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  • Listed by: Blue Emerald Real Estate Co.
    Price cut: $90K (6/25)
    $1,600,000

    7240 Holmes Island Road SE, Lacey, WA 98503

    3beds
    4,787sqft
    : 
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    Single Family Residence
    Built in 1997
    0.55 Acres Lot
    $-- Zestimate®
    $334/sqft
    $-- HOA

    What's special

    Three fireplacesRv parkingSecond kitchenExercise roomGeothermal hvacPrivate dockBoat lift
    3+BR/3.5BA waterfront home on Long Lake in Lacey. 105 ft no-wake lakefront with dock and boat lift. Remodeled through 2025 with ADU. Now offered at $1,600,000, reduced from $1,690,000, this Long Lake waterfront home is an exceptional opportunity with 105 feet of bulk-head shoreline, a private dock, boat lift, boat and flexible living spaces. If you've been waiting for the right lakefront property, now is the time. Built in 1997 and updated through 2025, this 4,787 sq ft home features 3+ bedrooms, 3.5 baths, a chef's kitchen with quartz and granite surfaces, an AGA cookstove, open living areas with lake views, and a remodeled primary suite with heated floors and a soaking tub. The daylight basement offers a private entrance, second kitchen, and separate living area for guests or multi-generational living. Additional features include three fireplaces, a flex room, sauna, exercise room, geothermal HVAC, central A/C, wired generator capability, and a roof replaced around 2017-2018. Outside, enjoy a composite deck, terraced landscaping, stone bulkhead, private dock with boat and PWC lifts, a 3-bay garage, RV parking, public water, no HOA, and a one-year home warranty. Don't miss this rare opportunity to own one of Long Lake's premier waterfront homes at its newly reduced price.
    102 days
    |
    819
    |
    40
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Dale Flaten,

    Blue Emerald Real Estate Co.

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

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      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: $334/sqft
      • Tax assessed value: $1,225,800
      • Annual tax amount: $14,583
      • Date on market: 3/21/2026
      • Cumulative days on market: 99 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
        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.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 98503

          Getting around

          28 / 100
          Some Transit

          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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