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$625,000

Listing Price

3beds

2baths

1,726sqft

5,371sqft lot

5605 Reef Ln Ne, Olympia, WA 98516

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

362.11

Price / sqft

2021

Year built

Home Details

Retirement Done Right! Jubilee 2021 one-story loaded with $80k in recent upgrades delivers the lifestyle buyers move here for. No backyard neighbors. No future development behind you. Just a gorgeous forested greenbelt backdrop changing with the seasons while you enjoy all the perks of one of the South Sound's most desirable 55+ communities. Dark wood floors, custom California Closets systems, Hunter Douglas remote blinds & brand new bedroom carpeting create luxe living, while the kitchen is ready for everything from dinner parties to Costco hauls w/quartz island, newer fridge, gas range, pull-out storage & walk-in pantry. Clever split-bedroom design w/no shared walls between any bedrooms puts vaulted primary suite facing tree views, while 2 front bedrooms & full bath share separate guest wing. A double-sided fireplace steals the show, warming both the living room & covered patio. Add remote-controlled solar shade, included smoker, & you've gained a 2nd living room in nature. Discerning buyers will appreciate practical upgrades like central A/C, tankless hot water, $17k GENERAC whole-house generator, GE Profile pedestal laundry set, Kobalt workspace, sheds, tons of garage shelving & front yard care by HOA. All w/dream amenities: clubhouse, indoor pool, gym, tennis, ballroom events, miles of strolling trails, 2 nearby golf courses & 10 mins to Costco or coffee! Quick ride to downtown Olympia art scene & waterfront events. Lock-&-leave convenience meets resort-style PNW living!

Interior Details

Square Feet
  • 1726

Bedrooms
  • 3

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Wood (unspecified)

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 5371

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Ranch

Exterior
  • Concrete

Foundation
  • N/A

Roof
  • Hip

Roofing Material
  • Concrete

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

0

$0

$107,700

$0

--%

$107,700

0

$0

$0

$0

--%

$0

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Average Home Price in 98516

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$670,274

2 Beds

2 Baths

1,913 Sqft

5,166 Lot (sqft)

Sold 10/08/2026

$675,892

2 Beds

2 Baths

1,850 Sqft

5,200 Lot (sqft)

Sold 06/17/2026

$655,000

2 Beds

2 Baths

1,512 Sqft

5,625 Lot (sqft)

Sold 11/02/2026

$675,000

2 Beds

2 Baths

1,727 Sqft

5,000 Lot (sqft)

Sold 10/26/2026

$700,000

2 Beds

3 Baths

1,852 Sqft

6,852 Lot (sqft)

Sold 10/27/2026

$575,000

3 Beds

2 Baths

1,692 Sqft

5,000 Lot (sqft)

Sold 10/27/2026

$700,000

3 Beds

2.5 Baths

1,863 Sqft

5,519 Lot (sqft)

Sold 10/27/2026

$699,000

3 Beds

2 Baths

1,695 Sqft

5,000 Lot (sqft)

Sold 10/17/2026

$725,000

2 Beds

3 Baths

1,858 Sqft

6,108 Lot (sqft)

Sold 09/29/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
625,000
$
Down payment
125,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
3,750
$
HOA (Monthly)
0
$
PMI
0
$
$4,046
Your Payment
Total Monthly Payment:$4,046
Percent of Income:69%
Affordable:No

Details for 5605 REEF LN NE

Property Debt

Foreclosure Contact Details