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Listed by:eXp Realty • Chris Gurnee
$ 1,350,000
Est. payment | /mo
1.28 Acres Lot
$ 1,350,000
Est. payment | /mo
1.28 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Lacey
MLS Listing ID 2543215
Style 41 - Res-Over 1 Acre
Annual Tax Amount $5,642
Lot Size 1.280 Acres
Property Sub-Type Land
Property 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.
Location
State WA
County Thurston
Area 451 - Hawks Prairie
Interior
Fireplace false
Exterior
Utilities Available Electricity Connected, Natural Gas Available
View Y/N No
Garage Yes
Building
Lot Description Corner Lot
Sewer On Property
Water In Street, See Remarks, Shared Well
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District North Thurston
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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