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Open Sat, Jun 20$600,000
Est. $3,028/mo4 bd•2.5 ba•2,618 sq ft
540 Cherrywood Drive Sw, Olympia, WA 98502
• Listed 2026-05-29•1 day on market
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Based on information submitted to the MLS GRID as of June 6, 2026 at 07:59am (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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). 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 RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Spacious and beautifully designed 4 bedroom + den home offering 2.5 baths and 2,618 sq. ft. of comfortable living space! The open-concept floor plan is perfect for everyday living and entertaining, featuring a stunning kitchen with island bar seating, walk-in pantry, granite slab countertops, full tile backsplash, and stainless steel appliances. Gorgeous hardwood flooring adds warmth and style throughout the main living areas. Upstairs, enjoy a versatile bonus loft plus an impressive primary suite complete with a luxurious 5-piece bath and spacious walk-in closet. The huge 3-car tandem garage provides abundant room for vehicles, storage, or hobbies. Amazing outdoor living space featuring beautiful gardens, a covered patio, and thoughtfully designed hardscape—perfect for relaxing, entertaining, and enjoying year-round outdoor living. Located in a highly desirable Westside neighborhood, this property offers sought-after Olympia schools and convenient access to HWY 101 and I-5 for an easy commute.
Listed by Rhonda C Olnick • Redfin
Listing updated: June 6, 2026 at 07:59am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2530215
Open houses
3 datesNearby open houses (1)
See more →Open Sat, Jun 20$618,000
+$18,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $561K and $690K.
Rental earnings
$1,850/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$575,000Last sold price
4905 Greenwood Dr Sw, Olympia, WA 98502
$690,000Last sold price
1121 4th Avenue W, Olympia, WA 98502
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.
540 Cherrywood Drive Sw, Olympia, WA 98502
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 for about 1% below list price.
Time on market: The average home goes pending in around 9 days.
$665,267 Sold
5 weeks ago
3 bd•1.5 ba•~2,230 sq ft•Single Family
4806 3rd (lot 11) Avenue Nw, Olympia, WA 98502
0%
Over list
—
Days on market
0.4 mi
Distance
$425,000 Sold
4 months ago
2 bd•1 ba•~1,293 sq ft•Single Family
415 Yauger Way Nw, Olympia, WA 98502
0%
Over list
—
Days on market
0.7 mi
Distance
$560,000 Sold
5 months ago
3 bd•2.5 ba•~2,249 sq ft•Single Family
4209 3rd Avenue Nw, Olympia, WA 98502
1%
Under list
—
Days on market
0.4 mi
Distance
$450,000 Sold
6 months ago
2 bd•1 ba•~1,264 sq ft•Single Family
3218 6th Avenue Nw, Olympia, WA 98502
10%
Under list
—
Days on market
0.7 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
Olympia 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.