$495,000
Est. $2,511/mo3 bd•1,385 sq ft
1616 Alder Street Se, Lacey, WA 98503
• Listed 2026-05-22•2 days on market
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 1, 2026 at 11:57 AM PDT (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Talk to a local RexMont expert
Avg response under 5 mins
Welcome to this beautifully updated and meticulously maintained home in the heart of Lacey! This charming 3 bed / 2 bath property is the perfect combination of modern updates and comfortable living, offering everything today's buyer is looking for. From the moment you step inside, the care and attention to detail put into this home is evident in every corner. The updated kitchen is a true highlight, featuring a spacious island perfect for meal prep and casual dining, along with brand new appliances that make cooking a pleasure. Throughout the home you will find thoughtful updates and quality finishes that reflect the pride of ownership this property has enjoyed for years. The water heater has also been recently replaced, giving buyers added peace of mind from day one. Step outside and discover your own backyard paradise. A generous lot provides plenty of open green space, while the fantastic deck is perfect for morning coffee or weekend entertaining. Gather around the fire pit on cool Pacific Northwest evenings and enjoy the outdoors year round. The location truly cannot be beat. Situated in a prime Lacey neighborhood, this home offers quick and easy access to shopping, dining, and entertainment. Commuters will love the convenient proximity to JBLM, making daily travel a breeze. Downtown Olympia is just minutes away, offering even more dining, culture, and recreation options. Do not miss this incredible opportunity. Schedule your showing today!
Listed by Lucas Graham • Keller Williams South Sound
Listing updated: May 29, 2026 at 06:19pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2527952
Open houses
2 datesNearby open houses (3)
See more →6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$3,006 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.

Open Tue, Jun 2 +6Lacey is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 27 days.
$412,000 Sold
4 months ago
3 bd•1 ba•~1,186 sq ft•Single Family
1316 13th Court Se, Lacey, WA 98503
3%
Over list
—
Days on market
0.5 mi
Distance
$380,000 Sold
5 months ago
3 bd•1 ba•~1,040 sq ft•Single Family
1503 Dogwood Street, Lacey, WA 98503
4%
Over list
—
Days on market
0.1 mi
Distance
$590,000 Sold
5 months ago
•Single Family
1502 Yonkers Drive Se #a&a, Lacey, WA 98503
3%
Over list
—
Days on market
0.4 mi
Distance
$585,000 Sold
6 months ago
4 bd•2.5 ba•~2,112 sq ft•Single Family
1405 Homann Drive Se, Lacey, WA 98503
3%
Under list
—
Days on market
0.4 mi
Distance
$379,000 Sold
6 months ago
2 bd•1 ba•~924 sq ft•Single Family
4537 14th Way Se, Lacey, WA 98503
1%
Over list
—
Days on market
0.5 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data via RentCast · Updated Jun 2026
Schools shown are the nearest public Elementary, Middle, and High school for this property. School district boundaries change — verify the assigned school with the district before purchasing.