$199,500
Est. $1,036/mo1 bd•1 ba•2,283 sq ft
12446 Waddell Creek Road Sw, Olympia, WA 98512
• Listed 2026-09-15•New today
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5.96+/- acres for the buyer looking beyond the buildings and seeing the potential in the land. This is a true project property being offered in AS-IS condition, with value primarily in the acreage, setting, well, garage, partially built barn and high-bank creek. The existing home has no foundation, is considered a tear-down and will not qualify for conventional financing. Several other structures and improvements were created over the years by an owner committed to a DIY, off-grid lifestyle. Buyers should expect significant clean-up, demolition and removal of accumulated wood, metal and other materials throughout portions of the property. This is not a turnkey home - It's acreage ready for someone with equipment, energy and a vision for what comes next. The condition has been reflected in the asking price. Bring your boots, contractor and imagination and explore the possibilities offered by nearly six acres.
Listed by Kevin Lynch • Olympic Sotheby's Int'l Realty
Listing updated: September 15, 2026 at 04:33pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2582851
12446 Waddell Creek Road 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.
Neighborhood mobility
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.
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
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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 12 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 04:33pm (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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Open houses
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Nearby open houses (2)
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Open Sat, Sep 19
Open Sun, Sep 20RexMont Value Snapshot
We found recent nearby sales, but not enough that are similar enough to publish an automated value signal for this home.
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