Listing provided courtesy of Real Broker LLCNWMLSas Distributed by MLSGrid- MLS# NWM2541681MLS Provider

5240 54th Avenue SELacey, WA 98503

Single Family · 3 Beds · 2 Full Baths · 1 Half Bath · 1,762 Sq. ft. | 0.07 Acres
$475,000 Active

5240 54th Avenue SE Overview

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Priced to sell in desirable Summerwalk! This spacious corner-lot home is ideally situated directly across from the neighborhood playground, offering a convenient location and an open, welcoming feel. Hardwood floors, a bright open-concept floor plan, and a cozy gas fireplace create comfortable living spaces for everyday life and entertaining.The kitchen features modern appliances, a walk-in pantry, a large center island with seating, and flows seamlessly into the dining area. Upstairs, the primary suite includes a walk-in closet and private bath with a soaking tub and separate shower. Additional bedrooms offer flexibility for guests, hobbies, or a home office.Enjoy the fully fenced backyard, private patio, and attached 2-car garage. Located in the heart of Lacey, Summerwalk is close to shopping, dining, schools, parks, transit, and major commuter routes. Easy access to JBLM, state offices, and other major employers makes this location ideal for commuters.Home needs new carpet/flooring, and the price reflects the opportunity to make updates and build equity. Great value, desirable location, and move-in-ready potential make this a must-see home.

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5240 54th Avenue SE Facts & Features

  • Type Single Family
  • Sq. ft. 1,762
  • Price/Sq.ft. $270
  • Lot 0.07 Acres

Details

General

Association/HOA

  • Association Fee: $175.00
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Common Area Maintenance

School Information

  • School District: North Thurston
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Komachin Mid
  • High School: Timberline High

Building Information

  • Building Name: Summer Walk
  • New Construction: No
  • Year Built: 2009

Location/Region

  • Country: US
  • County Or Parish: Thurston
  • MLS Area Major: 450 - Lacey
  • Subdivision Name: Lacey

Community/Development

  • Community Features: CCRs, Park, Playground, Trail(s)

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: $4,342.00
  • Tax Year: 2025

General Information

  • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Listing Terms: Cash, Conventional, FHA, VA Loan
  • Parcel Number: 77090014500
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Short Sale

Interior

Building Information

  • Building Information: Built On Lot

Parking Information

  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 3
  • Bedrooms Lower: 0
  • Bedrooms Possible: 3
  • Bedrooms Upper: 3

Building Interior

  • Appliances Included: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Building Area Total: 1762
  • Building Area Units: Square Feet
  • Calculated Square Footage: 1762
  • Square Footage Finished: 1762
  • Square Footage Unfinished: 0

General Information

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
  • Basement: None
  • Cooling: No
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Ceramic Tile, Vinyl Plank, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Interior Features: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Fireplace, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Levels: Two
  • Living Area: 1762
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 0
  • Power Production Type: Electric,Natural Gas
  • Security Features: Partially Fenced

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Off Street
  • Parking Total: 4

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • Lot Size Square Feet: 3210
  • Lot Size Units: Square Feet
  • Site Features: Fenced-Partially, Gas Available, Patio
  • Topography: Level, Partial Slope
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: Yes
  • Direction Faces: South
  • Roof: Composition
  • Structure Type: House

General Information

  • Carport: No
  • Covered Spaces: 4
  • Exterior Features: Stone, Wood Products
  • Sewer: Sewer Connected

Room Information

Room: Bathroom Half

  • Level: Main

Room: Den/Office

  • Level: Main

Room: Dining Room

  • Level: Main

Room: Entry Hall

  • Level: Main

Room: Family Room

  • Level: Main

Room: Kitchen With Eating Space

  • Level: Main

Room: Living Room

  • Level: Main

Room: Bathroom Full

  • Level: Second

Room: Bathroom Full

  • Level: Second

Room: Bedroom

  • Level: Second

Room: Bedroom

  • Level: Second

Room: Primary Bedroom

  • Level: Second

Room: Utility Room

  • Level: Second

5240 54th Avenue SE Neighborhood

Community

98503 (Lacey) Demographics

38
Median Age
3,435
Population Density (per sq. mile)
42%
College Educated
$66,021
Estimated Median Income
9,391
Estimated Total Home Owners
7,740
Estimated Total Renters
55% / 45%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5240 54th Avenue SE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5240 54th Avenue SE Market Data

Based on the last 30 days in this zip code

$504,096
Average List Price
$278
Average Price per Square Foot
32
Properties Sold
66
Average Days on Market
143
Properties for Sale
Calculations provided by Reliance Network

5240 54th Avenue SE History

Date Event Value Agent
6/17/2026Source: NWMLS Added to Database
June 17, 2026
6/20/2022Source: NWMLS Added to Database
February 23, 2022