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$924,950 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,553 Sq. Ft.
  • Updated 20 minutes ago

Listed by Courtney K. Drennon | Morrison House Sotheby's Intl | (253) 581-5100

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Welcome to the Rainier plan at Mills Heights, an intimate new community of just 6 homes perched above Black Lake, with each residence set on a private 5 to 11 acre homesites. A tree-lined paved road winds through the former nursery grounds, where mature landscaping & an extraordinary variety of established trees create a setting unlike any traditional new development. Set on 5.49 acres, this beautifully designed home offers 3 beds, an oversized bonus room, 2.5 baths & a 3 car garage. The stunning kitchen features quartz slab countertops, shaker maple cabinetry w/ full-extension guides and soft-close drawers, an eating bar & stainless steel appliances. The kitchen flows effortlessly into a casual dining nook + spacious great room, while a formal dining room & butler's pantry w/ wine cooler add a refined touch for entertaining. Hardwood flooring extends through the entry, formal dining room, kitchen & nook. The generous primary suite offers a 5-piece bath w/ tile flooring, a tiled shower & a large walk-in closet. Quartz countertops continue throughout the bathrooms for a cohesive, elevated finish. A substantial backyard patio expands the home's living space outdoors, surrounded by the privacy & natural beauty of the acreage. Solar panels, a heat pump, an electric hybrid water heater provide modern comfort & energy efficiency. Peaceful and Private, this is the what you've been waiting for...

Full Property Details for 4130 40th Ln SW

General

  • Price: $924,950
  • Taxes: $1,000 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2588000
  • Updated: 9/27/2026
  • Added to Site: 2 day(s) ago

Interior

  • Interior Features: Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, High Tech Cabling, Pantry, Triple Pane Windows, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wet Bar, Wine/Beverage Refrigerator
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas
  • Appliances: Dishwasher(s), Garbage Disposal, Microwave(s), Stove(s)/Range(s)
  • Flooring: Ceramic Tile, Engineered Hardwood, Carpet

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper - Full Baths: 2
  • Main Floor Baths: 1
  • Main - 1/2 Baths: 1

Bedrooms

  • Total Bedrooms: 4
  • Bedrooms Upper: 4

Additional Information

  • Amenities: Cable TV, Gated Entry, High Speed Internet, Patio, Propane
  • Security/Safety: Security Gate

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Covered Spaces: 3
  • Uncovered Spaces: 6
  • Parking Features: Driveway, Attached Garage, Off Street

Location

  • Area: 443 - Tumwater
  • County: Thurston
  • Subdivision: Black Lake
  • Building Name: Mills Heights
  • Driving Directions: From 101 South, Exit Black Lake BLVD. Right on Black Lake, Right on 40th Lane SW.

School Information

  • High School District: Tumwater

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: 90%+ High Efficiency, Forced Air, Heat Pump
  • Heating Type: 90%+ High Efficiency, Forced Air, Heat Pump, Recirculation Pump
  • Water Heater: Electric Recirc

Utilities

  • Sewer: Septic Tank
  • Water: See Remarks, Shared Well

Structural Information

  • Architectural Style: Contemporary
  • Structure Type: House
  • Builder: Shepard Family Homes
  • Construction Status: Under Construction
  • Exterior Const.: Cement Planked, Stone
  • Basement Desc.: None
  • Foundation: Poured Concrete
  • Roof: Composition
  • Entry Location: Main
  • Square Feet: 2,553
  • Finished Total: 2,553 Sq. Ft.
  • Year Built: 2026
  • Property Condition: Under Construction

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 5.49
  • Lot Size (Sq. Ft.): 239,144
  • Lot Size Source: Public Records
  • Topography: Level, Partial Slope
  • Lot Features: Dead End Street, Open Space, Paved, Secluded, Value In Land
  • Trees/Vegetation: Garden Space, Wooded

Green Features

  • Energy Efficient: Double Wall

Financial Considerations

  • Tax Amount: $1,000
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Garbage Disposal, Microwave(s), Stove(s)/Range(s)
  • Property ID: 9308030223
  • Lot Number: 2

Listed by Courtney K. Drennon | Morrison House Sotheby's Intl | (253) 581-5100

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Schools serving 4130 40th Ln SW

School District:Tumwater School District
NameGradesDistance
Tumwater Hill Elementary School
3120 Ridgeview Loop Southwest, Tumwater, WA 98512
K-52.1 mi
Tumwater Middle School, Tumwater, WA
6335 Littlerock Road Southwest, Tumwater, WA 98512
6-82.5 mi
A G West Black Hills High School
7741 Littlerock Road SW, Tumwater, WA 98512
9-122.6 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 4130 40th Ln SW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/26/2026
Listed
$924,950
81.36%
MLS
6/30/2026
Sold
$510,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4130 40th Ln SW

Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,220
22%
$139,100
22%
2025
$1,000
1%
$114,000
2%
2024
$995
2269%
$111,500
6%
2021
$42
-95%
$105,100
8%
2023
$870
1971%
$97,700
15408%
2021
$42
-2%
$630
—
2020
$43
2%
$630
5%
2019
$42
14%
$600
—
2018
$37
-12%
$600
—
2017
$42
—
$600
9%
2016
$42
2%
$550
—
2015
$41
2%
$550
12%
2014
$40
—
$490
—
View All
Disclaimer: Historical tax 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 Courtney K. Drennon | Morrison House Sotheby's Intl | (253) 581-5100

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4130 40th Lane SW, Olympia, WA 98512 (MLS# 2588000) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 4130 40th Lane SW is currently listed for $924,950 and was received on September 26, 2026. Want to learn more about 4130 40th Lane SW? Do you have questions about finding other Single Family real estate for sale in Olympia? You can browse all Olympia real estate or contact a Coldwell Banker agent to request more information.

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