Exceptional investment opportunity w/established & turnkey Airbnb! Fully furnished - just built in 2023. Better than new construction. Thousands in improvements & full year of financials available. Self-managed, it's pushing ~9.9% cap rate. 2024's income: ~$92k (gross) - NOI: ~$62k! This included 76 black-out days in 2024, which are no longer a 2025 factor w/property management. Potential to improve cleaning fees by $20 per turn. Utilize a property management company & still land a mid-7s+ cap rate. All personal property, appliances, equipment, hot tub, EVSE hook-up, cameras, supplies & seller will transfer photos, videos/media to buyer. A/C, heat pump. Great personal vacation home as well. Active Airbnb please DO NOT disturb guests!
Sold
Listed by: Skyline Properties, Inc. • Ben P Eklund
Bought with: Coldwell Banker Bain
$635,000
55509 311th Avenue Ct E, Ashford, WA 98304
2beds
1,085sqft
Single Family Residence
Built in 2023
0.33 Acres Lot
$535,700 Zestimate®
$585/sqft
$2,484 Estimated rent
Home value
$535,700
$493,000 - $584,000
$2,484/mo
Zestimate® history
Owner options
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$3,898/mo
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Heat pumpEvse hook-upHot tub
Zillow last checked:
Listing updated:
Offers reviewed: Mar 25
Listed by:
Ben P Eklund,
Skyline Properties, Inc.
Bought with:
Tyler Vlasak, 128999
Coldwell Banker Bain
Source: NWMLS as distributed by MLS GRID,MLS#: 2346827
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Main
Bathroom three quarter
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Heating
- Fireplace, 90%+ High Efficiency, Forced Air, Heat Pump, Electric, Propane
Cooling
- 90%+ High Efficiency
Appliances
- Included: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Water Heater: electric, Water Heater Location: closet
Features
- Ceiling Fan(s), Dining Room, Loft
- Flooring: Vinyl Plank
- Windows: Double Pane/Storm Window
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,085
- Total interior livable area: 1,085 sqft
Property
Parking
- Parking features: Driveway, RV Parking
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace, Loft, Water Heater
- Has spa: Yes
Lot
- Size: 0.33 Acres
- Features: Dead End Street, Deck, Electric Car Charging, Fenced-Partially, Gas Available, High Speed Internet, Hot Tub/Spa, Patio, Propane, RV Parking
- Topography: Level
- Residential vegetation: Garden Space
Details
- Parcel number: 3615221020
- Zoning: VR
- Special conditions: Standard
- Other equipment: Leased Equipment: propane tank
Construction
Type & style
- Home type: SingleFamily
- Architectural style: A-Frame,2 Story
- Property subtype: Single Family Residence
Materials
- Cement Planked, Metal/Vinyl, Cement Plank
- Foundation: Poured Concrete
- Roof: Metal
Condition
- Very Good
- Year built: 2023
- Major remodel year: 2023
Utilities & green energy
- Electric: Company: Lewis PUD
- Sewer: Septic Tank, Company: Septic
- Water: Public, Company: Ashford Water
- Utilities for property: Starlink
Community & HOA
Community
- Subdivision: Echo Valley
Location
- Region: Ashford
Financial & listing details
- Price per square foot: $585/sqft
- Tax assessed value: $402,700
- Annual tax amount: $3,421
- Offers reviewed: 03/25/2025
- Date on market: 5/4/2025
- Cumulative days on market: 444 days
- Listing terms: Conventional
- Inclusions: Dishwasher(s), Dryer(s), LeasedEquipment, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Total actual rent: 7624
Price history
| Date | Event | Price |
|---|---|---|
| 4/8/2025 | Sold | $635,000+1.6%$585/sqft |
Source:  NWMLS as distributed by MLS GRID #2346827 Report a problem | ||
| 3/26/2025 | Pending sale | $625,000$576/sqft |
Source: NWMLS as distributed by MLS GRID #2346827 Report a problem | ||
| 3/20/2025 | Listed for sale | $625,000+1026.1%$576/sqft |
Source: NWMLS as distributed by MLS GRID #2346827 Report a problem | ||
| 9/6/2022 | Sold | $55,500-22.9%$51/sqft |
Source: NWMLS as distributed by MLS GRID #1947109 Report a problem | ||
| 8/5/2022 | Pending sale | $72,000$66/sqft |
Source: NWMLS as distributed by MLS GRID #1947109 Report a problem | ||
| 7/18/2022 | Price change | $72,000-9.4%$66/sqft |
Source: NWMLS as distributed by MLS GRID #1947109 Report a problem | ||
| 6/6/2022 | Listed for sale | $79,500+114.9%$73/sqft |
Source: NWMLS as distributed by MLS GRID #1947109 Report a problem | ||
| 6/6/2022 | Listing removed | -- |
Source: FSBO-Online.com Report a problem | ||
| 6/2/2022 | Listed for sale | $37,000$34/sqft |
Source: FSBO-Online.com Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,958 +10.4% | $402,700 +10.2% |
| 2024 | $3,585 +106.6% | $365,400 +117.5% |
| 2023 | $1,735 +430.1% | $168,000 +428.3% |
| 2022 | $327 +14.9% | $31,800 +37.7% |
| 2021 | $285 +69.4% | $23,100 +55% |
| 2019 | $168 -50% | $14,900 +15.5% |
| 2018 | $336 -2.6% | $12,900 +35.8% |
| 2017 | $345 +131.6% | $9,500 +21.8% |
| 2016 | $149 | $7,800 -14.3% |
| 2014 | $149 +9.4% | $9,100 +30% |
| 2013 | $136 | $7,000 -6.7% |
| 2012 | -- | $7,500 |
Find assessor info on the county website
Neighborhood: 98304
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Nearby schools
GreatSchools rating
- 5/10Columbia Crest Elementary SchoolGrades: K-8Distance: 4.2 mi
- 6/10Eatonville High SchoolGrades: 9-12Distance: 14.2 mi
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Estimated market value
$535,700
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$535,700
- Washington
- Pierce County
- Ashford
- 98304
- 55509 311th Avenue Ct E
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