5612 Reef Lane NE, Lacey, WA 98516
What's special
SELLER FINANCING IS AVAILABLE! Better than new, this stunning Woodland Cove home blends modern luxury with thoughtful design in Jubilee’s newest neighborhood. Built in 2021, this private enclave is surrounded by nature with peaceful territorial views, creating a tranquil retreat yet still convenient to the clubhouse, golf course, sports courts, trails, and all the amenities of Jubilee’s premier 55+ lifestyle. Inside, you’ll find rich wood flooring, designer finishes, quartz countertops, soft-close cabinetry, built-in ovens, abundant storage, and a massive island that anchors the gourmet kitchen. The dramatic double-sided glass fireplace creates a seamless connection between the living space and the large covered patio, perfect for year-round indoor/outdoor living. The thoughtfully designed floor plan features 2 bedrooms plus a private office with dual French doors, a luxurious primary suite and a mini-guest suite with / full bath, plus an additional powder bath. The oversized laundry room with utility sink and extra cabinetry, beautifully landscaped rock garden, fully fenced yard and heat pump providing heating/cooling complete this exceptional home. Experience comfort, elegance, and carefree living in one of Jubilee’s finest locations.
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- on Zillow
- 178
- views
- 8
- saves
Travel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Davina L. Clardy 253-377-9440 davinaclardy@johnlscott.com,
John L. Scott Dupont
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Other
- Level: Main
Den office
- Level: Main
Dining room
- 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
- Forced Air, Heat Pump
Appliances
- Included: Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s)
Features
- Bath Off Primary, Ceiling Fan(s), Dining Room
- Flooring: Ceramic Tile, Engineered Hardwood, Carpet
- Doors: French Doors
- Windows: Dbl Pane/Storm Window
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Electric, Gas, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,842
- Total interior livable area: 1,842 sqft
Video & virtual tour
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, French Doors, Walk-In Closet(s)
- Has view: Yes
- View description: Territorial
Lot
- Size: 5,000 Square Feet
- Features: Curbs, Paved, Cable TV, Fenced-Fully, Gas Available, High Speed Internet, Patio, Sprinkler System
- Topography: Level
Details
- Parcel number: 52930165900
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Brick, Cement Planked, Cement Plank
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 2021
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Sewer Connected, Company: City of Lacey
- Water: Public, Company: City of Lacey
- Utilities for property: Xfinity
Community & HOA
Community
- Features: Age Restriction, Athletic Court, CCRs, Clubhouse, Golf, Park, Trail(s)
- Senior community: Yes
- Subdivision: Jubilee
HOA
- Services included: Maintenance Grounds, Road Maintenance
- HOA fee: $289 monthly
- HOA phone: 360-923-1584
Location
- Region: Lacey
Financial & listing details
- Price per square foot: $358/sqft
- Tax assessed value: $694,500
- Annual tax amount: $7,197
- Date on market: 7/29/2026
- Listing terms: Conventional,VA Loan
- Inclusions: Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Price change | $660,000-2.2%$358/sqft |
Source: | ||
| 8/25/2026 | Price change | $675,000-0.6%$366/sqft |
Source: | ||
| 7/29/2026 | Listed for sale | $679,000+10.8%$369/sqft |
Source: | ||
| 12/29/2021 | Sold | $612,610$333/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,197 +10.4% | $694,500 +10.7% |
| 2024 | $6,516 +11.6% | $627,400 +2.7% |
| 2023 | $5,839 +2.7% | $610,900 +2.2% |
| 2022 | $5,686 +208.8% | $597,700 +278.8% |
| 2021 | $1,841 +54.2% | $157,800 +65.9% |
| 2020 | $1,194 | $95,100 |
Monthly payment
Estimated market value
$658,500
$626,000 - $691,000
$2,915/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.