#2408611, Diane Pust, Listing office: Van Dorm Realty, Inc

3502 40th Ave SE Olympia, WA 98501
Property details
About 3502 40th Ave SE
RARE OPPERTUNITY IN PRIME OLYMPIA LOCATION! Nearly 7 acres of flat, usable land in one of Olympias more desirable neighborhoods - ready for your custom dream home! With a mix of open pasture & private forested wetlands at the rear, this property offers both space and serenity. A tear-down cabin currently sits on-site, setting the stage for a fresh vision. Hard-to-find acreage like this, in such a sought-after area, doesnt come around often. Invest in the potential - and in the lifestyle. Property zoned R-4-8 units per acre. Great opportunity for residential or commercial investment. Come see this property for yourself and begin your vision for what it can become for you today! Virtual Video Tour available
Highlights
Virtual tour
Summary
- List Price: $449,950
- HOA Amount: $0
- Annual Tax Amount: $3,175
- Tax Year: 2022
- Lot: Dead End Street, Paved
- Directions: On Fones Rd SE, go .6 mi & take 1st exit onto 18th Ave SE. .1 mi take the 3rd exit onto Hoffman Rd SE. .5 mi turn left onto 27th Ave SE. .2 mi on Wiggins Rd SE, go 1 mi & turn right onto 40th Ave SE.
- Lot Size: 6.68 Acres
- MLS Number: 2403222
- MLS Name: NWMLS
- Office Name: Skyline Properties, Inc.
- Office Phone: (253) 604-6000
- Listing Agent: Bobbie Jo Roth
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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Last updated on: 7/28/2025, 1:32:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 13, 2004 | Home Sold | $122,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2022 | $317,800 | $3,175 |
2021 | $285,300 | $3,483 |
2020 | $278,700 | $3,630 |
2019 | $295,900 | $2,654 |
2018 | $228,800 | $2,330 |
2017 | $165,400 | $1,948 |
History based on county public records data.
Nearby schools
7
McKenny Elementary School
Public District PK-5
0.7 mi
•3250 Morse Merryman Rd SE
6
Centennial Elementary School
Public District PK-5
0.9 mi
•2637 45th Ave SE
6
Pioneer Elementary School
Public District PK-5
1.6 mi
•1655 Carlyon Ave SE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $86,603. Typical income of Olympia, WA residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 3502 40th Ave SE
The listing price of 3502 40th Ave SE property is $449,950.
The property 3502 40th Ave SE is land located in Olympia, Washington, 98501.
Active Listing: 3502 40th Ave SE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3502 40th Ave SE are: McKenny Elementary School (GreatSchools Rating 7/10), Centennial Elementary School (GreatSchools Rating 6/10), Pioneer Elementary School (GreatSchools Rating 6/10), Komachin Middle School (GreatSchools Rating 4/10), Washington Middle School (GreatSchools Rating 7/10), Aspire Middle School (GreatSchools Rating 8/10), Olympia High School (GreatSchools Rating 9/10), Olympia Regional Learning Academy (GreatSchools Rating 6/10), Timberline High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2022 is $3,175 (source: MLS/based on county public records data).
The last sale was on January 13, 2004 for $122,500 (source: MLS/tax record).
The property 3502 40th Ave SE is 6.68 acres.
The sq. ft. of 3502 40th Ave SE is not available (source: MLS/tax record).
This home is located at 3502 40th Ave SE in Olympia, WA and zip code 98501 in the Chambers Lake Basin neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 23, 2025 and is currently priced at $449,950.
Over 73 listings were sold over their listed price in June 2025 in Olympia, WA. In the same period over 68 listings were sold below the listed price and 67 listings were sold for the listed price. The number of listings in Olympia, WA increased by 5.7% between May and June 2025. In June 2025 median list price was $568,000 and the average listing age was 31 days.