$905,000
Est. $4,701/mo3 bd•2.5 ba•2,443 sq ft
5542 Meadowood Lane Ne, Olympia, WA 98506
• Listed 2026-07-21•New today
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Discover the peace and privacy you've been searching for with this exceptional custom rambler, offering 2,443 sq ft of beautifully designed one-level living on a secluded, level 10-acre property. Tucked away behind a gated entrance, this remarkable home provides the perfect balance of privacy, comfort, and convenience.The spacious open floor plan features 3 bedrooms and 2.5 bathrooms, highlighted by a chef-inspired kitchen with high-end appliances, a large granite island, tile backsplash, generous pantry, and quality finishes throughout. Wood-wrapped windows, fresh interior paint, newly installed carpet, and beautifully updated bathrooms with tile flooring and tiled showers create a warm, inviting atmosphere.The expansive primary suite offers a large walk-in closet and a private retreat to unwind. An attached 2-car garage is complemented by a detached 2-car garage/shop, providing abundant space for vehicles, hobbies, and storage. The fenced acreage offers endless possibilities for animals, recreation, gardening, or simply enjoying the peaceful surroundings.Located just 10 minutes from I-5, downtown Olympia, shopping, schools, and the hospital, you'll enjoy the serenity of country living without sacrificing convenience. Situated in the South Bay Elementary district and just minutes from the Chehalis Western Trail, this is a rare opportunity to own a private estate in an unbeatable location. No HOA. Schedule your private showing today!
Listed by Mark Ellis • Capitol Real Estate LLC
Listing updated: September 15, 2026 at 01:42pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2557841
5542 Meadowood Lane Ne, Olympia, WA 98506
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.
Neighborhood mobility
North Thurston 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.
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$5,742 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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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: The average home goes pending in around 7 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 15, 2026 at 01:42pm (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.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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$887,000
-$18,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $640K and $960K.
Rental earnings
$2,650/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$960,000Last sold price
4105 Libby Road Ne, Olympia, WA 98506

$820,000Last sold price
5432 Boston Harbor Road 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.
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