5501 89th Avenue SE, Olympia, WA, 98513
About This Home
Over 2,000+ sq ft | 4 bed · 2 bath ~ almost 8 acres — NO HOA! — this peaceful & serene Prime Olympia farm-home on acreage w additional buildable flat parcel opportunity. Just minutes to Tumwater’s top-rated schools, shopping & dining. i5 is less than 15min away along w the cities of Tumwater, Olympia, & Lacey. 30min to JBLM. An hour to Seattle & less than 2 to Portland. Best of both worlds. New exterior/interior paint, super clean & well cared for, turn-key & ready to move into, classic charm w two huge rooms that can be used as family rooms, recreational rooms, living rooms, or any way your imagination lets you. Flexible office/dining spaces, tons of storage to say the least, & a large outbuilding for mower/storage. Ideal horse property or hobby farm—plenty of room for a huge shop, barn, 2nd home, livestock, or pasture. Enjoy long walks & bike rides on the Chehalis Western Trail located a tenth of a mile away! Frequent wildlife visitors (eagles, deer & more!). Surrounded by high-value homes—strong upside for equity and rental/investment potential. Bring your vision: location, lot size, & layout make this a rare opportunity for lifestyle & long-term growth. Few things to note: New flooring & sub flooring in kitchen, new carpets thru-out, fresh paint thru-out most of the house, new full paint on exterior & front room, new electrical panel, home has pex-piping thru-out, front bathroom newly remodeled, 4 bedroom system. All the pipes coming from the house to the septic are new.
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1946
Materials
- Foundation: Block,Poured Concrete,Slab
- Roof: Composition
- Construction materials: Brick,Wood Siding
Notable Dates
- Major remodel year: 1985
Type & Style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Refrigerator(s),Washer(s),Water Heater: Electric,Water Heater Location: Pantry
Basement
- Basement: None
Bathroom Full
- Level: Main
Bathroom Three Quarter
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 4
Entry Hall
- Level: Main
Features
- Ceiling Fan(s),Dining Room
- Window features: Dbl Pane/Storm Window
- Flooring: Laminate,Carpet
- Number of fireplaces: 1
- Fireplace features: Wood Burning,Main Level: 1,Fireplace
- Fireplace: Yes
Heating & Cooling
- Heating features: Fireplace,Forced Air,Electric,Propane,Wood
- Cooling features: None
Interior Area
- Total structure area: 2,060
- Total interior livable area: 2,060 sqft
Kitchen With Eating Space
- Level: Main
Living Room
- Level: Main
Master Bedroom
- Level: Main
Rec Room
- Level: Main
Utility Room
- Level: Main
Property
Details
- Parcel number: 40003800000
- Zoning: RRR1/5
- Zoning description: Jurisdiction: County
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Ceiling Fan(s),Dbl Pane/Storm Window,Dining Room,Fireplace,Water Heater
- Has view: Yes
- View description: Territorial
- On waterfront: Yes
- Waterfront features: Creek
- Topography of land: Level
- Residential vegetation: Fruit Trees,Garden Space,Pasture,Wooded
Lot
- Lot size: 7.79 Acres
- Features: Open Lot,Paved,Secluded,Value In Land,Cable TV,Fenced-Partially,High Speed Internet,Patio,Propane,RV Parking,Shop
Parking
- Total spaces: 2
- Parking features: Attached Carport,RV Parking
- Covered spaces: 2
- Carport: Yes
- Carport spaces: 2
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 | $3,185 | $38,220 |
| Home Insurance * | $138 | $1,656 |
| Property Taxes | $513 | $6,156 |
| Electricity | $149 | $1,793 |
| Total | $3,985 | $47,820 |
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 |
|---|---|---|
| 2026-05-12 | Price change | $650,000 |
| 2026-03-26 | Listed for sale | $669,900 |
| 2025-11-30 | Listing removed | $649,900 |
| 2025-11-20 | Listed for sale | $649,900 |
| 2025-11-01 | Listing removed | $649,900 |
| 2025-09-22 | Price change | $649,900 |
| 2025-08-05 | Listed for sale | $669,900 |
| 2025-07-23 | Listing removed | $669,900 |
| 2025-07-15 | Listed for sale | $669,900 |
View on Zillow