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9115 Old Highway 99 SE

Olympia, WA 98501
  • $1,975,000
  • STATUS: Active
  • ID#: 2159407
$1,975,000
  • 0
    BEDS
  • 6.63
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Windermere Prof Partners.
Mortgage Calculator is provided by BoomTown.

Description

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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IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Greater Seattle are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-02-12T00:14:28.11. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-02-12T00:14:28.11. 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.
www.123michaelross.com/homes/143508476
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9115 Old Highway 99 SE Olympia, WA 98501

  • Price: $1,975,000
  • Status: Active
  • On Site: Days
  • ID#: 2159407
0
Beds
0
Baths
0
½ Baths
6.63
Acres
Neighborhood:
Olympia
County:
Thurston
Area:
Tumwater
Elementary School:
East Olympia Elem
Middle School:
George Wash Bush Mid
High School:
Tumwater High
School District:
Tumwater
Property Description
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.
Exterior Features

Carport YN No Lot Features Paved Road Responsibility County Road Surface Type Paved Structure Type Unspecified Style Code 41 - Res-Over 1 Acre Topography Level View Territorial View YN Yes Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 0 Cooling YN No Fireplace YN No Fireplaces Total 0 Heating YN No Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Electric On Property YN Yes Electricity Status On Property FIRPTAYN No First Right Of Refusal No Gas Status In Street Improvements DwellingOutbuilding(s) Irrigation Water Rights YN No Listing Terms Cash OutConventional Possession ClosingNegotiable Possible Use Residential Property Features Garden/Fruit TreesLightly TreedPartially ClearedPasture Land Property Sub Type Land Restrictions See Remarks Road Information County MaintainedPaved Road On Which Side North & South Senior Community YN No Senior Exemption No Sewer AvailableIn Street Short Term Rental YN No Special Listing Conditions None Tax Annual Amount 2157 Tax Year 2023 Utilities Electricity ConnectedNatural Gas AvailableSeptic Design Installed Water Jurisdiction Private Water Source AvailableIn StreetPrivate Well Zoning Class Residential Zoning Description MFM Zoning Jurisdiction See Remarks



IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Greater Seattle are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-02-12T00:14:28.11. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-02-12T00:14:28.11. 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.
 
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Keller Williams Greater Seattle
1307 N 45th St
Seattle WA, 98103
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Windermere Prof Partners.
Mortgage Calculator is provided by BoomTown.