A unique opportunity to acquire acreage where much of the initial development has already been thoughtfully completed. This 5.63-acre property offers 323 feet of Deschutes River frontage and is located in the Tumwater School District. A new septic system has been installed, the well is drilled, and power is available on site. A Conditional Site Approval was approved in 2011 for a 5-bedroom home with a shop (expired in 2014), and permitting is currently in progress to reissue site approval, giving buyers a clear path forward when it’s time to build. There’s a private driveway in and a cleared building area, so you’re not starting from scratch. The property is set up well for animals and usable ground, with pasture areas currently used for hay along with cross-fencing and gates already in place. Down by the river, you’ll find a great shaded area with a firepit—perfect for relaxing, hanging out, or enjoying evenings by the water. It’s a peaceful setting with a nice balance of open ground and natural surroundings. Private feel, but still close to Tumwater, schools, and I-5. Great opportunity to build on a waterfront property with much of the groundwork already completed.
Active
Listed by: Van Dorm Realty, Inc
Price cut: $25K (5/8)
$400,000
9842 Rich Road SE, Olympia, WA 98501
--beds
--baths
5.63Acres
Unimproved Land
Built in ----
5.63 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Private drivewayCleared building area
- 75 days |
- 560 |
- 42 |
Zillow last checked:
Listing updated:
Listed by:
Lynzie Kinnaman,
Van Dorm Realty, Inc
Source: NWMLS as distributed by MLS GRID,MLS#: 2495942
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Features
- Has view: Yes
- View description: River, Territorial
- Has water view: Yes
- Water view: River
- Waterfront features: River
- Frontage length: Waterfront Ft: 323
Lot
- Size: 5.63 Acres
- Features: Dead End Street, Open Lot, Secluded, Corners Flagged, Evergreens, Partially Cleared, Recreational
- Topography: Rolling,Sloped
Details
- Parcel number: 11719410503
- Zoning: RRR1/5
- Zoning description: Residential,Jurisdiction: County
- Special conditions: Standard
Utilities & green energy
- Electric: On Property
- Gas: Available
- Sewer: Not Available, Septic Design Applied, Septic Design Installed
- Water: Private Well
- Utilities for property: Electricity Connected, Natural Gas Available, Septic Design Applied, Septic Design Installed
Community & HOA
Community
- Subdivision: Olympia
Location
- Region: Olympia
Financial & listing details
- Tax assessed value: $185,300
- Annual tax amount: $2,017
- Date on market: 4/9/2026
- Cumulative days on market: 76 days
- Listing terms: Conventional
- Electric utility on property: Yes
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
$2,779/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Price change | $400,000-5.9% |
Source: | ||
| 4/10/2026 | Listed for sale | $425,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,951 -6.1% | $185,300 -5.1% |
| 2023 | $2,078 +51.5% | $195,300 +50.9% |
| 2022 | $1,371 -17.1% | $129,400 -2.6% |
| 2021 | $1,654 -2.2% | $132,800 +6.5% |
| 2020 | $1,691 +26.9% | $124,700 -5.2% |
| 2019 | $1,332 +18.6% | $131,600 +34.4% |
| 2018 | $1,123 -3% | $97,900 +35.1% |
| 2017 | $1,157 | $72,450 -15.2% |
| 2016 | $1,157 | $85,400 +9.1% |
| 2014 | $1,157 | $78,300 |
| 2013 | -- | $78,300 |
| 2012 | $1,094 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $1,597 | -- |
| 2008 | -- | -- |
| 2007 | $1,723 +5.1% | -- |
| 2006 | $1,640 | -- |
| 2005 | -- | -- |
| 2002 | -- | -- |
| 2001 | $540 -2.9% | $36,300 |
| 2000 | $556 | $36,300 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
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.
Climate risks
Neighborhood: 98501
Nearby schools
GreatSchools rating
- 6/10East Olympia Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 7/10George Washington Bush Middle SchoolGrades: 6-8Distance: 4 mi
- 8/10Tumwater High SchoolGrades: 9-12Distance: 4.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Washington
- Thurston County
- Olympia
- 98501
- 9842 Rich Road SE






