Just Listed
Listed By:
Morrison House Sotheby's Intl and NWMLS
Address
4130 40th Lane Sw, Olympia, WA
Price
$ 924,950
Property Attributes
  • ID#2588000
  • TypeSingle Family
  • CountyTHURSTON
  • CityOlympia
  • AreaTumwater
  • NeighborhoodBlack Lake
  • Zip98512
  • StyleContemporary
  • Year Built2026
  • Taxes$ 1000
  • Price$ 924,950
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage2553
  • Lot Size5.49 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

Welcome to the Rainier plan at Mills Heights, an intimate new community of just 6 homes perched above Black Lake, with each residence set on a private 5 to 11 acre homesites. A tree-lined paved road winds through the former nursery grounds, where mature landscaping & an extraordinary variety of established trees create a setting unlike any traditional new development. Set on 5.49 acres, this beautifully designed home offers 3 beds, an oversized bonus room, 2.5 baths & a 3 car garage. The stunning kitchen features quartz slab countertops, shaker maple cabinetry w/ full-extension guides and soft-close drawers, an eating bar & stainless steel appliances. The kitchen flows effortlessly into a casual dining nook + spacious great room, while a formal dining room & butler’s pantry w/ wine cooler add a refined touch for entertaining. Hardwood flooring extends through the entry, formal dining room, kitchen & nook. The generous primary suite offers a 5-piece bath w/ tile flooring, a tiled shower & a large walk-in closet. Quartz countertops continue throughout the bathrooms for a cohesive, elevated finish. A substantial backyard patio expands the home’s living space outdoors, surrounded by the privacy & natural beauty of the acreage. Solar panels, a heat pump, an electric hybrid water heater provide modern comfort & energy efficiency. Peaceful and Private, this is the what you've been waiting for...

Price History
9/26/2026 Listed $924,950

General Features

Living Area 2553
Sewer Septic Tank
Heating 90%+ High Efficiency,Forced Air,Heat Pump,Recirculation Pump
Cooling 90%+ High Efficiency,Forced Air,Heat Pump
Possession Closing
Roof Composition
Appliances Dishwasher,Disposal,Microwave,Stove(s)/Range(s)
Architectural Style Contemporary
Security Features Security Gate
Year Built 2026
View Territorial
Topography Level,Partial Slope
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Community Features CCRs,Trail(s)
Building Name Mills Heights
County Thurston
New Construction Yes
Property Type Residential
HOA No
Attached Garage Yes
Energy Efficient Double Wall
Subdivision Name Black Lake
Garage Y/N Yes
Full Baths 2
Special Listing Conditions None
Status Active
Directions From 101 South,Exit Black Lake BLVD. Right on Black Lake,Right on 40th Lane SW.
City Olympia
Entry Location Main
Senior Community Y/N No
High School District Tumwater
MLS Area 443 - Tumwater
Lot Size Units Square Feet
Lot Size Square Feet 239144
Carport Y/N No
Listing Terms Cash,Conventional,FHA,VA Loan
Land Lease Y/N No
Tax Annual Amount 1000
Property Condition Under Construction
Public Remarks Welcome to the Rainier plan at Mills Heights,an intimate new community of just 6 homes perched above Black Lake,with each residence set on a private 5 to 11 acre homesites. A tree-lined paved road wi
Virtual Tour https://player.vimeo.com/video/1230362432
Structure Type House
Building Area Units Square Feet
Builder Name Shepard Family Homes
Standard Status Active
Water Company Shared Well
Property Style 12 - 2 Story
NWM_ShowMapLink Yes

Interior Features

Interior Amenities Bath Off Primary,Dbl Pane/Storm Window,Dining Room,Fireplace,French Doors,High Tech Cabling,Pantry,Triple Pane Windows,Vaulted Ceiling(s),Walk-In Closet(s),Water Heater,Wet Bar,Wine/Beverage Refriger
Basement None
Flooring Ceramic Tile,Engineered Hardwood,Carpet
Total Fireplaces 1
Fireplace Features Gas
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Half Baths 1
Total Bedrooms 4
Total Baths 3
Bedrooms Possible 4
Water Heater Type Electric Recirc
Water Heater Location Garage
Fireplaces Main 1
Power Production Type Electric,Propane
Bedrooms Upper 4
Baths Half Main 1
Baths Full Upper 2
Bathrooms 2.5

Exterior Features

Exterior Amenities Cement Planked,Stone
Vegetation Garden Space,Wooded
Parking Features Driveway,Attached Garage,Off Street
Lot Features Dead End Street,Open Space,Paved,Secluded,Value In Land
Water Source See Remarks,Shared Well
Total Parking 9
Inclusions Dishwasher(s),Garbage Disposal,Microwave(s),Stove(s)/Range(s)
Foundation Details Poured Concrete
Building Area Total 2553
Lot Size Acres 5.49
Waterfront Y/N No
Covered Spaces 3
Irrigation Water Rights Y/N No
Site Features Cable TV,Gated Entry,High Speed Internet,Patio,Propane
Parking Uncovered Total 6
Lot Number 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 98512

Price
AVG $690K
$920K
Taxes
AVG $5,748
$1,000
Year Built
AVG 1996
2026

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