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JRJeff ReynoldsCompass · Seattle
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Listed by Haley Dawn Connor, BHGRE - Northwest Home Team

3
Bedrooms
2
Bathrooms
1,672
Square feet
$281
Per sq ft
Single Family Residence
Type
1955
Year built
15,360 sq ft
Lot
0
Days on market

About this property

DEVELOPER & INVESTOR OPPORTUNITY! Rare .36-acre parcel zoned MD – Moderate Density Residential, offering exciting potential for future development, investment, or owner-occupancy. This charming mid-century modern rambler offers 3 bedrooms and 1.75 bathrooms with classic character and functional living space. A unique attached addition behind the garage provides a fantastic multigenerational living opportunity with its own separate entrance, or potential for a separate rental/ADU-style living space—ideal for generating additional income or accommodating extended living. The spacious lot provides room to explore the possibilities that come with MD zoning, making this property an excellent opportunity for builders, developers, or investors looking for upside in Lacey. Live in the existing home while planning your next project, rent the property, or investigate future development options. Conveniently located near shopping, schools, parks, major roadways, and all that the Lacey/Olympia area has to offer. Properties combining a solid existing home, .36 acres, and development potential are hard to find—bring your vision and unlock the possibilities!

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2579157
Listed
September 10, 2026
Days on market
0
Price per sq ft
$281

Unit & building

Unit levels
One

Parking

Parking
DrivewayAttached Garage
Covered spaces
1
Total spaces
3

Views

View
Territorial

Construction

Year built
1955
Style
10 - 1 Story
Structure
House
Roof
Composition

Heating & cooling

Heating
Heat Pump
Cooling
Heat Pump
Energy source
ElectricNatural Gas

Interior features

Features
Dbl Pane/Storm WindowSecurity SystemWater Heater

Flooring

Flooring
HardwoodVinylCarpet

Appliances

Appliances
DishwasherRefrigeratorStove(s)/Range(s)

Lot

Lot features
Value In Land
Lot size
15,360 sq ft

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Water
City of Lacey
Sewer
City of Lacey
Power
PSE

Schools

District
North Thurston

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • One
  • Driveway
  • Attached Garage
  • Territorial
  • House
  • Composition
  • Heat Pump
  • Electric
  • Natural Gas
  • Dbl Pane/Storm Window
  • Security System
  • Water Heater

Listing history

  1. Listed

    $469,900

    September 10, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$2,736

Principal & interest
$2,376
Property tax (est.)
$360

Assumes $93,980 down (20%), a $375,920 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of September 10, 2026 at 12:15 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.