$400,000
Est. $2,027/mo9842 Rich Road Se, Olympia, WA 98501
• Listed 2026-04-09•36 days on market
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Based on information submitted to the MLS GRID as of May 8, 2026 at 09:37am (date and time MLS GRID Data was obtained). 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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A unique opportunity to acquire acreage where much of the initial development has already been thoughtfully completed. This 5.63-acre property offers 323 feet of Deschutes River frontage and is located in the Tumwater School District. A new septic system has been installed, the well is drilled, and power is available on site. A Conditional Site Approval was approved in 2011 for a 5-bedroom home with a shop (expired in 2014), and permitting is currently in progress to reissue site approval, giving buyers a clear path forward when it’s time to build. There’s a private driveway in and a cleared building area, so you’re not starting from scratch. The property is set up well for animals and usable ground, with pasture areas currently used for hay along with cross-fencing and gates already in place. Down by the river, you’ll find a great shaded area with a firepit—perfect for relaxing, hanging out, or enjoying evenings by the water. It’s a peaceful setting with a nice balance of open ground and natural surroundings. Private feel, but still close to Tumwater, schools, and I-5. Great opportunity to build on a waterfront property with much of the groundwork already completed.
Listed by Lynzie Kinnaman • Van Dorm Realty, Inc
Listing updated: May 8, 2026 at 09:37am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2495942
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9842 Rich Road Se, Olympia, WA 98501
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Olympia is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: Days-on-market data not available for this area.
$670,000 Sold
4 months ago
3 bd•1 ba•~1,981 sq ft•Single Family
9441 Rich Road Se, Olympia, WA 98501
8%
Under list
—
Days on market
0.5 mi
Distance
$469,000 Sold
5 months ago
3 bd•2 ba•~2,325 sq ft•Single Family
9712 Old Highway 99 Se, Olympia, WA 98501
0%
Over list
—
Days on market
0.3 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Tumwater School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
