5045 Houston Drive · Olympia, WA 98502
Source: NWMLS · Keller Williams Rty Tacoma · Kristin Tennison #NWM2584324
About this home
Owner’s change of plans creates a rare opportunity to own 5.18 waterfront acres and build the home you’ve imagined! Follow the path through towering trees, breathe in the salt air and settle beside the water as a gentle stream trickles nearby. Watch your animals graze across open pasture, enjoy glowing sunsets, and take in the peaceful outlook with no home directly in front. After 7 years of planning, $45,000 in environmental studies are complete and county approval has been secured for the proposed homesite. Existing power, well, septic, and driveway, plus an approved building site and even an outdoor riding arena. Invisible fencing surrounds the property’s perimeter for dogs. Enjoy pasture, mature and potentially marketable timber, waterfront and privacy on a quiet dead-end road near schools, shopping and town. Treasured by the owner for nearly 40 years, this remarkable property offers endless possibilities. Come walk the land, experience the serenity and imagine what you could create here! Don't let this one get away!
Location
Basics
- Property type
- Land
- Style
- Res-Over 1 Acre
- Lot size
- 225,641 sq ft (5.18 acres)
- County
- Thurston
- MLS #
- NWM2584324
Interior
- Heating
- None
- Cooling
- None
Exterior & lot
- Lot features
- Dead End Street
- View
- Bay, Ocean
- Waterfront
- Yes
Utilities
- Water
- Private Well
- Sewer
- Not Available
- Utilities
- Electricity Available, Septic Design Installed
Community & fees
- Subdivision
- Olympia
- Property tax
- $1,870 (2026)
Transaction
- Listed on
- Sep 17, 2026
- Days on market
- 2
- Listing terms
- Cash, Conventional
- Possession
- Closing
More homes nearby
Schools
School district: Olympia
- Elementary
- Buyer To Verify
- Middle
- Buyer To Verify
- High
- Capital High SchoolSchoolDigger 4 stars · Top 26% in WA

Listing provided courtesy of: Keller Williams Rty Tacoma
Listing agent: Kristin Tennison.
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 2026-09-18.