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8331 Ostrom Avenue SE #102, Lacey, WA, 98513

3beds
3baths
1,392sqft
$489,995
$352price/sqft
$3,067/moest. monthly cost
$122,680/yrincome needed

About This Home

MOREL MEADOWS by D.R. Horton! We are thrilled to be in the Hawks Prairie area with NEW HOMES for YOU! In tribute to the previously known Ostrom's mushroom farm, you will find many fun names throughout the community :) The PINE is open concept living, center island in the kitchen, great for entertaining. Home features laminate flooring throughout main level, paint grade cabinets, Stainless Steel Appliances, Quartz Countertops, Heat Pump for Air Conditioning, + 10 year warranty! Morel Meadows has walking trails, right across from the Regional Athletic Complex and Nisqually Middle School. Such a convenient location just minutes to I-5, JBLM, shopping like COSTCO & outdoor recreation all around! Special Financing available for qualified buyers. Buyers must register their broker on first visit, including open houses. *** Ask about our $10,000 buyer bonus with our preferred lender for qualified buyers ***

Getting Around

36
WalkingCar-Dependent
40
TransitSome Transit
37
BikeSomewhat Bikeable

Schools

4/10
2/10
Nisqually Middle SchoolGrades 6-80.2 mi
4/10
River Ridge High SchoolGrades 9-120.7 mi

Construction

Condition

  • Property condition: Very Good
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Cement/Concrete

Notable Dates

  • Major remodel year: 2026

Other

  • Builder name: D.R. Horton

Type & Style

  • Home type: SingleFamily
  • Architectural style: 2 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

Bathroom Full

  • Level: Second

Bathroom Full

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedrooms & Bathrooms

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

Features

  • Bath Off Primary
  • Flooring: Carpet

Heating & Cooling

  • Heating features: 90%+ High Efficiency,Forced Air,Heat Pump,Electric
  • Cooling features: 90%+ High Efficiency,Ductless,Forced Air,Heat Pump

Interior Area

  • Total structure area: 1,392
  • Total interior livable area: 1,392 sqft

Master Bedroom

  • Level: Second

Other

  • Level: Main

Property

Details

  • Parcel number: 11823430102
  • Zoning description: Jurisdiction: City
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Bath Off Primary,SMART Wired,Walk-In Closet(s),Water Heater

Lot

  • Lot size: 2,700 sqft
  • Features: Adjacent to Public Land,Curbs,Paved,Sidewalk,Athletic Court,Cable TV,Dog Run,Electric Car Charging,Fenced-Partially,High Speed Internet,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

How This Home’s Risks Compare

Earthquake
Heat Wave

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 $2,477$29,724
Home Insurance *$107$1,284
Property Taxes $334$4,008
Electricity $149$1,793
Total$3,067$36,804
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$105,154/yr
40% on housing$92,010/yr
45% on housing$81,786/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

$352This listing

vs Other Active Listings

Avg $/sqft

ZIP 98513$292
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
2026-04-16Listed for sale$509,995

New Construction Spec

AgentShane Elliott
BrokerageD.R. Horton

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