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  • Listed by: Signature Service RE Olympia • Bojana M. Foster
    Bought with: Redfin
    $125,000

    5825 Stellar Lane SE, Olympia, WA 98513

    --beds
    --baths
    0.29Acres
    Unimproved Land
    Built in ----
    0.29 Acres Lot
    $151,900 Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    $151,900

    $131,000 - $185,000

    Not available

    Zestimate® history
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    What's special

    Level cleared lot
    Rare opportunity to secure a development-ready lot with strong upside and a low barrier to entry. This 0.29-acre parcel offers an excellent opportunity for investors, builders, or buyers ready to bring their vision to life. Whether you're planning a rental, resale, custom home, or a manufactured home for faster completion, this property is primed for success.The level, cleared lot is equipped with key utilities already in place—including water, electricity, and a 2-bedroom septic system—helping minimize upfront development costs and streamline your build timeline. Previously home to a mobile residence (removed approximately two years ago), the property is ready for its next chapter.Located on a quiet dead-end street with minimal traffic, this parcel offers both privacy and convenience. With no HOA restrictions and no wetlands, you’ll enjoy flexibility in your plans. An existing outbuilding provides valuable storage space for tools and materials during construction.Ideally situated with easy access to I-5 and JBLM, this location ensures a smooth commute while remaining close to everyday amenities. Whether you're building now or holding for future appreciation, this is a smart, versatile investment in a growing area.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bojana M. Foster,

    Signature Service RE Olympia

    Bought with:

    Joseph Vego, 130599

    Redfin

    Source: NWMLS as distributed by MLS GRID,MLS#: 2517425MLS Logo

    Facts & features

    Interior

    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 0

    Property

    Features
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 0.29 Acres
    • Dimensions: 85 x 145
    • Features: Dead End Street, Paved, Partially Cleared
    • Topography: Level
    Details
    • Parcel number: 09610027060
    • Zoning: MGSA
    • Zoning description: Residential,Jurisdiction: County
    • Special conditions: Standard

    Utilities & green energy

    • Electric: On Property
    • Gas: Not Available
    • Sewer: Not Available, Septic Design Installed
    • Water: On Property, Jurisdiction: Thurston PUD
    • Utilities for property: Electricity Connected, Septic Design Installed

    Community & HOA

    Community
    • Subdivision: Olympia
    Location
    • Region: Olympia

    Financial & listing details

    • Tax assessed value: $201,500
    • Annual tax amount: $2,198
    • Date on market: 5/3/2026
    • Listing terms: Conventional
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    7/24/2026Sold$125,000
    Source: NWMLS as distributed by MLS GRID #2517425 Report a problem
    6/28/2026Pending sale$125,000
    Source: NWMLS as distributed by MLS GRID #2517425 Report a problem
    5/3/2026Listed for sale$125,000+92.3%
    Source: NWMLS as distributed by MLS GRID #2517425 Report a problem
    1/29/2007Sold$65,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,198 +12.5%$201,500 +13.3%
    2024$1,953 +2.4%$177,800 -5.6%
    2023$1,907 +39.4%$188,300 +44%
    2022$1,368 +9%$130,800 +32.9%
    2021$1,255 -2.2%$98,400 +4.6%
    2020$1,284 +35.5%$94,100 +26.5%
    2019$948 -14.2%$74,400 -2.4%
    2018$1,105 +25.5%$76,200 +48.5%
    2017$880 $51,300 -16.4%
    2016$880 $61,350 +3.4%
    2014$880 $59,350 +7.8%
    2013-- $55,050
    2012$587 --
    2011-- --
    2010-- --
    2009$742 --
    2008-- --
    2007$750 -22.1%--
    2006$964 -30.2%--
    2005$1,380 --
    2004-- --
    2002-- --
    2001$531 +77.7%$33,100
    2000$299 $33,100
    Find assessor info on the county website

    Neighborhood: 98513

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Woodland Elem
    • Middle: Nisqually Mid
    • High: Timberline 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.