$525,000
Listed at $539,0002 bd•1.75 ba•1,808 sq ft
5540 123rd Avenue SE, Tenino, WA 98589
• Listed Apr 9, 2026
RexMont Market Signal for 5540 123rd Avenue SE
Sold price on recordRexMont Market Signal $525,000
Closed sale price · as of May 18, 2026, the day it sold.
Market Signal since the sale
$543,526
Likely $444,147 – $560,323 · tight read · as of November 1, 2026
Estimate, not an appraisal.
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID; King County Assessor records.
Your home value, prepared by the designated broker
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Watching: Tenino $420K–$630K · 2+ bd
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Listing Broker: Olympic Sotheby's Int'l Realty; Benjamin Gaubert; 360-528-4160
Buyer Broker: NextHome South Sound
About this home
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.
Listed by Benjamin Gaubert • Olympic Sotheby's Int'l Realty
Listing updated: June 18, 2026 at 04:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2503976
Open houses
No upcoming open houses scheduled for this property.
Around this home
Property details
Interior features
- Bath Off Primary
- Ceiling Fan(s)
- Dbl Pane/Storm Window
- Loft
- Vaulted Ceiling(s)
- Walk-In Closet(s)
- Wired for Generator
Kitchen
- Dishwasher
- Dryer
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 2 bedrooms total
- 1 on the main level
- 1 upstairs
Bathrooms
- 1 full bathroom
- 1 three-quarter bathroom (shower, no tub)
- 1.75 bathrooms total (NWMLS count)
- 1 on the main level
Layout
- 1 1/2 Story
- 1,808 sq ft finished
- 1,344 sq ft garage
Flooring
- Ceramic Tile
- Laminate
- Carpet
Heating & cooling
- Forced Air heating
- Heat Pump heating
- Heat Pump cooling
Schools
Ratings via SchoolDiggerTenino School District
- Tenino Elementary SchoolPublic · Grades 3-5 · State rank 583 of 1,1384/10
- Tenino Middle SchoolPublic · Grades 6-8 · State rank 349 of 5144/10
- Tenino High SchoolPublic · Grades 9-12 · State rank 217 of 3964/10
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.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Topography
- Level
- Vegetation
- Garden Space, Wooded
Systems
- Energy source
- Electric,Propane,Solar (Unspecified)
- Power production
- Electric, Propane, Solar (Unspecified)
- Irrigation water rights
- No
Green & certifications
- Energy generation
- Solar
Rooms & extras
- Bathtubs
- 1
- Showers
- 2
New construction
- Square footage source
- Realist
- Lot size source
- Realist
Manufactured home
- Land lease
- No
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 5540 123rd Avenue SE
NWMLS via MLS Grid · Thurston County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- May 18, 2026SoldNWMLS via MLS Grid · #2503976$525,000$290/sq ft
- Apr 13, 2026PendingNWMLS via MLS Grid · #2503976$539,000$298/sq ft
- Apr 9, 2026ListedNWMLS via MLS Grid · #2503976$539,000$298/sq ft
- Feb 6, 2019SoldNWMLS via MLS Grid · #1388582$310,000$171/sq ft
- Dec 19, 2018PendingNWMLS via MLS Grid · #1388582$330,000$183/sq ft
- Nov 26, 2018ListedNWMLS via MLS Grid · #1388582$330,000$183/sq ft
Market pulse
Tenino is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 89 days.
Recent sales nearby
Within 1 mile · last 6 months$245,000 Sold
3 weeks ago
2 bd•1 ba•~896 sq ft•Single Family
12131 Sanford Street SE, Tenino, WA 98589
0%
Over list
31
Days on market
0.9 mi
Distance
$390,000 Sold
3 months ago
3 bd•2.75 ba•~1,640 sq ft•Single Family
5903 123rd Avenue SE, Tenino, WA 98589
2%
Under list
33
Days on market
0.3 mi
Distance
$458,500 Sold
4 months ago
3 bd•2 ba•~1,456 sq ft•Single Family
5010 Offut Lake Road SE, Tenino, WA 98589
2%
Over list
74
Days on market
0.4 mi
Distance
$673,000 Sold
5 months ago
3 bd•2 ba•~1,974 sq ft•Single Family
12012 Estates Lane SE, Tenino, WA 98589
1%
Over list
36
Days on market
0.3 mi
Distance
$399,950 Sold
6 months ago
3 bd•2 ba•~1,296 sq ft•Single Family
12127 Collins Street SE, Tenino, WA 98589
0%
Over list
40
Days on market
0.8 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 Nov 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of November 9, 2026 at 12:01 PM PT (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.
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