5825 Stellar Lane SE, Olympia, WA 98513

$125,000

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Listing courtesy of Signature Service RE Olympia.

List Price
$125,000
Status
PENDING FEASIBILITY
MLS#
2517425
Days on Market
75
Lot Size (sq ft)
12,632

Property Description

Rare opportunity to secure a development-ready lot with strong upside and a low barrier to entry. This 0.29-acre parcel offers an excellent opportunity for investors, builders, or buyers ready to bring their vision to life. Whether you're planning a rental, resale, custom home, or a manufactured home for faster completion, this property is primed for success.The level, cleared lot is equipped with key utilities already in place—including water, electricity, and a 2-bedroom septic system—helping minimize upfront development costs and streamline your build timeline. Previously home to a mobile residence (removed approximately two years ago), the property is ready for its next chapter.Located on a quiet dead-end street with minimal traffic, this parcel offers both privacy and convenience. With no HOA restrictions and no wetlands, you’ll enjoy flexibility in your plans. An existing outbuilding provides valuable storage space for tools and materials during construction.Ideally situated with easy access to I-5 and JBLM, this location ensures a smooth commute while remaining close to everyday amenities. Whether you're building now or holding for future appreciation, this is a smart, versatile investment in a growing area.

Additional Information

Community
Olympia
Style
40 - Res-Less thn 1 Ac
Zoning Jurisdiction
County
Restrictions
Manufactured Homes OK
Features
Partially Cleared
View
Territorial
Sewer
Not Available
Tax Year
2026
School District
North Thurston
Elementary School
Woodland Elem
Middle School
Nisqually Mid
High School
Timberline High
Potential Terms
Cash, Conventional
Driving Directions
Yelm Hwy to Meridian, Left on 58th, Left on Stellar Ln to property on Right.
Based on information submitted to the MLS GRID as of . 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.
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