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8623 Steilacoom Road Se, Lacey, WA 98513

Lacey
Local realty services provided by:CENTURY 21 Real Estate Center
Listed by: chris gurnee, frank lopez
Office: exp realty
MLS#:2543215
Source:NWMLS
8623 Steilacoom Road Se,Lacey, WA 98513
$1,350,000
  • 1.28 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$1,350,000

About this home

Investor / Developer Opportunity – Approved 7-Lot Short Plat in Growing Lacey Market! Rare development opportunity on 1.28 acres with an existing duplex and enhanced short plat approval in place. Approved civil plans are available through the city, allowing the next owner to move forward with water and sewer extensions, sidewalks, and street tree improvements. The approved project creates a total of 7 separate lots, including:Conversion of the existing duplex into 2 townhouse lots, 5 additional single-family residential lots, 7 total buildable lotsWashington State's current housing regulations may allow up to 2 ADUs per lot (buyer to verify), creating the potential for 7 primary residences plus up to 14 ADUs for significant density and income potential.Conveniently located approximately 1.5 miles from I-5, with major retail amenities including Costco and Home Depot nearby. Situated in the rapidly growing city of Lacey, home to approximately 60,000 residents, this property offers an...

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Home facts

  • Listing ID #:2543215
  • Updated:June 20, 2026 at 12:31 AM

Structure and exterior

  • Lot area:1.28 Acres
  • Lot Features:Corner

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:In Street, Shared Well
  • Sewer:On Property

Finances and disclosures

  • Price:$1,350,000
  • Tax amount:$5,642 (2026)

Parking

  • Parking description:Garage
  • Garage:Yes
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of June 20, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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