1503 Milbanke Drive SE Olympia, WA $ 565,000
1503 Milbanke Drive SE
$ 565,000
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1503 Milbanke Drive SE

Olympia, WA, 98513
$ 565,000
Bedrooms4 Baths2.1 Sq 2,136

Monthly Estimate*

$ 3,902

Listed by Kathy Cross Reece, Imagine Real Estate, 360-951-1360, kathy@kathycross.com
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Single Family Home for sale in Olympia, WA

for $565,000 with 4 bedrooms and 2 full baths, 1 half bath. This 2,136 square foot home was built in 2000 on a lot size of 0.1659.

New windows. New patio door. A fresh reason to fall in love with Madrona Park. This beautifully refreshed 4-bedroom, 2.5-bath home pairs 2,136 sqft of inviting living space with an impressive list of updates: a one-year-old roof, new main-level luxury vinyl flooring, new carpet upstairs and on the stairs, fresh interior and exterior paint, and new rear decking. From morning coffee on the covered front porch to dinner on the expansive rear deck overlooking the terraced lawn, there's room to enjoy every part of your day. Bay windows brighten the formal living and dining areas, while a separate family room with a gas fireplace sets the scene for relaxed evenings and lively gatherings. The kitchen features a new stainless-steel sink and a backyard-facing window that keeps the view part of your daily routine. Upstairs, four generously sized bedrooms offer flexibility for guests, work or hobbies, with an exceptionally spacious primary suite, private ensuite bath and room to create your own quiet retreat. A two-car attached garage adds everyday convenience. Nearby parks, athletic facilities and shopping, plus I-5 access toward JBLM, keep recreation and essentials within reach. With major updates already completed, this home brings space, comfort and a fresh start together.Come for the updates; picture your future in the spaces that make this home stand out. Stretch out, host the holidays, and savor everyday moments in a home with room to gather and space to recharge. Easy I-5 access

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Single Family Active

Price

$ 565,000

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 4,933

Style

2 Story

Lot Size

0.1659

Year Built

2000

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2589413

Features
General
Living Area 2136
Sewer Sewer Connected STEP Sewer
Heating Forced Air
Cooling Forced Air
Possession Closing
Roof Composition
Appliances Dishwasher Microwave Refrigerator Stove(s)/Range(s)
HOA Fee 165
Security Features Partially Fenced
Year Built 2000
Topography Level Partial Slope
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Community Features CCRs Playground
Building Name Madrona Park Div 2
Assoc Fee Paid Per Semi-Annually
County Thurston
New Construction N
Property Type Residential
HOA Y
Attached Garage Y
Subdivision Name Madrona Park
Garage Y/N Y
Full Baths 2
Special Listing Conditions None
Status Active
Directions Pacific Ave (HWY510) to Madrona Park right on Milbanke to home on left
High School River Ridge High
City Olympia
Entry Location Main
Senior Community Y/N N
High School District North Thurston
MLS Area 451 - Hawks Prairie
Lot Size Units Square Feet
Lot Size Square Feet 7227
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Meadows Elem
Land Lease Y/N N
Tax Annual Amount 4933
Middle/Junior High School Nisqually Mid
Property Condition Very Good
Public Remarks New windows. New patio door. A fresh reason to fall in love with Madrona Park. This beautifully refreshed 4-bedroom 2.5-bath home pairs 2 136 sqft of inviting living space with an impressive list of
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company City of Lacey
Property Style 12 - 2 Story
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Interior
Interior Amenities Bath Off Primary Ceiling Fan(s) Dbl Pane/Storm Window Fireplace Walk-In Closet(s) Water Heater
Basement None
Flooring Ceramic Tile Vinyl Vinyl Plank Carpet
Total Fireplaces 1
Fireplace Features Gas
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 1
3/4 Baths 0
Total Bedrooms 4
Main Level Bedrooms 0
Total Baths 3
Water Heater Type Gas
Water Heater Location Garage
Fireplaces Main 1
Power Production Type Electric Natural Gas
Baths Three Quarter Garage 0
Baths Three Quarter Lower 0
Baths Three Quarter Main 0
Baths Three Quarter Upper 0
Bedrooms Lower 0
Bedrooms Upper 4
Baths Half Upper 0
Baths Half Main 1
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 2
Baths Full Main 0
Baths Full Lower 0
Baths Full Garage 0
Bathrooms 2.5
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Exterior
Exterior Amenities Wood Wood Products
Vegetation Fruit Trees Garden Space
Parking Features Driveway Attached Garage Off Street
Lot Features Curbs Paved Sidewalk
Water Source Public
Total Parking 2
Inclusions Dishwasher(s) Microwave(s) Refrigerator(s) Stove(s)/Range(s)
Foundation Details Poured Concrete
Building Area Total 2136
Lot Size Acres 0.1659
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Fenced-Partially
Lot Number 203
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Internal Only
OriginalMLSID NWM2589413
Street Number 1 1503
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* Excluded Features
List By
Kathy Cross Reece

Listing Agent

Imagine Real Estate

Broker

kathy@kathycross.com

Email

Affordability Calculator

$4,313
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,902
Monthly Property Taxes
$411
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
257345 Elementary School
256903 Middle School
River Ridge High High School
Pricing History
DatePricePrice ChangeDescription
9/30/2026$565,000 Listed Price

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1503 Milbanke Drive SE, Olympia, WA, 98513 is a Single Family Home for sale at $565,000 with 2,136 sqft and a lot size of 0.1659. 1503 Milbanke Drive SE has 4 bedrooms, 2.1 baths, and was built in 2000. The property's zip code is 98513 which is in Olympia, WA