See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

4826 Meriwood Drive NE, Lacey, WA, 98516

2beds
3baths
2,207sqft
$750,000
$340price/sqft
$4,165/moest. monthly cost
$166,600/yrincome needed

About This Home

Designed with exceptional attention to detail and quality craftsmanship throughout, this stunning home in the sought-after 55+ Jubilee Community offers luxury, comfort, and an active lifestyle in one of Lacey’s premier neighborhoods. Situated on an oversized corner lot, this beautifully appointed 2-bedroom, 2.5-bath home features timeless finishes, a thoughtful floor plan, and superior construction quality. Inside, soaring 10-foot ceilings, hardwood flooring, custom millwork, and wood-wrapped windows create a warm and elegant atmosphere. The expansive kitchen is the centerpiece of the home with high-end cabinetry, granite countertops, full-height tile backsplash, upgraded stainless steel appliances, and abundant workspace ideal for entertaining or everyday living. The spacious layout includes a large living room with tiled fireplace, formal dining area, and versatile flex space perfect for a den or media room. The oversized laundry and smart space offers extensive cabinetry, workspace, and exceptional storage. The luxurious primary suite features patio access, a large walk-in closet, and spa-inspired ensuite with tiled shower and granite finishes. Enjoy year-round outdoor living on the expansive covered patio. The extended garage provides additional room for storage, hobbies, or a golf cart. Residents enjoy access to the Jubilee Lodge with indoor pool, fitness center, spa, pickleball, trails, clubs, and social activities. Exceptional upgrades and resort-style living!

Getting Around

0
WalkingCar-Dependent
18
TransitMinimal Transit
26
BikeSomewhat Bikeable

Schools

7/10
5/10
Salish Middle SchoolGrades 6-81.4 mi
4/10
River Ridge High SchoolGrades 9-123.2 mi

Construction

Condition

  • Year built: 2015

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Cement Planked,Wood Products,Cement Plank

Type & Style

  • Home type: SingleFamily
  • Architectural style: 1 Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Washer(s),Water Heater: Gas,Water Heater Location: Garage

Basement

  • Basement: None

Bathroom Full

  • Level: Main

Bathroom Three Quarter

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 3
  • Main level bedrooms: 2

Features

  • Bath Off Primary,Dining Room
  • Window features: Dbl Pane/Storm Window
  • Flooring: Ceramic Tile,Hardwood,Vinyl,Carpet
  • Number of fireplaces: 1
  • Fireplace features: Gas,Main Level: 1,Fireplace
  • Fireplace: Yes

Heating

  • Heating features: Fireplace,Forced Air,Electric,Natural Gas

Interior Area

  • Total structure area: 2,207
  • Total interior livable area: 2,207 sqft

Kitchen Without Eating Space

  • Level: Main

Master Bedroom

  • Level: Main

Other

  • Level: Main

Utility Room

  • Level: Main

Property

Details

  • Parcel number: 56670143600
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Bath Off Primary,Dbl Pane/Storm Window,Dining Room,Fireplace,Security System,Walk-In Closet(s),Water Heater
  • Topography of land: Level

Lot

  • Lot size: 7,501 sqft
  • Features: Corner Lot,Curbs,Paved,Sidewalk,Cable TV,Deck,Fenced-Fully,Patio,Sprinkler System

Parking

  • Total spaces: 2
  • Parking features: Driveway,Attached Garage,Off Street
  • Has garage: Yes
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding

FEMA Declared Disasters in Thurston County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,792$45,504
Home Insurance *$175$2,100
Property Taxes $48$576
Electricity $150$1,811
Total$4,165$49,980
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$142,800/yr
40% on housing$124,950/yr
45% on housing$111,066/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.8%
10.8%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$340This listing

vs Other Active Listings

Avg $/sqft

ZIP 98516$298
Thurston County$297

vs Homes Sold Last Month

Median $/sqft

ZIP 98516$300
Thurston County$285

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-21Listed for sale$750,000
2017-05-02Listing removed$559,000
2017-04-08Price change$559,000
2017-01-28Price change$574,500
2016-11-06Price change$584,900
2016-10-07Listed for sale$595,000
2015-12-30Sold$545,455

For Sale by Agent

AgentMark Ellis
BrokerageCapitol Real Estate LLC

Similar Homes