$650,000
Est. $3,294/mo4 bd•1 ba•2,060 sq ft
5501 89th Avenue Se, Olympia, WA 98513
• Listed 2026-03-26•26 days on market
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Based on information submitted to the MLS GRID as of May 18, 2026 at 10:12am (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Over 2,000+ sq ft | 4 bed · 2 bath ~ almost 8 acres — NO HOA! — this peaceful & serene Prime Olympia farm-home on acreage w additional buildable flat parcel opportunity. Just minutes to Tumwater’s top-rated schools, shopping & dining. i5 is less than 15min away along w the cities of Tumwater, Olympia, & Lacey. 30min to JBLM. An hour to Seattle & less than 2 to Portland. Best of both worlds. New exterior/interior paint, super clean & well cared for, turn-key & ready to move into, classic charm w two huge rooms that can be used as family rooms, recreational rooms, living rooms, or any way your imagination lets you. Flexible office/dining spaces, tons of storage to say the least, & a large outbuilding for mower/storage. Ideal horse property or hobby farm—plenty of room for a huge shop, barn, 2nd home, livestock, or pasture. Enjoy long walks & bike rides on the Chehalis Western Trail located a tenth of a mile away! Frequent wildlife visitors (eagles, deer & more!). Surrounded by high-value homes—strong upside for equity and rental/investment potential. Bring your vision: location, lot size, & layout make this a rare opportunity for lifestyle & long-term growth. Few things to note: New flooring & sub flooring in kitchen, new carpets thru-out, fresh paint thru-out most of the house, new full paint on exterior & front room, new electrical panel, home has pex-piping thru-out, front bathroom newly remodeled, 4 bedroom system. All the pipes coming from the house to the septic are new.
Listed by Jackie E Davis • eXp Realty
Listing updated: May 18, 2026 at 10:12am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2486860
Open houses
No upcoming open houses scheduled for this property.
$583,000
-$67,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $400K and $710K.
Rental earnings
$1,750/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$431,404Last sold price
5513 Balustrade Boulevard Se, Lacey, WA 98513
$710,000Last sold price
4738 Tenby Lane Se, Olympia, WA 98513
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
5501 89th Avenue Se, Olympia, WA 98513
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$3,917 per month
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6 months ago
4 bd•2.5 ba•~2,227 sq ft•Single Family
6708 Oakbrook Court Se, Olympia, WA 98513
0%
Over list
—
Days on market
0.9 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS
Tumwater School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
