Opportunities like this are rare! Nestled on 2 picturesque acres just minutes from the heart of Yelm and a short drive to Lawrence Lake, this turnkey hobby farm is ready for your dreams to take root. Whether you're looking to raise a few animals, start a small homestead, or expand your existing farm operation, this versatile property offers the space and infrastructure to make it happen. The fully fenced and cross-fenced acreage includes accommodations for horses, goats, pigs, and other livestock, with multiple stall options and conveniently located watering stations throughout the property. A detached four-car garage provides ample space for vehicles, equipment, recreational toys, or workshop needs. Inside, the open-concept rambler offers comfortable country living with beautiful views of your private pasture. Enjoy morning coffee or evening sunsets from the covered back porch while keeping an eye on your animals and enjoying the peaceful rural setting. The home features two generously sized bedrooms, including one with a Murphy bed for added flexibility and storage. Recent updates provide peace of mind, including a brand-new roof and gutters, updated plumbing, and exterior hot and cold water spigots. Conveniently located with an easy commute to JBLM, Mount Rainier recreation, and local agricultural amenities, this move-in-ready hobby farm combines rural charm with everyday convenience. Bring your animals, your hobbies, and your vision—this is country living at its finest.
Active
Listed by: RE/MAX Country • Cynthia Schmier
$650,000
16005 148th Avenue SE, Yelm, WA 98597
2beds
2,044sqft
Single Family Residence
Built in 1973
2 Acres Lot
$636,500 Zestimate®
$318/sqft
$-- HOA
What's special
Detached four-car garageOpen-concept ramblerComfortable country livingUpdated plumbingTwo generously sized bedroomsCovered back porchBrand-new roof and gutters
- 35 days |
- 328 |
- 39 |
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
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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: $318/sqft
- Tax assessed value: $471,600
- Annual tax amount: $3,417
- Date on market: 6/11/2026
- Cumulative days on market: 37 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
$2,432/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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
GreatSchools rating
- 6/10Yelm Prairie Elementary SchoolGrades: PK-5Distance: 3.8 mi
- 7/10Ridgeline Middle SchoolGrades: 6-8Distance: 4.3 mi
- 4/10Yelm High School 12Grades: 9-12Distance: 5.6 mi
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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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