Katie Hertenstein

4130 40th Lane Sw

Olympia, WA
$ 924,950 Beds 4 Baths 2.5 Sq 2,553 Virtual Tour
Monthly Estimate* How much can I afford?

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...

Active

  • Price
  • $ 924,950
  • City
  • Olympia
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • THURSTON
  • Half Bathrooms
  • 1
  • Area
  • Tumwater
  • Lot Size
  • 5.49 Acres
  • Zip
  • 98512
  • Sqr Footage
  • 2,553
  • Year Built
  • 2026
  • Taxes
  • $ 1000
  • Style
  • Contemporary
  • MLS#
  • 2588000
Listed By: Morrison House Sotheby's Intl and NWMLS
Data Source: Northwest Multiple Listing Service (NWMLS)

Features

General

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Vancouver, WA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/26/2026 Listed $924,950

Property vs Zip Code Average in 98512

Price
AVG $690K
$920K
Taxes
AVG $5,748
$1,000
Year Built
AVG 1996
2026
Visits
AVG 234
4
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

4130 40th Lane Sw Olympia, WA is a Single Family Home for sale at $924950 with 2553 sqft and a lot size of 5.49 Acres Acre(s). 4130 40th Lane Sw Olympia has 4 bedrooms, 2 baths and was built in 2026. The property's zip code is 98512 which is in Olympia, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Katie Hertenstein

Katie Hertenstein

Real Estate Broker

360-450-8645

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