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5605 Reef Lane Ne, 
Olympia, WA 98516

$625,000

3

Beds

2

Baths

1,726

Sq Ft

Single Family

Active

Listed by

Jami R. Downing

Abbey Realty Inc

Last updated:

August 7, 2026, 11:19 AM

MLS#

2481116

Source:

NWMLS

About This Home

5605 Reef Lane Ne

5.875% VA Assumable Loan Avail-Call for info. Retirement Done Right! Jubilee 2021 1-story loaded w/$80k in recent upgrades delivers lifestyle buyers move here for. No backyard neighbors-No future development behind you. Just a gorgeous forested greenbelt backdrop changing w/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 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 Oly's art scene & waterfront. Lock-&-leave convenience meets resort-style PNW living!

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 2021

Subdivision & Development:

Jubilee

Price Summary

625,000

$362 per Sq. Ft.

MLS #:

2481116

Last Updated:

August 7, 2026, 11:19 AM

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

1

Interior

Living Area:

1,726 Sq. Ft.

Structure

Structure

Architectural Style:

Traditional

Building Area:

1,726 Sq. Ft.

Year Built:

2021

Lot

Lot Size (Sq. Ft):

5,371

Finances & Disclosures

Finances

Price:

$625,000

Price per Sq. Ft:

$362 per Sq. Ft.

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of August 8, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.