Listing provided courtesy of Abbey Realty IncNWMLSas Distributed by MLSGrid- MLS# NWM2481116MLS Provider

5605 Reef Lane NEOlympia, WA 98516

Single Family · 3 Beds · 1 Full Bath · 1 Three Quarter Bath · 1,726 Sq. ft. | 0.12 Acres
$725,000 Active

5605 Reef Lane NE Overview

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Retirement Done Right! Jubilee 2021 one-story loaded with $80k in recent upgrades delivers the lifestyle buyers move here for. No backyard neighbors. No future development behind you. Just a gorgeous forested greenbelt backdrop changing with the seasons while you enjoy all the perks of one of the South Sound's most desirable 55+ communities. Dark wood floors, custom California Closets systems, Hunter Douglas remote blinds & brand new bedroom carpeting create luxe living, while the kitchen is ready for everything from dinner parties to Costco hauls w/quartz island, newer fridge, gas range, pull-out storage & walk-in pantry. Clever split-bedroom design w/no shared walls between any bedrooms puts vaulted primary suite facing tree views, while 2 front bedrooms & full bath share separate guest wing. A double-sided fireplace steals the show, warming both the living room & covered patio. Add remote-controlled solar shade, included smoker, & you've gained a 2nd living room in nature. Discerning buyers will appreciate practical upgrades like central A/C, tankless hot water, $17k GENERAC whole-house generator, GE Profile pedestal laundry set, Kobalt workspace, sheds, tons of garage shelving & front yard care by HOA. All w/dream amenities: clubhouse, indoor pool, gym, tennis, ballroom events, miles of strolling trails, 2 nearby golf courses & 10 mins to Costco or coffee! Quick ride to downtown Olympia art scene & waterfront events. Lock-&-leave convenience meets resort-style PNW living!

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5605 Reef Lane NE Facts & Features

  • Type Single Family
  • Sq. ft. 1,726
  • Price/Sq.ft. $420
  • Lot 0.12 Acres

Details

General

Association/HOA

  • Association Fee: $305.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Common Area Maintenance, Lawn Service, Road Maintenance, See Remarks

School Information

  • School District: North Thurston
  • Elementary School: Olympic View Elem
  • Middle Or Junior School: Salish Middle
  • High School: River Ridge High

Building Information

  • Building Name: Woodland Cove
  • New Construction: No
  • Year Built: 2021

Location/Region

  • Country: US
  • County Or Parish: Thurston
  • MLS Area Major: 446 - Thurston Ne
  • Subdivision Name: Jubilee

Community/Development

  • Community Features: Age Restriction, Athletic Court, CCRs, Club House, Golf, Park, Playground, Trail(s)

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: $6,664.00
  • Tax Year: 2026

General Information

  • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Leased Equipment, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Listing Terms: Cash, Conventional, FHA, VA Loan
  • Parcel Number: 52930165200
  • Property Condition: Very Good
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: Yes
  • Special Listing Conditions: None

Interior

Building Information

  • Building Information: Built On Lot

Parking Information

  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total: 2
  • Bedrooms Total: 3
  • Bedrooms Lower: 0
  • Bedrooms Upper: 0

Building Interior

  • Appliances Included: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Building Area Total: 1726
  • Building Area Units: Square Feet
  • Calculated Square Footage: 1726
  • Square Footage Finished: 1726
  • Square Footage Unfinished: 0

General Information

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Tankless Water Heater, Washer
  • Basement: None
  • Cooling: Yes
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Laminate, Vinyl, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Interior Features: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wired for Generator
  • Levels: One
  • Living Area: 1726
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Power Production Type: Electric,Oil
  • Security Features: Fully Fenced

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: Driveway, Attached Garage
  • Parking Total: 2

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Curbs, Paved, Sidewalk
  • Lot Size Acres: 0.1233
  • Lot Size Dimensions: 66x102x44x100
  • Lot Size Square Feet: 5371
  • Lot Size Units: Square Feet
  • Site Features: Cable TV, Fenced-Fully, Gas Available, High Speed Internet, Patio, Sprinkler System
  • Topography: Level
  • Vegetation: Garden Space
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: Yes
  • Direction Faces: East
  • Roof: Composition
  • Structure Type: House

General Information

  • Carport: No
  • Covered Spaces: 2
  • Exterior Features: Cement/Concrete, Wood
  • Sewer: Sewer Connected

Room Information

Room: Bathroom Full

  • Level: Main

Room: Bathroom Three Quarter

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Dining Room

  • Level: Main

Room: Entry Hall

  • Level: Main

Room: Family Room

  • Level: Main

Room: Kitchen With Eating Space

  • Level: Main

Room: Primary Bedroom

  • Level: Main

Room: Utility Room

  • Level: Main

5605 Reef Lane NE Neighborhood

Community

98516 (Lacey) Demographics

40
Median Age
596
Population Density (per sq. mile)
51%
College Educated
$83,249
Estimated Median Income
7,348
Estimated Total Home Owners
2,423
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5605 Reef Lane NE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5605 Reef Lane NE Market Data

Based on the last 30 days in this zip code

$678,229
Average List Price
$312
Average Price per Square Foot
35
Properties Sold
55
Average Days on Market
167
Properties for Sale
Calculations provided by Reliance Network

5605 Reef Lane NE History

Date Event Value Agent
6/12/2026Source: NWMLS Added to Database
June 12, 2026
9/27/2024Source: NWMLS Status Change
Sold
8/23/2024Source: NWMLS Status Change
Pending
8/16/2024Source: NWMLS Status Change
Pending Inspection
8/14/2024Source: NWMLS Added to Database
August 14, 2024