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8623 Steilacoom Road SELacey, WA 98503Price: $1,350,000

  • Price: $1,350,000
  • Est. Mortgage of $/month
  • 33 Days on Market
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Federal 30-year interest rate: 7.28% last updated on Oct 1, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,350,000List Price
  • 1.28Acreage
  • 2,048Square Feet
Listed by Jared English of Congress Realty,Inc (888-881-4118)
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Existing Duplex on 1.28 acres Approved plans to pick up at city of Lacey to start sewer and water extension sidewalk street trees for 1 lot to become Seven Lots. Existing Duplex will become 2 town homes separate lots plus 5 new single home lots. 7 lots total. Design for power with PSE . Option 2 just enjoy The large lot and remodel existing duplex adding additional bedrooms and a second story. Home was originally on septic and was limited to 2 bedrooms per unit. Duplex is on city sewer and Private well serving duplex. Lots of room for RV parking and flat areas to build covered RV or hobby storage. Can also build a single 1000 SF ADU if subdivided may build up to 2 ADU per lot plus primary home NEW ADU rules for Lacey adopted 6/28/26 Option 3 Possible daycare or group home need to check with city on daycare option. Option 4 do subdivision and City finalizes sub lot rules create additional lots. Each unit 2 bedroom One bath each unit. Converted to Natural gas for Furnace and added A/C unit. hook up for gas BBQ and Dryer. stub for hot water next to furnace. Garage conversion would add 3rd bedroom and Bath. Primary bedroom can convert walk in closet to bathroom. Unit A 1008 SF. B 1040 SF. lots of possibilities. Would also consider Partial sale to do development of new lots.

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Based on information submitted to OR_RMLS_WEB_API as of October 3, 2026 7:45 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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