2024 Lorraine Drive SE, Olympia, WA, 98501
About This Home
FARM PROPERTY PARADISE with a spacious 3 Bedroom, 2.65-acre farm property. Minutes to I-5, Tenino schools & Tumwater amenities with the perfect balance of rural farm living yet close to city. A warm, inviting layout features many spacious living areas: Family room/Dining room, private sauna, upgraded kitchen & bathrooms, 2 large pantries, office space with private entry. Outside amenities include: 2-stall Barn for horses or cattle with room for hay and a chicken hutch. Property is fenced & cross-fenced, a cold storage cellar, & 6 storage sheds, large deck overlooking the beautiful farmland property. Extras include a courtyard with fire-pit, raised-bed gardens, & generator to provide power if ever lost. This home has it all for country living w/ privacy & security.
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1977
Materials
- Foundation: Block,Slab
- Roof: Composition
- Construction materials: Wood Siding
Notable Dates
- Major remodel year: 1977
Type & Style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Washer(s),Water Heater: Electric,Water Heater Location: Laundry
Bathroom Full
- Level: Main
Bathroom Three Quarter
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Bonus Room
- Level: Main
Den Office
- Level: Main
Dining Room
- Level: Main
Entry Hall
- Level: Main
Family Room
- Level: Main
Features
- Ceiling Fan(s),Dining Room,Pantry,Sauna
- Window features: Dbl Pane/Storm Window
- Flooring: Engineered Hardwood,Travertine,Carpet
- Number of fireplaces: 1
- Fireplace features: Wood Burning,Main Level: 1,Fireplace
- Fireplace: Yes
Great Room
- Level: Main
Heating & Cooling
- Heating features: Fireplace,Baseboard,Wall Furnace,Electric,Wood
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 1,960
- Total interior livable area: 1,960 sqft
Kitchen With Eating Space
- Level: Main
Living Room
- Level: Main
Master Bedroom
- Level: Main
Other
- Level: Main
Utility Room
- Level: Main
Property
Details
- Parcel number: 12736211300
- Zoning: RRR1/5, Rural
- Zoning description: Jurisdiction: County
- Special condition: Standard
- Other equipment: Wired for Generator
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Ceiling Fan(s),Dbl Pane/Storm Window,Dining Room,Fireplace,Pantry,Sauna,Security System,Water Heater,Wine Cellar,Wired for Generator
- Has spa: Yes
- Has view: Yes
- View description: Territorial
- Topography of land: Equestrian,Level,Partial Slope
- Residential vegetation: Fruit Trees,Garden Space,Pasture,Wooded
Lot
- Lot size: 2.65 Acres
- Features: Open Lot,Paved,Secluded,Value In Land,Barn,Cable TV,Deck,Electric Car Charging,Fenced-Fully,Gated Entry,High Speed Internet,Hot Tub/Spa,Outbuildings,Patio,RV Parking,Stable
- Lot size dimensions: 115571
Parking
- Total spaces: 2
- Parking features: Attached Carport,Driveway,RV Parking
- Covered spaces: 2
- Carport: Yes
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
- Inland Flooding
- Heat Wave
- Landslide
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 | $3,084 | $37,008 |
| Home Insurance * | $139 | $1,668 |
| Property Taxes | $442 | $5,304 |
| Electricity | $149 | $1,793 |
| Total | $3,814 | $45,768 |
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 |
|---|---|---|
| 2026-05-01 | Price change | $647,500 |
| 2026-03-21 | Price change | $657,000 |
| 2026-03-06 | Price change | $662,000 |
| 2026-02-06 | Listed for sale | $667,500 |
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