Listed by Darcy Eggeman • Better Properties - Metro.

For sale

$480,000

Est. $2,981/mo —

•

901

sq ft

1124 Pear St NE, Olympia, WA 98506

About this home

Investor Alert: Rare Dual-Lot Opportunity! Unlock the potential of this 2 bed / 1 bath home with 2 separate parcels totaling just under ½ acre in R6-12 zoning! Located near San Fran bakery and offering a peek-a-boo view of the sound, this property is bursting with possibilities. The home features a 2-car garage AND a dedicated RV garage, and the extra lot offers flexibility for expansion, development, or garden oasis. Bonus: Sewer connection already in place between both parcels! Whether you're looking to develop multifamily housing, build a second home, or simply enjoy a generous garden space, this is the property you’ve been waiting for. Imagine the possibilities – act fast, this won't last!

Single-familyProperty Type

1938Year Built

0.45 acresLot Size

$533Price/Sq.Ft.

4 spacesParking

Listed by Darcy Eggeman • Better Properties - Metro

Listing updated: Oct 5, 2026 at 08:37am

Redfin checked: 2 minutes ago

•Source:NWMLS as Distributed by MLS Grid #2431858

Payment calculator

$2,981 per month

Principal and interest$2,620

Property taxes

$298

HOA dues

Home insurance

$64

Utilities

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This home is unavailable to tour on this day.

Next available date: Saturday, October 31

Open houses

No upcoming open houses.

Nearby open houses (10)

REDFIN OPEN SAT, 11AM TO 1PM
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5427 Boardwalk St SE, Lacey, WA 98503
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Redfin
REDFIN OPEN SAT, 11AM TO 1PM3D WALKTHROUGH
$775,000
3 beds3.5 baths3,385 sq ft
3907 Cameron Dr NE, Lacey, WA 98516
6,737 sq ft lot • Garage • Built 2009
Redfin
OPEN SAT, 11AM TO 12:30PMVIDEO TOUR
$440,000
3 beds2 baths1,324 sq ft
1632 Carpenter Ct SE, Lacey, WA 98503
7,622 sq ft lot • Garage • Built 1991
Bana Labib • Blue Summit Realty LLC
OPEN SAT, 11AM TO 1PM3D WALKTHROUGH
$409,000
2 beds1 bath952 sq ft
2411 Carpenter Rd SE, Lacey, WA 98503
5,000 sq ft lot • Built 1964
Wesley Daughenbaugh • Seattle Works Real Estate
OPEN SAT, 11AM TO 1PM
$439,900
2 beds2 baths1,234 sq ft
4601 Remington Ln SE, Lacey, WA 98503
4,412 sq ft lot • Garage • Built 1998
Bob Jorgenson • Coldwell Banker Evergreen
REDFIN OPEN SAT, 2PM TO 4PM3D WALKTHROUGH
$994,000
4 beds3 baths3,369 sq ft
4612 Skylark St NE, Lacey, WA 98516
0.63 acre lot • Garage • Built 2017
Redfin
REDFIN OPEN SUN, 10AM TO 12PM3D WALKTHROUGH
$409,000
2 beds2.5 baths1,381 sq ft
4426 Roxanna Loop SE, Lacey, WA 98503
$65 HOA • Garage • Built 2006
Redfin
REDFIN OPEN SUN, 12PM TO 2PM3D WALKTHROUGH
$425,000
3 beds2 baths1,632 sq ft
9244 Longhorn Loop SE, Olympia, WA 98501
0.35 acre lot • Garage • Built 1987
Redfin
OPEN SUN, 1:30PM TO 4PM3D & VIDEO TOUR
$365,000
2 beds1 bath886 sq ft
4221 Roxanna Loop SE, Lacey, WA 98503
$87 HOA • Garage • Built 2006
Danny Buelt • FIRST AND MAIN
REDFIN OPEN SUN, 2PM TO 4PM3D WALKTHROUGH
$565,000
3 beds2.5 baths2,223 sq ft
939 Vine Maple St SE, Olympia, WA 98503
5,617 sq ft lot • Garage • Built 2021
Redfin

Around this home

Schools

K - 12
Preschool & daycare

Roosevelt Elementary School

Public K-5 • Assigned • 0.3mi

7/10

Reeves Middle School

Public 6-8 • Assigned • 0.7mi

8/10

Olympia High School

Public 9-12 • Assigned • 2.6mi

9/10

Provided by GreatSchools

About North East

Olympia

North East Olympia, located between Downtown Olympia and Priest Point Park, is a residential and civic Olympia neighborhood with leafy streets and waterfront trails. The neighborhood’s character concentrates around the Capitol Campus along Capitol Way, where formal lawns, memorials, and museum steps set a measured, walk-and-look pace. Early- and mid-century homes mix with apartment courts, with frequent views toward Budd Inlet. The Washington State Capitol Campus and the Washington State History Museum act as cultural anchors, while the Olympia Farmers Market adds a weekly ritual of local food and craft. Side streets lead to shoreline paths and picnic lawns at Priest Point Park. The atmosphere reads calm and curated, with daily life shaped by government buildings, parks, and the inlet’s changing light.

Provided by Walk Score and Local Logic

Market insights

1124 Pear St NE · $480,000

SALE-TO-LIST

Most homes are selling 1% below list price.

LIST PRICE

Median list price in this area is $544,900. (14% higher than this home)

PRICE DROP

31% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Interior features
Dining room
Bonus room
Family room
Kitchen with eating space

Bedrooms
2 bedrooms (both on the main level)
Primary bedroom on the main level

Bathrooms
One three-quarter bathroom (main level) with shower and tub

Kitchen
Dishwasher
Refrigerator
Stove/Range

Laundry & utility
Electric and natural gas available

Flooring
Vinyl

Heating & cooling
Baseboard heating
Radiant heating
No central cooling

Sale and tax history for 1124 Pear St NE

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2026

$3,420 (+1.6%)

$220,400 + $103,100

$323,500

2025

$3,365 (+2.4%)

$220,400 + $103,100

$323,500

2024

$3,287 (+14.2%)

$214,300 + $106,400

$320,700

2023

$2,879 (−4.1%)

$194,500 + $119,400

$313,900

2022

$3,002 (+16.3%)

$160,400 + $127,800

$288,200

2021

$2,580 (−4.1%)

$143,900 + $107,000

$250,900

2020

$2,690 (+18.2%)

$111,000 + $88,500

$199,500

2019

$2,276 (−1.1%)

$87,900 + $115,000

$202,900

2018

$2,301 (+16.7%)

$76,800 + $93,900

$170,700

2017

$1,972 (+7.1%)

$76,800 + $93,900

$170,700

2016

$1,841 (+0.7%)

$91,250 + $66,200

$157,450

2015

$1,829 (+6.5%)

$81,800 + $69,600

$151,400

2014

$1,718 (−6.3%)

$79,550 + $54,400

$133,950

2013

$1,834 (−1.5%)

$79,550 + $54,400

$133,950

2012

$1,862 (+6.7%)

$79,550 + $55,200

$134,750

2011

$1,745 (+9.7%)

$87,100 + $58,100

$145,200

2010

$1,591 (−7.8%)

$89,650 + $55,700

$145,350

2009

$1,725

$101,600 + $50,500

$152,100

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.31 Acres

Year renovated

1983

Finished Sq. Ft.

901

Unfinished Sq. Ft.

—

Total Sq. Ft.

901

Year built

1938

Style

Single Family Residential

County

Thurston County

APN

09440062000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 18, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 88° expected this year, 13 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

6 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Olympia, WA • 98506

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

49/ 100

Low sunlight

Sunscore

There appears to be significant shading by surrounding buildings, terrain, and vegetation.

7.6 hrs

1.4 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 1124 Pear St NE

$463,507

$16K under list price of $480K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $450K to $750K.

SOLD MAY 27, 2026
$489,000 Last sold price
3 beds1.5 baths960 sq ft
908 Tullis St NE, Olympia, WA 98506
Listing provided by nwmls
$24/sq ft
smaller lot
37 years older
SOLD OCT 9, 2026
$475,000 Last sold price
3 beds2 baths1,336 sq ft
1214 Marion St NE, Olympia, WA 98506
Listing provided by nwmls
$177/sq ft
smaller lot
58 years newer
SOLD AUG 7, 2026
$524,000 Last sold price
2 beds2 baths1,363 sq ft
823 Bethel St NE, Olympia, WA 98506
Listing provided by nwmls
$149/sq ft
smaller lot
12 years newer
SOLD JUN 24, 2026
$485,000 Last sold price
3 beds2 baths1,595 sq ft
1614 Glass Ave NE, Olympia, WA 98506
Listing provided by nwmls
$229/sq ft
smaller lot
57 years newer
SOLD OCT 20, 2026
$450,000 Last sold price
2 beds1 bath1,392 sq ft
917 Garrison St NE, Olympia, WA 98506
Listing provided by nwmls
$210/sq ft
smaller lot
2 years older
SOLD AUG 4, 2026
$750,000 Last sold price
4 beds3.5 baths3,164 sq ft
1618 Pear St NE, Olympia, WA 98506
Listing provided by nwmls
$296/sq ft
smaller lot
71 years newer

Rental earnings

Est. $2,341 per month, based on comparable rentals

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Listed by Better Properties - Metro

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