Discover nearly 5 acres of opportunity in one of Olympia's most sought-after rural settings. Located along Libby Rd, this beautiful property offers a great blend of privacy, natural beauty and convenience. The lot has a beautiful flat building area along with a forested backyard. The second half has a modest slope down to private creek access which winds through the back half of the lot. The location is rural, but within minutes of Boston Harbor, waterfront recreation, parks and downtown Olympia.
Active
Listed by: Keller Williams Rty Tacoma • Michael Putnam
$225,000
4248 Libby Road NE, Olympia, WA 98506
--beds
--baths
4.97Acres
Unimproved Land
Built in ----
4.97 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Forested backyardPrivate creek accessBeautiful flat building areaSought-after rural settings
- 36 days |
- 357 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
Michael Putnam,
Keller Williams Rty Tacoma
Source: NWMLS as distributed by MLS GRID,MLS#: 2545181
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Features
- Has view: Yes
- View description: Territorial
- Waterfront features: Creek
Lot
- Size: 4.97 Acres
- Dimensions: 189/1149
- Features: Paved, Stream/Creek
- Topography: See Remarks
- Residential vegetation: See Remarks
Details
- Parcel number: 11931230100
- Zoning: R1/5
- Zoning description: Residential,Jurisdiction: County
- Special conditions: Standard
Utilities & green energy
- Electric: In Street
- Gas: Not Available
- Sewer: Not Available
- Water: Private Well, Well Needed, Jurisdiction: Well
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: South Bay
Location
- Region: Olympia
Financial & listing details
- Tax assessed value: $181,300
- Annual tax amount: $1,805
- Date on market: 7/2/2026
- Cumulative days on market: 37 days
Estimated market value
Not available
Estimated sales range
Not available
$1,897/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Listed for sale | $225,000+309.1% |
Source:  NWMLS as distributed by MLS GRID #2545181 Report a problem | ||
| 10/18/2004 | Sold | $55,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,634 +10.1% | $181,300 |
| 2023 | $1,485 +8.4% | $181,300 +14.2% |
| 2022 | $1,369 -15.8% | $158,700 +1.3% |
| 2021 | $1,627 +0.3% | $156,700 +7.3% |
| 2020 | $1,621 +47.7% | $146,100 +15.6% |
| 2019 | $1,098 -16.3% | $126,400 +11.4% |
| 2018 | $1,312 +20% | $113,500 +0.2% |
| 2017 | $1,094 | $113,250 +19.7% |
| 2016 | $1,094 | $94,650 +3.7% |
| 2014 | $1,094 +23.4% | $91,300 |
| 2007 | $887 -13.3% | -- |
| 2006 | $1,023 +68.3% | -- |
| 2005 | $608 | -- |
| 2002 | -- | -- |
| 2001 | $749 -3.6% | $51,500 |
| 2000 | $777 | $51,500 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 98506
Nearby schools
GreatSchools rating
- 8/10South Bay Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 5/10Chinook Middle SchoolGrades: 6-8Distance: 3.3 mi
- 7/10North Thurston High SchoolGrades: 9-12Distance: 3.2 mi
- $120,0002.69 acres0 Libby Rd NE, Olympia, WA 98506Lot/Land
- $790,0004 bd3 ba2.5k sqft4223 Libby Rd NE, Olympia, WA 98506Sold
- $920,0003 bd3 ba2.4k sqft4116 Libby Rd NE, Olympia, WA 98506Sold
- $575,0003 bd2 ba1.5k sqft4125 Libby Rd NE, Olympia, WA 98506Sold
- $960,0003 bd3 ba2.9k sqft4105 Libby Rd NE, Olympia, WA 98506Sold
- $576,0002 bd3 ba1.6k sqft4046 Libby Rd NE, Olympia, WA 98506Sold
- $730,0003 bd3 ba1.8k sqft4111 Lemon Rd NE, Olympia, WA 98506Sold
- $516,0003 bd1 ba1.6k sqft4240 Lemon Rd NE, Olympia, WA 98506Sold
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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