9115 Old Highway 99 SE Olympia, WA $ 1,975,000
9115 Old Highway 99 SE
$ 1,975,000
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9115 Old Highway 99 SE

Olympia, WA, 98501
$ 1,975,000
Baths0.0

Monthly Estimate*

$ 13,126

Listed by Windermere Professional Prtnrs
9115 Old Highway 99 SE, Olympia, WA 98501 - Image 1
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Studio

Lots and Land for sale in Olympia, WA

for $1,975,000. The lot size is 6.63.

REDUCED PRICE - 6.63 Acres of Development Land w/ MFM Zoning which permits all configurations of multi-family, townhouses, rowhouses, manufactured home parks, senior housing, cottage housing, & more. Density of 9-15 units/acre, but possible to increase to 20 units/acre by incorporating permanently affordable housing units. Max height of 40 ft. Level topo & no wetlands. Mostly treed w/ some clear areas. Water & Sewer are about 1300 ft away along Hwy 99 with plans in place to run the lines past property to near intersection. At max density, this property could produce 99 units at $19.9K/unit. By incorporating the max affordable housing units, it could yield 133 units at $14.8K/unit. Priced at $6.84/SF. Located w/in the UGA of Tumwater.

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Lots and Land Active

Price

$ 1,975,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 2,157

Style

Res-Over 1 Acre

Lot Size

6.63

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2159407

Features
General
Sewer Available In Street
Utilities Natural Gas Available Electricity Connected Septic Design Installed
Possession Closing Negotiable
HOA 0
View Territorial
Topography Level
Property SubType Land
Tax Year 2023
County Thurston
Property Type Land
HOA / Comm Assn N
Subdivision Name Olympia
Possible Use Residential
Special Listing Conditions None
Status Active
Directions South on Old Hwy 99 to property on the right-hand side at the address (3 driveway options). Alternatively east on 93rd Ave SE to the driveway on the left-hand side.
High School Tumwater High
City Olympia
Buyer Agent Compensation 2.5
View Y/N Y
Senior Community Y/N N
High School District Tumwater
Zoning Description MFM
MLS Area 443 - Tumwater
Lot Size Units Square Feet
Lot Size Square Feet 288803
Waterfront Y/N N
Carport Y/N N
Listing Terms Cash Out Conventional
Elementary School East Olympia Elem
Tax Annual Amount 2157
Middle/Junior High School George Wash Bush Mid
Public Remarks REDUCED PRICE - 6.63 Acres of Development Land w/ MFM Zoning which permits all configurations of multi-family townhouses rowhouses manufactured home parks senior housing cottage housing & more. Densi
Structure Type Unspecified
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Property Features Garden/Fruit Trees Lightly Treed Partially Cleared Pasture Land
Gas Status In Street
Zoning Class Residential
Property Style 41 - Res-Over 1 Acre
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Interior
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N Y
Bedrooms Possible 3
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Lot Features Paved
Water Source Available In Street Private Well
Building Area Total 0
Lot Size Acres 6.63
Road Surface Type Paved
Road Responsibility County
Irrigation Water Rights Y/N N
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Internal Only
OriginalMLSID NWM2159407
Street Number 1 9115
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* Excluded Features
List By
Drew Staudt

Listing Agent

Windermere Professional Prtnrs

Broker

Affordability Calculator

$13,306
Per Month
99%
1%
0%
Monthly Principal & Interest
$13,126
Monthly Property Taxes
$180
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
258192 Elementary School
256897 Middle School
Tumwater High High School
Pricing History
DatePricePrice ChangeDescription
5/8/2024$1,975,000 -14.13% Price Down
9/18/2023$2,300,000 Listed Price

Map


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9115 Old Highway 99 SE, Olympia, WA, 98501 is a Lots and Land for sale at $1,975,000 with a lot size of 6.63. 9115 Old Highway 99 SE is a studio with 0.0 baths. The property's zip code is 98501 which is in Olympia, WA