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$1,000,000

8602 Pacific Ave SE Olympia, WA 98513

4.2 acres
Land

Property details

About 8602 Pacific Ave SE

4.2 Acres of Prime Development Land with Endless Development Opportunities! This is a rare and exceptional opportunity to own highly desirable land in a rapidly growing area. The property includes a 3-bd, 2-bth home, which could bring rental income or as a temporary residence while you plan your development. However, the real value lies in the lands potential for redevelopment – the perfect canvas for condos, apartments, duplexes, or a mixed-use project.Ideal for developers and investors looking to capitalize on the growing demand for multi-family housing or commercial ventures in this prime location.Whether youre looking to build a multi-family community or develop luxury condos, this expansive property provides the space and flexibility

Highlights

StatusActive
Lot size4.2 Acres
MLS #2295386

Summary

  • List Price: $1,000,000
  • HOA Amount: $0
  • Annual Tax Amount: $5,503
  • Tax Year: 2022
  • Directions: I-5 to Exit 111 onto SR-510 East, Marvin Rd, @ roundabout take 3rd exit onto Pacific Ave SE. On left, take the driveway at 8612 to property on right. House number is actually 8606.
  • Lot Size: 4.2 Acres
  • MLS Number: 2295386
  • MLS Name: NWMLS
  • Office Name: RE/MAX Premier Group
  • Office Phone: (360) 636-7378
  • Listing Agent: Eric Pucci

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: 7/24/2025, 2:47:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2022$553,100$5,503
2021$428,800$5,173
2020$368,200$4,773
2019$383,000$3,797
2018$329,300$4,136
2017$292,500$3,400

History based on county public records data.

Nearby schools

5

Seven Oaks Elementary School

Public District KG-5

1.0 mi

1800 7 Oaks Rd SE

6

Meadows Elementary School

Public District PK-5

1.0 mi

836 Deerbrush Dr SE

4

Lydia Hawk Elementary School

Public District KG-5

1.2 mi

7600 5th 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 $86,648. Most Olympia, WA residents have annual incomes between $35k-100k. The majority of families are married, with kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

12%
<35k
45%
35k-100k
40%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

25%
Single, No Kids
16%
Single, with Kids
25%
Married, No Kids
34%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
12%
12-17 yrs old
23%
18-34 yrs old
39%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Minor League Baseball GamesMinor League Baseball Games
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • New York & CompanyNew York & Company
  • Books-a-MillionBooks-a-Million
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • QdobaQdoba
  • Chick-fil-AChick-fil-A
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • InfinitiInfiniti
  • KiaKia
  • ToyotaToyota

What do the neighbors listen to?

  • Active RockActive Rock
  • Talk/PersonalityTalk/Personality
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Olympia, WA

Olympia's transportation infrastructure supports a variety of transit options, with a focus on sustainability and accessibility. The city's public transit system provides regular bus services, connecting neighborhoods to the downtown core and beyond. The area is also conducive to walking and cycling, with numerous trails and bike lanes. Major roadways facilitate travel in and out of the city, and ongoing investments in transportation aim to enhance the efficiency and convenience of moving around Olympia.

The community benefits from a solid educational system, with numerous public and private schools catering to a range of educational needs, from elementary to higher education, including The Evergreen State College. Olympia's healthcare network includes several hospitals and clinics, offering services from primary care to specialized medical treatments. The city also features a public library system that serves as a resource and gathering place for residents. Retail and dining options abound, with an emphasis on local businesses that reflect the city's culture and values.

Olympia is celebrated for its vibrant arts scene and community-oriented atmosphere. The city prides itself on its array of local festivals, including the well-known Olympia Arts Walk and the Wooden Boat Festival, which embody the city's creative spirit and maritime heritage. The downtown area, with its eclectic mix of shops and cafes, serves as a hub for both residents and visitors, fostering a sense of community and local pride.

Olympia's housing market showcases a diverse array of options, with single-family homes being a significant presence, reflecting a mix of contemporary and classic Pacific Northwest architectural styles. The market also includes a selection of condominiums and townhouses, providing alternatives for those seeking a more urban living experience. The homeownership rate in Olympia is robust, with a majority of residents owning their homes, while a substantial portion opts for renting, indicating a balanced housing ecosystem.

About 8602 Pacific Ave SE

The listing price of 8602 Pacific Ave SE property is $1,000,000.

The property 8602 Pacific Ave SE is land located in Olympia, Washington, 98513.

Active Listing: 8602 Pacific Ave SE is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 8602 Pacific Ave SE are: Seven Oaks Elementary School (GreatSchools Rating 5/10), Meadows Elementary School (GreatSchools Rating 6/10), Lydia Hawk Elementary School (GreatSchools Rating 4/10), Nisqually Middle School (GreatSchools Rating 3/10), Salish Middle School (GreatSchools Rating 4/10), Wa He Lut Indian School (GreatSchools Rating 3/10), River Ridge High School (GreatSchools Rating 5/10), Timberline High School (GreatSchools Rating 6/10), Envision Career Academy (GreatSchools Rating 3/10).

According to the records, the last property tax for 2022 is $5,503 (source: MLS/based on county public records data).

The property 8602 Pacific Ave SE is 4.2 acres.

The sq. ft. of 8602 Pacific Ave SE is not available (source: MLS/tax record).

This home is located at 8602 Pacific Ave SE in Olympia, WA and zip code 98513. Features: 0 bathroom. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $1,000,000.

While more than 73 listings in Olympia, WA in June 2025 were sold above asking price, there were more than 67 listings sold at asking price, and more than 68 were sold below. The number of homes for sale in Olympia, WA increased by 5.7% between May and June 2025. Listings spent 31 days on the market in June 2025, and had a median list price of $568,000 during the same period.

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

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