Long Lake Luxury +Passive Income = Dream Waterfront Setup! Over 6500sqft & flex layouts to use as 1, 2 or 3 units. Airbnb with private entrance, stays furnished & grossed $25K last yr without summer bookings! Unit A has main floor primary 3BR + den, gym-ready basement and sauna. Unit B can stay whole or split again. All have waterproof luxury vinyl plank throughout, quartz counters, separate heatpumps, tankless H2O heaters & laundry. Outside, find gated entry, huge new driveway with room for guests & pickleball, 4-car garage, more covered parking, flat lawn, oversized patio, big deck, & yes, 2 docks + mooring whips! Minutes to I-5 & Costco, this one makes the math work with flexibility for your compound or small empire in the making!
Sold
Listed by: Abbey Realty Inc • Jami R. Downing
Bought with: Abbey Realty Inc
$1,650,000
7235 20th Avenue SE #A&B, Lacey, WA 98503
5beds
4baths
6,508sqft
Duplex, Multi Family
Built in 2015
-- sqft lot
$1,645,200 Zestimate®
$254/sqft
$2,579 Estimated rent
Home value
$1,645,200
$1.53M - $1.76M
$2,579/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Jami R. Downing,
Abbey Realty Inc
Bought with:
Jami R. Downing, 49938
Abbey Realty Inc
Source: NWMLS as distributed by MLS GRID,MLS#: 2503024
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Forced Air, Heat Pump, Electric, Natural Gas
Cooling
- Forced Air, Heat Pump
Appliances
- Included: Tankless Water Heater
Features
- Flooring: Ceramic Tile, Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 6,508
- Total interior livable area: 6,508 sqft
Property
Parking
- Total spaces: 20
- Parking features: RV Parking
- Garage spaces: 4
- Carport spaces: 2
- Covered spaces: 6
- Uncovered spaces: 15
Features
- Has spa: Yes
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake, No Bank
Lot
- Size: 1 Acres
- Dimensions: 39 x 40 x 45 x 441 x 99 x 372
- Features: Paved, Cable TV, Deck, Dock, Fenced-Partially, Gas Available, Gated Entry, High Speed Internet, Hot Tub/Spa, Patio, RV Parking, Sprinkler System
Details
- Parcel number: 11822410700
- Zoning description: Multi-Family,Jurisdiction: County
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Cement/Concrete, Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Very Good
- Year built: 2015
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: Septic
- Water: Public, Company: City of Lacey
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Subdivision: Long Lake West
Location
- Region: Olympia
Financial & listing details
- Price per square foot: $254/sqft
- Tax assessed value: $1,333,800
- Annual tax amount: $7,293
- Date on market: 4/6/2026
- Cumulative days on market: 107 days
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2026 | Sold | $1,650,000+1078.6%$254/sqft |
Source:  NWMLS as distributed by MLS GRID #2503024 Report a problem | ||
| 3/11/2011 | Sold | $140,000$22/sqft |
Source: NWMLS as distributed by MLS GRID #191003 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $14,584 +8.6% | $1,333,800 +0.1% |
| 2023 | $13,426 +35.3% | $1,332,500 +39.1% |
| 2022 | $9,924 -11.2% | $957,900 +6.2% |
| 2021 | $11,174 -5.5% | $901,700 +0.8% |
| 2020 | $11,821 +34.5% | $894,500 -1.9% |
| 2019 | $8,788 -13.3% | $911,900 +21.9% |
| 2018 | $10,139 +258.5% | $747,900 +11.4% |
| 2017 | $2,828 | $671,400 +24.7% |
| 2016 | $2,828 | $538,300 +205.9% |
| 2014 | $2,828 | $175,950 -1.1% |
| 2013 | -- | $177,900 |
| 2012 | $2,871 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $4,543 | -- |
| 2008 | -- | -- |
| 2007 | $4,308 -39.2% | -- |
| 2006 | $7,090 +69.8% | -- |
| 2005 | $4,176 | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
| 2001 | $3,097 -1.6% | $172,500 |
| 2000 | $3,148 | $172,500 |
Find assessor info on the county website
Neighborhood: 98503
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Nearby schools
GreatSchools rating
- 5/10Lacey Elementary SchoolGrades: K-5Distance: 0.9 mi
- 5/10Salish Middle SchoolGrades: 6-8Distance: 3.8 mi
- 7/10North Thurston High SchoolGrades: 9-12Distance: 2.8 mi
Schools provided by the listing agent
- Elementary: Lacey Elem
- Middle: Salish Middle
- High: North Thurston 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
$1,645,200
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,645,200
- Washington
- Thurston County
- Lacey
- 98503
- 7235 20th Avenue SE Unit A&B
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