4.2 Acres of Prime Development Land with Endless Development Opportunities! This is a rare and exceptional opportunity to own highly desirable land in a rapidly growing area. The property includes a 3-bd, 2-bth home, which could bring rental income or as a temporary residence while you plan your development. However, the real value lies in the lands potential for redevelopment – the perfect canvas for condos, apartments, duplexes, or a mixed-use project.Ideal for developers and investors looking to capitalize on the growing demand for multi-family housing or commercial ventures in this prime location.Whether youre looking to build a multi-family community or develop luxury condos, this expansive property provides the space and flexibility
Property Details
Property Features
Listing Office:
Office Name: RE/MAX Premier Group
Office Phone: (360) 636-7378
Listing Agent: Eric Pucci
Lot Features
Lot Information:
Lot Size: 4.20 Acres
Other
Directions Information:
Directions: I-5 to Exit 111 onto SR-510 East, Marvin Rd, @ roundabout take 3rd exit onto Pacific Ave SE. On left, take the driveway at 8612 to property on right. House number is actually 8606.
Price Information
Listing Price Info
Price Summary:
List Price: $1,000,000
Tax Information:
Annual Amount: $4,773
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Olympia, WA.
This property is $447K more than the Median Sold Price in Olympia, WA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: NWMLS
MLS Number: #2295386
Listing Office:
Office Name: RE/MAX Premier Group
Office Phone: (360) 636-7378
Listing Agent: Eric Pucci
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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.
Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/23/2024, 9:17:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$4,773
$368,200
2019
$3,797
$383,000
2018
$4,137
$329,300
2017
$3,400
$292,500
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Seven Oaks Elementary School
1800 7 Oaks Rd SE
Distance between this listing and this school0.97 miles
Public District Grades KG-5
6
/10
Meadows Elementary School
836 Deerbrush Dr SE
Distance between this listing and this school1.01 miles
Public District Grades PK-5
4
/10
Lydia Hawk Elementary School
7600 5th Ave SE
Distance between this listing and this school1.19 miles
Public District Grades KG-5
Nearby Schools
3
/10
Nisqually Middle School
8100 Steilacoom Rd SE
Distance between this listing and this school0.84 miles
Public District Grades 6-8
4
/10
Salish Middle School
8605 Campus Glen Dr NE
Distance between this listing and this school2.98 miles
Public District Grades 6-8
3
/10
Wa He Lut Indian School
11110 Conine Ave SE
Distance between this listing and this school3.24 miles
Public District Grades KG-8
Nearby Schools
5
/10
River Ridge High School
350 River Ridge Dr SE
Distance between this listing and this school1.27 miles
Public District Grades 9-12
6
/10
Timberline High School
6120 Mullen Rd SE
Distance between this listing and this school2.93 miles
Public District Grades 9-12
3
/10
Envision Career Academy
411 College St NE
Distance between this listing and this school3.39 miles
The neighbors living near this home have an average income of $86,648. The majority of Olympia, WA residents have income between $35k-100k annually. The majority of families are married, with kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Living In Olympia, WA
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What are the common housing types in Olympia, WA?
Olympia's housing market showcases a diverse array of options, with single-family homes being a significant presence, reflecting a mix of contemporary and classic Pacific Northwest architectural styles. The market also includes a selection of condominiums and townhouses, providing alternatives for those seeking a more urban living experience. The homeownership rate in Olympia is robust, with a majority of residents owning their homes, while a substantial portion opts for renting, indicating a balanced housing ecosystem.
What are the advantages of living in Olympia, WA?
Olympia is celebrated for its vibrant arts scene and community-oriented atmosphere. The city prides itself on its array of local festivals, including the well-known Olympia Arts Walk and the Wooden Boat Festival, which embody the city's creative spirit and maritime heritage. The downtown area, with its eclectic mix of shops and cafes, serves as a hub for both residents and visitors, fostering a sense of community and local pride.
Are essential services in Olympia, WA convenient?
The community benefits from a solid educational system, with numerous public and private schools catering to a range of educational needs, from elementary to higher education, including The Evergreen State College. Olympia's healthcare network includes several hospitals and clinics, offering services from primary care to specialized medical treatments. The city also features a public library system that serves as a resource and gathering place for residents. Retail and dining options abound, with an emphasis on local businesses that reflect the city's culture and values.
How do Olympia, WA residents get around?
Olympia's transportation infrastructure supports a variety of transit options, with a focus on sustainability and accessibility. The city's public transit system provides regular bus services, connecting neighborhoods to the downtown core and beyond. The area is also conducive to walking and cycling, with numerous trails and bike lanes. Major roadways facilitate travel in and out of the city, and ongoing investments in transportation aim to enhance the efficiency and convenience of moving around Olympia.
Frequently Asked Questions About 8602 Pacific Ave SE
What is the listing price of this property?
The listing price of 8602 Pacific Ave SE property is $1,000,000.
What type of property is this?
The property 8602 Pacific Ave SE is land located in Olympia, Washington, 98513.
Is this property for sale now?
Active Listing: 8602 Pacific Ave SE is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $4,773 (source: MLS/based on county public records data).
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This home is located at 8602 Pacific Ave SE in Olympia, WA and zip code 98513. This home sits on a 4.20 acre lot. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $1,000,000.
While more than 42 listings in Olympia, WA in October 2024 were sold above asking price, there were more than 42 listings sold at asking price, and more than 73 were sold below. In October 2024 in Olympia, WA there were 7.2% more homes for sale than in September 2024. In October 2024 median list price was $552,996 and the average listing age was 40 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved. 
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