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  • Listed by: Blue Emerald Real Estate Co. • Dale Flaten
    Price cut: $40K (7/12)
    $1,550,000

    7240 Holmes Island Road SE, Lacey, WA 98503

    3beds
    4,787sqft
    : 
    $9,183/mo
    Get pre-qualified
    Single Family Residence
    Built in 1997
    0.55 Acres Lot
    $-- Zestimate®
    $324/sqft
    $-- HOA

    What's special

    Three fireplacesRv parkingLong lake waterfront homeExercise roomGeothermal hvacPrivate dockBoat lift
    New Price! Seller offering a $50,000 credit toward closing costs, prepaids, an interest rate buy-down, home updates, or a price adjustment. Long Lake waterfront home in Lacey with 105 feet of no-wake shoreline, a private dock, boat lift, and flexible living spaces for possible multi-generational living - ADU or short term rental. Built in 1997 and updated through 2026, this 4,787 sq ft home offers 3+ bedrooms, 3.5 baths, two kitchens, open living areas with lake views, and a remodeled primary suite with heated floors, roll in no-lip shower, soaking tub & motion sensored nithtime lighting. The daylight basement features a private entrance, second kitchen, separate living area, and lower-level washer and dryer, while a new main-floor washer and dryer hookup has been added. Additional features include three fireplaces, a flex room/bedroom, sauna, exercise room, geothermal HVAC, wired for EV & generator capability, The 50year roof was installed around 2017-18'. Outside, enjoy a composite deck, terraced landscaping, a stone bulkhead, private dock with boat and PWC lifts, 3-bay garage, RV parking, public water, no HOA, and a one-year home warranty.
    149 days
    |
    1,075
    |
    70
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Dale Flaten,

    Blue Emerald Real Estate Co.

    Source: NWMLS as distributed by MLS GRID,MLS#: 2493736MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Primary bedroom
      • Description: Primary Bedroom
      • Level: Main
      Bedroom
      • Description: Bedroom 2
      • Level: Second
      Bedroom
      • Description: Bedroom 3
      • Level: Second
      Bathroom full
      • Description: Primary 5pc Bathroom
      • Level: Main
      Bathroom full
      • Level: Lower
      Bathroom full
      • Level: Second
      Other
      • Level: Main
      Other
      • Description: Flex room
      • Level: Lower
      Bonus room
      • Level: Lower
      Den office
      • Level: Lower
      Den office
      • Level: Main
      Dining room
      • Level: Main
      Entry hall
      • Level: Main
      Family room
      • Level: Lower
      Kitchen with eating space
      • Level: Main
      Living room
      • Level: Main
      Rec room
      • Description: Exercise room
      • Level: Lower
      Other
      • Level: Lower
      Utility room
      • Description: Mechanical room
      • Level: Lower
      Heating
      • Fireplace, Forced Air, High Efficiency (Unspecified), Recirculation Pump, Electric, Geothermal, Natural Gas
      Cooling
      • Forced Air, High Efficiency (Unspecified)
      Appliances
      • Included: Dishwasher, Microwave, Refrigerator, Stove(s)/Range(s), Dishwasher(s), Microwave(s), Refrigerator(s), Water Heater: Electric, Water Heater Location: Mechanical room
      Features
      • Bath Off Primary, Central Vacuum, Ceiling Fan(s), Dining Room, Sauna
      • Flooring: Ceramic Tile, Hardwood, Carpet
      • Doors: French Doors
      • Windows: Dbl Pane/Storm Window, Skylight(s)
      • Basement: Daylight,Finished
      • Number of fireplaces: 3
      • Fireplace features: Gas, Lower Level: 1, Main Level: 2, Fireplace
      Interior area
      • Total structure area: 4,787
      • Total interior livable area: 4,787 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Driveway, Attached Garage, Off Street, RV Parking
      • Has attached garage: Yes
      • Covered spaces: 3
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Main
      • Patio & porch: Second Kitchen, Bath Off Primary, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Fireplace (Primary Bedroom), French Doors, Sauna, Security System, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wired for Generator
      • Has view: Yes
      • View description: Lake, Territorial
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Bulkhead, Lake
      • Frontage length: Waterfront Ft: 105 ft
      Lot
      • Size: 0.55 Acres
      • Dimensions: 88'W x 260'Deep
      • Features: Paved, Cable TV, Dock, Dog Run, Fenced-Partially, Gas Available, High Speed Internet, Patio, Rooftop Deck, RV Parking, Sprinkler System
      • Topography: Level,Partial Slope,Sloped,Terraces
      • Residential vegetation: Garden Space
      Details
      • Parcel number: 11822431700
      • Zoning: LD - Lake
      • Zoning description: Jurisdiction: County
      • Special conditions: Standard
      • Other equipment: Wired for Generator

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary,2 Stories w/Bsmnt
      • Property subtype: Single Family Residence
      Materials
      • Cement Planked, Wood Siding, Wood Products, Cement Plank
      • Foundation: Poured Concrete
      • Roof: Composition
      Condition
      • Very Good
      • Year built: 1997
      • Major remodel year: 1997

      Utilities & green energy

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

      Community & HOA

      Community
      • Security: Security System
      • Subdivision: Long Lake West
      Location
      • Region: Olympia

      Financial & listing details

      • Price per square foot: $324/sqft
      • Tax assessed value: $1,225,800
      • Annual tax amount: $14,583
      • Date on market: 3/20/2026
      • Cumulative days on market: 147 days
      • Listing terms: Conventional,VA Loan
      • Inclusions: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/12/2026Price change$1,550,000-2.5%$324/sqft
        Source: NWMLS as distributed by MLS GRID #2493736 Report a problem
        7/1/2026Price change$1,590,000-0.6%$332/sqft
        Source: NWMLS as distributed by MLS GRID #2493736 Report a problem
        6/25/2026Price change$1,600,000-5.3%$334/sqft
        Source: NWMLS as distributed by MLS GRID #2493736 Report a problem
        5/20/2026Listed for sale$1,690,000$353/sqft
        Source: NWMLS as distributed by MLS GRID #2493736 Report a problem
        5/17/2026Pending sale$1,690,000$353/sqft
        Source: NWMLS as distributed by MLS GRID #2493736 Report a problem
        4/4/2026Price change$1,690,000-3.4%$353/sqft
        Source: NWMLS as distributed by MLS GRID #2493736 Report a problem
        3/17/2026Listed for sale$1,750,000+133.3%$366/sqft
        Source: NWMLS as distributed by MLS GRID #2493736 Report a problem
        11/3/2009Sold$750,000-40%$157/sqft
        Source: NWMLS as distributed by MLS GRID #28085236 Report a problem
        5/23/2008Listing removed$1,250,000$261/sqft
        Source: Lakehouse.com #27160166 Report a problem
        5/23/2008Price change$1,250,000+6%$261/sqft
        Source: Lakehouse.com #27160166 Report a problem
        2/2/2008Price change$1,179,000-5.7%$246/sqft
        Source: Lakehouse.com #27160166 Report a problem
        11/26/2007Listed for sale$1,250,000+131.5%$261/sqft
        Source: Lakehouse.com #27160166 Report a problem
        4/27/2001Sold$540,000$113/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$13,333 +13.3%$1,225,800 +4.7%
        2023$11,767 -3%$1,170,900 -2.4%
        2022$12,133 -2.1%$1,200,100 +18.1%
        2021$12,395 +15.3%$1,016,500 +24.3%
        2020$10,752 +24.2%$817,700 +7.3%
        2019$8,657 -10.2%$762,400 +2.6%
        2018$9,641 +16.3%$742,900 +13.3%
        2017$8,292 $655,900 +6.3%
        2016$8,292 $616,750 +4%
        2014$8,292 $593,250 +2.5%
        2013-- $579,050
        2012$6,740 --
        2011-- --
        2010-- --
        2009$7,128 --
        2008-- --
        2007$7,544 -30.1%--
        2006$10,799 +47.4%--
        2005$7,329 --
        2004-- --
        2002-- --
        2001$6,619 -1.9%$398,500
        2000$6,747 $398,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 98503

        Getting around

        2 / 100
        Car-Dependent
        28 / 100
        Some Transit
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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