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← Back to search results/Lacey, WA/8437 Ostrom Avenue SE #85
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Listed by Shane Elliott • D.R. Horton.
FOR SALE

$469,995

Est. $2,583/mo

Price reduced $10,000 from the original $479,995 asking price

3 bd•2.5 ba•1,395 sq ft

8437 Ostrom Avenue SE #85, Lacey, WA 98513

• Listed Sep 23, 2026•32 days active · 32 cumulative

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★★★★★5.0·1,244 Google reviews

Listing Broker: D.R. Horton; Shane Elliott; 360-292-0256; STElliott@drhorton.com

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Listing Broker: D.R. Horton; Shane Elliott; 360-292-0256; STElliott@drhorton.com

About this home

*** RED TAG SALES EVENT HOME *** Welcome to MOREL MEADOWS, an exciting new home community in the heart of Lacey offering modern comfort, thoughtful design, and exceptional convenience. The FIR floor plan showcases open-concept living perfect for entertaining and everyday functionality. The spacious main level features durable laminate flooring, paint-grade cabinetry, elegant white millwork and doors, stainless steel appliances, and beautiful quartz countertops throughout. Designed with year-round comfort in mind, each home includes an energy-efficient heat pump providing both heating and air conditioning, along with a 10-year limited warranty for peace of mind. The layout offers seamless flow between kitchen, dining, and living spaces, creating an inviting environment for gatherings or quiet evenings at home. Morel Meadows residents enjoy community walking trails and a prime location directly across from RAC Park and Nisqually Middle School. Commuters will appreciate quick access to I-5 and JBLM, while nearby amenities include Costco, shopping centers, dining, and abundant recreation opportunities throughout the South Sound. Buyers must register their broker on first visit, including open houses. Special financing options are available for qualified buyers. *** Ask about our buyer bonus with our preferred lender for qualified buyers ***

Property type
Single Family
Year built
2026
Interior
1,395 sq ft
Lot size
0.062 acres
Parking
2-car garage
Price / sq ft
$337
Heating90%+ High Efficiency, Forced Air, Heat Pump
Cooling90%+ High Efficiency, Ductless, Forced Air, Heat Pump
Property taxes$4,800/yr (est.)
HOA dues$97/mo
School districtNorth Thurston

Listed by Shane Elliott • D.R. Horton

Listing updated: October 24, 2026 at 02:20pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2586643

Around this home

RexMont OfferEdge™

How much should you offer?

8437 Ostrom Avenue SE #85, Lacey, WA 98513

List price
$469,995
Down payment
$93,999

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

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.

Property details

Interior features

  • Bath Off Primary
  • SMART Wired
  • Walk-In Closet(s)
  • Water Heater

Kitchen

  • Dishwasher
  • Disposal
  • Microwave
  • Stove(s)/Range(s)

Bedrooms

  • 3 bedrooms total
  • 3 upstairs

Bathrooms

  • 2 full bathrooms
  • 1 half bathroom
  • 2.5 bathrooms total (NWMLS count)
  • 1 on the main level

Layout

  • 2 Story
  • 1,395 sq ft finished

Flooring

  • Laminate
  • Vinyl
  • Carpet

Heating & cooling

  • 90%+ High Efficiency heating
  • Forced Air heating
  • Heat Pump heating
  • 90%+ High Efficiency cooling
  • Ductless cooling
  • Forced Air cooling
  • Heat Pump cooling

Schools

Ratings via SchoolDigger

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.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Lot number
85
Zoning jurisdiction
City
Faces
North
Bus route
71, 75

Systems

Energy source
Electric
Power production
Electric
Water heater
Electric
Water heater location
Garage
Power company
Puget Sound Energy
Water company
City of Lacey Public Works
Sewer company
City of Lacey Public works
Garbage service
LeMay Pacific Disposal
Irrigation water rights
No
Internet connected
Centurylink/Comcast
Cable connected
Xfinity/Comcast

Rooms & extras

Bathtubs
1
Showers
2

New construction

New construction state
Under Construction
Estimated completion
Oct 19, 2026
Builder
D.R. Horton
Square footage source
Builder plans
Lot size source
Site plan
Effective year built source
See Remarks

Manufactured home

Land lease
No

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

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Sales & Tax Records for 8437 Ostrom Avenue SE #85

NWMLS via MLS Grid

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Oct 15, 2026
    Price reduced
    NWMLS via MLS Grid · #2586643
    $469,995
    $337/sq ft
  2. Oct 8, 2026
    Price reduced
    NWMLS via MLS Grid · #2586643
    $474,995
    $340/sq ft
  3. Sep 23, 2026
    Listed
    NWMLS via MLS Grid · #2586643
    $479,995
    $344/sq ft

Down payment assistance

6 programs may be available to provide you with up to $23,500 in down payment assistance, depending on your specific information.

Northwest MLS lists this home as eligible for down payment assistance programs

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$3,197 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: D.R. Horton; Shane Elliott; 360-292-0256; STElliott@drhorton.com

Market pulse

Lacey is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 73 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $689,995 Sold

    2 weeks ago

    5 bd•2.5 ba•~2,535 sq ft•Single Family

    8448 Ostrom Avenue SE #25, Lacey, WA 98513

    0%

    Over list

    62

    Days on market

    0.1 mi

    Distance

  • $479,995 Sold

    3 weeks ago

    3 bd•2.5 ba•~1,395 sq ft•Single Family

    8373 Ostrom Avenue SE #95, Lacey, WA 98513

    1%

    Over list

    117

    Days on market

    0.1 mi

    Distance

  • $499,950 Sold

    3 weeks ago

    3 bd•2.5 ba•~2,104 sq ft•Single Family

    1115 Chatham Drive SE, Olympia, WA 98513

    0%

    Over list

    64

    Days on market

    0.5 mi

    Distance

  • $350,000 Sold

    4 weeks ago

    3 bd•1.75 ba•~1,048 sq ft•Single Family

    735 Hamelin Lane SE, Olympia, WA 98513

    0%

    Over list

    64

    Days on market

    0.8 mi

    Distance

  • $589,995 Sold

    4 weeks ago

    5 bd•2.5 ba•~2,335 sq ft•Single Family

    485 Cremini Loop SE #8, Lacey, WA 98513

    2%

    Under list

    66

    Days on market

    0.1 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?

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Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 25, 2026 at 6:24 PM PT (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.

Some IDX listings have been excluded from this website.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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