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$715,000 -$10,000 (-1.38%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,726 Sq. Ft.
  • Updated 6 days ago

Listed by Jami R. Downing | Abbey Realty Inc | (360) 459-0428

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Retirement Done Right! Jubilee 2021 one-story loaded with $80k in recent upgrades delivers the lifestyle buyers move here for. No backyard neighbors. No future development behind you. Just a gorgeous forested greenbelt backdrop changing with the seasons while you enjoy all the perks of one of the South Sound's most desirable 55+ communities. Dark wood floors, custom California Closets systems, Hunter Douglas remote blinds & brand new bedroom carpeting create luxe living, while the kitchen is ready for everything from dinner parties to Costco hauls w/quartz island, newer fridge, gas range, pull-out storage & walk-in pantry. Clever split-bedroom design w/no shared walls between any bedrooms puts vaulted primary suite facing tree views, while 2 front bedrooms & full bath share separate guest wing. A double-sided fireplace steals the show, warming both the living room & covered patio. Add remote-controlled solar shade, included smoker, & you've gained a 2nd living room in nature. Discerning buyers will appreciate practical upgrades like central A/C, tankless hot water, $17k GENERAC whole-house generator, GE Profile pedestal laundry set, Kobalt workspace, sheds, tons of garage shelving & front yard care by HOA. All w/dream amenities: clubhouse, indoor pool, gym, tennis, ballroom events, miles of strolling trails, 2 nearby golf courses & 10 mins to Costco or coffee! Quick ride to downtown Olympia art scene & waterfront events. Lock-&-leave convenience meets resort-style PNW living!

Full Property Details for 5605 Reef Lane Ne

General

  • Price: $715,000
  • HOA FEE: $305/month
  • Taxes: $6,664 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2481116
  • Updated: 6/30/2026
  • Added to Site: 25 day(s) ago

Interior

  • Interior Features: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wired for Generator
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas
  • Appliances: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Flooring: Laminate, Vinyl, Carpet

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 1
  • Main Floor Baths: 2
  • Main - 3/4 Baths: 1

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Main: 3

Additional Information

  • Amenities: Cable TV, Fenced-Fully, Gas Available, High Speed Internet, Patio, Sprinkler System
  • Security/Safety: Fully Fenced

Parking

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

Location

  • Area: 446 - Thurston Ne
  • County: Thurston
  • Subdivision: Jubilee
  • Building Name: Woodland Cove
  • Driving Directions: Take Exit 111, Head North on Marvin Rd. NE, Turn right on 56th Ave. NE which becomes Waldron Dr. NE, Turn left on Reef Lane, First house on the left.
  • Direction Faces: East

School Information

  • High School District: North Thurston
  • Elementary School: Olympic View Elem
  • Middle School: Salish Middle
  • High School: River Ridge High

Community

  • Association: Yes
  • Assoc. Fees Include: Common Area Maintenance, Lawn Service, Road Maintenance, See Remarks

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air, Forced Air
  • Heating Type: Forced Air
  • Water Heater: tankless-gas

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Architectural Style: Traditional
  • Structure Type: House
  • Exterior Const.: Cement/Concrete, Wood
  • Basement Desc.: None
  • Foundation: Poured Concrete
  • Roof: Composition
  • Entry Location: Main
  • Square Feet: 1,726
  • Finished Total: 1,726 Sq. Ft.
  • Year Built: 2021
  • Property Condition: Very Good

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.1233
  • Lot Size (Sq. Ft.): 5,371
  • Lot Size Source: Realist
  • Lot Dimensions: 66 x 102 x 44 x 100
  • Topography: Level
  • Lot Features: Curbs, Paved, Sidewalk
  • Trees/Vegetation: Garden Space

Financial Considerations

  • Association Fee: $305
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $6,664
  • Tax Year: 2026
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Leased Equipment, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Property ID: 52930165200
  • Lot Number: 1652

Listed by Jami R. Downing | Abbey Realty Inc | (360) 459-0428

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Schools serving 5605 Reef Lane Ne

School District:North Thurston Public Schools
NameGradesDistance
Olympic View Elementary School, Lacey, WA
1330 Horne Ave NE, Lacey, WA 98516
K-53.8 mi
Salish Middle School
8605 Campus Glen Drive Northeast, Lacey, WA 98516
6-82.2 mi
River Ridge High School
350 River Ridge Drive Southeast, Lacey, WA 98513
9-123.9 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 5605 Reef Lane Ne Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/30/2026
Price Reduced
$715,000
-1.38%
MLS
6/12/2026
Listed
$725,000
9.02%
MLS
9/26/2024
Sold
$665,000
—
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 5605 Reef Lane Ne

Year
Property Taxes
Change
Tax Assessment
Change
2026
$6,664
10%
$643,000
10%
2025
$6,054
348%
$582,800
22%
2021
$1,351
-74%
$477,300
-12%
2023
$5,172
283%
$543,500
405%
2021
$1,351
—
$107,700
—
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 Jami R. Downing | Abbey Realty Inc | (360) 459-0428

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5605 Reef Lane NE, Olympia, WA 98516 (MLS# 2481116) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 5605 Reef Lane NE is currently listed for $715,000 and was received on June 12, 2026. Want to learn more about 5605 Reef Lane NE? 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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