7825 Mullen Road SE, Lacey, WA 98503 (MLS # 2539867)

Listing provided courtesy of Northwest MLS; RE/MAX Country

Price $625,000
Status Active
Beds 3
Baths 2 Baths
Home size 2,055 sqft
Lot Size 4.21 ac
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.
Property Type(s): Single Family
Last Updated 6/16/2026 Tract Lacey
Year Built 1976 Community Lacey
County Thurston

Additional Details

AIR Heat Pump
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Electric Water Heater, Refrigerator, Water Heater
AREA 450 - Lacey
BASEMENT None
CONSTRUCTION Wood Siding
EXTERIOR Garden
FIREPLACE Yes
GARAGE Attached Garage, Yes
HEAT Electric, Heat Pump, Natural Gas
INTERIOR Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, Walk-In Closet(s), Water Heater
LOT 4.21 acre(s)
LOT DESCRIPTION Paved
MLS STATUS Active
PARKING Off Street, Attached, RV Access/Parking
SEWER Septic Tank
STORIES 1
STYLE 10 - 1 Story
SUBDIVISION Lacey
TAXES 4280
VIEW Yes
VIEW DESCRIPTION Territorial
WATER Well, Private

Location

 

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 6/17/26 3:47 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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