$2,300,000
For Sale

0 XXX Gravelly Beach Loop NW

Olympia, WA 98502
Listing OfficeRE/MAX Parkside Affiliates
Browse 28 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Prime Development Opportunity in Griffin School District! Three parcels totaling 140.8 acres with paved road and power, located just off Steamboat Island Road in high-demand NW Olympia. Potential to subdivide into 25 five-acre parcels or create a Large Lot Subdivision (LLS). Close to Frye Cove County Park. Includes LLS proposal and topographic map, Wetland & Stream Recon map from Land Services Northwest, timber evaluation by Jim Frost of Lusignan Forestry ($321,000), and recent appraisal on 1/5/24 ($2,300,000). Ideal for developers or investors looking for a high-value project in a growing.

  • Property Details
      • Utility FeaturesElectricity Available
      • Style41 - Res-Over 1 Acre
      • Middle SchoolGriffin Mid School
      • Lot DescriptionPaved, Secluded
      • SubdivisionSteamboat Island
      • Date ListedJanuary 14, 2025
      • Sewer InformationNot Available
      • Elementary SchoolGriffin Elem
      • High SchoolCapital High
      • ViewTerritorial
      • Utility SourceWell Needed
      • Structure TypeUnspecified
      • Original List Price$2,300,000
      • Acres140.7997
      • Property TypePurchase
      • CountyThurston
      • School DistrictGriffin
      • Taxes Annual$20,830
      • MLS #2322885
      • Cost2300000
      • MLS #2322885
      • Property SubtypeLand
      • Days on Market (Cumulative)3
Carla Valente
$
years

Down Payment

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%
10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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