5605 Reef Lane NE Olympia, WA $ 725,000
5605 Reef Lane NE
$ 725,000
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5605 Reef Lane NE

Olympia, WA, 98516
$ 725,000
Bedrooms3 Baths2.0 Sq 1,726

Monthly Estimate*

$ 4,464

Listed by Abbey Realty Inc
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Single Family Home for sale in Olympia, WA

for $725,000 with 3 bedrooms and 2 full baths. This 1,726 square foot home was built in 2021 on a lot size of 0.1233.

Retirement Done Right! Jubilee 2021 one-story loaded with $80k in recent upgrades delivers the lifestyle buyers move here for. No backyard neighbors. No future development behind you. Just a gorgeous forested greenbelt backdrop changing with the seasons while you enjoy all the perks of one of the South Sound's most desirable 55+ communities. Dark wood floors, custom California Closets systems, Hunter Douglas remote blinds & brand new bedroom carpeting create luxe living, while the kitchen is ready for everything from dinner parties to Costco hauls w/quartz island, newer fridge, gas range, pull-out storage & walk-in pantry. Clever split-bedroom design w/no shared walls between any bedrooms puts vaulted primary suite facing tree views, while 2 front bedrooms & full bath share separate guest wing. A double-sided fireplace steals the show, warming both the living room & covered patio. Add remote-controlled solar shade, included smoker, & you've gained a 2nd living room in nature. Discerning buyers will appreciate practical upgrades like central A/C, tankless hot water, $17k GENERAC whole-house generator, GE Profile pedestal laundry set, Kobalt workspace, sheds, tons of garage shelving & front yard care by HOA. All w/dream amenities: clubhouse, indoor pool, gym, tennis, ballroom events, miles of strolling trails, 2 nearby golf courses & 10 mins to Costco or coffee! Quick ride to downtown Olympia art scene & waterfront events. Lock-&-leave convenience meets resort-style PNW living!

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Single Family Active

Price

$ 725,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 6,664

Style

Traditional

Lot Size

0.1233

Year Built

2021

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2481116

Features
General
Living Area 1726
Sewer Sewer Connected
Heating Forced Air
Cooling Central Air Forced Air
Possession Closing
Roof Composition
Appliances Dishwasher Disposal Dryer Microwave Refrigerator Stove(s)/Range(s) Tankless Water Heater Washer
HOA Fee 305
Association Fee Includes Common Area Maintenance Lawn Service Road Maintenance See Remarks
Architectural Style Traditional
Security Features Fully Fenced
Year Built 2021
View Territorial
Topography Level
Levels One
Property Subtype Single Family Residence
Tax Year 2026
Community Features Age Restriction Athletic Court CCRs Club House Golf Park Playground Trail(s)
Building Name Woodland Cove
Assoc Fee Paid Per Monthly
County Thurston
New Construction N
Property Type Residential
HOA Y
Attached Garage Y
Subdivision Name Jubilee
Facing Direction East
Garage Y/N Y
Full Baths 1
Special Listing Conditions None
Status Active
Directions Take Exit 111 Head North on Marvin Rd. NE Turn right on 56th Ave. NE which becomes Waldron Dr. NE Turn left on Reef Lane First house on the left.
High School River Ridge High
City Olympia
Entry Location Main
Senior Community Y/N Y
High School District North Thurston
MLS Area 446 - Thurston Ne
Lot Size Units Square Feet
Lot Size Square Feet 5371
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Olympic View Elem
Land Lease Y/N N
Tax Annual Amount 6664
Middle/Junior High School Salish Middle
Property Condition Very Good
Public Remarks Retirement Done Right! Jubilee 2021 one-story loaded with $80k in recent upgrades delivers the lifestyle buyers move here for. No backyard neighbors. No future development behind you. Just a gorgeous
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company City of Lacey
Property Style 10 - 1 Story
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Interior
Interior Amenities Bath Off Primary Ceiling Fan(s) Dbl Pane/Storm Window Dining Room Fireplace Pantry Vaulted Ceiling(s) Walk-In Closet(s) Water Heater Wired for Generator
Basement None
Flooring Laminate Vinyl Carpet
Total Fireplaces 1
Fireplace Features Gas
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 0
3/4 Baths 1
Total Bedrooms 3
Main Level Bedrooms 3
Total Baths 2
Water Heater Type tankless-gas
Water Heater Location garage
Fireplaces Main 1
Power Production Type Electric Oil
Baths Three Quarter Garage 0
Baths Three Quarter Lower 0
Baths Three Quarter Main 1
Baths Three Quarter Upper 0
Bedrooms Lower 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Half Main 0
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 0
Baths Full Main 1
Baths Full Lower 0
Baths Full Garage 0
Bathrooms 1.75
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Exterior
Exterior Amenities Cement/Concrete Wood
Vegetation Garden Space
Parking Features Driveway Attached Garage
Lot Features Curbs Paved Sidewalk
Water Source Public
Total Parking 2
Inclusions Dishwasher(s) Dryer(s) Garbage Disposal Leased Equipment Microwave(s) Refrigerator(s) Stove(s)/Range(s) Washer(s)
Foundation Details Poured Concrete
Building Area Total 1726
Lot Dimensions 66x102x44x100
Lot Size Acres 0.1233
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Fully Gas Available High Speed Internet Patio Sprinkler System
Lot Number 1652
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Internal Only
OriginalMLSID NWM2481116
Street Number 1 5605
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* Excluded Features
List By
Jami R. Downing

Listing Agent

Abbey Realty Inc

Broker

Affordability Calculator

$5,019
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,464
Monthly Property Taxes
$555
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258271 Elementary School
1854461 Middle School
River Ridge High High School
Pricing History
DatePricePrice ChangeDescription
6/12/2026$725,000 Listed Price

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5605 Reef Lane NE, Olympia, WA, 98516 is a Single Family Home for sale at $725,000 with 1,726 sqft and a lot size of 0.1233. 5605 Reef Lane NE has 3 bedrooms, 2.0 baths, and was built in 2021. The property's zip code is 98516 which is in Olympia, WA