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  • 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
    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.
    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#: 2495942MLS Logo

      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

        DateEventPrice
        5/8/2026Price change$400,000-5.9%
        Source: NWMLS as distributed by MLS GRID #2495942 Report a problem
        4/10/2026Listed for sale$425,000
        Source: NWMLS as distributed by MLS GRID #2495942 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Getting around

        3 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        20 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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