$875,000
Est. $4,434/mo5420 Nw 66th Avenue, Olympia, WA 98502
• Listed 2026-04-15•44 days on market
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**29 Acres Subdivision-Ready Raw Land | 5-Acre Parcels | West Olympia | Griffin School District | Power at Road | No Easement Needed** The property supports division into 5-acre parcels under current zoning, yielding 5–6 buildable homesites. Two critical cost barriers have already been eliminated: existing road Individual 5-acre parcels in this area are selling in the $150,000–$250,000 range, giving a subdivided retail-out value of $875,000–$1,350,000. At the asking price of $875,000 Electrical power available at the road Direct road access from 66th Avenue NW — no new easement required Subdividable into 5-acre parcels (5–6 lots) under current zoning 29 acres of raw, undeveloped land — no structures, no demo costs
Open houses
No upcoming open houses scheduled for this property.
$657,000
-$218,000 under list price
Nearby comparable homes
RexMont uses 4 strongest recent nearby sales, priced between $521K and $884K.
Rental earnings
$1,975/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$521,000Last sold price
7031 Gallagher Cove Road Nw, Olympia, WA 98502
$719,000Last sold price
4815 Sunrise Beach Road Nw, Olympia, WA 98502
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.
5420 Nw 66th Avenue, Olympia, WA 98502
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.
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of April 30, 2026 at 10:56am (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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Listed by Bill Johnson • William E. Johnson
Listing updated: April 30, 2026 at 10:56am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2507894
Paul Oczkewicz · Virgil Adams Real Estate, Inc.
Olympia is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 10 days.
$1,500,000 Sold
5 months ago
3 bd•3.5 ba
6141 Elizan Drive Nw, Olympia, WA 98502
12%
Under list
—
Days on market
0.7 mi
Distance
$521,000 Sold
6 months ago
1 bd•0.5 ba•~1,134 sq ft•Single Family
7031 Gallagher Cove Road Nw, Olympia, WA 98502
3%
Under list
—
Days on market
0.6 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 · Updated Jun 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
