Back on market due to failed financing. Over 2,000+ sq ft | 4 bed · 2 bath ~ almost 8 acres — NO HOA! — Peaceful & serene Prime Olympia farm-home on acreage w additional buildable flat parcel opportunity. Minutes to Tumwater’s top-rated schools, shopping & dining. i5 is less than 15min away along w the cities of Tumwater, Olympia, & Lacey. 30min to JBLM. An hour to Seattle & less than 2 to Portland. Best of both worlds. New exterior/interior paint, super clean & well cared for, turn-key & ready to move into, classic charm w two huge rooms that can be used as family rooms, recreational rooms, living rooms, or any way your imagination lets you. Flexible office/dining spaces, tons of storage to say the least, & a large outbuilding for mower/storage. Ideal horse property or hobby farm—plenty of room for a huge shop, barn, 2nd home, livestock, or pasture. Enjoy long walks & bike rides on the Chehalis Western Trail located 1/10 mile away! Frequent wildlife visitors (eagles, deer & more!). Surrounded by high-value homes—strong upside for equity & rental/investment potential. Bring your vision: location, lot size, & layout make this a rare opportunity for lifestyle & long-term growth. New flooring & sub flooring in kitchen, new carpets thru-out, fresh paint thru-out most of the house, new full paint on exterior & front room, new electrical panel, home has pex-piping thru-out, front bathroom newly remodeled, 4 bedroom system. All the pipes coming from the house to the septic are new.
Active
Listed by: eXp Realty • Jackie E Davis
Price cut: $20K (7/10)
$630,000
5501 89th Avenue SE, Olympia, WA 98513
4beds
2,060sqft
Single Family Residence
Built in 1946
7.79 Acres Lot
$623,100 Zestimate®
$306/sqft
$-- HOA
What's special
New electrical panelTons of storageClassic charmFront bathroom newly remodeled
- 111 days |
- 1,669 |
- 82 |
Zillow last checked:
Listing updated:
Listed by:
Jackie E Davis,
eXp Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2486860
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 4
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Rec room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Forced Air, Electric, Propane, Wood
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Refrigerator(s), Washer(s), Water Heater: Electric, Water Heater Location: Pantry
Features
- Ceiling Fan(s), Dining Room
- Flooring: Laminate, Carpet
- Windows: Dbl Pane/Storm Window
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 2,060
- Total interior livable area: 2,060 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached Carport, RV Parking
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Water Heater
- Has view: Yes
- View description: Territorial
- Waterfront features: Creek
Lot
- Size: 7.79 Acres
- Features: Open Lot, Paved, Secluded, Value In Land, Cable TV, Fenced-Partially, High Speed Internet, Patio, Propane, RV Parking, Shop
- Topography: Level
- Residential vegetation: Fruit Trees, Garden Space, Pasture, Wooded
Details
- Parcel number: 40003800000
- Zoning: RRR1/5
- Zoning description: Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Brick, Wood Siding
- Foundation: Block, Poured Concrete, Slab
- Roof: Composition
Condition
- Year built: 1946
- Major remodel year: 1985
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: Septic
- Water: Individual Well, Company: Private Well
Community & HOA
Community
- Subdivision: East Olympia
Location
- Region: Olympia
Financial & listing details
- Price per square foot: $306/sqft
- Tax assessed value: $485,000
- Annual tax amount: $5,517
- Date on market: 4/3/2026
- Cumulative days on market: 103 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$623,100
$592,000 - $654,000
$2,998/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Price change | $630,000-3.1%$306/sqft |
Source:  NWMLS as distributed by MLS GRID #2486860 Report a problem | ||
| 7/3/2026 | Listed for sale | $650,000$316/sqft |
Source: NWMLS as distributed by MLS GRID #2486860 Report a problem | ||
| 6/24/2026 | Pending sale | $650,000$316/sqft |
Source: NWMLS as distributed by MLS GRID #2486860 Report a problem | ||
| 5/12/2026 | Price change | $650,000-3%$316/sqft |
Source: NWMLS as distributed by MLS GRID #2486860 Report a problem | ||
| 3/26/2026 | Listed for sale | $669,900+3.1%$325/sqft |
Source: eXp Realty #2486860 Report a problem | ||
| 11/30/2025 | Listing removed | $649,900$315/sqft |
Source:  NextHome #2406991 Report a problem | ||
| 11/20/2025 | Listed for sale | $649,900$315/sqft |
Source: NextHome #2406991 Report a problem | ||
| 11/1/2025 | Listing removed | $649,900$315/sqft |
Source: NextHome #2406991 Report a problem | ||
| 9/22/2025 | Price change | $649,900-3%$315/sqft |
Source: NextHome #2406991 Report a problem | ||
| 8/5/2025 | Listed for sale | $669,900$325/sqft |
Source: NextHome #2406991 Report a problem | ||
| 7/23/2025 | Listing removed | $669,900$325/sqft |
Source: NextHome #2406991 Report a problem | ||
| 7/15/2025 | Listed for sale | $669,900$325/sqft |
Source: NextHome #2406991 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,951 +211.9% | $485,000 -2.5% |
| 2023 | $1,587 +7.3% | $497,300 +11.8% |
| 2022 | $1,479 -12.1% | $444,800 +18.3% |
| 2021 | $1,683 -1.8% | $376,000 +30.4% |
| 2020 | $1,713 -50.9% | $288,400 -5.5% |
| 2019 | $3,490 -1.1% | $305,200 +13.8% |
| 2018 | $3,530 +22.8% | $268,100 +16.2% |
| 2017 | $2,874 | $230,800 +2.4% |
| 2016 | $2,874 | $225,300 +10.4% |
| 2014 | $2,874 | $204,150 -5.6% |
| 2013 | -- | $216,350 |
| 2012 | $3,161 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $3,495 | -- |
| 2008 | -- | -- |
| 2007 | $3,076 -26.1% | -- |
| 2006 | $4,160 +59.3% | -- |
| 2005 | $2,612 | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
| 2001 | $2,317 +9.3% | $141,450 +12.8% |
| 2000 | $2,121 | $125,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98513
Nearby schools
GreatSchools rating
- 6/10East Olympia Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 7/10George Washington Bush Middle SchoolGrades: 6-8Distance: 5.6 mi
- 8/10Tumwater High SchoolGrades: 9-12Distance: 5.3 mi
Schools provided by the listing agent
- Elementary: East Olympia Elem
- Middle: George Wash Bush Mid
- High: Tumwater High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local lender can help you make sure your offer is ready when you are.
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