$775,000
2 bd•1 ba•1,300 sq ft
40 E Martha Reed Way, Shelton, WA 98584
• Listed 2025-08-07
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Charming log-sided lakefront home with 61 feet of low-bank waterfront, private dock, and boat house! This 2-bedroom home features an open loft with space to another room or create a stunning primary suite. Enjoy a spacious deck and built-in outdoor kitchen—perfect for entertaining. A finished shed serves as a cozy guest room. Ample parking includes a 2-car garage, 2 carports (fits 4 vehicles), and a 1,050 sq ft shop with 3 bays—lift can convey with full-price offer. Plenty of room for your water toys and hobbies. Experience the best of lakefront living!
Listed by Sue Garrick • RE/MAX Top Executives
Listing updated: October 18, 2025 at 04:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2418080
Neighborhood mobility
Pioneer #402 School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Shelton is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 30 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 18, 2025 at 04:03am (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.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (1)
See more →
Open Sat, Sep 19$406,000
-$369,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $395K and $775K.
Rental earnings
$1,225/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$775,000Last sold price
40 E Martha Reed Way, Shelton, WA 98584
$505,000Last sold price
180 E Osprey Lane, Shelton, WA 98584
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.
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