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$435,000 Just Listed
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Property Description
Own the Historic 1900 Alder Schoolhouse! A rare opportunity to own one of Eatonville's most recognizable landmarks. Originally built in 1900 as the Alder Schoolhouse, this iconic property blends historic charm with outstanding commercial potential just moments from beautiful Alder Lake. Enjoy lake views and a prime location within walking distance to the Alder grocery store and public boat launch. Situated on Mountain Highway (SR-7), the primary route to Mount Rainier National Park, the property offers exceptional visibility and exposure to year-round tourism, including campers, boaters, anglers, hikers, and local residents. Whether you envision a café, brewery, boutique retail shop, gallery, event venue, vacation rental, professional office, or outdoor recreation business, this commercially zoned property offers endless possibilities. Rich in character and history, the original schoolhouse provides a setting that simply can't be replicated. Commercial properties with this combination of historic significance, lake views, prime location, and investment potential rarely become available. Preserve a treasured piece of Alder's history while bringing your vision to life in one of Pierce County's premier recreation destinations.
Full Property Details
Full Property Details for 50208 Mountain Hwy E
General
- Price: $435,000
- Taxes: $3,122 (2022)
- Status: Active
- Type: Industrial
- Source: NWMLS
- MLS ID: 2563022
- Updated: 8/2/2026
- Added to Site: 6 day(s) ago
Interior
- Flooring: Concrete, Hardwood
Location
- Area: 126 - Alder
- County: Pierce
- Subdivision: Alder Lake
- Driving Directions: Use the GPS property is on the R if you are headed south on Mountain HWY.
Heating & Cooling
- Heating Type: Stove/Free Standing
Utilities
- Sewer: Septic Tank
- Water: Community
Structural Information
- Structure Type: Unspecified
- Exterior Const.: Wood
- Foundation: Poured Concrete
- Roof: Metal
- Year Built: 1900
- Property Condition: Average
Lot Features
- Lot Size (Acres): 0.94
- Lot Size (Sq. Ft.): 40,946
- Lot Size Source: Public Records
- Lot Dimensions: 40946 Sq Ft
- Topography: Level, Sloped
- Trees/Vegetation: Wooded
- Zoning: Commercial, Residential
Financial Considerations
- Tax Amount: $3,122
- Tax Year: 2022
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 415102017
Listed by Karen M. Carr | John L. Scott Orting | (360) 893-3380
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Schools
Schools serving 50208 Mountain Hwy E
School District:Eatonville School District
| Name | Grades | Distance |
|---|---|---|
Columbia Crest Elementary School 24503 State Route 706 E, Ashford, WA 98304 | K-8 | 9.1 mi |
Eatonville High School 302 Mashell Avenue North, Eatonville, WA 98328 | 9-12 | 5.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 50208 Mountain Hwy E
Date
Details
Price
Change
Source
7/31/2026
Listed
$435,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 50208 Mountain Hwy E
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,325
—
$327,000
-2%
2025
$3,325
9400%
$335,200
8%
2024
$35
—
$310,700
14%
2023
$35
—
$272,700
35%
2022
$35
21%
$202,500
22%
2021
$29
—
$165,800
28%
2020
$29
7%
$129,800
—
2018
$27
—
$130,300
14%
2018
$27
4%
$114,100
10%
2017
$26
4%
$104,200
-3%
2015
$25
—
$107,500
11%
2014
$25
—
$96,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 50208 Mountain Hwy E
50208 Mountain Highway E, Eatonville, WA 98328 (MLS# 2563022) is a Industrial property. 50208 Mountain Highway E is currently listed for $435,000 and was received on July 31, 2026. Want to learn more about 50208 Mountain Highway E? Do you have questions about finding other Industrial real estate for sale in Eatonville? You can browse all Eatonville real estate or contact a Coldwell Banker agent to request more information.

