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2945 Balsamroot Drive SE, Lacey, WA, 98513

2beds
2baths
1,749sqft
$699,999
$400price/sqft
$4,319/moest. monthly cost
$172,760/yrincome needed

About This Home

New Construction–Ready Now! Welcome to the Aspen II at 2945 Balsamroot Drive SE. This home in the 55+ active lifestyle community of Ovation at Oak Tree offers 2 bedrooms, 2 baths, and a study. The great room flows into the kitchen with its oversized island, dining area, and covered patio. At the front of the home, you’ll find a welcoming foyer, laundry room, and convenient 2-car garage entry. Additional highlights include: study, deluxe shower at primary bath, extended covered patio. Builder broker registration policy requires, if represented, your broker register you with Community Site agent prior to OR with you, on your 1st visit. Photos are for representative purposes only. MLS#2448988

Getting Around

0
WalkingCar-Dependent
20
TransitMinimal Transit
26
BikeSomewhat Bikeable

Schools

2/10
Nisqually Middle SchoolGrades 6-82.2 mi
4/10
River Ridge High SchoolGrades 9-122.5 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2025

Materials

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

Notable Dates

  • Major remodel year: 2025

Other

  • Builder name: Taylor Morrison

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Stove(s)/Range(s),Dishwasher(s),Garbage Disposal,Microwave(s),Water Heater: Electric,Water Heater Location: Garage

Basement

  • Basement: None

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Bonus Room

  • Level: Main

Dining Room

  • Level: Main

Features

  • Bath Off Primary
  • Flooring: Ceramic Tile,Laminate,Carpet

Great Room

  • Level: Main

Heating & Cooling

  • Heating features: Heat Pump,Electric,Natural Gas
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 1,749
  • Total interior livable area: 1,749 sqft

Kitchen With Eating Space

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 65740046000
  • Zoning description: Jurisdiction: County
  • Special condition: Standard
  • Other equipment: Leased Equipment: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: Community
  • Patio & porch: Bath Off Primary,Walk-In Closet(s),Water Heater
  • Has view: Yes

Lot

  • Lot size: 5,201 sqft
  • Features: Corner Lot,Curbs,Paved,Sidewalk,Patio

Parking

  • Total spaces: 2
  • Parking features: Attached Garage
  • 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 $3,539$42,468
Home Insurance *$153$1,836
Property Taxes $478$5,736
Electricity $149$1,793
Total$4,319$51,828
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$148,080/yr
40% on housing$129,570/yr
45% on housing$115,173/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

$400This listing

vs Other Active Listings

Avg $/sqft

ZIP 98513$291
Thurston County$297

vs Homes Sold Last Month

Median $/sqft

ZIP 98513$317
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
2026-05-06Price change$699,999
2025-10-25Listed for sale$717,999

New Construction Spec

AgentClarissa N. Kraves
BrokerageCascadian King Company, L.L.C.

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