4130 40th Lane SW Olympia, WA $ 924,950
4130 40th Lane SW
$ 924,950
Recently Listed New Construction
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4130 40th Lane SW

Olympia, WA, 98512
$ 924,950
Bedrooms4 Baths2.1 Sq 2,553

Monthly Estimate*

$ 5,840

Listed by Morrison House Sotheby's Intl
4130 40th Lane SW, Olympia, WA 98512 - Image 1
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Single Family Home for sale in Olympia, WA

for $924,950 with 4 bedrooms and 2 full baths, 1 half bath. This 2,553 square foot home was built in 2026 on a lot size of 5.49.

Welcome to the Rainier plan at Mills Heights, an intimate new community of just 6 homes perched above Black Lake, with each residence set on a private 5 to 11 acre homesites. A tree-lined paved road winds through the former nursery grounds, where mature landscaping & an extraordinary variety of established trees create a setting unlike any traditional new development. Set on 5.49 acres, this beautifully designed home offers 3 beds, an oversized bonus room, 2.5 baths & a 3 car garage. The stunning kitchen features quartz slab countertops, shaker maple cabinetry w/ full-extension guides and soft-close drawers, an eating bar & stainless steel appliances. The kitchen flows effortlessly into a casual dining nook + spacious great room, while a formal dining room & butler’s pantry w/ wine cooler add a refined touch for entertaining. Hardwood flooring extends through the entry, formal dining room, kitchen & nook. The generous primary suite offers a 5-piece bath w/ tile flooring, a tiled shower & a large walk-in closet. Quartz countertops continue throughout the bathrooms for a cohesive, elevated finish. A substantial backyard patio expands the home’s living space outdoors, surrounded by the privacy & natural beauty of the acreage. Solar panels, a heat pump, an electric hybrid water heater provide modern comfort & energy efficiency. Peaceful and Private, this is the what you've been waiting for...

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Single Family Active

Price

$ 924,950

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 1,000

Style

Contemporary

Lot Size

5.49

Year Built

2026

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2588000

Features
General
Living Area 2553
Sewer Septic Tank
Heating 90%+ High Efficiency Forced Air Heat Pump Recirculation Pump
Cooling 90%+ High Efficiency Forced Air Heat Pump
Possession Closing
Roof Composition
Appliances Dishwasher Disposal Microwave Stove(s)/Range(s)
HOA Fee 0
Architectural Style Contemporary
Security Features Security Gate
Year Built 2026
View Territorial
Topography Level Partial Slope
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Community Features CCRs Trail(s)
Building Name Mills Heights
County Thurston
New Construction Y
Property Type Residential
HOA N
Attached Garage Y
Energy Efficient Double Wall
Subdivision Name Black Lake
Garage Y/N Y
Full Baths 2
Special Listing Conditions None
Status Active
Directions From 101 South Exit Black Lake BLVD. Right on Black Lake Right on 40th Lane SW.
City Olympia
Entry Location Main
Senior Community Y/N N
High School District Tumwater
MLS Area 443 - Tumwater
Lot Size Units Square Feet
Lot Size Square Feet 239144
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Land Lease Y/N N
Tax Annual Amount 1000
Property Condition Under Construction
Public Remarks Welcome to the Rainier plan at Mills Heights an intimate new community of just 6 homes perched above Black Lake with each residence set on a private 5 to 11 acre homesites. A tree-lined paved road wi
Virtual Tour https://player.vimeo.com/video/1230362432
Structure Type House
Building Area Units Square Feet
Builder Name Shepard Family Homes
Standard Status Active
Water Company Shared Well
Property Style 12 - 2 Story
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Interior
Interior Amenities Bath Off Primary Dbl Pane/Storm Window Dining Room Fireplace French Doors High Tech Cabling Pantry Triple Pane Windows Vaulted Ceiling(s) Walk-In Closet(s) Water Heater Wet Bar Wine/Beverage Refriger
Basement None
Flooring Ceramic Tile Engineered Hardwood Carpet
Total Fireplaces 1
Fireplace Features Gas
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 1
3/4 Baths 0
Total Bedrooms 4
Main Level Bedrooms 0
Total Baths 3
Bedrooms Possible 4
Water Heater Type Electric Recirc
Water Heater Location Garage
Fireplaces Main 1
Power Production Type Electric Propane
Baths Three Quarter Garage 0
Baths Three Quarter Lower 0
Baths Three Quarter Main 0
Baths Three Quarter Upper 0
Bedrooms Lower 0
Bedrooms Upper 4
Baths Half Upper 0
Baths Half Main 1
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 2
Baths Full Main 0
Baths Full Lower 0
Baths Full Garage 0
Bathrooms 2.5
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Exterior
Exterior Amenities Cement Planked Stone
Vegetation Garden Space Wooded
Parking Features Driveway Attached Garage Off Street
Lot Features Dead End Street Open Space Paved Secluded Value In Land
Water Source See Remarks Shared Well
Total Parking 9
Inclusions Dishwasher(s) Garbage Disposal Microwave(s) Stove(s)/Range(s)
Foundation Details Poured Concrete
Building Area Total 2553
Lot Size Acres 5.49
Waterfront Y/N N
Covered Spaces 3
Irrigation Water Rights Y/N N
Site Features Cable TV Gated Entry High Speed Internet Patio Propane
Parking Uncovered Total 6
Lot Number 2
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Internal Only
OriginalMLSID NWM2588000
Street Number 1 4130
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* Excluded Features
List By
Courtney K. Drennon

Listing Agent

Morrison House Sotheby's Intl

Broker

courtneylkelley@gmail.com

Email

Affordability Calculator

$5,924
Per Month
99%
1%
0%
Monthly Principal & Interest
$5,840
Monthly Property Taxes
$83
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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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Nearby
258563 Elementary School
258343 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/26/2026$924,950 Listed Price

Map


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4130 40th Lane SW, Olympia, WA, 98512 is a Single Family Home for sale at $924,950 with 2,553 sqft and a lot size of 5.49. 4130 40th Lane SW has 4 bedrooms, 2.1 baths, and was built in 2026. The property's zip code is 98512 which is in Olympia, WA