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New
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$1,350,000

For Sale

3 days ago

8623 Steilacoom Rd Se, Lacey, WA

House

MLS® 2543215

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Land
Size -
Garage Yes
Taxes $5,642
Days Active 3
Lot Size 1.28 Acres
Approx. Age 
MLS® Number 2543215

Property Address: 8623 Steilacoom Rd Se, Lacey, WA, 98513-1739

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number2543215
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
Basement
DrivewayGarage
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 19, 2026List Date
$1,350,000List Price
-End Date
Not Sold YetSold Price

For Sale

Jun 19, 2026List Date
$1,350,000List Price
  • Commute

Commute

Starting Address
Destination Address
8623 Steilacoom Rd Se, Lacey, WA

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