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$2,599,999

  • For Sale
  • Active
  • Single Family
  • 9 Beds
  • 10 Full Baths
  • 2 Partial Baths
  • 16,175 Sq. Ft.

Listed by Michael Morrison | Morrison House Sotheby's Intl | (253) 581-5100

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Unique and one-of-a-kind custom home situated on 40 acres of incredible privacy. Designed as one structure but feels like 2 homes; multi-generational living at its ultimate layout. 2 KITCHENS on main floor with living spaces on each side; each side of the home also has a PRIMARY SUITE ON THE MAIN floor; then upstairs you have a total of 6 Bedrooms ( 3 on each side); all w/ attached baths; Every bedroom is a suite. Additional rec space on the upper level on each side gives both sides a bonus room space w/ attached baths as well. The massive concrete basement allows for extensive storage and hobby spaces. Massive concrete and brick construction means it's highly efficient w/ radiant heat, backup forced-air systems, and high-velocity AIR CONDITIONING. Tons of storage. Outdoors, you have multiple outbuildings for storage; a water cistern for irrigation; fruit trees, garden spaces, and your own PRIVATE ATV trail system. Cost savings are found with the private well, 2 septic systems, and double-thick exterior walls. You will fall in love with the entrance to your own oasis here; unmatched in privacy and design, with easy access to Yelm, Roy, JBLM, and Hwy 507. This is truly unique in the market and provides the ultimate legacy home.

Full Property Details for 17232 148th Ave SE

General

  • Price: $2,599,999
  • Taxes: $16,290 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2531620
  • Updated: 6/8/2026
  • Added to Site: 54 day(s) ago

Interior

  • Interior Features: Second Kitchen, Second Primary Bedroom, Bath Off Primary, Dbl Pane/Storm Window, Dining Room, French Doors, Jetted Tub, Pantry, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
  • Appliances: Dishwasher(s), Garbage Disposal, Refrigerator(s), Trash Compactor
  • Flooring: Ceramic Tile, Concrete, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 12
  • Full Bathrooms: 10
  • Half Bathrooms: 2
  • Upper - Full Baths: 8
  • Main Floor Baths: 4
  • Main - 1/2 Baths: 2

Bedrooms

  • Total Bedrooms: 9
  • Bedrooms Upper: 6
  • Bedrooms Main: 3

Additional Information

  • Amenities: Cable TV, Deck, Fenced-Partially, Gated Entry, High Speed Internet, Irrigation, Outbuildings, Patio, Propane, RV Parking
  • Security/Safety: Partially Fenced, Security Gate

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Covered Spaces: 6
  • Uncovered Spaces: 99
  • Parking Features: Driveway, Attached Garage, Off Street, RV Parking

Location

  • Area: 453 - Yelm/Rainier
  • County: Thurston
  • Subdivision: Yelm
  • Driving Directions: Take Yelm Ave to Bald Hill Rd. - R on Vail Rd, L on 148th. At the end of 148th there is a Y go to L. Unlock Gate and use driveway to home.

School Information

  • High School District: Yelm
  • Elementary School: Prairie Elem
  • Middle School: Ridgeline Mid
  • High School: Yelm High12

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air, Forced Air, Heat Pump
  • Heating Type: Radiant
  • Water Heater: Tankless Propane

Utilities

  • Sewer: Septic Tank
  • Water: Individual Well

Structural Information

  • Architectural Style: Traditional
  • Structure Type: House
  • Exterior Const.: Brick
  • Basement Desc.: Roughed In, Unfinished
  • Foundation: Poured Concrete
  • Roof: Composition
  • Entry Location: Main
  • Square Feet: 16,175
  • Finished Total: 11,547 Sq. Ft.
  • Unfinished Total: 4,628 Sq. Ft.
  • Year Built: 2005
  • Property Condition: Very Good

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 39.9999
  • Lot Size (Sq. Ft.): 1,742,400
  • Lot Size Source: Realist
  • Topography: Level
  • Lot Features: Dead End Street, Secluded
  • Trees/Vegetation: Garden Space, Wooded

Financial Considerations

  • Tax Amount: $16,290
  • Tax Year: 2026
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Garbage Disposal, Refrigerator(s), Trash Compactor
  • Property ID: 22617110101

Listed by Michael Morrison | Morrison House Sotheby's Intl | (253) 581-5100

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Schools serving 17232 148th Ave SE

School District:Yelm Community Schools
NameGradesDistance
Yelm Prairie Elementary School
16535 110th Avenue Southeast, Yelm, WA 98597
K-53.7 mi
Ridgeline Middle School
10605 Carter Street Southeast, Yelm, WA 98597
6-84.6 mi
Yelm High School 12
1315 West Yelm Avenue, Yelm, WA 98597
9-125.8 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 17232 148th Ave SE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/29/2026
Listed
$2,599,999
72.98%
MLS
6/14/2023
Sold
$1,503,089
—
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 17232 148th Ave SE

Year
Property Taxes
Change
Tax Assessment
Change
2026
$5
-90%
$4,650
-1%
2025
$52
-13%
$4,680
4%
2023
$60
2%
$4,490
24%
2021
$59
-11%
$3,630
4%
2020
$66
14%
$3,500
2%
2019
$58
-11%
$3,440
—
2018
$65
5%
$3,440
3%
2017
$62
—
$3,340
5%
2016
$62
2%
$3,180
2%
2015
$61
-3%
$3,120
-1%
2014
$63
—
$3,150
—
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 Michael Morrison | Morrison House Sotheby's Intl | (253) 581-5100

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17232 148th Avenue SE, Yelm, WA 98597 (MLS# 2531620) is a Single Family property with 9 bedrooms, 10 full bathrooms and 2 partial bathrooms. 17232 148th Avenue SE is currently listed for $2,599,999 and was received on May 29, 2026. Want to learn more about 17232 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.

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