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4936 Cottage Lane SE, Lacey, WA, 98503

2beds
1baths
1,048sqft
$335,000
$320price/sqft
$2,206/moest. monthly cost
$88,240/yrincome needed

About This Home

Charming and affordable home in The Cottages! Step inside to a spacious living room with vaulted ceilings and a cozy wood-burning stove. The convenient kitchen offers a breakfast bar, ample dining space, and all appliances included. Enjoy easy indoor-outdoor living with a sliding glass door that opens to a fully fenced, low-maintenance yard. Two comfortable bedrooms-one with a walk-in closet and the other with direct yard access-plus a large bathroom with in-home laundry. HOA maintains front yards, sidewalks, and parking for a carefree lifestyle. Fantastic location near Rainier Vista Park, golf, shopping, I-5, and JBLM

Getting Around

32
WalkingCar-Dependent
38
TransitSome Transit
50
BikeBikeable

Schools

6/10
Lakes Elementary SchoolGrades K-50.4 mi
7/10
Komachin Middle SchoolGrades 6-81.1 mi
6/10
Timberline High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1982

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Wood Siding,Wood Products

Type & Style

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

Interior

Appliances

  • Appliances included: Disposal,Refrigerator,Stove(s)/Range(s),Washer,Garbage Disposal,Refrigerator(s),Washer(s)

Basement

  • Basement: None

Bathroom Full

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Features

  • Flooring: Vinyl Plank
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning,Main Level: 1,Fireplace
  • Fireplace: Yes

Great Room

  • Level: Main

Heating & Cooling

  • Heating features: Fireplace,Baseboard,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 1,048
  • Total interior livable area: 1,048 sqft

Kitchen With Eating Space

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 42320001400
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Fireplace,Vaulted Ceiling(s)
  • Has view: Yes
  • View description: Territorial
  • Topography of land: Level

Lot

  • Lot size: 2,583 sqft
  • Features: Paved,Sidewalk,Cable TV,Fenced-Partially,High Speed Internet

Parking

  • Total spaces: 1
  • Parking features: Off Street
  • Uncovered spaces: 1

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
    EarthquakeModerate

How This Home’s Risks Compare

Earthquake

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 $1,693$20,316
Home Insurance *$84$1,008
Property Taxes $280$3,360
Electricity $149$1,793
Total$2,206$26,472
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$75,634/yr
40% on housing$66,180/yr
45% on housing$58,826/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

$320This listing

vs Other Active Listings

Avg $/sqft

ZIP 98503$225
Thurston County$297

vs Homes Sold Last Month

Median $/sqft

ZIP 98503$301
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
2026-07-23Listed for sale$335,000
2023-07-28Sold$345,000
2023-06-29Pending sale$349,000
2023-06-22Listed for sale$349,000
2022-09-02Sold$330,000
2022-08-23Pending sale$329,900
2022-08-13Listed for sale$329,900
2006-07-20Sold$164,600
2004-09-20Sold$127,400
2003-10-29Sold$97,500

For Sale by Agent

AgentSuzie Elliott
BrokerageOlympic Sotheby's Int'l Realty

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