Address
9115 Old Highway 99 SE, Olympia, WA
Price
$ 2,300,000
Property Attributes
- ID#2159407
- TypeLand
- CountyTHURSTON
- CityOlympia
- AreaTumwater
- NeighborhoodOlympia
- Zip98501
- StyleRes-Over 1 Acre
- Taxes$ 2157
- Price$ 2,300,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size6.63 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
6.63 Acres of Development Land located w/in the UGA of Tumwater. MFM Zoning permits all configurations of multi-family housing, townhouses, rowhouses, manufactured home parks, senior housing, cottage housing, & more. Density of 9-15 units/acre, but possible to increase to 20 units/acre by incorporating permanently affordable housing units. Max height of 40 ft. Property consists of cleared & treed areas w/ level topo & no wetlands. Water & Sewer are about 1300 ft away along Hwy 99, though there are plans to run the lines to the intersection of Hwy 99 & 93rd Ave SE. At max density, this property could produce 99 units at $23.2K/unit. By incorporating the max affordable housing units, it could yield 133 units at $17.3K/unit. Priced at $7.96/SF
| Elementary School | Middle School | High School |
|---|---|---|
| East Olympia Elem | George Wash Bush Mid | Tumwater High |
| Price History | |
|---|---|
| 9/18/2023 | Listed $2,300,000 |
General Features
| Building Area Units | Square Feet |
|---|---|
| Carport Y/N | No |
| City | Olympia |
| County | Thurston |
| Directions | South on Old Hwy 99 to property on the right-hand side at the address (3 driveway options). Alternatively, east on 93rd Ave SE to the driveway on the left-hand side. |
| Elementary School | East Olympia Elem |
| Gas Status | In Street |
| High School | Tumwater High |
| High School District | Tumwater |
| Listing Terms | Cash Out, Conventional |
| Lot Size Square Feet | 288803 |
| MLS Area | 443 - Tumwater |
| Middle/Junior High School | George Wash Bush Mid |
| Possession | Closing, Negotiable |
| Possible Use | Residential |
| Property Features | Garden/Fruit Trees, Lightly Treed, Partially Cleared, Pasture Land |
| Property Style | 41 - Res-Over 1 Acre |
| Property SubType | Land |
| Property Type | Land |
| Public Remarks | 6.63 Acres of Development Land located w/in the UGA of Tumwater. MFM Zoning permits all configurations of multi-family housing, townhouses, rowhouses, manufactured home parks, senior housing, cottage hous |
| Senior Community Y/N | No |
| Sewer | Available, In Street |
| Special Listing Conditions | None |
| Standard Status | Active |
| Status | Active |
| Street Name | Old Highway 99 |
| Structure Type | Unspecified |
| Subdivision Name | Olympia |
| Tax Annual Amount | 2157 |
| Tax Year | 2023 |
| Topography | Level |
| Utilities | Natural Gas Available, Electricity Connected, Septic Design Installed |
| View | Territorial |
| View Y/N | Yes |
| Waterfront Y/N | No |
| Zoning Class | Residential |
| Zoning Description | MFM |
Interior Features
| Air Conditioning Y/N | No |
|---|---|
| Electric On Property Y/N | Yes |
| Fireplace Y/N | No |
| Furnished Y/N | Unfurnished |
| Heating Y/N | No |
| Living Area Units | Square Feet |
Exterior Features
| Irrigation Water Rights Y/N | No |
|---|---|
| Lot Features | Paved |
| Lot Size Acres | 6.63 |
| Lot Size Units | Square Feet |
| Road Responsibility | County |
| Road Surface Type | Paved |
| Water Source | Available, In Street, Private Well |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 98501
Price
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