5544 Old Hwy 410 SW #5542, Olympia, WA, 98512
About This Home
Sold AS-IS! Investor special with exceptional land development potential on 6.8 acres zoned Commercial. Rare opportunity for investors, builders, or developers to unlock the value of this unique property. Existing fixer is ready for a complete renovation or replacement, offering the flexibility to redevelop to fit your vision. Property features 2 septic systems, 2 water systems, and a 2-stall garage, providing added value for future improvements. Peaceful country setting with convenient access to shopping, dining, downtown Olympia, and approximately 23 minutes to JBLM. No interior showings until mutual acceptance. Endless possibilities await on this prime acreage.
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Fair
- Year built: 1935
Materials
- Foundation: Poured Concrete
- Roof: Composition
- Construction materials: Wood Siding,Wood Products
Notable Dates
- Major remodel year: 1983
Type & Style
- Home type: SingleFamily
- Architectural style: Craftsman,1 Story
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Refrigerator,Stove(s)/Range(s),Refrigerator(s)
Basement
- Basement: None
Bathroom Full
- Level: Main
Bedroom
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Features
- Flooring: Hardwood,Vinyl
- Number of fireplaces: 1
- Fireplace features: Wood Burning,Lower Level: 1,Fireplace
- Fireplace: Yes
Heating & Cooling
- Heating features: Fireplace,Baseboard,Electric
- Cooling features: None
Interior Area
- Total structure area: 1,982
- Total interior livable area: 1,982 sqft
Other
- Level: Main
Utility Room
- Level: Main
Property
Details
- Parcel number: 49900000601
- Zoning: HC
- Zoning description: Jurisdiction: County
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Fireplace
- Has view: Yes
- View description: Territorial
- Topography of land: Level
- Residential vegetation: Brush,Fruit Trees,Wooded
Lot
- Lot size: 6.80 Acres
- Features: Open Lot,Paved,Value In Land,Cable TV,Fenced-Partially,Shop
Parking
- Total spaces: 6
- Parking features: Driveway,Detached Garage
- Has garage: Yes
- Covered spaces: 2
- Uncovered spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Landslide
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in Thurston County and Washington
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,033 | $36,396 |
| Home Insurance * | $147 | $1,764 |
| Property Taxes | $409 | $4,908 |
| Electricity | $149 | $1,793 |
| Total | $3,738 | $44,856 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-22 | Listed for sale | $600,000 |
View on Zillow