Cyrene – Olympia, WA
For registered members only
Property Type: Sold
Lots: 9 Finished
Sold Price: $378,000
Property Status: SOLD
Lots: 9 Finished
The Offering: The real estate includes the delivery of 9 construction complete and recorded SFR lots. Home sites average 5856SF and are all 50’ x 100’ plus except for lot 48 which is larger lot and non-uniform shape. All available home sites but lot 61 sit on a tree lined greenbelt lot. New homes are selling in the low to mid $300’s.
This Opportunity: Recorded lots are much sought after in the region. The ability to monetize the lots quickly is a key benefit for the builder/developer. One could submit plans prior to close of escrow and be ready to build upon closing to ensure homes are ready for the spring market. Cyrene is located near major retail at Westfield Capital Mall, Capital Village Shopping Center and historical downtown Olympia.
Neighborhood: Cyrene, a community of 100 homes has matured into a wonderful single family residential option in West Olympia. Current active and pending homes range from $279,950-$309,950 within the neighborhood. Several homes have achieved price points over $300,000 including a recent home on lot 28 at $314,950. Just minutes from the State Capital and Downtown Olympia, Cyrene offers great access to shopping, employment sectors and recreation. The location near State Route 101 in West Olympia provides for great access to the community as well as excellent proximity to the retail components of the Capital Blvd corridor including Westfield Capital Shopping Centre. Additionally, Capital Medical Center, and much of Olympia’s medical community is located just minutes from Cyrene.
The offering is available immediately. We invite you to study this asset in detail via our secure FTP site. We are also available to provide guided tours of the site.