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$449,950

3502 40th Ave SE Olympia, WA 98501

6.7 acres
Land

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

StatusActive
Lot size6.68 Acres
MLS #2403222

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

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

IDX The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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

DateEventPrice
Jan 13, 2004
Home Sold
$122,500

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

13%
<35k
48%
35k-100k
35%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

33%
Single, No Kids
13%
Single, with Kids
27%
Married, No Kids
27%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
11%
12-17 yrs old
17%
18-34 yrs old
44%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Chico'sChico's
  • Banana RepublicBanana Republic
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • SonicSonic
  • ChipotleChipotle

What do the neighbors drive?

  • VolvoVolvo
  • InfinitiInfiniti
  • MazdaMazda

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • Urban ContemporaryUrban Contemporary
  • RockRock
All data provided by Home Junction and Claritas

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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.

From Rocket Homes Real Estate and based on county public records data.

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