Property Description

DEVELOPER & INVESTOR OPPORTUNITY! Rare .36-acre parcel zoned MD – Moderate Density Residential, offering exciting potential for future development, investment, or owner-occupancy. This charming mid-century modern rambler offers 3 bedrooms and 1.75 bathrooms with classic character and functional living space. A unique attached addition behind the garage provides a fantastic multigenerational living opportunity with its own separate entrance, or potential for a separate rental/ADU-style living space—ideal for generating additional income or accommodating extended living. The spacious lot provides room to explore the possibilities that come with MD zoning, making this property an excellent opportunity for builders, developers, or investors looking for upside in Lacey. Live in the existing home while planning your next project, rent the property, or investigate future development options. Conveniently located near shopping, schools, parks, major roadways, and all that the Lacey/Olympia area has to offer. Properties combining a solid existing home, .36 acres, and development potential are hard to find—bring your vision and unlock the possibilities!