5605 Reef Lane NE Olympia WA 98516 MLS #NWM2481116

5605 Reef Lane NE
Olympia, WA, 98516
$725,000
3 Beds
2 Baths
1,726 SqFt
0.12 Acres
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Listing Provided Courtesy of Abbey Realty Inc
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!

Property Details

Price:
$725,000
MLS #:
NWM2481116
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Jubilee
Neighborhood:
446thurstonne
Listed Date:
Jun 12, 2026
Finished Sq Ft:
1,726
Total Sq Ft:
1,726
Lot Size:
5,371 sqft / 0.12 acres (approx)
Year Built:
2021
TraditionalCommunity Club HouseCommunity 55 PlusWoodland Cove446 – Thurston Ne446thurstonneJubileeNorth ThurstonOlympic View ElemSalish MiddleRiver Ridge HighTerritorial

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Schools

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

Interior

Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Tankless Water Heater, Washer
Bathrooms
1 Full Bathroom, 1 Three Quarter Bathroom
Cooling
Central Air, Forced Air
Fireplaces Total
1
Flooring
Laminate, Vinyl, Carpet
Heating
Forced Air
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
Levels
One
Main Level Bathrooms
2
Main Level Bedrooms
3

Exterior

Architectural Style
Traditional
Attached Garage YN
1
Community
55+
Community Features
Age Restriction, Athletic Court, CCRs, Club House, Golf, Park, Playground, Trail(s)
Construction Materials
Cement, Wood
Covered Spaces
2
Direction Faces
East
Exterior Features
Cement/Concrete, Wood
Lot Features
Curbs, Paved, Sidewalk
Parking Features
Driveway, Attached Garage
Parking Spots
2
Parking Total
2
Roof
Composition
Security Features
Fully Fenced
Senior Community YN
1
View
Territorial

Financial

HOA Fee
$305
HOA Fee Frequency
Monthly
HOA Includes
Common Area Maintenance, Lawn Service, Road Maintenance, See Remarks
Tax Year
2026
Taxes
$6,664

Map

Community

Market Summary

Current real estate data for Single Family in Olympia as of Jun 12, 2026
663
Single Family Listed
62
Avg DOM
334
Avg $ / SqFt
$734,316
Avg List Price

Property Summary

    Located in the Jubilee subdivision, 5605 Reef Lane NE Olympia WA is a Single Family for sale in Olympia, WA, 98516. It is listed for $725,000 and features 3 beds, 2 baths, and has approximately 1,726 square feet of living space, and was originally constructed in 2021. The current price per square foot is $420. The average price per square foot for Single Family listings in Olympia is $334. The average listing price for Single Family in Olympia is $734,316. To schedule a showing of MLS#nwm2481116 at 5605 Reef Lane NE in Olympia, WA, contact your Best in the West agent at 206-351-5550.

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