$495,000
Est. $2,508/mo3 bd•2 ba•1,385 sq ft
1616 Alder Street Se, Lacey, WA 98503
• Listed 2026-05-22•4 days on market
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Welcome to this beautifully updated and meticulously maintained home in the heart of Lacey! This charming 3 bed / 2 bath property is the perfect combination of modern updates and comfortable living, offering everything today's buyer is looking for. From the moment you step inside, the care and attention to detail put into this home is evident in every corner. The updated kitchen is a true highlight, featuring a spacious island perfect for meal prep and casual dining, along with brand new appliances that make cooking a pleasure. Throughout the home you will find thoughtful updates and quality finishes that reflect the pride of ownership this property has enjoyed for years. The water heater has also been recently replaced, giving buyers added peace of mind from day one. Step outside and discover your own backyard paradise. A generous lot provides plenty of open green space, while the fantastic deck is perfect for morning coffee or weekend entertaining. Gather around the fire pit on cool Pacific Northwest evenings and enjoy the outdoors year round. The location truly cannot be beat. Situated in a prime Lacey neighborhood, this home offers quick and easy access to shopping, dining, and entertainment. Commuters will love the convenient proximity to JBLM, making daily travel a breeze. Downtown Olympia is just minutes away, offering even more dining, culture, and recreation options. Do not miss this incredible opportunity. Schedule your showing today!
Open houses
Nearby open houses (8)
See more →$421,000
-$74,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $340K and $480K.
Rental earnings
$1,275/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$380,000Last sold price
1503 Dogwood Street, Lacey, WA 98503

$445,000Last sold price
2305 Sycamore Street Se, Lacey, WA 98503
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
1616 Alder Street Se, Lacey, WA 98503
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 9, 2026 at 09:31am (date and time MLS GRID Data was obtained). 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 courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Listed by Lucas Graham • Keller Williams South Sound
Listing updated: June 9, 2026 at 09:31am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2527952
Open Sun, Jun 14 +6
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$514,950
1316 Mills Landing Court Se, Lacey, WA 98503
Christina Janis · Epic Realty
Lacey is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: Sale-vs-list ratio data not available for this area.
Time on market: The average home goes pending in around 9 days.
$412,000 Sold
4 months ago
3 bd•1 ba•~1,186 sq ft•Single Family
1316 13th Court Se, Lacey, WA 98503
3%
Over list
—
Days on market
0.5 mi
Distance
$472,000 Sold
4 months ago
3 bd•2 ba•~1,386 sq ft•Single Family
4435 21st Court Se, Lacey, WA 98503
0%
Over list
—
Days on market
0.7 mi
Distance
$500,000 Sold
4 months ago
3 bd•2 ba•~1,488 sq ft•Single Family
1413 Alder Street Se, Lacey, WA 98503
0%
Over list
—
Days on market
0.1 mi
Distance
$2,495 Sold
5 months ago
3 bd•Single Family
2617 Cedar Hills Court Se, Lacey, WA 98503
0%
Over list
—
Days on market
0.7 mi
Distance
$499,950 Sold
5 months ago
3 bd•1 ba•~1,322 sq ft•Single Family
2578 25th Loop Se, Lacey, WA 98503
0%
Over list
—
Days on market
0.6 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
North Thurston School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.