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$315,000 -$4,900 (-1.53%) Price Reduced

  • For Sale
  • Active
  • Townhouse
  • 2 Beds
  • 1 Full Bath
  • 968 Sq. Ft.
  • Updated 6 days ago

Listed by Megan Dickson | Elite Properties | (360) 464-5601

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See This Home
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Fantastic and unique townhouse in the perfect Lacey location. This home is full of character! With wood-beam ceilings on the main floor, a wood-burning fireplace, and an open-concept living space, you will feel immediately at home. The kitchen is complete with a breakfast bar, and all appliances stay. On the upper level, you will find two bedrooms and a full bath. Step outside to your own fenced-in space ready for you to relax or entertain. Enjoy the community amenities, nearby restaurants, and shopping!

Full Property Details for 654 Malibu Dr SE

General

  • Price: $315,000
  • HOA FEE: $92/month
  • Taxes: $2,679 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: NWMLS
  • MLS ID: 2435504
  • Updated: 2/26/2026
  • Added to Site: 168 day(s) ago

Interior

  • Interior Features: Bath Off Primary, Dining Room, Fireplace
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Wood Burning
  • Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), Washer(s)
  • Flooring: Laminate, Vinyl, Carpet

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper - Full Baths: 1

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Upper: 2

Additional Information

  • Amenities: Fenced-Partially, Patio
  • Security/Safety: Partially Fenced

Parking

  • Parking Features: Off Street

Location

  • Area: 451 - Hawks Prairie
  • County: Thurston
  • Subdivision: Lacey
  • Driving Directions: From Carpenter Rd SE, turn onto Malibu Rd SE, then left to stay on Malibu Rd SE. Take a right at the first parking area to the right.

School Information

  • High School District: North Thurston
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Community

  • Association: Yes
  • Assoc. Fees Include: Common Area Maintenance

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Townhouse
  • Exterior Const.: Wood Products
  • Basement Desc.: None
  • Foundation: Poured Concrete
  • Roof: Composition
  • Entry Location: Main
  • Square Feet: 968
  • Finished Total: 968 Sq. Ft.
  • Year Built: 1984

Lot Features

  • Lot Size (Acres): 0.022
  • Lot Size (Sq. Ft.): 960
  • Lot Size Source: Public Record
  • Topography: Level
  • Lot Features: Paved

Financial Considerations

  • Association Fee: $92
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $2,679.88
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Washer(s)
  • Property ID: 67870008300

Listed by Megan Dickson | Elite Properties | (360) 464-5601

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 654 Malibu Dr SE

School District:North Thurston Public Schools
NameGradesDistance
Lacey Elementary School
1800 Homann Drive Southeast, Lacey, WA 98503
K-51.1 mi
Salish Middle School
8605 Campus Glen Drive Northeast, Lacey, WA 98516
6-83.2 mi
North Thurston High School
600 Sleater Kinney Rd NE, Lacey, WA 98506
9-121.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 654 Malibu Dr SE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/26/2026
Price Reduced
$315,000
-1.53%
MLS
9/26/2025
Price Reduced
$319,900
-3.03%
MLS
9/18/2025
Listed
$329,900
8.16%
MLS
11/23/2021
Sold
$305,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 654 Malibu Dr SE

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,680
52%
$257,500
31%
2021
$1,764
-16%
$196,500
-11%
2023
$2,095
19%
$219,600
56%
2021
$1,764
16%
$140,800
12%
2020
$1,516
28%
$125,600
17%
2019
$1,183
-15%
$107,600
4%
2018
$1,390
17%
$103,300
11%
2017
$1,190
9%
$92,900
9%
2016
$1,090
6%
$85,500
10%
2015
$1,025
13%
$78,000
9%
2014
$909
—
$71,450
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 654 Malibu Dr SE

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Listed by Megan Dickson | Elite Properties | (360) 464-5601

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654 Malibu Dr SE, Lacey, WA 98503 (MLS# 2435504) is a Townhouse property with 2 bedrooms and 1 full bathroom. 654 Malibu Dr SE is currently listed for $315,000 and was received on September 18, 2025. Want to learn more about 654 Malibu Dr SE? Do you have questions about finding other Townhouse real estate for sale in Lacey? You can browse all Lacey real estate or contact a Coldwell Banker agent to request more information.

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