3502 40th Ave SE · Olympia, WA 98501
Source: NWMLS · Skyline Properties, Inc. · Gabriel Hofer #NWM2511421
About this home
RARE OPPERTUNITY IN PRIME OLYMPIA LOCATION! Nearly 7 acres of flat, usable land in one of Olympias more desirable neighborhoods - ready for your custom dream home! With a mix of open pasture & private forested wetlands at the rear, this property offers both space and serenity. A tear-down cabin currently sits on-site. Hard-to-find acreage like this, in such a sought-after area, doesn't come around often. Invest in the potential - & in the lifestyle. Property zoned R-4-8 units per acre. Great opportunity for residential or commercial investment. Come see this property for yourself & begin your vision for what it can become for you today!
Location
Basics
- Property type
- Land
- Style
- Res-Over 1 Acre
- Lot size
- 290,981 sq ft (6.68 acres)
- County
- Thurston
- MLS #
- NWM2511421
Interior
- Heating
- None
- Cooling
- None
Exterior & lot
- Lot features
- Dead End Street
- Topography
- Level
- Waterfront
- No
Utilities
- Water
- Drilled Well
- Sewer
- Not Available
- Utilities
- Electricity Connected, Natural Gas Available
Community & fees
- Subdivision
- South Eastside Olympia
- Property tax
- $1,873 (2026)
Transaction
- Original list price
- $449,950 (2.2% price cut)
- Listed on
- Apr 21, 2026
- Days on market
- 402
- Listing terms
- Cash, Conventional, Rehab Loan
- Possession
- Closing
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2004-01-19
- Sold$122,500
Schools
School district: North Thurston
- Elementary
- Horizons Elem
- Middle
- Komachin Mid
- High
- Timberline High SchoolSchoolDigger 2 stars · Top 53% in WA
Listing provided courtesy of: Skyline Properties, Inc.
Listing agent: Gabriel Hofer.
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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-08-23.