$55,000
Est. $278/mo1281 State Route 505, Toledo, WA 98591
• Listed 2024-10-31•36 days on market
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Serenity at your finger tips! This beautiful almost half acre land already has the leg work started. Steps away from Bill Creek, and a paved walking trail. Property has been partially cleared and driveway put in. Owner had previously approved building permits with Lewis County for a new home in 2017, but never started the build. At the north side of the property clearing is a new 11x24 shed that stays with property. Easy access off the road, but tucked away for a beautiful park like land. Buyer to do due diligence and check with City of Toledo for allowable usage.
Open houses
No upcoming open houses scheduled for this property.
$367,000
+$312,000 over list price
Nearby comparable homes
RexMont uses 2 strongest recent nearby sales, priced between $175K and $559K.1 outlier sale was excluded from this snapshot.
Rental earnings
$1,100/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$175,000Last sold price
422 N 5th Street, Toledo, WA 98591

$559,000Last sold price
227 Mallard Lane, Toledo, WA 98591
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
1281 State Route 505, Toledo, WA 98591
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 4, 2026 at 05:35pm (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Listed by Katie Moore • John L. Scott CNT
Listing updated: May 4, 2026 at 05:35pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2307156
Toledo is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells for about 2% below list price.
Time on market: The average home goes pending in around 20 days.
$329,000 Sold
2 weeks ago
2 bd•1.5 ba•~1,144 sq ft•Single Family
301 Cedar Street, Toledo, WA 98591
0%
Over list
—
Days on market
0.8 mi
Distance
$325,000 Sold
2 weeks ago
3 bd•1 ba•~980 sq ft•Single Family
430 Maple Street, Toledo, WA 98591
3%
Under list
—
Days on market
0.7 mi
Distance
$339,000 Sold
3 weeks ago
2 bd•1.5 ba•~1,030 sq ft•Single Family
450 Cedar Street, Toledo, WA 98591
0%
Over list
—
Days on market
0.7 mi
Distance
$570,000 Sold
8 weeks ago
3 bd•1 ba•~1,296 sq ft•Single Family
142 Drews Prairie Road, Toledo, WA 98591
2%
Under list
—
Days on market
0.9 mi
Distance
$680,000 Sold
5 months ago
3 bd•1 ba•~3,038 sq ft•Single Family
220 Plomondon Road, Toledo, WA 98591
3%
Under list
—
Days on market
0.4 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.