Unlock incredible income potential with this 75+ acre equestrian property! Once a thriving thoroughbred facility with horses competing at Longacres and Emerald Downs & host to summer gaming events, it’s now home to quarter horses and a horse boarding facility. The property offers a large outdoor arena with an announcers building, two barns with 39 stalls, about 30 paddocks with loafing sheds, a duplex, a 2-bedroom, 1-bath single-family home, two wells, multiple outbuildings, riding trails, and stunning views. With vision, you can restore this estate to its former glory. Perfect for investment, training, rescue, or other equestrian ventures. Tour today and explore the potential that awaits!
Sold
Listed by:
Sandra Ewton,
Keller Williams Realty,
Amanda Goff,
Keller Williams Realty
Bought with: RE/MAX Parkside Affiliates
$1,400,000
7307 Spurgeon Creek Road SE, Olympia, WA 98513
2beds
3,709sqft
Single Family Residence
Built in 1952
75.25 Acres Lot
$1,400,400 Zestimate®
$377/sqft
$2,874 Estimated rent
Home value
$1,400,400
$1.29M - $1.51M
$2,874/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 30, 2025 at 04:04am
Listed by:
Sandra Ewton,
Keller Williams Realty,
Amanda Goff,
Keller Williams Realty
Bought with:
Kyle Schrader, 122699
RE/MAX Parkside Affiliates
Source: NWMLS,MLS#: 2304813
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Other
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Has Heating (Unspecified Type)
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total structure area: 3,709
- Total interior livable area: 3,709 sqft
Property
Parking
- Parking features: Driveway, RV Parking
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Has view: Yes
- View description: Territorial
Lot
- Size: 75.25 Acres
- Dimensions: 3,277,890
- Features: Open Lot, Barn, Fenced-Partially, Outbuildings, RV Parking, Shop, Stable
- Topography: Equestrian,Level
- Residential vegetation: Brush, Pasture
Details
- Parcel number: 11711210100
- Zoning description: Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Block
- Roof: Composition
Condition
- Year built: 1952
- Major remodel year: 1987
Utilities & green energy
- Sewer: Septic Tank
- Water: Individual Well
Community & neighborhood
Location
- Region: Olympia
- Subdivision: Olympia
Other
Other facts
- Listing terms: Cash Out,Conventional,Farm Home Loan
- Cumulative days on market: 61 days
Price history
| Date | Event | Price |
|---|---|---|
| 2/27/2025 | Sold | $1,400,000-3.4%$377/sqft |
Source:  NWMLS #2304813 Report a problem | ||
| 10/30/2024 | Pending sale | $1,450,000$391/sqft |
Source: NWMLS #2304813 Report a problem | ||
| 10/24/2024 | Listed for sale | $1,450,000$391/sqft |
Source: NWMLS #2304813 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,822 -24.4% | $905,300 -2.1% |
| 2023 | $9,023 +26.7% | $925,100 +22.2% |
| 2022 | $7,121 +9.5% | $756,800 +30.7% |
Find assessor info on the county website
Neighborhood: 98513
Nearby schools
GreatSchools rating
- 4/10Southworth Elementary SchoolGrades: PK-5Distance: 6.2 mi
- 7/10Yelm Middle SchoolGrades: 6-8Distance: 8.1 mi
- 4/10Yelm High School 12Grades: 9-12Distance: 7.2 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value$1,400,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,400,400