About this home

Investor Alert: Rare Dual-Lot Opportunity! Unlock the potential of this 2 bed / 1 bath home with 2 separate parcels totaling just under ½ acre in R6-12 zoning! Located near San Fran bakery and offering a peek-a-boo view of the sound, this property is bursting with possibilities. The home features a 2-car garage AND a dedicated RV garage, and the extra lot offers flexibility for expansion, development, or garden oasis. Bonus: Sewer connection already in place between both parcels! Whether you're looking to develop multifamily housing, build a second home, or simply enjoy a generous garden space, this is the property you’ve been waiting for. Imagine the possibilities – act fast, this won't last!

Interior features

Dining Room

Exterior features

WoodWood Products

Appliances

Dishwasher(s)Refrigerator(s)Stove(s)/Range(s)

Schools

Elementary

Roosevelt Elementary

Middle

Reeves Mid

High

Olympia High

Property details

Heating: Baseboard, Radiant
Cooling: None
Flooring: Vinyl
Parking: Detached Carport, Driveway, Detached Garage, Off Street, RV Parking
View: Partial, Sound
Lot: Dead End Street, Paved
Water source: Public
Sewer: Available, Septic
Levels: One

Costs

Price / sq ft: $533
Annual taxes: $3,575 (2025)

Estimate your monthly payment

$2,725/mo

Principal & interest: $2,427
Property taxes: $298

Down payment (20%) $96,000 Interest rate (%) Loan term (years)

Loan amount $384,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Olympia, WA 98506

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Better Properties - Metro— Darcy Eggeman.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

Interested in this home?

Request a private tour or ask a question — a local agent will respond personally.