0 XXX Gravelly Beach Loop NW, Olympia, WA 98502 (MLS # 2322885)
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Prime Development Opportunity in Griffin School District! Three parcels totaling 140.8 acres with paved road and power, located just off Steamboat Island Road in high-demand NW Olympia. Potential to subdivide into 25 five-acre parcels or create a Large Lot Subdivision (LLS). Close to Frye Cove County Park. Includes LLS proposal and topographic map, Wetland & Stream Recon map from Land Services Northwest, timber evaluation by Jim Frost of Lusignan Forestry ($321,000), and recent appraisal on 1/5/24 ($2,300,000). Ideal for developers or investors looking for a high-value project in a growing.
| LAST UPDATED | 4/15/2025 | TRACT | Steamboat Island |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | Steamboat Island |
| COUNTY | Thurston | STATUS | Pending Feasibility |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| Elementary School | Griffin Elem |
|---|---|
| Jr. High School | Griffin Mid School |
| High School | Capital High |
| ADDITIONAL DETAILS | |
| AREA | 441 - Thurston Nw |
|---|---|
| HEAT | None |
| LOT | 140.8 acre(s) |
| LOT DESCRIPTION | Paved, Secluded |
| MLS STATUS | Pending Feasibility |
| STYLE | 41 - Res-Over 1 Acre |
| SUBDIVISION | Steamboat Island |
| TAXES | 212 |
| UTILITIES | Electricity Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Territorial |
| ZONING | Forestry,Residential |
TOTAL MONTHLY PAYMENT
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Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 4/24/25 8:15 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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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