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$199,000
2554041 MLS ⋅ ACTIVE Status
Discover your own private retreat on more than 3 wooded acres in Olympia. Woodland Creek meanders through the property, creating a beautiful natural setting filled with the peaceful sights and sounds of the Pacific Northwest. Serene, secluded, and surrounded by mature trees, this special parcel offers a wonderful opportunity to create your vision in a truly tranquil setting. Enjoy privacy, natural beauty, and the feeling of being away from it all while remaining close to Olympia amenities. Buyer to verify all development possibilities.

2100 Mark Street NE, Lacey

Listing courtesy of Century 21 Blue Chip.

$225,000
2548088 MLS ⋅ ACTIVE Status
Prime Development Opportunity – Vacant Land with V(U)C Zoning This outstanding vacant parcel offers excellent flexibility and investment potential. Zoned V(U)C (Village Urban Center), it supports a wide range of uses including residential (single family or multifamily), commercial, retail, office, and mixed-use development — giving you maximum versatility with fewer restrictions. Prime Central Location Perfectly situated with easy access to the Regional Athletic Center, major shopping, and daily amenities. Just minutes from I-5 and Joint Base Lewis-McChord (JBLM), the property is ideally positioned to serve both the local community and the large military population. High Traffic & Utilities Ready Enjoy strong daily traffic counts for excellent visibility and exposure. All utilities are on or near the property, making it essentially shovel-ready and helping reduce development time and costs. This centrally located, high-visibility site in a high-growth corridor is perfect for developers, investors, or business owners looking for a high-potential project with strong connectivity and demand.

1236 Marvin Road SE, Lacey

Listing courtesy of Abbey Realty Inc.

$110,000
2544204 MLS ⋅ ACTIVE Status
REDUCED PRICE! 12,733 SF lot zoned Woodland District and located within the Urban Neighborhood 2 – Pacific Avenue Subdistrict, one of Lacey's designated mixed-use redevelopment corridors. The zoning allows for a wide variety of commercial and residential uses, including retail, office, service businesses, multifamily housing, and mixed-use development. The property is accessed via an easement extending north from Pacific Avenue through the adjoining parking lot. There's also the planned extension of 10th Ave SE which will provide an additional access point and utility connection upon completion. Conveniently situated near Saint Martin's University on the northwestern side of Lacey, the property is surrounded by an established mix of shopping, dining, medical services, and other commercial amenities. I-5 is just minutes away and provides quick and convenient access throughout the South Sound region. The site features level topography with public utilities available in the street. With flexible Woodland District zoning, strong regional access, and a location within one of Lacey's targeted redevelopment corridors, this property presents an exceptional opportunity for investors, developers, and owner-users alike.

4468 Pacific Avenue SE, Lacey

Listing courtesy of Windermere Prof Partners.

$1,350,000
2543215 MLS ⋅ ACTIVE Status
Investor / Developer Opportunity – Approved 7-Lot Short Plat in Growing Lacey Market! Rare development opportunity on 1.28 acres with an existing duplex and enhanced short plat approval in place. Approved civil plans are available through the city, allowing the next owner to move forward with water and sewer extensions, sidewalks, and street tree improvements. The approved project creates a total of 7 separate lots, including:Conversion of the existing duplex into 2 townhouse lots, 5 additional single-family residential lots, 7 total buildable lotsWashington State's current housing regulations may allow up to 2 ADUs per lot (buyer to verify), creating the potential for 7 primary residences plus up to 14 ADUs for significant density and income potential.Conveniently located approximately 1.5 miles from I-5, with major retail amenities including Costco and Home Depot nearby. Situated in the rapidly growing city of Lacey, home to approximately 60,000 residents, this property offers an exceptional opportunity for builders, developers, and investors seeking a shovel-ready project in a high-demand market.

8623 Steilacoom Road SE, Lacey

Listing courtesy of eXp Realty.

$185,000
2539408 MLS ⋅ ACTIVE Status
Rare lakefront building lot in the city of Lacey! LD zoning gives you tons of options, single family home with ADU, duplex, triplex??? Sewer is in Carpenter RD, city water and power is in the street. Amazing location with Lake Lois park just two blocks away, easy I-5 access and close to shopping and schools.

6235 6th Avenue SE, Lacey

Listing courtesy of Virgil Adams Real Estate, Inc..

$505,000
2531449 MLS ⋅ ACTIVE Status
One-of-a-kind development opportunity in the heart of Lacey! This exceptionally rare property consists of a fully updated single family rental with water, sewer, and power stubbed to the back of the lot for a second building site, as well as a 7500+/- sqft vacant lot stubbed with water, sewer, and power that is build ready and approved for a 2500+/- sqft duplex. With 1 updated unit already rented and 2 other building sites (3 units total) only needing building plan approvals. A turnkey development opportunity like this is hard to find. Perfect location close to amenities and I-5 for convenient north/south travel. A home run investment for any investor or developer looking to expand their portfolio.

4808 4812 15th Avenue SE, Lacey

Listing courtesy of Olympic Sotheby's Int'l Realty.

$150,000
2531204 MLS ⋅ ACTIVE Status
Rare development opportunity in the heart of Lacey! This unique offering features a 7,500+/- sq. ft. vacant lot that is build-ready and approved for a 2,500+/- sq. ft. duplex. Water, sewer, and power are already stubbed to the property, helping streamline the development process and reduce upfront costs. With utilities in place, this is an outstanding opportunity for investors, builders, or developers looking for their next project. Ideally located close to shopping, dining, everyday amenities, and I-5 for easy north/south commuting. Development-ready properties like this are increasingly hard to find.

4812 15th Avenue SE, Lacey

Listing courtesy of Olympic Sotheby's Int'l Realty.

$387,000
2515269 MLS ⋅ ACTIVE Status
Discover a rare opportunity on the shores of highly sought-after Long Lake. With 86 feet of waterfront, this property offers the perfect setting to enjoy kayaking, swimming, and peaceful lakeside living right from your own backyard. A level yard leads to the shoreline, creating an inviting space to relax, entertain, and take in the serene lake views. The property includes a charming 240 sq ft cabin with a newer roof installed in 2016, along with access to a shared boathouse for added lake enjoyment. No HOA provides flexibility and freedom to make this property your own. Utilities are in place with water connected, electricity available on site, and a septic system installed (tank will need to be replaced). Whether you're looking to create a custom waterfront retreat, invest, or design your ideal getaway, this property offers a unique opportunity to bring your vision to life in a prime lakefront setting. Conveniently located near parks, shopping, and amenities while still offering a peaceful, nature-filled setting with frequent wildlife sightings.

3621 Walthew Drive SE, Lacey

Listing courtesy of Capitol Real Estate LLC.

$130,000
2459628 MLS ⋅ ACTIVE Status
Discover a great opportunity with this well-located land parcel at 6943 20th Ave. SE in Lacey, Washington. Situated within the Lacey UGA planning area, this property offers strong potential for res. Development in a growing and desirable community. The location provides convenient access to major roadways, local amenities, parks, schools and shopping making it an appealing setting for future homes. Surrounded by established neighborhoods and natural green spaces, the parcel aligns well with the area’s predominantly residential character. With steady demand throughout Thurston County and continued growth in the Lacey area, the property stands out as a valuable option for builders or investors! Ask about reports available!

6943 20th Avenue E, Lacey

Listing courtesy of John L. Scott Lacey.

$225,000
2378935 MLS ⋅ ACTIVE Status
Looking for duplex, triplex, or 4-plex land to build on? Has City of Lacey water and sewer at the property. Close-in property in City of Lacey with zoning of High Density Residential (see supplements). Buyer to check with the City of Lacey Building Department to confirm any and all zoning requirements. Walk to bus stop, stores, restaurants and services. City of Lacey bike/walking trail 2 blocks away.

1201 East Street SE, Lacey

Listing courtesy of Van Dorm Realty, Inc.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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