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  • Listed by: 

    Jami R. Downing,

    Abbey Realty Inc

    $1,895,000

    7235 20th Avenue SE, Lacey, WA 98503

    5beds
    6baths
    6,508sqft
    : 
    Duplex
    Built in 2015
    -- sqft lot
    $1,818,500 Zestimate®
    $291/sqft
    $-- HOA

    What's special

    Long Lake Luxury +Passive Income = Dream Waterfront Setup! Over 6500sqft & flex layouts to use as 1, 2 or 3 units. Airbnb with private entrance, stays furnished & grossed $25K last yr without summer bookings! Unit A has main floor primary 3BR + den, gym-ready basement and sauna. Unit B can stay whole or split again. All have waterproof luxury vinyl plank throughout, quartz counters, separate heatpumps, tankless H2O heaters & laundry. Outside, find gated entry, huge new driveway with room for guests & pickleball, 4-car garage, more covered parking, flat lawn, oversized patio, big deck, & yes, 2 docks + mooring whips! Minutes to I-5 & Costco, this one makes the math work with flexibility for your compound or small empire in the making!
    57 days
    on Zillow
    |
    968
    |
    50
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 26, 2025 at 09:51am

    Listed by:

    Jami R. Downing,

    Abbey Realty Inc

    Source: NWMLS,MLS#: 2392636MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 7235 20th Avenue SE.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    Heating
    • Forced Air, Heat Pump, Electric, Natural Gas, See Remarks
    Cooling
    • Forced Air, Heat Pump
    Features
    • Flooring: See Remarks, Vinyl Plank, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 6,508
    • Total interior livable area: 6,508 sqft

    Property

    Parking
    • Total spaces: 21
    • Parking features: RV Parking
    • Carport spaces: 2
    • Covered spaces: 4
    • Uncovered spaces: 15
    Features
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake, No Bank
    Lot
    • Size: 1 Acres
    • Dimensions: 39 x 40 x 45 x 44 x 99 x 372
    • Features: Paved, Cable TV, Deck, Dock, Fenced-Partially, Gas Available, Gated Entry, High Speed Internet, Patio, RV Parking, Sprinkler System
    Details
    • Parcel number: 11822410700
    • Zoning description: Multi-Family,Residential,See Remarks,Jurisdiction: County
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Cement Planked, Wood Siding, Cement Plank
    • Foundation: Poured Concrete, Slab
    • Roof: Composition
    Condition
    • Very Good
    • Year built: 2015
    • Major remodel year: 2015

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Septic Tank, Company: Septic
    • Water: Public, Company: City of Lacey

    Community & HOA

    Community
    • Subdivision: Long Lake West
    Location
    • Region: Olympia

    Financial & listing details

    • Price per square foot: $291/sqft
    • Tax assessed value: $1,333,800
    • Annual tax amount: $7,293
    • Date on market: 6/12/2025
    • Listing terms: Cash Out,Conventional,FHA,VA Loan
    • Cumulative days on market: 59 days
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