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$650,000 Just Listed
Property Description
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.
Full Property Details
Full Property Details for 16005 148th Ave SE
General
- Price: $650,000
- Taxes: $3,417 (2026)
- Status: Active
- Type: Single Family
- Source: NWMLS
- MLS ID: 2538979
- Updated: 6/13/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Walk-In Closet(s), Water Heater, Wired for Generator
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Pellet Stove, Wood Burning
- Appliances: Dishwasher(s), Double Oven, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
- Flooring: Ceramic Tile, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
- Main Floor Baths: 2
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Additional Information
- Amenities: Barn, Cabana/Gazebo, Deck, Dog Run, Fenced-Fully, Green House, High Speed Internet, Outbuildings, RV Parking, Shop
- Security/Safety: Fully Fenced
Parking
- Garage: Yes
- Attached garage: Yes
- Covered Spaces: 6
- Parking Features: Attached Garage, RV Parking
Location
- Area: 453 - Yelm/Rainier
- County: Thurston
- Subdivision: Yelm Rural
- Driving Directions: GPS Friendly
School Information
- High School District: Yelm
- Elementary School: Fort Stevens Elem
- Middle School: Yelm Mid
- High School: Yelm High12
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Wall Furnace
- Water Heater: Electric
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: 2,044
- Finished Total: 2,044 Sq. Ft.
- Year Built: 1973
Lot Features
- Property View: Territorial
- Lot Size (Acres): 2
- Lot Size (Sq. Ft.): 87,120
- Lot Size Source: Public Records
- Topography: Equestrian, Level
- Lot Features: Paved, Secluded
- Trees/Vegetation: Garden Space, Pasture
Financial Considerations
- Tax Amount: $3,417
- Tax Year: 2026
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: None
- Inclusions: Dishwasher(s), Double Oven, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
- Property ID: 22618420200
Listed by Cynthia Schmier | RE/MAX Country | (360) 400-3475 and Adam Schmier | RE/MAX Country | (360) 400-3475
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Schools
Schools serving 16005 148th Ave SE
School District:Yelm Community Schools
| Name | Grades | Distance |
|---|---|---|
Yelm Prairie Elementary School 16535 110th Avenue Southeast, Yelm, WA 98597 | K-5 | 3.8 mi |
Ridgeline Middle School 10605 Carter Street Southeast, Yelm, WA 98597 | 6-8 | 4.3 mi |
Yelm High School 12 1315 West Yelm Avenue, Yelm, WA 98597 | 9-12 | 5.5 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 16005 148th Ave SE
Date
Details
Price
Change
Source
6/12/2026
Listed
$650,000
78.08%
MLS
5/08/2019
Sold
$365,000
—
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 16005 148th Ave SE
Year
Property Taxes
Change
Tax Assessment
Change
2026
$92
-97%
$471,400
—
2025
$3,502
-6%
$471,600
33%
2021
$3,720
-8%
$354,100
-18%
2023
$4,065
9%
$434,300
47%
2021
$3,720
21%
$295,800
25%
2020
$3,080
13%
$237,200
-6%
2019
$2,729
-16%
$252,100
6%
2018
$3,238
21%
$238,200
18%
2017
$2,674
5%
$202,000
10%
2016
$2,547
1%
$183,000
3%
2015
$2,510
12%
$177,700
17%
2014
$2,235
—
$152,250
—
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 16005 148th Ave SE
16005 148th Avenue SE, Yelm, WA 98597 (MLS# 2538979) is a Single Family property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 16005 148th Avenue SE is currently listed for $650,000 and was received on June 12, 2026. Want to learn more about 16005 148th Avenue SE? Do you have questions about finding other Single Family real estate for sale in Yelm? You can browse all Yelm real estate or contact a Coldwell Banker agent to request more information.
