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  • Listed by: eXp Realty • Lisa Barnes
    Price cut: $15K (6/12)
    $280,000

    1546 Reservation Road SE #198, Olympia, WA 98513

    --beds
    --baths
    --sqft
    : 
    $2,118/mo
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    Single Family Residence, Condominium
    Built in 1980
    2,539 Square Feet Lot
    $274,700 Zestimate®
    $--/sqft
    $350/mo HOA

    What's special

    Stunning stone fireplaceDual grillsPeaceful wooded settingTranquil water featureSpacious paver padCustom storage throughout
    RV life, elevated to something extraordinary. Welcome to your private escape in the highly sought-after Lost Lake Resort in Olympia. Tucked into a peaceful, wooded setting, this property offers the perfect balance of tranquility & convenience, just minutes from everyday amenities & city access. Crafted for easy, low-maintenance year-round RV living, the lot features a custom covered RV pavilion with a durable metal roof (built in 2021), a spacious paver pad, & room to accommodate up to a 45' RV. A beautiful garden area with irrigation & a tranquil water feature enhance the setting, creating a serene outdoor environment. The true centerpiece is the fully built outdoor kitchen (added in 2022), complete with high-end appliances, dual grills, & a built-in linear fire feature at the eat-in bar—perfect for entertaining or enjoying quiet evenings at home. Start your mornings with coffee in nature & wind down beside the stunning stone fireplace, creating a warm & inviting atmosphere in every season. A heated storage shed with full-size propane W/D, along with custom storage throughout, adds both functionality & convenience. Enjoy a level of privacy that’s hard to find, while still having access to exceptional resort amenities, including over 50 acres of trails with scenic views of Tahoma, a private stocked lake with dock & swimming area, clubhouse, indoor/outdoor pool, sauna, gym, tennis, pickleball, & more. This is more than just a place to stay—it’s a place to truly unwind & live.
    98 days
    |
    506
    |
    33
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Barnes,

    eXp Realty,

    Morgan Jill Reay,

    eXp Realty

    Source: NWMLS as distributed by MLS GRID,MLS#: 2515594MLS Logo

      Facts & features

      Interior

      Heating
      • Wall Furnace, Electric, Propane
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Double Oven, Dryer, See Remarks, Tankless Water Heater, Washer, Dishwasher(s), Dryer(s), Washer(s), Water Heater: Electric, Water Heater Location: Storage Shed, Dryer-Gas
      • Laundry: Dryer-Gas, Washer Hookup, Gas Dryer Hookup, Common Area
      Features
      • Flooring: Laminate
      • Has fireplace: No
      • Fireplace features: Gas
      Interior area
      • Total structure area: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: RV Parking, Uncovered, RV Parking
      • Uncovered spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Dryer-Gas, Washer, Water Heater
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 2,539 Square Feet
      • Features: Paved
      Details
      • Parcel number: 59750019800
      • Special conditions: Standard
      • Other equipment: Leased Equipment: Propane from Propane NW

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Condo (1 Level)
      • Property subtype: Single Family Residence, Condominium
      Materials
      • Cement Planked, Stone, Cement Plank
      • Roof: Metal
      Condition
      • Year built: 1980
      • Major remodel year: 1980

      Utilities & green energy

      • Electric: Company: Billed Monthly by Vantage (HOA)
      • Water: Company: Included in Monthly by HOA
      • Utilities for property: Included In Monthly By Hoa

      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, Road Maintenance, Sewer, Water
      • HOA fee: $350 monthly
      • HOA phone: 360-459-5019
      Location
      • Region: Olympia

      Financial & listing details

      • Tax assessed value: $68,500
      • Annual tax amount: $800
      • Date on market: 4/30/2026
      • Cumulative days on market: 99 days
      • Listing terms: Conventional
      • Inclusions: Dishwasher(s), Double Oven, Dryer(s), Leased Equipment, See Remarks, Washer(s)

        Estimated market value

        $274,700

        $261,000 - $288,000

        $1,478/mo

        Price history

        DateEventPrice
        6/12/2026Price change$280,000-5.1%
        Source: eXp Realty #2515594 Report a problem
        4/30/2026Listed for sale$295,000
        Source: NWMLS as distributed by MLS GRID #2515594 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$793 +16.8%$68,500 +0.9%
        2023$679 +4.6%$67,900 +5.6%
        2022$649 -13%$64,300 +4.6%
        2021$747 -2.1%$61,500 +4.8%
        2020$763 +59.2%$58,700 +24.1%
        2019$479 -19.3%$47,300 +15.9%
        2018$594 +17.3%$40,800 +38.3%
        2017$506 $29,500 -17.3%
        2016$506 $35,650 -1.1%
        2014$506 $36,050
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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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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