Listed by RE/MAX Parkside Affiliates
$550,000

0 XXXX Gravelly Beach Loop NW Olympia, WA 98502

Estimated payment $3,455/month

Total Views 2,833
40 Acres
$13,750 Price per Acre
1,742,396 Sq Ft Lot

Highlights

  • Hot Property
  • 40 Acre Lot
  • No HOA
  • Gated Community
  • Territorial View
  • Level Lot

About This Lot

Beautiful 40-acre parcel just off Steamboat Island Road! Current zoning is RRR 1/5, this property offers multiple building sites and great potential. A Wetland Reconnaissance has been completed by Land Services Northwest. Whether you’re seeking a private setting for your dream home or considering a large lot subdivision, this land is worth a look. The property includes both timber and open ground, providing versatile building opportunities. Ideally located just minutes from downtown Olympia, yet tucked away in a private setting. This is the MIDDLE parcel, situated between a 40-acre and a 60.8-acre parcel. Priced to sell! Seller will provide a 40-foot easement for road and utilities from this parcel to Parcel #12930110000 to the West.

Listing Agent

Jim Bennett

RE/MAX Parkside Affiliates License #2733 Listed on: 09/16/2025

RE/MAX Parkside Affiliates

Co-Listing Agent

Anya Myer

RE/MAX Parkside Affiliates License #50227

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2433602

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Lot Details

  • 40 Acre Lot
  • Vegetated Swale
  • Level Lot
  • Zoning described as Forestry,Residential

Property Views

  • Territorial Views

Schools

  • Griffin Elementary School
  • Griffin Mid Middle School
  • Capital High School

Utilities

  • Well Required
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 12930110100

Community Details

Overview

  • No Home Owners Association
  • Steamboat Island Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • MLS Status: Active
  • Prev Status: Active
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Brush,Comm. Grade Timber,Evergreens,Heavily Forested,Lightly Treed,Partially Cleared
  • Restrictions: No Restrictions
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Forestry, Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • View: Territorial
  • Lot Features: Paved, Sidewalk
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: County Maintained,County Right of Way,Paved
  • RoadOnWhichSide: South & North

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: Well Needed
  • Security: Security Gate
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Electricity Available
  • ElectricityStatus: In Street
  • GasStatus: Not Available

Condo/Co-op/Association

  • Community Features: Gated
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Griffin
  • High School: Capital High
  • Middle Or Junior School: Griffin Mid School

Lot Info

  • Parcel Number: 12930110100
  • Topography: Level,Rolling,Sloped,Swale
  • Lot Size Acres: 39.9999
  • Lot Size Sq Ft: 1742400
  • Zoning Description: Forestry,Residential
  • Zoning: RRR 1/5
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Title Company
  • ZoningJurisdiction: County

Tax Info

  • Year: 2025
  • Tax Annual Amount: 66

MLS Schools

  • Elementary School: Griffin Elem

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2025 09/16/25 For Sale $650,000 +18.2% --
09/16/2025 09/16/25 For Sale $550,000 -31.2% --
09/16/2025 09/16/25 For Sale $799,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

About the Listing Agent

Jim Bennett

RE/MAX Parkside Affiliates

(360) 469-5702

Section Image

Jim Bennett has been a licensed & full time REALTOR since 1979 and is a Designated Broker alongside his daughter Anya Myer who is also a local Real Estate Managing Broker at RE/MAX Parkside Affiliates. Jim knows the in’s and outs of all things real estate, over his lifetime as a Broker, Jim has helped over 1,500 buyers and sellers find the right homes/properties suited for them. Jim is highly passionate for what he does, being a Designated Broker/ Owner of RE/MAX Parkside to him means to

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    Wonderful 40-acre parcel just off Steamboat Island Road. Current zoning is RRR 1/5, this property offers multiple prime building sites to choose from. A Wetland Reconnaissance has already been completed by Land Services Northwest. Whether you’re looking for a private setting to build your dream home or considering a large lot subdivision, this is a must-see. The parcel features a mix of timber

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  • 8308 56th Ave NE, Olympia, WA 98516

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2433602

Northwest Multiple Listing Service (NWMLS)