$595,000
Est. $3,075/mo3 bd•1.75 ba•1,692 sq ft
5613 Reef Lane Ne, Olympia, WA 98516
• Listed 2026-08-27•7 days on market
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Welcome to this meticulously maintained, one-owner home tucked away in the desirable Woodland Cove area of Jubilee! This rare 3-bedroom home offers the perfect blend of comfort, privacy and resort-style living, all within walking distance of Tolmie State Park. The open-concept living space is light and inviting, ideal for everyday living and entertaining. Step outside to the covered patio with a cozy fireplace, creating a wonderful year-round outdoor retreat. The fully fenced yard offers added privacy with no neighbors behind, backing to a protected area for a natural setting. Enjoy all that Jubilee has to offer, including the Lodge with indoor swimming pool, exercise room, coffee bar and a full calendar of activities, plus tennis courts and private beach access. A special opportunity to own a beautifully cared-for 3-bedroom home in one of Jubilee's most sought-after settings, surrounded by nature, recreation and exceptional community amenities. Thoughtful pride of ownership is evident throughout this home, offering an easy-care lifestyle in a tranquil setting. The layout provides flexibility for guests, a home office or hobbies while still delivering the convenience of single-level living. Relax by the outdoor fireplace, enjoy the peaceful backdrop and take advantage of trails and shoreline at Tolmie State Park. Whether you're enjoying quiet mornings at home or connecting with neighbors at the Lodge, this home puts recreation, relaxation and community close at your doorstep.
Listed by Gail Smith • Keller Williams South Sound
Listing updated: August 31, 2026 at 03:35pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2574777
5613 Reef Lane Ne, Olympia, WA 98516
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
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$4,084 per month
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Olympia is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 10 days.
$750,000 Sold
3 months ago
2 bd•1.75 ba•~2,083 sq ft•Single Family
8327 Vashon Drive Ne, Lacey, WA 98516
3%
Under list
—
Days on market
0.6 mi
Distance
$780,000 Sold
4 months ago
3 bd•2 ba•~2,013 sq ft•Single Family
8317 Ne 52nd Avenue Ne, Lacey, WA 98516
3%
Over list
—
Days on market
0.2 mi
Distance
$630,000 Sold
4 months ago
2 bd•1.75 ba•~2,026 sq ft•Single Family
8231 Orcas Loop Ne, Lacey, WA 98516
5%
Under list
—
Days on market
0.9 mi
Distance
$471,936 Sold
5 months ago
2 bd•1.75 ba•~1,469 sq ft•Single Family
4901 Spokane St Ne, Lacey, WA 98516
3%
Under list
—
Days on market
0.8 mi
Distance
$865,000 Sold
5 months ago
4 bd•2.5 ba•~2,509 sq ft•Single Family
8104 52nd Avenue Ne, Olympia, WA 98516
1%
Under list
—
Days on market
0.5 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 Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of August 31, 2026 at 03:35pm (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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Open houses
2 datesNearby open houses (2)
See more →$623,000
+$28,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $535K and $780K.
Rental earnings
$1,875/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$780,000Last sold price
8317 Ne 52nd Avenue Ne, Lacey, WA 98516

$680,000Last sold price
5619 Waldron Drive Ne, Lacey, WA 98516
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.
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