8623 Steilacoom RD SE, Lacey, WA 98513
8623 Steilacoom RD SE, Lacey, WA 98513
8623 Steilacoom RD SE, Lacey, WA 98513
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Listed by:eXp Realty • Chris Gurnee
$1,350,000
Est. payment /mo
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4 Beds
2 Baths
1.28 Acres Lot
Active

8623 Steilacoom RD SE Lacey, WA 98513

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DJ Gee

DJ Gee

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Lacey

MLS Listing ID 2543213

Style 52 - Duplex

Bedrooms 4

Year Built 1979

Annual Tax Amount $5,642

Lot Size 1.280 Acres

Property Sub-Type Multi Family

Property Description

Investor / Developer Opportunity – Approved 7-Lot Short Plat in Growing Lacey Market! Rare development opportunity on 1.28 acres with an existing duplex and enhanced short plat approval in place. Approved civil plans are available through the city, allowing the next owner to move forward with water and sewer extensions, sidewalks, and street tree improvements. The approved project creates a total of 7 separate lots, including: Conversion of the existing duplex into 2 townhouse lots, 5 additional single-family residential lots, 7 total buildable lots Washington State's current housing regulations may allow up to 2 ADUs per lot (buyer to verify), creating the potential for 7 primary residences plus up to 14 ADUs for significant density and income potential. Conveniently located approximately 1.5 miles from I-5, with major retail amenities including Costco and Home Depot nearby. Situated in the rapidly growing city of Lacey, home to approximately 60,000 residents, this property offers an exceptional opportunity for builders, developers, and investors seeking a shovel-ready project in a high-demand market.

Location

State WA

County Thurston

Area 451 - Hawks Prairie

Interior

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood Products

Garage Spaces 2.0

Amenities Available Fenced-Partially

View Y/N No

Roof Type Composition

Building

Lot Description Corner Lot

Sewer Available, Sewer Connected

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District North Thurston

Others

Senior Community No

Acceptable Financing Cash, Conventional, See Remarks

Listing Terms Cash, Conventional, See Remarks

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

NEARBY SCHOOL & BUSINESS

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DJ Gee

DJ Gee

+1(253) 363-0413

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8623 Steilacoom RD SE

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