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ActivePrice cut: $4K (8/25)
$675,000
2beds
1,842sqft

5612 Reef Lane NE, Lacey, WA 98516

2beds
1,842sqft
Single family residence
Built in 2021
5,000 sqft
2 Attached garage spaces
$366 price/sqft
$289/mo HOA

What's special

Designer finishesAdditional powder bathPeaceful territorial viewsRich wood flooringLuxurious primary suiteBeautifully landscaped rock gardenDramatic double-sided glass fireplace

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.

31 days
|
500
|
12
|
Source: NWMLS as distributed by MLS GRID,MLS#: 2560809MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Davina L. Clardy,

John L. Scott Dupont

Source: NWMLS as distributed by MLS GRID,MLS#: 2560809MLS Logo

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: $366/sqft
  • Tax assessed value: $627,400
  • Annual tax amount: $7,197
  • Date on market: 7/28/2026
  • Cumulative days on market: 32 days
  • 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

DateEventPrice
8/25/2026Price change$675,000-0.6%$366/sqft
Source: NWMLS as distributed by MLS GRID #2560809 Report a problem
7/29/2026Listed for sale$679,000+10.8%$369/sqft
Source: NWMLS as distributed by MLS GRID #2560809 Report a problem
12/29/2021Sold$612,610$333/sqft
Source: NWMLS as distributed by MLS GRID #1802862 Report a problem

Public tax history

YearProperty taxesTax assessment
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

Find assessor info on the county website

Monthly payment

Est. payment
$4,154/mo
Principal & interest
$3409
Property taxes
$456
HOA Fees
$289
More affordability toolsChevron Right

Estimated market value

$671,800

$638,000 - $705,000

$2,937/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 98516

Nearby schools

Olympic View Elementary School
Grades K-5 • 3.8 miles
7/10
GreatSchools® Rating
Test Score Rating
7/10
Student Progress Rating
6/10
Salish Middle School
Grades 6-8 • 2.2 miles
5/10
GreatSchools® Rating
Test Score Rating
5/10
Student Progress Rating
4/10
River Ridge High School
Grades 9-12 • 3.9 miles
4/10
GreatSchools® Rating
Test Score Rating
4/10
College Readiness Rating
4/10

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