Why Live in The Lakes
The Lakes neighborhood in Lacey features a variety of single-family homes, many built in the late 1980s and early 1990s. Architectural styles include midcentury ranch-style homes, Pacific Northwest-style bungalows, and standard suburban designs, often with attached garages, modest front yards, and back patios. Many homes back up onto one of the neighborhood’s three lakes—Hicks Lake, Long Lake, and Pattison Lake—offering private docks for boating and fishing. The neighborhood is characterized by mature pines, providing a secluded feel despite its proximity to commercial areas. Local parks and lakes are central to community life, with Long Lake Park being a popular spot for summer activities and the New Year’s Day Polar Bear Club event. Shopping and dining options are concentrated less than a mile north along Pacific Avenue, featuring supermarkets like Safeway and Fred Meyer, as well as a range of restaurants from food trucks to upscale eateries like Ricardo’s Kitchen + Bar. Additional amenities are available in downtown Olympia, about 6 miles west. The Thurston County Fairgrounds, located within the neighborhood, host various events, including the annual Thurston County Fair. Carpenter Road serves as the main thoroughfare, connecting residents to Interstate 5, which is 2 miles north. Public schools in the area are part of the North Thurston School District, with Woodland Elementary School and Timberline High School both having high ratings. The neighborhood has a crime rate lower than the national average, contributing to its appeal for families and individuals alike.
Home Trends in The Lakes, WA
On average, homes in The Lakes, Lacey sell after 56 days on the market compared to the national average of 70 days. The median sale price for homes in The Lakes, Lacey over the last 12 months is $235,090, down 49% from the median home sale price over the previous 12 months.
Median Sale Price
$235,090
Median Single Family Sale Price
$388,445
Median Townhouse Sale Price
$294,495
Median 2 Bedroom Sale Price
$445,000
Average Price Per Sq Ft
$216
Number of Homes for Sale
18
Last 12 months Home Sales
31
Median List Price
$397,650
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-49%