$949,900
Est. $4,828/mo3 bd•1 ba•2,734 sq ft
500 E Nicole Lane, Shelton, WA 98584
• Listed 2026-04-20•14 days on market
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Based on information submitted to the MLS GRID as of July 7, 2026 at 01:12pm (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.
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Enjoy island seclusion at this lodge-like residence, set on 1 acre of woodsy waterfront. Inside, the home's 2,734 SF FINISHED area features rich wood accents, vaulted ceilings, Milgard windows, and refurbished tongue-and-groove fir floors. The main level offers open-concept living with granite countertop kitchen w/island & adjacent woodstove, while a fireplace (propane) and double sets of French doors anchor the vaulted living room. The main-level primary suite and a bonus room on the main level's opposite side each access the deck via French doors. Jetted tub in the main level (shared) bath. Two lofty upper bedrooms soar with vaulted ceilings, natural light, and open views to the main floor below. Mixed flooring upstairs (fir + OSB). Entertaining extends outside to nearly 700 SF of wrap-around deck. The Western exposure brings sunsets and views of Peale Passage, Squaxin Island, and the Olympic range. A private, tree-lined footpath leads to 142 feet of pebbled shoreline to the mean high water mark; EXCLUDES tideland rights. Cedar shake exterior; a durable 15+ year composition roof. Another 1500+ SF of unfinished basement is currently being modified by permit for storage space. No HOA. Home is a proven, popular vacation rental for those considering an investment property.
Listed by Heidi Skrzypek • Windermere Vashon
Listing updated: July 7, 2026 at 01:12pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2507708
Open houses
No upcoming open houses scheduled for this property.
$956,000
+$6,100 over list price
Nearby comparable homes
RexMont uses 2 strongest recent nearby sales, priced between $925K and $1.05M.
Rental earnings
$2,875/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$925,000Last sold price
211 Se Totten Shores Drive, Shelton, WA 98584

$1,055,000Last sold price
160 E Fern Creek Road, 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.
500 E Nicole Lane, Shelton, WA 98584
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.
Neighborhood mobility
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$5,559 per month
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Shelton 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 very close to list price.
Time on market: The average home goes pending in around 28 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
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.