5025 45th Avenue SE, Lacey, WA 98503

$400,000
3
BD
2
BA
1,938
SqFt

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Listing courtesy of COMPASS. Selling Office: AgencyOne.

Sold Price
$400,000
List Price
$375,000
Status
SOLD
MLS#
2498335
Closing Date
Apr 14, 2026
Days on Market
4
Bedrooms
3
Finished SqFt
1,938
Area Total SqFt
1938
Annual Tax Ammount
4283
Lot Size (sq ft)
9,730
Fireplace
Yes
Sewer
Sewer Connected
Offer Review Date
2026-03-30

Property Description

Opportunity awaits! This spacious home offers incredible potential for buyers looking to bring their vision and add value. With solid bones and a functional layout, it’s the perfect canvas for a cosmetic refresh. The home features a large family room just off the kitchen, ideal for everyday living and entertaining, along with a separate formal living room for added flexibility. An extra room above the garage provides the perfect space for a home office, bonus room, or guest retreat. Situated on a generous lot with a private well, this property offers both privacy and room to spread out. There’s also ample RV parking and a 2-car garage, making it ideal for those who need extra space for vehicles, toys, or storage. Ideally located in Lacey, this home offers easy access to parks, trails, and outdoor recreation including Woodland Creek Community Park, Long Lake, and the Nisqually Wildlife Refuge. Enjoy nearby shopping, dining, and entertainment, with convenient access to Olympia and major commuter routes. The interior is ready for updates, including kitchen and baths, giving buyers the chance to customize and build equity. Whether you’re an investor or a homeowner looking for a project, this is a rare opportunity in a desirable location. Bring your ideas and unlock the full potential of this property! New H20 heater!

Additional Information

Community
Lacey
Style
10 - 1 Story
Basement
None
Year Built
1930
Total Covered Parking
2
Roof
Composition
Site Features
Fenced-Partially, Gas Available, RV Parking
Tax Year
2026
School District
North Thurston
Elementary School
Chambers Prairie El
Middle School
Komachin Mid
High School
Timberline High
Potential Terms
Cash, Conventional, FHA, VA Loan
Interior Features
Bath Off Primary, Dining Room, Fireplace
Flooring
Laminate
Driving Directions
From Yelm highway take College St or Ruddell Rd, then take 45th Ave SE.Home is on the same side as Ranier Vista Park.
Appliance
Dishwasher, Dryer, Refrigerator, See Remarks, Stove(s)/Range(s), Washer
Appliances Included
Dishwasher(s), Dryer(s), Refrigerator(s), See Remarks, Stove(s)/Range(s), Washer(s)
Energy Source
Electric
Based on information submitted to the MLS GRID as of . 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.
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