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  • Listed by: Capitol Real Estate LLC • Victoria Hogue
    Price cut: $3K (8/3)
    $379,000

    3621 Walthew Drive SE, Lacey, WA 98503

    --beds
    --baths
    0.39Acres
    Unimproved Land
    Built in ----
    0.39 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Serene lake views
    Discover a rare opportunity on the shores of highly sought-after Long Lake. With 86 feet of waterfront, this property offers the perfect setting to enjoy kayaking, swimming, and peaceful lakeside living right from your own backyard. A level yard leads to the shoreline, creating an inviting space to relax, entertain, and take in the serene lake views. The property includes a charming 240 sq ft cabin with a newer roof installed in 2016, along with access to a shared boathouse for added lake enjoyment. No HOA provides flexibility and freedom to make this property your own. Utilities are in place with water connected, electricity available on site, and a septic system installed (tank will need to be replaced). Whether you're looking to create a custom waterfront retreat, invest, or design your ideal getaway, this property offers a unique opportunity to bring your vision to life in a prime lakefront setting. Conveniently located near parks, shopping, and amenities while still offering a peaceful, nature-filled setting with frequent wildlife sightings.
    100 days
    |
    825
    |
    46
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Victoria Hogue,

    Capitol Real Estate LLC

    Source: NWMLS as distributed by MLS GRID,MLS#: 2515269MLS Logo

      Facts & features

      Interior

      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 0

      Property

      Features
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake
      • Frontage length: Waterfront Ft: 86
      Lot
      • Size: 0.39 Acres
      • Features: Brush, Evergreens, Partially Cleared
      • Topography: Sloped
      Details
      • Parcel number: 59600200700
      • Zoning: LD 0-4
      • Zoning description: Residential,Jurisdiction: County
      • Special conditions: Standard

      Utilities & green energy

      • Electric: On Property
      • Gas: Not Available
      • Sewer: Not Available, Septic Design Installed
      • Water: Available, On Property
      • Utilities for property: Electricity Connected, Septic Design Installed

      Community & HOA

      Community
      • Subdivision: Long Lake East
      Location
      • Region: Olympia

      Financial & listing details

      • Tax assessed value: $408,200
      • Annual tax amount: $4,770
      • Date on market: 4/29/2026
      • Cumulative days on market: 102 days
      • Listing terms: Conventional
      • Has irrigation water rights: Yes
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,229/mo

        Price history

        DateEventPrice
        8/3/2026Price change$379,000-0.8%
        Source: NWMLS as distributed by MLS GRID #2515269 Report a problem
        7/27/2026Price change$381,999-1.3%
        Source: NWMLS as distributed by MLS GRID #2515269 Report a problem
        4/30/2026Listed for sale$387,000-0.8%
        Source: NWMLS as distributed by MLS GRID #2515269 Report a problem
        11/5/2025Listing removed$390,000
        Source: Berkshire Hathaway HomeServices NW #NWM2368109 Report a problem
        9/3/2025Price change$390,000-1%
        Source: Berkshire Hathaway HomeServices NW #NWM2368109 Report a problem
        7/15/2025Price change$393,999-1.5%
        Source: Berkshire Hathaway HomeServices NW #NWM2368109 Report a problem
        5/1/2025Listed for sale$399,950-2.9%
        Source: Berkshire Hathaway HomeServices NW #NWM2368109 Report a problem
        11/14/2024Listing removed$412,000
        Source: Berkshire Hathaway HomeServices NW #NWM2250349 Report a problem
        10/9/2024Pending sale$412,000
        Source: Berkshire Hathaway HomeServices NW #NWM2250349 Report a problem
        8/1/2024Price change$412,000-3.1%
        Source: Berkshire Hathaway HomeServices NW #NWM2250349 Report a problem
        7/22/2024Pending sale$425,000
        Source: Berkshire Hathaway HomeServices NW #NWM2250349 Report a problem
        6/13/2024Listed for sale$425,000
        Source: Berkshire Hathaway HomeServices NW #NWM2250349 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,770 +17.1%$408,200 +10.2%
        2023$4,073 +25%$370,400 +31%
        2022$3,258 +0.3%$282,700 +20.4%
        2021$3,249 -1.9%$234,800 +4.3%
        2020$3,312 +26.1%$225,100 +10.7%
        2019$2,627 -2.9%$203,400 +2.6%
        2018$2,707 +12.3%$198,300 +28.6%
        2017$2,410 $154,150 +0.8%
        2016$2,410 $152,900 +0.1%
        2014$2,410 $152,800 +3.8%
        2013-- $147,250
        2012$1,730 --
        2011-- --
        2010-- --
        2009$2,109 --
        2008-- --
        2007$2,162 -39.4%--
        2006$3,569 +47.7%--
        2005$2,416 --
        2004-- --
        2002-- --
        2001$1,803 -2.3%$96,500
        2000$1,845 $96,500
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 98503

        Getting around

        5 / 100
        Car-Dependent
        27 / 100
        Some Transit
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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