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  • Listed by: Redfin • Rhonda C Olnick
    Bought with: RE/MAX Northwest
    $540,000

    4952 Cypress Drive NE, Lacey, WA 98516

    2beds
    1,599sqft
    Single Family Residence
    Built in 2008
    4,887 Square Feet Lot
    $531,900 Zestimate®
    $338/sqft
    $2,931 Estimated rent

    Home value

    $531,900

    $495,000 - $569,000

    $2,931/mo

    Zestimate® history
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    What's special

    Thoughtful finishes throughoutGenerous second bedroomSide entryAbundant natural lightSpacious primary suiteWalk-in closetDouble vanity
    Welcome home—ideally located steps to tennis courts. This charming property features attractive stone accents, a side entry, and a spacious living and dining room combination perfect for entertaining. The main windows run along the west-southwest side of the home, bathing the living room, dining area, and kitchen in abundant natural light. A spacious, light-filled sunroom sits just off the kitchen, which features Silestone countertops, maple cabinetry, pantry, gas range, refrigerator, and dishwasher. The spacious primary suite offers a walk-in closet and a beautifully tiled shower with ledge, along with a double vanity. Generous second bedroom provides versatility for guests or a home office. The inviting living area includes a large TV niche and a stone fireplace with mantle. Step outside to the covered deck with railing—perfect for year-round enjoyment. The property is fully fenced and includes HVAC, underground sprinklers, and thoughtful finishes throughout. Recent maintenance provides added peace of mind, including furnace and heat pump maintenance completed on 1/12/2026 and crawl space inspection and maintenance on 1/26. The home is also equipped with a Noritz EZ Series Pro tankless gas water heater installed on 8/25. The home was freshly painted just two years ago. A newer HVAC system, installed 7 years ago, has been consistently and professionally maintained. Be sure to stop in at the lodge and see why Jubilee is unlike any other community in Thurston County.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rhonda C Olnick,

    Redfin

    Bought with:

    Jackie Ashley, 116957

    RE/MAX Northwest

    Source: NWMLS as distributed by MLS GRID,MLS#: 2469879MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Main
    Bathroom three quarter
    • Level: Main
    Entry hall
    • Level: Main
    Kitchen with eating space
    • Level: Main
    Living room
    • Level: Main
    Utility room
    • Level: Main
    Heating
    • Fireplace, Forced Air, Heat Pump, Electric, Natural Gas
    Cooling
    • Heat Pump
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Washer(s), Water Heater: Tankless Gas, Water Heater Location: Garage
    Features
    • Bath Off Primary, Ceiling Fan(s), Dining Room, High Tech Cabling
    • Flooring: Ceramic Tile, Vinyl, Carpet
    • Windows: Dbl Pane/Storm Window
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Gas, Main Level: 1, Fireplace
    Interior area
    • Total structure area: 1,599
    • Total interior livable area: 1,599 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Garage
    • Has attached garage: Yes
    • Covered spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main
    • Patio & porch: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, High Tech Cabling, Security System, Walk-In Closet(s), Water Heater
    • Pool features: Community
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 4,887 Square Feet
    • Dimensions: 54 x 101 x 41 x 102
    • Features: Curbs, Paved, Sidewalk, Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet, Sprinkler System
    • Topography: Level
    • Residential vegetation: Garden Space
    Details
    • Parcel number: 52930110700
    • Zoning: Residential
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard
    • Other equipment: Leased Equipment: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: 1 Story
    • Property subtype: Single Family Residence
    Materials
    • Cement Planked, Stone, Cement Plank
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Very Good
    • Year built: 2008
    • Major remodel year: 2008
    Details
    • Builder name: Jenamar

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Sewer Connected, Company: City of Lacey
    • Water: Public, Company: City of Lacey
    • Utilities for property: Comcast, Comcast

    Community & HOA

    Community
    • Features: Age Restriction, Athletic Court, CCRs, Clubhouse, Park, Playground, Trail(s)
    • Security: Security System
    • Senior community: Yes
    • Subdivision: Jubilee
    HOA
    • Services included: Common Area Maintenance, Maintenance Grounds
    • HOA fee: $289 monthly
    • HOA phone: 360-923-1584
    Location
    • Region: Lacey

    Financial & listing details

    • Price per square foot: $338/sqft
    • Tax assessed value: $559,800
    • Annual tax amount: $5,815
    • Date on market: 3/26/2026
    • Cumulative days on market: 118 days
    • Listing terms: Assumable,Conventional,FHA,VA Loan
    • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Leased Equipment, Refrigerator(s), Stove(s)/Range(s), Washer(s)

    Price history

    DateEventPrice
    3/17/2026Sold$540,000-3.6%$338/sqft
    Source: NWMLS as distributed by MLS GRID #2469879 Report a problem
    2/25/2026Pending sale$560,000$350/sqft
    Source: NWMLS as distributed by MLS GRID #2469879 Report a problem
    2/20/2026Listed for sale$560,000+70.6%$350/sqft
    Source: NWMLS as distributed by MLS GRID #2469879 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    1/26/2017Sold$328,219-0.2%$205/sqft
    Source: Public Record Report a problem
    1/25/2017Listed for sale$329,000$206/sqft
    Source: Owner Report a problem
    1/16/2017Pending sale$329,000$206/sqft
    Source: Owner Report a problem
    1/6/2017Price change$329,000+2.5%$206/sqft
    Source: Owner Report a problem
    12/17/2016Price change$321,000+1.9%$201/sqft
    Source: Owner Report a problem
    12/2/2016Price change$315,000-6%$197/sqft
    Source: Owner Report a problem
    11/7/2016Listed for sale$335,000-6.5%$210/sqft
    Source: RE/MAX PROFESSIONALS #1047707 Report a problem
    1/2/2008Sold$358,260$224/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,815 +8.8%$559,800 +0.1%
    2023$5,344 +7.4%$559,100 +6.9%
    2022$4,976 -14.1%$522,900 +5%
    2021$5,793 +10.8%$498,200 +19%
    2020$5,228 +18.5%$418,800 +3.4%
    2019$4,414 -9.1%$405,200 +0.3%
    2018$4,857 +20.5%$403,900 +20.8%
    2017$4,030 $334,450 +3.6%
    2016$4,030 $322,750 +4.6%
    2014$4,030 $308,550 +7.3%
    2013-- $287,550
    2012$3,354 --
    2011-- --
    2010-- --
    2009$3,056 --
    2008-- --
    2007$942 --
    Find assessor info on the county website

    Neighborhood: 98516

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Olympic View Elem
    • Middle: Salish Middle
    • High: River Ridge High

    Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $531,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $531,900