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253-691-8561
Terrafin Real Estate
7825 Mullen Road SE, Lacey, WA 98503
- $600,000
- 3
- BD
- 2
- BA
- 2,055
- SqFt
Listing Broker: RE/MAX Country; Cynthia Schmier; ; Selling Office: Realty One Group Bold.
- Sold Price
- $600,000
- List Price
- $625,000
- Status
- SOLD
- Closing Date
- Aug 10, 2026
- MLS#
- 2539867
- Subtype
- Residential
- Style
- 10 - 1 Story
- Year Built
- 1976
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 2,055
- Lot Size
- 183,388
- Acres
- 4.21
- Subdivision
- Lacey
- Neighborhood
- Lacey
- MLS Area Major
- Lacey
Property Description
Investor Alert! Exceptional opportunity with endless potential on nearly 4.5 acres. This versatile property offers multiple possibilities, from restoring the existing homes for owner occupancy and rental income to exploring future development opportunities, including potential subdivision or higher-density use (buyer to verify). The 2,055 sq. ft. rambler is ready for your vision and renovation expertise to bring it back to its original charm. The property also includes a detached 2-car garage, a 2-bedroom/2-bath manufactured home that can provide additional rental income, and two enormous shops ideal for storage, hobbies, business use, or further income potential. Mature landscaping, private well, and septic system are already in place. Conveniently located just minutes from Timberline High School, I-5 access, shopping, and amenities. Opportunities like this are rare—the potential here is substantial. Property sold AS IS. Buyer to verify all information and development potential to their satisfaction.
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Additional Information
- Interior Features
- Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, Walk-In Closet(s), Water Heater
- Exterior Features
- Wood Products
- Property Description
- 10 - 1 Story
- Flooring
- Laminate, Carpet
- Heating
- Heat Pump
- Air Conditioning
- Heat Pump
- Levels
- One
- Roof
- Composition
- Parking Features
- Attached Garage, Off Street, RV Parking
- School District
- North Thurston
- View
- Territorial
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.