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Street View
Listed by: Justin W Hjelm (360) 480-8813 | Capitol Real Estate LLC (360) 489-6439
$298,500
Monthly Est:$1,486
3 Beds
- -- Bath
4.73acres lot
5142 Palermo Rosa Ln SW, Olympia, WA 98512
$298,500
$1,486/moEst:
Get Pre-Approved
Land
Built in -
$-- HOA
4.73 acres lot
$63,108/acre
Description
Rare opportunity to own a nearly 5-acre cleared homesite just minutes from town! Finding a parcel of this size, quality, and location is becoming increasingly difficult. Most of the legwork has already been completed, including conditional site approval for a 2,500± sq. ft. home, making it easier to bring your vision to life. Well and power are already on site, saving valuable time and expense. Enjoy beautiful territorial views, abundant natural light, and the peace of mind that comes with perpetual privacy. Located within the highly desirable Tumwater School District, this property offers the perfect balance of rural tranquility and everyday convenience. Whether you're ready to build now or planning for the future, this is an exceptional opportunity to create your dream home in a setting that is truly hard to replicate.
- Houzeo last checked: 12 hours ago
- Listing updated: September 28, 2026 at 4:27 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2543790

Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
4.73 acres lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2543790
MLS Status
Active
Days on Market
101
Cumulative Days on Market
100

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathroom: --
Interior
Sewer
Not Available
Utilities & Energy
Water Source
Drilled Well
Utilities
Electricity Connected, Septic Design Applied
Other Features
Lot Features
Corner Lot
Subdivision Name
Olympia
Price History
| Date | Event | Price |
|---|---|---|
06/24/2026 Source: | Listed for Sale | $298,500 $0/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 02, 2026, 09:01AM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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