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  • Listed by: eXp Realty • Terri Hagen
    Bought with: Real Broker LLC
    $265,000

    150 E Cedar Street, Belfair, WA 98528

    1beds
    716sqft
    Single Family Residence
    Built in 1978
    4,791 Square Feet Lot
    $265,000 Zestimate®
    $370/sqft
    $1,667 Estimated rent

    Home value

    $265,000

    $244,000 - $289,000

    $1,667/mo

    Zestimate® history
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    What's special

    Olympic mountain viewsRenovated bathroomStorybook cabinNewer carpet
    Welcome to the "Hobbit House" — a storybook cabin nestled near the South Shore of Hood Canal where fresh air, Olympic Mountain views, & Pacific NW adventure await. Full of character & charm, this one-of-a-kind retreat offers the perfect opportunity for a full-time residence, weekend getaway, or income-producing short-term rental. From the moment you arrive, this property practically screams VRBO. This cozy cabin features over $23k in upgraded windows, a professionally installed mini-split system for heating & cooling, newer carpet, a renovated bathroom, & a the entire crawlspace has been redone. Inside, knotty pine walls create a warm & inviting atmosphere, and the charming gas pedestal stove serves as the heart of the home. There's a cute little breakfast nook area, a spacious kitchen for the size of the home, and a lofted bedroom retreat upstairs that makes you feel like you're in a treehouse. Outside, you'll find plenty of parking for an RV, boat, trailer, or multiple vehicles. Two storage sheds provide abundant space for kayaks, paddleboards, e-bikes, fishing gear, tools, and everything needed to embrace the Hood Canal lifestyle. Whether you're looking for a cozy primary residence, a weekend escape, or a unique investment opportunity, the Hobbit House offers a rare combination of character, comfort, and versatility. Properties with this much charm and rental potential rarely come available.

    Zillow last checked:

    Listing updated:

    Offers reviewed: Jun 29
    Listed by:

    Terri Hagen,

    eXp Realty

    Bought with:

    Ethan Heydel, 24005821

    Real Broker LLC

    Source: NWMLS as distributed by MLS GRID,MLS#: 2519042MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 1
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Lower
    Kitchen with eating space
    • Level: Main
    Living room
    • Level: Main
    Utility room
    • Level: Main
    Heating
    • Fireplace, Ductless, Electric, Propane
    Cooling
    • Ductless
    Appliances
    • Included: Stove(s)/Range(s), Water Heater: Electric, Water Heater Location: Laundry Room
    Features
    • Flooring: Vinyl, Carpet
    • Doors: French Doors
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning, Main Level: 1, Fireplace
    Interior area
    • Total structure area: 716
    • Total interior livable area: 716 sqft

    Property

    Parking
    • Parking features: Driveway, RV Parking
    Features
    • Levels: One and One Half
    • Stories: 1
    • Patio & porch: Fireplace, French Doors, Water Heater
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 4,791 Square Feet
    • Dimensions: 99' x 50'
    • Features: Dead End Street, Paved, Deck, Outbuildings, RV Parking
    • Topography: Partial Slope
    Details
    • Parcel number: 222125003025
    • Zoning: RR5
    • Zoning description: Jurisdiction: County
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cabin,1 1/2 Story
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    Condition
    • Average
    • Year built: 1978
    • Major remodel year: 1978

    Utilities & green energy

    • Electric: Company: Mason County PUD3
    • Sewer: Septic Tank, Company: Individual Septic
    • Water: Individual Well, Company: Shared Well
    • Utilities for property: Astound Broadband

    Community & HOA

    Community
    • Subdivision: Belfair
    Location
    • Region: Belfair

    Financial & listing details

    • Price per square foot: $370/sqft
    • Tax assessed value: $139,495
    • Annual tax amount: $947
    • Offers reviewed: 06/29/2026
    • Date on market: 8/3/2026
    • Cumulative days on market: 7 days
    • Listing terms: Conventional
    • Inclusions: Stove(s)/Range(s)

    Price history

    DateEventPrice
    8/7/2026Sold$265,000+37.7%$370/sqft
    Source: NWMLS as distributed by MLS GRID #2519042 Report a problem
    7/8/2020Sold$192,500+75.6%$269/sqft
    Source: NWMLS as distributed by MLS GRID #1599108 Report a problem
    7/30/2019Sold$109,641+5.4%$153/sqft
    Source: Public Record Report a problem
    5/29/2015Sold$104,000+316%$145/sqft
    Source: Public Record Report a problem
    4/25/2014Sold$25,001-72.2%$35/sqft
    Source: NWMLS as distributed by MLS GRID #600226 Report a problem
    1/20/2012Sold$90,057-14.2%$126/sqft
    Source: Public Record Report a problem
    12/30/2005Sold$105,000$147/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$947 -12.2%$139,495 -4.1%
    2024$1,079 +2.2%$145,400 +24%
    2023$1,056 +7.3%$117,220 -1.2%
    2022$984 -9.6%$118,685 +6.6%
    2021$1,088 +9.2%$111,310 +14.8%
    2020$997 -7.2%$96,940 +21.3%
    2018$1,074 +10.4%$79,895 +0.2%
    2017$973 +5%$79,740 +5.8%
    2016$927 +8.2%$75,340 +21.5%
    2015$856 +22.5%$61,990 +6.9%
    2014$699 $58,010 -21.6%
    2013$699 $74,015 -11.5%
    2012-- $83,650 +1.7%
    2011-- $82,240 +58.4%
    2010-- $51,910
    2009-- $51,910
    Find assessor info on the county website

    Neighborhood: 98528

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Belfair Elem
    • Middle: Hawkins Mid
    • High: North Mason Snr High

    Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $265,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $265,000