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$1,495,500 -$100,000 (-6.27%) Price Reduced
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Property Description
Welcome to Keystone Ranch in the Evergreen Valley, a gated equestrian estate on nearly 16 private acres where rustic splendor meets refined living minutes from Olympia. Designed for serious equestrians, this exceptional property features a rare attached 9-stall barn with five covered paddocks, two uncovered paddocks, two enclosed stalls, oversized tack room, hot and cold wash rack, LED lighting, and additional space with potential for more stalls. Ride year-round in the 106' x 60' lighted arena, train in the 60' lighted round pen, or practice over the cross-country jumps. Twelve fenced and cross-fenced productive pastures with New Zealand and field fencing, three loafing sheds, gates, breezeway, and frost-free water stations throughout for ranch management. Approximately 2,324 feet of creek frontage, and a covered bird-watching retreat complete this remarkable ranch. The cabin-inspired home offers warm wood accents, a loft-style primary suite, two additional bedrooms, a dedicated office, bonus room, oversized laundry room, granite countertops, newer Bosch appliances, dual tankless water heaters, mini-splits, a new furnace and heat pump, fresh exterior paint, new flooring, and durable metal roofs on both the home and barn. Additional amenities include a fenced dog area, enclosed shop, detached garage, three covered parking structures, RV power hookup, and an owned 500-gallon propane tank. Potential for an ADU and possible subdivision (buyer to verify). No HOA or CCRs.
Full Property Details
Full Property Details for 10407 Evergreen Valley Rd SE
General
- Price: $1,495,500
- Taxes: $5,578 (2026)
- Status: Active
- Type: Farm
- Source: NWMLS
- MLS ID: 2563418
- Updated: 8/17/2026
- Added to Site: 46 day(s) ago
Interior
- Interior Features: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Extra Room, Family/Rec Room, Fireplace, Vaulted Ceiling(s), Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): See Remarks
- Appliances: Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), See Remarks, Stove(s)/Range(s), Washer(s)
Rooms
Bathrooms
- Total Bathrooms: 2
- 3/4 Bathrooms: 2
- Upper - 3/4 Baths: 1
- Main Floor Baths: 1
- Main - 3/4 Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Upper: 1
- Bedrooms Lower: 1
- Bedrooms Main: 1
Additional Information
- Improvements: Deck, Dog Run
- Security/Safety: Cross Fenced, See Remarks, Wire
Parking
- Garage: Yes
- Carports: Yes
- Covered Spaces: 12
- Parking Features: Detached Carport, Detached Garage
Location
- Area: 452 - Thurston Se
- County: Thurston
- Subdivision: Olympia
- Driving Directions: From Yelm Hwy, S on Johnson Rd SE, R on Evergreen Valley Rd SE to property on right.
School Information
- High School District: Yelm
- Elementary School: Southworth Elem
- Middle School: Yelm Mid
- High School: Yelm High12
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Ductless, Heat Pump
- Heating Type: Ductless, Heat Pump, Stove/Free Standing
Utilities
- Sewer: Septic Tank
Structural Information
- Structure Type: House
- Exterior Const.: Wood Products
- Basement Desc.: None
- Foundation: Poured Concrete, Slab
- Roof: Metal
- Square Feet: 2,460
- Finished Total: 2,460 Sq. Ft.
- Year Built: 1980
Lot Features
- Lot Size (Acres): 15.96
- Lot Size (Sq. Ft.): 695,218
- Lot Size Source: Public Records
- Lot Dimensions: Irreg
- Topography: Level
- Land Use: Equestrian
- Fencing (Description): Cross Fenced, See Remarks, Wire
Financial Considerations
- Tax Amount: $5,578
- Tax Year: 2026
- Terms: Cash, Conventional, Farm Home Loan, VA Loan
Disclosures and Reports
- Special Conditions: None
- Inclusions: Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Horse, Microwave(s), Refrigerator(s), See Remarks, Stove(s)/Range(s), Washer(s)
- Property ID: 9350003000
Listed by Amy Plott | Keller Williams South Sound | (360) 786-6900
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Schools
Schools serving 10407 Evergreen Valley Rd SE
School District:Yelm Community Schools
| Name | Grades | Distance |
|---|---|---|
Southworth Elementary School 13849 Yelm Highway Southeast, Yelm, WA 98597 | K-5 | 4.1 mi |
Yelm Middle School 402 West Yelm Avenue, Yelm, WA 98597 | 6-8 | 6.1 mi |
Yelm High School 12 1315 West Yelm Avenue, Yelm, WA 98597 | 9-12 | 5.2 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 10407 Evergreen Valley Rd SE
Date
Details
Price
Change
Source
8/17/2026
Price Reduced
$1,495,500
-6.27%
MLS
7/09/2026
Listed
$1,595,500
112.76%
MLS
10/29/2020
Sold
$749,900
—
Public Record
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 10407 Evergreen Valley Rd SE
Year
Property Taxes
Change
Tax Assessment
Change
2026
$5,578
3%
$778,450
6%
2025
$5,401
19%
$732,400
67%
2021
$4,536
-27%
$438,400
-36%
2023
$6,224
37%
$681,600
90%
2021
$4,536
4%
$358,600
6%
2020
$4,349
25%
$337,900
5%
2019
$3,475
-14%
$322,490
8%
2018
$4,048
13%
$298,440
9%
2017
$3,594
1%
$273,250
6%
2016
$3,557
-2%
$257,550
-1%
2015
$3,624
—
$259,190
2%
2014
$3,642
—
$253,460
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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