Don't let the bedroom count fool you—this is so much more than a home. Set on 2 fully fenced and cross-fenced acres just minutes from downtown Yelm and Lawrence Lake, this turnkey hobby farm is ready for horses, goats, chickens, pigs, and more. Multiple stalls, established livestock areas, convenient watering stations, and open pasture make it easy to bring your farming or homesteading dreams to life. A detached 4-car garage offers exceptional space for vehicles, equipment, RVs, toys, or a workshop. Inside, the open-concept rambler lives large with expansive pasture views and a covered back porch perfect for relaxing or watching your animals. The spacious bedrooms include one with a Murphy bed, offering flexibility for guests or a home office. Recent upgrades include a brand-new roof and gutters, updated plumbing, and hot and cold exterior water spigots for added convenience. Enjoy peaceful country living with an easy commute to JBLM, Mount Rainier recreation, shopping, and local amenities. Properties offering this combination of acreage, infrastructure, updates, and location are hard to find. Move in, bring your animals, and start living the lifestyle you've been waiting for!
Active
Listed by: RE/MAX Country • Cynthia Schmier
Price cut: $5K (8/31)
$595,000
16005 148th Avenue SE, Yelm, WA 98597
2beds
2,044sqft
Single Family Residence
Built in 1973
2 Acres Lot
$636,500 Zestimate®
$291/sqft
$-- HOA
What's special
Established livestock areasConvenient watering stationsOpen pastureMultiple stallsOpen-concept ramblerExpansive pasture viewsUpdated plumbing
- 83 days
- 581
- 57
Zillow last checked:
Listing updated:
Listed by:
Cynthia Schmier,
RE/MAX Country,
Adam Schmier,
RE/MAX Country
Source: NWMLS as distributed by MLS GRID,MLS#: 2538979
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Other
- Level: Main
Bonus room
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Baseboard, Wall Furnace, Electric, Pellet, Wood
Cooling
- None
Appliances
- Included: Dishwasher, Double Oven, Microwave, Refrigerator, Stove(s)/Range(s), Dishwasher(s), Microwave(s), Refrigerator(s), Water Heater: Electric, Water Heater Location: Garage
Features
- Bath Off Primary, Ceiling Fan(s), Dining Room
- Flooring: Ceramic Tile, Laminate
- Doors: French Doors
- Windows: Dbl Pane/Storm Window
- Basement: None
- Number of fireplaces: 2
- Fireplace features: Pellet Stove, Wood Burning, Lower Level: 1, Main Level: 1, Fireplace
Interior area
- Total structure area: 2,044
- Total interior livable area: 2,044 sqft
Property
Parking
- Total spaces: 6
- Parking features: Attached Garage, RV Parking
- Has attached garage: Yes
- Covered spaces: 6
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Walk-In Closet(s), Water Heater, Wired for Generator
- Has view: Yes
- View description: Territorial
Lot
- Size: 2 Acres
- Features: Paved, Secluded, Barn, Cabana/Gazebo, Deck, Dog Run, Fenced-Fully, Green House, High Speed Internet, Outbuildings, RV Parking, Shop
- Topography: Equestrian,Level
- Residential vegetation: Garden Space, Pasture
Details
- Parcel number: 22618420200
- Special conditions: Standard
- Other equipment: Wired for Generator
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1973
- Major remodel year: 1973
Utilities & green energy
- Sewer: Septic Tank
- Water: Individual Well
Community & HOA
Community
- Subdivision: Yelm Rural
Location
- Region: Yelm
Financial & listing details
- Price per square foot: $291/sqft
- Tax assessed value: $471,600
- Annual tax amount: $3,417
- Date on market: 6/11/2026
- Cumulative days on market: 85 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Double Oven, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Estimated market value
$636,500
$605,000 - $668,000
$2,312/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Price change | $595,000-0.8%$291/sqft |
Source:  NWMLS as distributed by MLS GRID #2538979 Report a problem | ||
| 8/1/2026 | Price change | $600,000-7.7%$294/sqft |
Source: NWMLS as distributed by MLS GRID #2538979 Report a problem | ||
| 6/13/2026 | Listed for sale | $650,000+78.1%$318/sqft |
Source: NWMLS as distributed by MLS GRID #2538979 Report a problem | ||
| 5/10/2019 | Sold | $365,000$179/sqft |
Source: NWMLS as distributed by MLS GRID #1434770 Report a problem | ||
| 4/16/2019 | Pending sale | $365,000$179/sqft |
Source: Van Dorm Realty, Inc. #1434770 Report a problem | ||
| 4/5/2019 | Listed for sale | $365,000+72.4%$179/sqft |
Source: Van Dorm Realty, Inc. #1434770 Report a problem | ||
| 12/14/2018 | Sold | $211,661+69.3%$104/sqft |
Source: Public Record Report a problem | ||
| 3/30/2000 | Sold | $125,000$61/sqft |
Source: NWMLS as distributed by MLS GRID #33169940 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,502 -18.5% | $471,600 +6.3% |
| 2023 | $4,299 +5.7% | $443,800 +2.2% |
| 2022 | $4,065 +4.5% | $434,300 +22.6% |
| 2021 | $3,892 +4.6% | $354,100 +19.7% |
| 2020 | $3,720 +36.3% | $295,800 +24.7% |
| 2019 | $2,729 -15.7% | $237,200 -5.9% |
| 2018 | $3,238 +29% | $252,100 +24.8% |
| 2017 | $2,510 | $202,000 +10.4% |
| 2016 | $2,510 | $183,000 +3% |
| 2014 | $2,510 | $177,700 +16.7% |
| 2013 | -- | $152,250 |
| 2012 | $2,276 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $2,188 | -- |
| 2008 | -- | -- |
| 2007 | $2,601 -28.3% | -- |
| 2006 | $3,628 +54.4% | -- |
| 2005 | $2,350 | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
| 2001 | $1,848 -0.9% | $128,900 |
| 2000 | $1,865 | $128,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98597
Nearby schools
Schools provided by the listing agent
- Elementary: Fort Stevens Elem
- Middle: Yelm Mid
- High: Yelm High12
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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