most sought-after neighborhoods!

12th Avenue SE, Olympia

Listing courtesy of Redfin.

$150,000
2379933 MLS ⋅ ACTIVE Status
Is five acres too much land? We have the perfect two acre parcel for you! Level, dry, and ready to be developed. Property is partially fenced pasture land and offers already built animals shelters - the journey to developing your hobby farm is already on its way! Sitting on the main road that leads in and out of Yelm, you are moments from schools, dining, and shopping, and I-5, Lacey, and JBLM are just a short commute away. Bonus of outskirts living: miss the traffic! Drill a well, bring power on site, install a septic system, and build the home of your dreams! Or, if two acres isn't quite enough land, there are two neighboring parcels also up for sale separately.

14526 SE Yelm Avenue, Yelm

Listing courtesy of RE/MAX Country.

$150,000
2379951 MLS ⋅ ACTIVE Status
Bring your homesteading dreams to life on this long and level two acre parcel. Just outside the Yelm city limits, enjoy all the town amenities (schools, shopping, entertainment) while still living in the county jurisdiction. A short drive to I5, Lacey, and JBLM (or take the bus with a stop just down the street!). Whether you are looking for a rambler or a two-story home, this is the property for you. Dry with no recorded wetlands, currently being used as pasture land (partially fenced). Install utilities and get ready to build! Two additional neighboring parcels are listed separately for sale - potential to own six acres!

14602 SE Yelm Avenue, Yelm

Listing courtesy of RE/MAX Country.

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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