Welcome to this meticulously maintained, one-owner home tucked away in the desirable Woodland Cove area of Jubilee! This rare 3-bedroom home offers the perfect blend of comfort, privacy and resort-style living, all within walking distance of Tolmie State Park. The open-concept living space is light and inviting, ideal for everyday living and entertaining. Step outside to the covered patio with a cozy fireplace, creating a wonderful year-round outdoor retreat. The fully fenced yard offers added privacy with no neighbors behind, backing to a protected area for a natural setting. Enjoy all that Jubilee has to offer, including the Lodge with indoor swimming pool, exercise room, coffee bar and a full calendar of activities, plus tennis courts and private beach access. A special opportunity to own a beautifully cared-for 3-bedroom home in one of Jubilee's most sought-after settings, surrounded by nature, recreation and exceptional community amenities. Thoughtful pride of ownership is evident throughout this home, offering an easy-care lifestyle in a tranquil setting. The layout provides flexibility for guests, a home office or hobbies while still delivering the convenience of single-level living. Relax by the outdoor fireplace, enjoy the peaceful backdrop and take advantage of trails and shoreline at Tolmie State Park. Whether you're enjoying quiet mornings at home or connecting with neighbors at the Lodge, this home puts recreation, relaxation and community close at your doorstep.
Active
Listed by: Keller Williams South Sound • Gail Smith
Price cut: $20K (9/19)
$575,000
5613 Reef Lane NE, Olympia, WA 98516
3beds
1,692sqft
Single Family Residence
Built in 2022
5,000 Square Feet Lot
$574,600 Zestimate®
$340/sqft
$300/mo HOA
What's special
Convenience of single-level livingOpen-concept living spaceLight and invitingPeaceful backdropYear-round outdoor retreat
- --
- on Zillow
- 274
- views
- 22
- saves
Zillow last checked:
Listing updated:
Listed by:
Gail Smith,
Keller Williams South Sound
Source: NWMLS as distributed by MLS GRID,MLS#: 2574777
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Great room
- Level: Main
Kitchen with eating space
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, 90%+ High Efficiency, Heat Pump, Natural Gas
Cooling
- 90%+ High Efficiency
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater: Gas, Water Heater Location: Garage
Features
- Bath Off Primary, Dining Room, Pantry
- Flooring: Laminate
- Windows: Dbl Pane/Storm Window
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,692
- Total interior livable area: 1,692 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, Dbl Pane/Storm Window, Dining Room, Fireplace, Pantry, Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
- Has view: Yes
- View description: Territorial
Lot
- Size: 5,000 Square Feet
- Features: Curbs, Paved, Sidewalk, Cable TV, Fenced-Fully, Gas Available, High Speed Internet, Outdoor Fireplace, Patio, Sprinkler System
- Topography: Level
Details
- Parcel number: 52930165000
- Special conditions: Short Sale
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Cement Planked, Cement Plank
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Very Good
- Year built: 2022
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/Comcast, Xfinity/Comcast
Community & HOA
Community
- Features: Age Restriction, Athletic Court, CCRs, Clubhouse, Trail(s)
- Senior community: Yes
- Subdivision: Jubilee
HOA
- Services included: Common Area Maintenance, Maintenance Grounds, Road Maintenance
- HOA fee: $300 monthly
- HOA phone: 360-706-2029
Location
- Region: Lacey
Financial & listing details
- Price per square foot: $340/sqft
- Tax assessed value: $648,300
- Annual tax amount: $6,719
- Date on market: 8/27/2026
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$574,600
$546,000 - $603,000
$2,953/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2026 | Price change | $575,000-3.4%$340/sqft |
Source:  NWMLS as distributed by MLS GRID #2574777 Report a problem | ||
| 8/27/2026 | Listed for sale | $595,000-3.2%$352/sqft |
Source: NWMLS as distributed by MLS GRID #2574777 Report a problem | ||
| 8/8/2022 | Sold | $614,649+4.2%$363/sqft |
Source: NWMLS as distributed by MLS GRID #1883645 Report a problem | ||
| 2/5/2022 | Pending sale | $589,990$349/sqft |
Source: NWMLS as distributed by MLS GRID #1883645 Report a problem | ||
| 1/31/2022 | Listed for sale | $589,990$349/sqft |
Source: NWMLS as distributed by MLS GRID #1883645 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,719 +10% | $648,300 +10.2% |
| 2024 | $6,108 +11.3% | $588,100 +2.4% |
| 2023 | $5,489 +16.3% | $574,300 +15.8% |
| 2022 | $4,720 +320% | $496,000 +416.7% |
| 2021 | $1,124 -5.9% | $96,000 +0.9% |
| 2020 | $1,194 | $95,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98516
Similar homes
- $625,0003 bd2 ba1.7k sqftWoodland Cove, Olympia, WA 98516Active
MLS ID #2481116, Jami R. Downing. NWMLS as distributed by MLS GRID - $570,0002 bd2 ba1.7k sqftWhidbey Passage, Lacey, WA 98516Active
MLS ID #2537246, Josh Barnard. NWMLS as distributed by MLS GRID - $660,0002 bd3 ba1.8k sqft5612 Reef Lane NE, Lacey, WA 98516Active
MLS ID #2560809, Davina L. Clardy. NWMLS as distributed by MLS GRID - $549,9002 bd2 ba1.5k sqft4900 Cypress Drive NE, Lacey, WA 98516Active
MLS ID #2542255, Gail Smith. NWMLS as distributed by MLS GRID
