Excellent single-family or investor opportunity on 2 acres in a prime Tumwater location. Wetland and gopher studies are complete—no wetlands and no critical species identified, offering a smooth path forward for development. The property may be subdividable (maximum density, subject to City approval) and also presents a great option for a custom dream home with potential ADU. Water and sewer are available at the street, with no unexpected utility issues anticipated. Buyer to be aware of standard City of Tumwater frontage improvements (sidewalks, etc.). Buyer to verify all zoning, density, and development feasibility to their satisfaction. Seller is highly motivated—this property is truly ready to move forward.
178 days
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74
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2
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Zillow last checked:
Listing updated:
Listed by:
Victor Jones,
Keller Williams Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2465127
Facts & features
Interior
Features
Has fireplace: No
Interior area
Total structure area: 0
Property
Features
Has view: Yes
View description: Territorial
Lot
Size: 1.98 Acres
Features: Corner Lot, Paved
Topography: Sloped
Details
Parcel number: 33203200003
Zoning description: Residential,Jurisdiction: City
Special conditions: Standard
Utilities & green energy
Electric: In Street
Gas: In Street
Sewer: In Street
Water: Available, In Street, Jurisdiction: City of Tumwater
Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
Subdivision: Tumwater Hill
Location
Region: Olympia
Financial & listing details
Annual tax amount: $2,309
Date on market: 1/24/2026
Cumulative days on market: 169 days
Listing terms: Conventional,Farm Home Loan
Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,754/mo
Price history
Date
Event
Price
7/3/2026
Listed for sale
$325,000
Source: NWMLS as distributed by MLS GRID #2465127Report a problem
6/23/2026
Pending sale
$325,000
Source: NWMLS as distributed by MLS GRID #2465127Report a problem
6/19/2026
Price change
$325,000-11%
Source: NWMLS as distributed by MLS GRID #2465127Report a problem
5/9/2026
Price change
$365,000-18.9%
Source: NWMLS as distributed by MLS GRID #2465127Report a problem
3/23/2026
Price change
$450,000-7.2%
Source: NWMLS as distributed by MLS GRID #2465127Report a problem
2/27/2026
Price change
$485,000-3%
Source: NWMLS as distributed by MLS GRID #2465127Report a problem
1/14/2026
Listed for sale
$500,000+150%
Source: NWMLS as distributed by MLS GRID #2465127Report a problem
11/26/2021
Sold
$199,999
Source: NWMLS as distributed by MLS GRID #1755646Report a problem
10/11/2021
Pending sale
$199,999
Source: NWMLS as distributed by MLS GRID #1755646Report a problem
8/22/2021
Listed for sale
$199,999
Source: NWMLS as distributed by MLS GRID #1755646Report a problem
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Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
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.