For Sale
No HOANo HOA
Land for sale at 5142 Palermo Rosa Ln SW, Olympia, WA 98512 | MLS# NWM2543790 | Listing updated on 2026-09-28
Photo 1 of Land for sale at 5142 Palermo Rosa Ln SW, Olympia, WA 98512 | MLS# NWM2543790 | Listing updated on 2026-09-28
Photo 2 of Land for sale at 5142 Palermo Rosa Ln SW, Olympia, WA 98512 | MLS# NWM2543790 | Listing updated on 2026-09-28
Photo 3 of Land for sale at 5142 Palermo Rosa Ln SW, Olympia, WA 98512 | MLS# NWM2543790 | Listing updated on 2026-09-28
Photo 4 of Land for sale at 5142 Palermo Rosa Ln SW, Olympia, WA 98512 | MLS# NWM2543790 | Listing updated on 2026-09-28
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Listed by: Justin W Hjelm (360) 480-8813 | Capitol Real Estate LLC (360) 489-6439

$298,500

Monthly Est:$1,486

  • Beds Icon3 Beds
  • Beds Icon
    -- Bath
  • Beds Icon4.73acres lot

5142 Palermo Rosa Ln SW, Olympia, WA 98512

$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 Northwest Multiple Listing Service

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    Thurston County

  • City

    Olympia

  • 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

DateEventPrice

06/24/2026

Source: mls_logoNorthwest Multiple Listing Service #NWM2543790

Listed for Sale

$298,500

$0/sqft

Nearby Homes

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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