Prime Development Opportunity in Griffin School District! Three parcels totaling 140.8 acres with paved road and power, located just off Steamboat Island Road in high-demand NW Olympia. Potential to subdivide into 25 five-acre parcels or create a Large Lot Subdivision (LLS). Close to Frye Cove County Park. Includes LLS proposal and topographic map, Wetland & Stream Recon map from Land Services Northwest, timber evaluation by Jim Frost of Lusignan Forestry ($321,000), and recent appraisal on 1/5/24 ($2,300,000). Ideal for developers or investors looking for a high-value project in a growing.
Active
Listed by:
Jim Bennett,
RE/MAX Parkside Affiliates,
Anya L. Myer,
RE/MAX Parkside Affiliates
$2,300,000
0 XXX Gravelly Beach Loop NW, Olympia, WA 98502
--beds
--baths
140.8Acres
Unimproved Land
Built in ----
140.8 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Paved road and power
- 206 days
- on Zillow |
- 296 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: June 27, 2025 at 12:23pm
Listed by:
Jim Bennett,
RE/MAX Parkside Affiliates,
Anya L. Myer,
RE/MAX Parkside Affiliates
Source: NWMLS,MLS#: 2322885

Travel times
Facts & features
Interior
Property
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 140.8 Acres
- Features: Paved, Secluded, Brush, Comm. Grade Timber, Evergreens, Heavily Forested, Lightly Treed, ORV Trails, Partially Cleared
- Topography: Level,Rolling,See Remarks,Sloped
- Residential vegetation: See Remarks
Details
- Parcel number: 12930110000
- Zoning: RRR 1/5
- Zoning description: Forestry,Residential,Jurisdiction: County
- Special conditions: Standard
Utilities & green energy
- Electric: In Street
- Gas: Not Available
- Sewer: Not Available
- Water: Well Needed
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: Steamboat Island
Location
- Region: Olympia
Financial & listing details
- Annual tax amount: $212
- Date on market: 3/28/2025
- Listing terms: Cash Out
- Road surface type: Paved
- Cumulative days on market: 135 days
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