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Pending
  • Listed by: eXp Realty • Lisa Barnes
    $485,000

    1546 Reservation #197 & #198 Road SE, Olympia, WA 98513

    1beds
    589sqft
    : 
    $3,447/mo
    Get pre-qualified
    Single Family Residence, Condominium
    Built in 2021
    4,856 Square Feet Lot
    $475,900 Zestimate®
    $823/sqft
    $350/mo HOA

    What's special

    One incredible location. Two unique opportunities. Imagine having your own corner of Lost Lake—where mornings begin among the trees, afternoons unfold by the lake & evenings end around a fire. The neighboring tiny home & RV lot are extraordinary on their own, or purchase both for an unforgettable retreat. Available individually or together. The 2021 tiny home is warm & thoughtfully designed, with tall ceilings, abundant windows, a cozy indoor fireplace & charming drop loft. Clever storage is tucked throughout, while central air (new A/C in 2026) brings year-round comfort. Step outside to a covered stone fireplace & low-maintenance yard, then follow the covered breezeway to two flexible spaces—one ideal for an office or hobby space, the other with a .5 bath & laundry. Next door, the RV lot is the showstopper. A custom covered pavilion with a metal roof frames a paver pad for up to a 45' RV. Gardens & hidden storage & an outdoor kitchen with high-end appliances, dual grills & a built-in linear fire feature make this feel less like an RV site & more like your own private outdoor retreat. At the heart of it all, a stone fireplace sets the scene for evenings spent outside. And then there's Lost Lake. Explore 50+ acres of trails with views of Mt. Rainier, enjoy the stocked lake, clubhouse, indoor/outdoor pools, sauna, gym, pickleball, dog park & more. Two properties. Two opportunities. One unforgettable place to call your own. Tiny Home: (NWMLS 2568068) | RV Lot: (NWMLS 2515594)
    31 days
    148
    2

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Barnes,

    eXp Realty,

    Morgan Jill Reay,

    eXp Realty

    Source: NWMLS as distributed by MLS GRID,MLS#: 2568179MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 2
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Main
      Bathroom three quarter
      • Level: Main
      Other
      • Level: Main
      Entry hall
      • Level: Main
      Family room
      • Level: Main
      Kitchen without eating space
      • Level: Main
      Utility room
      • Level: Main
      Heating
      • Fireplace, Forced Air, Wall Furnace, Electric, Propane
      Cooling
      • Has cooling: Yes
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater: Elec, Water Heater Location: Crawlspace, Dryer-Gas
      • Laundry: Dryer-Gas, Washer Hookup, Gas Dryer Hookup, Common Area
      Features
      • Flooring: Laminate, Vinyl, Carpet
      • Number of fireplaces: 2
      • Fireplace features: See Remarks, Main Level: 2, Fireplace
      Interior area
      • Total structure area: 589
      • Total interior livable area: 589 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: RV Parking, Uncovered, RV Parking
      • Uncovered spaces: 4
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Main
      • Patio & porch: Dryer-Gas, Fireplace, Washer, Water Heater
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 4,856 Square Feet
      • Features: Paved
      Details
      • Parcel number: 59750019700
      • Special conditions: Standard
      • Other equipment: Leased Equipment: Propane form Propane NW

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Condo (1 Level)
      • Property subtype: Single Family Residence, Condominium
      Materials
      • Cement Planked, Wood Siding, Wood Products, Cement Plank
      • Roof: Metal
      Condition
      • Year built: 2021
      • Major remodel year: 2021

      Utilities & green energy

      • Electric: Company: Billed monthly by Vantage (COA)
      • Water: Company: Included in monthly COA dues
      • Utilities for property: Included In Monthly Coa Dues (Comcast)

      Community & HOA

      Community
      • Features: Athletic Court, Clubhouse, Dock, Fitness Center, Game/Rec Rm, Gated, Playground, Indoor Pool, Pool, RV Parking, Sauna, Trail(s)
      • Subdivision: Olympia
      HOA
      • Services included: Cable TV, Common Area Maintenance, Internet, Road Maintenance, Sewer, Water
      • HOA fee: $350 monthly
      • HOA phone: 360-459-5019
      Location
      • Region: Olympia

      Financial & listing details

      • Price per square foot: $823/sqft
      • Annual tax amount: $4,003
      • Date on market: 8/17/2026
      • Cumulative days on market: 28 days
      • Listing terms: Conventional
      • Inclusions: Dishwasher(s), Dryer(s), Leased Equipment, Microwave(s), Refrigerator(s), Washer(s)

        Estimated market value

        $475,900

        $452,000 - $500,000

        $1,893/mo

        Price history

        DateEventPrice
        8/31/2026Pending sale$485,000$823/sqft
        Source: NWMLS as distributed by MLS GRID #2568179 Report a problem
        8/13/2026Listed for sale$485,000$823/sqft
        Source: eXp Realty #2568179 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 98513

        Getting around

        0 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        21 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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