Olympia, WA 98501 9115 Old Highway 99 SE
$1,975,000
18 more
Presented By: Windermere Prof Partners and NWMLS
- MLS# 2159407
- 09/18/2023
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
Home Details
6.63 Acres of Development Land w/ MFM Zoning which permits all configurations of multi-family, townhouses, rowhouses, manufactured home parks, senior housing, cottage housing, & more. Density of 9-15 units/acre, but possible to increase to 20 units/acre by incorporating permanently affordable housing units. Max height of 40 ft. Level topo & no wetlands. Mostly treed w/ some clear areas. Water & Sewer are about 1300 ft away along Hwy 99 with plans in place to run the lines past property to near intersection. At max density, this property could produce 99 units at $19.9K/unit. By incorporating the max affordable housing units, it could yield 133 units at $14.8K/unit. Priced at $6.84/SF. Located w/in the UGA of Tumwater.
Presented By: Windermere Prof Partners and NWMLS
Interior Features for 9115 Old Highway 99 SE
Bedrooms
Bedrooms Possible3
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Total Fireplaces
General for 9115 Old Highway 99 SE
Building Area UnitsSquare Feet
Carport Y/NNo
CityOlympia
CountyThurston
DirectionsSouth on Old Hwy 99 to property on the right-hand side at the address (3 driveway options). Alternatively, east on 93rd Ave SE to the driveway on the left-hand side.
Elementary SchoolEast Olympia Elem
Gas StatusIn Street
HOANo
HOA Fee$
High SchoolTumwater High
High School DistrictTumwater
Listing TermsCash Out, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet288803
Lot Size UnitsSquare Feet
MLS Area443 – Tumwater
Middle/Junior High SchoolGeorge Wash Bush Mid
ModificationTimestamp2024-11-14T16:59:18.237Z
NWM_ShowMapLinkY
PossessionClosing, Negotiable
Possible UseResidential
Property FeaturesGarden/Fruit Trees, Lightly Treed, Partially Cleared, Pasture Land
Property Style41 – Res-Over 1 Acre
Property TypeLand
Public Remarks6.63 Acres of Development Land w/ MFM Zoning which permits all configurations of multi-family, townhouses, rowhouses, manufactured home parks, senior housing, cottage housing, & more. Density of 9-15 units
Senior Community Y/NNo
SewerAvailable, In Street
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeUnspecified
Subdivision NameOlympia
Tax Annual Amount2157
Tax Year2023
TopographyLevel
UtilitiesElectricity Connected, Natural Gas Available, Septic Design Installed
ViewTerritorial
Zoning DescriptionResidential
Exterior for 9115 Old Highway 99 SE
Building Area Total
Irrigation Water Rights Y/NNo
Lot Size Acres6.63
Road ResponsibilityCounty
Road Surface TypePaved
Water SourceAvailable, In Street, Private Well
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
George Wash Bush Mid
High School
Tumwater High
Elementary School
East Olympia Elem
Josh QA1
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