An outstanding opportunity to own 2.7 acres of prime vacant land, perfectly positioned for future development. Zoned LD 3–6, this expansive and level property offers significant potential for residential or mixed-use projects.
Sold
Bought with: Blue Summit Realty LLC
$1,162,000
8318 Pacific Avenue SE, Olympia, WA 98513
--beds
--baths
2.36Acres
Unimproved Land
Built in ----
2.36 Acres Lot
$-- Zestimate®
$--/sqft
$2,177 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,177/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Bought with:
Bana Labib, 81391
Blue Summit Realty LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2376972
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Lot
- Size: 2.36 Acres
- Topography: Level
Details
- Parcel number: 11823110200
- Zoning: LD 3-6
- Zoning description: Multi-Family,Jurisdiction: County
Utilities & green energy
- Electric: On Property
- Gas: In Street
- Sewer: In Street
- Utilities for property: Electricity Connected, Natural Gas Available
Community & HOA
Community
- Subdivision: Olympia
Location
- Region: Olympia
Financial & listing details
- Tax assessed value: $441,600
- Annual tax amount: $4,778
- Date on market: 5/14/2025
- Cumulative days on market: 317 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2025 | Sold | $1,162,000+77366.7% |
Source:  NWMLS as distributed by MLS GRID #2376972 Report a problem | ||
| 3/19/2021 | Sold | $1,500-99.1% |
Source: Public Record Report a problem | ||
| 7/19/1999 | Sold | $165,000 |
Source: NWMLS as distributed by MLS GRID #33168690 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,778 +11.5% | $441,600 +3.1% |
| 2023 | $4,286 +0.3% | $428,500 +1% |
| 2022 | $4,274 +2% | $424,300 +23.5% |
| 2021 | $4,189 +6.4% | $343,500 +14.3% |
| 2020 | $3,937 +20.7% | $300,500 -1.1% |
| 2019 | $3,261 -8.3% | $303,800 +12.3% |
| 2018 | $3,557 +37.1% | $270,500 +39.6% |
| 2017 | $2,595 | $193,750 +5.4% |
| 2016 | $2,595 | $183,750 +4% |
| 2014 | $2,595 | $176,700 +9.1% |
| 2013 | -- | $162,000 |
| 2012 | $1,903 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $2,264 | -- |
| 2008 | -- | -- |
| 2007 | $2,275 -22.4% | -- |
| 2006 | $2,932 -26.9% | -- |
| 2005 | $4,008 | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
| 2001 | $1,600 -2% | $97,950 |
| 2000 | $1,633 | $97,950 |
Find assessor info on the county website
Neighborhood: 98513
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Nearby schools
GreatSchools rating
- 6/10Seven Oaks Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 5/10Nisqually Middle SchoolGrades: 6-8Distance: 0.6 mi
- 4/10River Ridge High SchoolGrades: 9-12Distance: 1.3 mi
- Washington
- Thurston County
- Lacey
- 98513
- 8318 Pacific Avenue SE
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