Unlock incredible income potential with this 75+ acre equestrian property! Once a thriving thoroughbred facility with horses competing at Longacres and Emerald Downs & host to summer gaming events, it’s now home to quarter horses and a horse boarding facility. The property offers a large outdoor arena with an announcers building, two barns with 39 stalls, about 30 paddocks with loafing sheds, a duplex, a 2-bedroom, 1-bath single-family home, two wells, multiple outbuildings, riding trails, and stunning views. With vision, you can restore this estate to its former glory. Perfect for investment, training, rescue, or other equestrian ventures. Tour today and explore the potential that awaits!
Sold
Listed by: Keller Williams Realty • Sandra Ewton
Bought with: RE/MAX Parkside Affiliates
$1,400,000
7307 Spurgeon Creek Road SE, Olympia, WA 98513
2beds
3,709sqft
Single Family Residence
Built in 1952
75.25 Acres Lot
$1,383,100 Zestimate®
$377/sqft
$2,704 Estimated rent
Home value
$1,383,100
$1.27M - $1.49M
$2,704/mo
Zestimate® history
Owner options
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$2,704/mo
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$2,704/mo
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$8,404/mo
Est. payment
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$8,404/mo
Est. payment
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List your homeWhat's special
Riding trailsStunning viewsAnnouncers building
Zillow last checked:
Listing updated:
Listed by:
Sandra Ewton,
Keller Williams Realty,
Amanda Goff,
Keller Williams Realty
Bought with:
Kyle Schrader, 122699
RE/MAX Parkside Affiliates
Source: NWMLS as distributed by MLS GRID,MLS#: 2304813
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Other
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Stove/Free Standing, Electric
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total structure area: 3,709
- Total interior livable area: 3,709 sqft
Property
Parking
- Parking features: Driveway, RV Parking
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Has view: Yes
- View description: Territorial
Lot
- Size: 75.25 Acres
- Dimensions: 3,277,890
- Features: Open Lot, Barn, Fenced-Partially, Outbuildings, RV Parking, Shop, Stable
- Topography: Equestrian,Level
- Residential vegetation: Brush, Pasture
Details
- Parcel number: 11711210100
- Zoning description: Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Block
- Roof: Composition
Condition
- Year built: 1952
- Major remodel year: 1987
Utilities & green energy
- Sewer: Septic Tank
- Water: Individual Well
Community & HOA
Community
- Subdivision: Olympia
Location
- Region: Olympia
Financial & listing details
- Price per square foot: $377/sqft
- Tax assessed value: $905,300
- Annual tax amount: $9,022
- Date on market: 3/25/2025
- Cumulative days on market: 484 days
- Listing terms: Conventional,Farm Home Loan
Price history
| Date | Event | Price |
|---|---|---|
| 2/27/2025 | Sold | $1,400,000-3.4%$377/sqft |
Source:  NWMLS as distributed by MLS GRID #2304813 Report a problem | ||
| 10/30/2024 | Pending sale | $1,450,000$391/sqft |
Source: NWMLS as distributed by MLS GRID #2304813 Report a problem | ||
| 10/24/2024 | Listed for sale | $1,450,000$391/sqft |
Source: NWMLS as distributed by MLS GRID #2304813 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,822 -24.4% | $905,300 -2.1% |
| 2023 | $9,023 +26.7% | $925,100 +22.2% |
| 2022 | $7,121 +9.5% | $756,800 +30.7% |
| 2021 | $6,501 -8.4% | $579,000 +6.6% |
| 2020 | $7,094 +15.4% | $543,200 -14.1% |
| 2019 | $6,149 -18.8% | $632,300 +14.1% |
| 2018 | $7,576 +19.9% | $554,400 +16.7% |
| 2017 | $6,320 | $475,000 +4.2% |
| 2016 | $6,320 | $455,700 +1.9% |
| 2014 | $6,320 | $447,200 |
| 2011 | -- | -- |
| 2009 | $7,265 +5.8% | -- |
| 2007 | $6,867 -26.9% | -- |
| 2006 | $9,399 +43.5% | -- |
| 2005 | $6,551 | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
Find assessor info on the county website
Neighborhood: 98513
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Nearby schools
GreatSchools rating
- 6/10Southworth Elementary SchoolGrades: PK-5Distance: 6.2 mi
- 6/10Yelm Middle SchoolGrades: 6-8Distance: 8.1 mi
- 4/10Yelm High School 12Grades: 9-12Distance: 7.2 mi
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Estimated market value
$1,383,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,383,100
- Washington
- Thurston County
- Olympia
- 98513
- 7307 Spurgeon Creek Road SE
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