All homes

$298,500

5142 Palermo Rosa Lane

Olympia, WA 98512

Active

Beds

Baths

Sq Ft

Lot

4.73 ac

Year built

Type

Land

Days listed

66

MLS #

2543790

About this home

Rare opportunity to own a nearly 5-acre cleared homesite just minutes from town! Finding a parcel of this size, quality, and location is becoming increasingly difficult. Most of the legwork has already been completed, including conditional site approval for a 2,500± sq. ft. home, making it easier to bring your vision to life. Well and power are already on site, saving valuable time and expense. Enjoy beautiful territorial views, abundant natural light, and the peace of mind that comes with perpetual privacy. Located within the highly desirable Tumwater School District, this property offers the perfect balance of rural tranquility and everyday convenience. Whether you're ready to build now or planning for the future, this is an exceptional opportunity to create your dream home in a setting that is truly hard to replicate.

Schools

Elementary

Littlerock Elem

Middle

George Wash Bush Mid

High

Tumwater High

Property details

Lot
Corner Lot
Water source
Drilled Well
Sewer
Not Available
Utilities
Electricity Connected, Septic Design Applied

Estimate your monthly payment

$1,509/mo

Principal & interest
$1,509
Loan amount $238,800

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 98512

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Capitol Real Estate LLC— Justin W Hjelm.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.

No spam. We'll only reach out about your search.