$449,950
Est. $2,280/mo3502 40th Ave Se, Olympia, WA 98501
• Listed 2026-04-21•52 days on market
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Based on information submitted to the MLS GRID as of April 21, 2026 at 10:48pm (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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RARE OPPERTUNITY IN PRIME OLYMPIA LOCATION! Nearly 7 acres of flat, usable land in one of Olympias more desirable neighborhoods - ready for your custom dream home! With a mix of open pasture & private forested wetlands at the rear, this property offers both space and serenity. A tear-down cabin currently sits on-site. Hard-to-find acreage like this, in such a sought-after area, doesn't come around often. Invest in the potential - & in the lifestyle. Property zoned R-4-8 units per acre. Great opportunity for residential or commercial investment. Come see this property for yourself & begin your vision for what it can become for you today!
Listed by Gabriel Hofer • Skyline Properties, Inc.
Listing updated: April 21, 2026 at 10:48pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2511421
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (8)
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Open Sun, Jun 14
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Open Sun, Jun 14$319,000
-$130,950 under list price
Nearby comparable homes
RexMont uses 2 strongest recent nearby sales, priced between $293K and $345K.
Rental earnings
$950/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$345,000Last sold price
3804 27th Avenue Se, Olympia, WA 98501
$293,400Last sold price
1232 Frederick Street Se, Olympia, WA 98501
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.
3502 40th Ave Se, Olympia, WA 98501
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
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$2,548 per month
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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 8 days.
$495,000 Sold
5 months ago
3 bd•2.5 ba•~1,766 sq ft•Single Family
3005 Powder Ridge Street Se, Olympia, WA 98501
1%
Under list
—
Days on market
0.8 mi
Distance
$599,000 Sold
6 months ago
4 bd•1 ba•~1,992 sq ft•Single Family
5506 Windemere Drive Se, Olympia, WA 98501
0%
Over list
—
Days on market
0.9 mi
Distance
$575,000 Sold
6 months ago
4 bd•1 ba•~2,206 sq ft•Single Family
5102 Donnelly Drive Se, Olympia, WA 98501
0%
Over list
—
Days on market
0.7 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
North Thurston 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.
