ESTATE SETTING with PARKLIKE 5 ACRE LOTS - **New Price!!! Just off the Puget Sound (Tolmie State Park). Private winding driveway nestled amongst tall evergreens opening to an amazing flat cleared building area. Conditional Site Approval for Lot 3 already...! Some septic engineering completed. The additional contiguous 5 acres (Lot 1 APN #11922410500 is available for $375,000....). Natural Gas is available and Power nearby! SELLER FINANCING - Available subject to Buyer information and Seller's approval thereof. NOTE: 10/15/25. LOT 3 is PENDING at this time...
Sold
Listed by: RE/MAX Parkside Affiliates • Thomas Schrader
Bought with: Gateway Real Estate
$375,000
7418 Grayhawk Lane NE, Olympia, WA 98516
--beds
--baths
5.07Acres
Unimproved Land
Built in ----
5.07 Acres Lot
$-- Zestimate®
$--/sqft
$2,548 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,548/mo
Zestimate® history
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List your homeWhat's special
Flat cleared building areaPrivate winding drivewayTall evergreens
Zillow last checked:
Listing updated:
Listed by:
Thomas Schrader,
RE/MAX Parkside Affiliates
Bought with:
Lori L. Vandelac, 50109
Gateway Real Estate
Source: NWMLS as distributed by MLS GRID,MLS#: 2400467
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Features
- Has view: Yes
- View description: See Remarks, Territorial
Lot
- Size: 5.07 Acres
- Dimensions: 329 x 670
- Features: Cul-De-Sac, Dead End Street, Brush, Corners Flagged, Evergreens, Lightly Treed, Partially Cleared
- Topography: Level,Rolling
Details
- Parcel number: 11922410700
- Zoning: RRR 1/5
- Zoning description: Residential,Jurisdiction: County
- Special conditions: Standard
Utilities & green energy
- Electric: Available
- Gas: Available
- Sewer: Not Available, Septic: Private Septic
- Water: Available, Well Needed, Jurisdiction: Private Well
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Features: CCRs
- Subdivision: Hawks Prairie
HOA
- Services included: Road Maintenance
- HOA fee: $50 monthly
Location
- Region: Olympia
Financial & listing details
- Tax assessed value: $163,200
- Annual tax amount: $1,810
- Date on market: 10/5/2025
- Cumulative days on market: 290 days
- Listing terms: Conventional,VA Loan
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 12/23/2025 | Sold | $375,000-6% |
Source:  NWMLS as distributed by MLS GRID #2400467 Report a problem | ||
| 9/5/2025 | Price change | $399,000-20% |
Source: NWMLS as distributed by MLS GRID #2400467 Report a problem | ||
| 6/28/2025 | Listed for sale | $499,000 |
Source: NWMLS as distributed by MLS GRID #2400467 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,809 +26.5% | $163,200 +11.2% |
| 2023 | $1,430 +17.3% | $146,700 +19.3% |
| 2022 | $1,219 -17% | $123,000 -1.3% |
| 2021 | $1,470 -6.5% | $124,600 +0.2% |
| 2020 | $1,572 +31.1% | $124,300 +0.6% |
| 2019 | $1,199 -36.4% | $123,500 +15.4% |
| 2018 | $1,885 +12.8% | $107,000 -26.5% |
| 2017 | $1,671 | $145,600 +10.2% |
| 2016 | $1,671 | $132,100 +5.9% |
| 2014 | $1,671 | $124,750 |
Find assessor info on the county website
Neighborhood: 98516
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Nearby schools
GreatSchools rating
- 8/10South Bay Elementary SchoolGrades: PK-5Distance: 3.3 mi
- 5/10Chinook Middle SchoolGrades: 6-8Distance: 4.9 mi
- 7/10North Thurston High SchoolGrades: 9-12Distance: 5.1 mi
Schools provided by the listing agent
- Elementary: South Bay Elem
- Middle: Chinook Mid
- High: North Thurston 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.
- Washington
- Thurston County
- Olympia
- 98516
- 7418 Grayhawk Lane NE
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