$625,000
Reduced $100,000 — was $725,000
5605 Reef Lane
Olympia, WA 98516
Beds
3
Baths
2
Sq Ft
1,726
Lot
0.12 ac
Year built
2021
Type
Residential
Days listed
77
MLS #
2481116
About this home
5.875% VA Assumable Loan Avail-Call for info. Retirement Done Right! Jubilee 2021 1-story loaded w/$80k in recent upgrades delivers lifestyle buyers move here for. No backyard neighbors-No future development behind you. Just a gorgeous forested greenbelt backdrop changing w/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 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 Oly's art scene & waterfront. Lock-&-leave convenience meets resort-style PNW living!
Interior features
Exterior features
Appliances
Schools
Elementary
Olympic View Elem
Middle
Salish Middle
High
River Ridge High
Property details
- Heating
- Forced Air
- Cooling
- Central Air, Forced Air
- Flooring
- Laminate, Vinyl, Carpet
- Parking
- Driveway, Attached Garage
- View
- Territorial
- Lot
- Curbs, Paved, Sidewalk
- Water source
- Public
- Sewer
- Sewer Connected
- Style
- Traditional
- Levels
- One
- Fireplaces
- 1
Costs
- Price / sq ft
- $362
- Annual taxes
- $6,664 (2026)
- HOA dues
- $305 / monthly
Estimate your monthly payment
$4,021/mo
- Principal & interest
- $3,160
- Property taxes
- $555
- HOA dues
- $305
Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.
Location
Olympia, WA 98516
Approximate location. Contact us to confirm the exact address.
Listing courtesy of Abbey Realty Inc— Jami R. Downing.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.
Interested in this home?
Request a private tour or ask a question — a local agent will respond personally.