$1,775,000
Est. $8,957/mo7 bd•6 ba•3,386 sq ft
5647 Black Lake Boulevard Sw, Olympia, WA 98512
• Listed 2026-03-25•51 days on market
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Based on information submitted to the MLS GRID as of April 17, 2026 at 02:57pm (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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Amazing opportunity on just over 42 acres of prime recreational land with two homes and access to all that Black Lake has to offer. The main home boasts 4 bedrooms and 4 bathrooms, including two primary suites with en-suite baths and walk-in closets. An updated kitchen and wraparound porch create the perfect setting to enjoy the peaceful surroundings. Expansive acreage provides endless space to roam, play, and connect with nature. The ADU offers incredible flexibility with a bonus living area, along with 3 bedrooms and 2 bathrooms with shared access—ideal for rental income or multi-generational living. Take in stunning views of Mt. Rainier and the Olympic Mountains while enjoying privacy and seclusion, yet remaining conveniently close to local amenities. A rare opportunity to own your own Pacific Northwest retreat.
Listed by Austin Hellickson • LPT Realty LLC
Listing updated: April 17, 2026 at 02:57pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2496742
Open houses
No upcoming open houses scheduled for this property.
$758,000
-$1,017,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $570K and $725K.
Rental earnings
$2,275/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$570,000Last sold price
2920 6th Ave Street Ne #26, Olympia, WA 98506

$692,900Last sold price
1408 Oak Avenue Ne, Olympia, WA 98506
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
5647 Black Lake Boulevard Sw, Olympia, WA 98512
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
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Olympia is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 12 days.
$115,000 Sold
2 months ago
2 bd•Single Family
4045 49th Avenue Sw #70, Olympia, WA 98512
0%
Over list
—
Days on market
1.0 mi
Distance
$667,000 Sold
6 months ago
3 bd•2.5 ba•~2,542 sq ft•Single Family
6002 Capitol Forest Court Sw, Olympia, WA 98512
2%
Under list
—
Days on market
0.6 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.