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$539,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,808 Sq. Ft.
  • Updated 1 day ago

Listed by Benjamin Gaubert | Olympic Sotheby's Int'l Realty | (360) 528-4160

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Stunning custom cedar home with expansive shop on a shy acre in the peaceful Offut Lake community. Soaring ceilings with exposed beams and wood paneling are illuminated by the sprawling wall of windows upon entry. Beautifully redesigned kitchen built with entertaining in mind features large center island with wrap around seating, SS appliances and tile backsplash. Primary bedroom loft with ¾ bath and walk in closet. Bonus room in the back of the home with wood stove can be used as a second living area, guest room or as the space needed to satisfy your lifestyle needs. Heated 52'X24' shop with workbenches perfect for the woodworker, car collector or any hobbyist that needs more space. Shop built with 2 sets of garage doors offers the flexibility to separate the space into different areas. Stretch out in the fully fenced level backyard and let your garden dreams come to fruition this spring! Recent updates include full kitchen remodel, net metered solar energy system, laminate flooring and 30yr roof.

Full Property Details for 5540 123rd Ave SE

General

  • Price: $539,000
  • Taxes: $4,268 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2503976
  • Updated: 4/9/2026
  • Added to Site: 2 day(s) ago

Interior

  • Interior Features: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Loft, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Generator
  • Fireplace(s): Wood Burning
  • Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Flooring: Ceramic Tile, Laminate, Carpet

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 1
  • Upper - 3/4 Baths: 1
  • Main Floor Baths: 1

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Upper: 1
  • Bedrooms Main: 1

Additional Information

  • Amenities: Cable TV, Deck, Fenced-Fully, High Speed Internet, Outbuildings, Propane, RV Parking, Shop
  • Security/Safety: Fully Fenced

Parking

  • Garage: Yes
  • Covered Spaces: 4
  • Parking Features: Detached Garage, RV Parking

Location

  • Area: 454 - Thurston South
  • County: Thurston
  • Subdivision: Offut Lake
  • Driving Directions: I5 exit to 93rd Ave and head east. Turn right on HWY 99 & hang a left on Waldrick. Drive past Offut Lake & take a right on Offut Lake Rd then a left on 123rd Ave. House on right up circular driveway.

School Information

  • High School District: Tenino
  • Elementary School: Tenino Elem
  • Middle School: Tenino Mid
  • High School: Tenino High

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Heat Pump
  • Heating Type: Forced Air, Heat Pump

Utilities

  • Sewer: Septic Tank
  • Water: Individual Well

Structural Information

  • Structure Type: House
  • Exterior Const.: Wood
  • Basement Desc.: None
  • Foundation: Poured Concrete
  • Roof: Composition
  • Entry Location: Main
  • Square Feet: 1,808
  • Finished Total: 1,808 Sq. Ft.
  • Year Built: 1988

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.9567
  • Lot Size (Sq. Ft.): 41,675
  • Lot Size Source: Realist
  • Topography: Level
  • Lot Features: Dead End Street
  • Trees/Vegetation: Garden Space, Wooded

Green Features

  • Energy Generation: Solar

Financial Considerations

  • Tax Amount: $4,268
  • Tax Year: 2026
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Property ID: 11733430101

Listed by Benjamin Gaubert | Olympic Sotheby's Int'l Realty | (360) 528-4160

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Schools serving 5540 123rd Ave SE

School District:Tenino School District
NameGradesDistance
Tenino Elementary School
301 Old Highway 99 Southeast, Tenino, WA 98589
3-53.8 mi
Parkside Elementary School, Tenino, WA
301 West Central Avenue, Tenino, WA 98589
PK-24.1 mi
Tenino Middle School
301 Old Highway 99 Southeast, Tenino, WA 98589
6-83.8 mi
Tenino High School
500 West 2nd Avenue, Tenino, WA 98589
9-124.2 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 5540 123rd Ave SE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/09/2026
Listed
$539,000
73.87%
MLS
2/04/2019
Sold
$310,000
—
Public Record
Get Price Alerts and Save Property
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 for 5540 123rd Ave SE

Year
Property Taxes
Change
Tax Assessment
Change
2026
$91
-98%
$461,500
-3%
2025
$4,345
13%
$476,600
48%
2021
$3,848
4%
$321,000
-21%
2023
$3,715
-3%
$406,500
22%
2021
$3,848
20%
$332,600
21%
2020
$3,211
340%
$274,900
-6%
2019
$729
-79%
$292,900
10%
2018
$3,438
10%
$267,100
7%
2017
$3,117
9%
$248,950
10%
2016
$2,859
14%
$225,950
4%
2015
$2,501
-9%
$216,650
-7%
2014
$2,759
—
$233,050
—
View All
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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Listed by Benjamin Gaubert | Olympic Sotheby's Int'l Realty | (360) 528-4160

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5540 123rd Avenue SE, Tenino, WA 98589 (MLS# 2503976) is a Single Family property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 5540 123rd Avenue SE is currently listed for $539,000 and was received on April 09, 2026. Want to learn more about 5540 123rd Avenue SE? Do you have questions about finding other Single Family real estate for sale in Tenino? You can browse all Tenino real estate or contact a Coldwell Banker agent to request more information.

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