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!
Active
Listed by:
Jami R. Downing,
Abbey Realty Inc
$1,895,000
7235 20th Avenue SE, Lacey, WA 98503
5beds
6baths
6,508sqft
Est.:
Duplex
Built in 2015
-- sqft lot
$1,818,500 Zestimate®
$291/sqft
$-- HOA
What's special
- 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#: 2392636

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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
Video & virtual tour
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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