Homes For Sale: USA Washington Olympia 423 Franz Anderson Rd SE
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$995,000 USD

423 Franz Anderson Rd SE
Olympia, Washington 98501
USA
2 bedrooms
1 full bath, 3/4 bath
Residential For Sale, Single Family Detached
Land size: 0.413 ha :: 1.02 acres
Sale price per sqm: 0
Tax: 1,036 USD
Greg Pubols
CENTURY 21 Blue Chip
6711 Regents Blvd. STE A,
University Place, 98466, United States

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Remarks:

Exceptional investment and redevelopment opportunity in one of Olympia’s fastest-growing corridors! Situated on approximately one acre and surrounded by newer residential development, this property is zoned HDC-4, allowing for significant density and a wide range of housing options. Preliminary analysis indicates the potential for approximately 60–70 units with building heights up to 75 feet (buyer to verify all development potential with the City of Olympia). The existing home provides immediate utility while plans are made for future development, creating an ideal hold-and-develop scenario. With strong demand for housing, excellent access to shopping, services, and major transportation routes, this is a rare chance to secure a high-density site in a rapidly evolving area. Whether you're a builder, developer, or investor, the possibilities here are substantial. Opportunities like this are increasingly hard to find—bring your vision and capitalize on the growth happening all around you. Buyer to verify all information to their satisfaction. All utilities are on site. Sewer stub is now available right at the property line.

Features:

  • Year Built: 1930
  • Building age: Over 50 years old
  • Style: 1 Level Ranch
  • Exterior Description: Wood Siding
  • Property Features: Carport
  • Floors: Hardwood
  • Utilities: City Water, Septic tank
  • Heating System: Forced Air, Gas, Electric
  • Lot Description: Fenced - Partially, Level
  • Roofing: Composition/shingle

Location:

423 Franz Anderson Rd SE, Olympia, Washington 98501, USA
Listed By CENTURY 21 Blue Chip

The Residential For Sale, Single Family Detached located at 423 Franz Anderson Rd SE, Olympia, Washington 98501, USA is currently for sale. 423 Franz Anderson Rd SE, Olympia, Washington 98501, USA is listed for $995,000 USD. This property has 2 bedrooms, 1 full bath. If the property located at 423 Franz Anderson Rd SE, Olympia, Washington 98501, USA isn't what you're looking for, search Washington Real Estate to see other Homes For Sale in Olympia.

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