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$565,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,136 Sq. Ft.
  • Updated 8 days ago

Next open house:

Open House: 11:00 AM - 12:00 PM

Saturday 10/10 11:00 AM - 12:00 PM

1503 Milbanke Drive SE,Olympia, WA 98513

1503 Milbanke Drive SEOlympiaWA98513

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Listed by Kathy Cross Reece | Imagine Real Estate | (360) 528-8688

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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

Full Property Details for 1503 Milbanke Dr SE

General

  • Price: $565,000
  • HOA FEE: $28/month
  • HOA FEE FREQ.: Semi-Annually
  • Taxes: $4,933 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2589413
  • Updated: 9/30/2026
  • Added to Site: 10 day(s) ago

Interior

  • Interior Features: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Fireplace, Walk-In Closet(s), Water Heater
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas
  • Appliances: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Flooring: Ceramic Tile, Vinyl, Vinyl Plank, Carpet

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper - Full Baths: 2
  • Main Floor Baths: 1
  • Main - 1/2 Baths: 1

Bedrooms

  • Total Bedrooms: 4
  • Bedrooms Upper: 4

Additional Information

  • Amenities: Cable TV, Deck, Fenced-Partially
  • Security/Safety: Partially Fenced

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Covered Spaces: 2
  • Parking Features: Driveway, Attached Garage, Off Street

Location

  • Area: 451 - Hawks Prairie
  • County: Thurston
  • Subdivision: Madrona Park
  • Building Name: Madrona Park Div 2
  • Driving Directions: Pacific Ave (HWY510) to Madrona Park, right on Milbanke to home on left

School Information

  • High School District: North Thurston
  • Elementary School: Meadows Elem
  • Middle School: Nisqually Mid
  • High School: River Ridge High

Community

  • Association: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Forced Air
  • Heating Type: Forced Air
  • Water Heater: Gas

Utilities

  • Sewer: Sewer Connected, STEP Sewer
  • Water: Public

Structural Information

  • Structure Type: House
  • Exterior Const.: Wood, Wood Products
  • Basement Desc.: None
  • Foundation: Poured Concrete
  • Roof: Composition
  • Entry Location: Main
  • Square Feet: 2,136
  • Finished Total: 2,136 Sq. Ft.
  • Year Built: 2000
  • Property Condition: Very Good

Lot Features

  • Lot Size (Acres): 0.1659
  • Lot Size (Sq. Ft.): 7,227
  • Lot Size Source: Realist
  • Topography: Level, Partial Slope
  • Lot Features: Curbs, Paved, Sidewalk
  • Trees/Vegetation: Fruit Trees, Garden Space

Financial Considerations

  • Association Fee: $165
  • Assoc Fee Freq.: Semi-Annually
  • Tax Amount: $4,933
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Property ID: 60330020300
  • Lot Number: 203

Listed by Kathy Cross Reece | Imagine Real Estate | (360) 528-8688

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Schools serving 1503 Milbanke Dr SE

School District:North Thurston Public Schools
NameGradesDistance
Seven Oaks Elementary School
1800 Seven Oaks Dr SE, Lacey, WA 98503
K-51.2 mi
Nisqually Middle School
8100 Steilacoom Road Southeast, Lacey, WA 98503
6-81 mi
River Ridge High School
350 River Ridge Drive Southeast, Lacey, WA 98513
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1503 Milbanke Dr SE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/30/2026
Listed
$565,000
188.27%
MLS
12/30/2003
Sold
$196,000
—
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 1503 Milbanke Dr SE

Year
Property Taxes
Change
Tax Assessment
Change
2026
$5,044
2%
$477,100
2%
2025
$4,933
33%
$465,500
33%
2021
$3,711
-11%
$349,500
-17%
2023
$4,170
12%
$422,500
46%
2021
$3,711
8%
$288,900
5%
2020
$3,441
17%
$275,400
7%
2019
$2,930
-13%
$256,900
7%
2018
$3,352
10%
$239,800
6%
2017
$3,036
6%
$225,750
5%
2016
$2,865
5%
$214,600
8%
2015
$2,717
4%
$198,000
1%
2014
$2,621
—
$196,900
—
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.

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Listed by Kathy Cross Reece | Imagine Real Estate | (360) 528-8688

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1503 Milbanke Drive SE, Olympia, WA 98513 (MLS# 2589413) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 1503 Milbanke Drive SE is currently listed for $565,000 and was received on September 30, 2026. Want to learn more about 1503 Milbanke Drive SE? Do you have questions about finding other Single Family real estate for sale in Olympia? You can browse all Olympia real estate or contact a Coldwell Banker agent to request more information.

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