$650,000
Est. $3,342/mo2 bd•1.5 ba•2,044 sq ft
16005 148 Avenue Se, Yelm, WA 98597
• Listed 2026-06-12•8 days on market
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Based on information submitted to the MLS GRID as of July 22, 2026 at 02:57pm (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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Don't let the bedroom count fool you—this is so much more than a home. Set on 2 fully fenced and cross-fenced acres just minutes from downtown Yelm and Lawrence Lake, this turnkey hobby farm is ready for horses, goats, chickens, pigs, and more. Multiple stalls, established livestock areas, convenient watering stations, and open pasture make it easy to bring your farming or homesteading dreams to life. A detached 4-car garage offers exceptional space for vehicles, equipment, RVs, toys, or a workshop. Inside, the open-concept rambler lives large with expansive pasture views and a covered back porch perfect for relaxing or watching your animals. The spacious bedrooms include one with a Murphy bed, offering flexibility for guests or a home office. Recent upgrades include a brand-new roof and gutters, updated plumbing, and hot and cold exterior water spigots for added convenience. Enjoy peaceful country living with an easy commute to JBLM, Mount Rainier recreation, shopping, and local amenities. Properties offering this combination of acreage, infrastructure, updates, and location are hard to find. Move in, bring your animals, and start living the lifestyle you've been waiting for!
Listed by Cynthia Schmier • RE/MAX Country
Listing updated: July 22, 2026 at 02:57pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2538979
Open houses
Nearby open houses (8)
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Open Sat, Aug 1
Open Sat, Aug 1 +8
Open Sat, Aug 1 +8
Open Sat, Aug 1 +8
Open Sat, Aug 1 +8$654,000
+$4,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $474K and $723K.
Rental earnings
$1,950/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$578,950Last sold price
15428 Bornstein Lane Se, Yelm, WA 98597
$474,000Last sold price
16549 Hickory Lane Se, Yelm, WA 98597
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.
16005 148 Avenue Se, Yelm, WA 98597
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
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$3,790 per month
Great rateTakes about 5 minutes & won't affect your credit
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Yelm 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 15 days.
$95,000 Sold
1 day ago
•Single Family
15718 153rd Avenue Se, Yelm, WA 98597
4%
Under list
—
Days on market
0.5 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 Jul 2026
Yelm 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.
