5142 Palermo Rosa Lane SW, Olympia, WA 98512

Property 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.

Listing Status:

Active

Data Last Updated:

July 6, 2026 at 2:19PM

Listing Office:

Capitol Real Estate LLC : 360-489-6439

Listing Agent:

Justin W Hjelm : 360-489-6439

MLS ID:

2543790

Interior

• A/C: None
• Heating: None
• Fireplace: Fireplaces: 0

Construction

• General: 41 - Res-Over 1 Acre

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Tumwater
• County: Thurston

Lot

• Zoning: 12730230700

Utilities

• Utilities: Electricity ConnectedSeptic Design AppliedElectricity on Property
• Water: Drilled Well
• Sewer: Not Available

Financial

• Source: nwmls