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$449,950 Just Listed

  • For Sale
  • Active
  • Land Residential
  • 6.68 Acres
  • Updated 4 hours ago

Listed by Gabriel Hofer | Skyline Properties, Inc. | (253) 604-6000

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RARE OPPERTUNITY IN PRIME OLYMPIA LOCATION! Nearly 7 acres of flat, usable land in one of Olympias more desirable neighborhoods - ready for your custom dream home! With a mix of open pasture & private forested wetlands at the rear, this property offers both space and serenity. A tear-down cabin currently sits on-site. Hard-to-find acreage like this, in such a sought-after area, doesn't come around often. Invest in the potential - & in the lifestyle. Property zoned R-4-8 units per acre. Great opportunity for residential or commercial investment. Come see this property for yourself & begin your vision for what it can become for you today!

Full Property Details for 3502 40th Ave SE

General

  • Price: $449,950
  • Taxes: $1,872 (2026)
  • Status: Active
  • Type: Land Residential
  • Source: NWMLS
  • MLS ID: 2511421
  • Updated: 4/22/2026
  • Added to Site: 1 day(s) ago

Location

  • Area: 448 - Olympia South
  • County: Thurston
  • Subdivision: South Eastside Olympia
  • Driving Directions: On Fones Rd SE, go .6 mi & take 1st exit onto 18th Ave SE. .1 mi take the 3rd exit onto Hoffman Rd SE. .5 mi turn left onto 27th Ave SE. .2 mi on Wiggins Rd SE, go 1 mi & turn right onto 40th Ave SE.

School Information

  • High School District: North Thurston
  • Elementary School: Horizons Elem
  • Middle School: Komachin Mid
  • High School: Timberline High

Utilities

  • Electric Available: Yes
  • Water: Drilled Well
  • Utility Description: Electricity Connected, Natural Gas Available

Structural Information

  • Structure Type: Unspecified

Lot Features

  • Lot Size (Acres): 6.68
  • Lot Size (Sq. Ft.): 290,981
  • Lot Size Source: tax Records
  • Street/Road Desc.: Access Easement, Gravel
  • Topography: Level
  • Lot Features: Dead End Street
  • Zoning: Residential

Financial Considerations

  • Tax Amount: $1,872.62
  • Tax Year: 2026
  • Terms: Cash, Conventional, Rehab Loan

Disclosures and Reports

  • Special Conditions: None
  • Restrictions: No Restrictions
  • Property ID: 11830440500

Listed by Gabriel Hofer | Skyline Properties, Inc. | (253) 604-6000

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Schools serving 3502 40th Ave SE

School District:North Thurston Public Schools
NameGradesDistance
Horizons Elementary School
4601 67th Ave SE, Lacey, WA 98513
K-52.1 mi
Komachin Middle School
3650 College Street Southeast, Lacey, WA 98503
6-81.2 mi
Timberline High School
6120 Mullen Road Southeast, Lacey, WA 98503
9-122.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3502 40th Ave SE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/21/2026
Listed
$449,950
267.31%
MLS
1/13/2004
Sold
$122,500
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Gabriel Hofer | Skyline Properties, Inc. | (253) 604-6000

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3502 40th Ave SE, Olympia, WA 98501 (MLS# 2511421) is a Land Residential property with a lot size of 6.68 acres. 3502 40th Ave SE is currently listed for $449,950 and was received on April 21, 2026. Want to learn more about 3502 40th Ave SE? Do you have questions about finding other Land Residential real estate for sale in Downtown Olympia? You can browse all Downtown Olympia real estate or contact a Coldwell Banker agent to request more information.

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