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$319,900
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Property Description
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
Full Property Details for 654 Malibu Dr SE
General
- Price: $319,900
- HOA FEE: $92/month
- Taxes: $2,679 (2025)
- Status: Active
- Type: Townhouse
- Source: NWMLS
- MLS ID: 2435504
- Updated: 11/6/2025
- Added to Site: 121 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 Out, 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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Schools
Schools serving 654 Malibu Dr SE
School District:North Thurston Public Schools
| Name | Grades | Distance |
|---|---|---|
Lacey Elementary School 1800 Homann Drive Southeast, Lacey, WA 98503 | K-5 | 1.1 mi |
Salish Middle School 8605 Campus Glen Drive Northeast, Lacey, WA 98516 | 6-8 | 3.2 mi |
North Thurston High School 600 Sleater Kinney Rd NE, Lacey, WA 98506 | 9-12 | 1.6 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
Date
Details
Price
Change
Source
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
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
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
—
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
Estimate the Cost for 654 Malibu Dr SE
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 $319,900 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 Central Lacey? You can browse all Central Lacey real estate or contact a Coldwell Banker agent to request more information.

