REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Wesley Ollson

wesley.ollson@exprealty.com +1(210) 709-9290

Listed by:eXp Realty • Chris Gurnee

$ 1,350,000

Est. payment | -/mo

1.28 Acres Lot

Save

$ 1,350,000

Est. payment | -/mo

Save

1.28 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Lacey

MLS Listing ID 2543215

Style 41 - Res-Over 1 Acre

Annual Tax Amount $5,642

Lot Size 1.280 Acres

Property Sub-Type Land

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 lotsWashington 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

Fireplace false

Exterior

Utilities Available Electricity Connected, Natural Gas Available

View Y/N No

Garage Yes

Building

Lot Description Corner Lot

Sewer On Property

Water In Street, See Remarks, Shared Well

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

Listing Terms Cash, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Locations

GET MORE INFORMATION

Wesley Ollson

REALTOR® | Lic# 20112911

wesley.ollson@exprealty.com

+1(210) 709-9290

2219 Rimland Dr, Suite 301, Bellingham, WA, 98226

8623 Steilacoom RD SE Lacey, WA 98513

Wesley Ollson

Key Details

Location

Interior

Exterior

Building

Schools

Others

8623 Steilacoom RD SE