$595,000
Est. $3,075/mo2 bd•1.5 ba•2,044 sq ft
16005 148 Avenue Se, Yelm, WA 98597
• Listed 2026-06-12•9 days on market
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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: August 31, 2026 at 11:12am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2538979
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
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.
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$3,509 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Yelm is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 17 days.
$95,000 Sold
6 weeks 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 Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of August 31, 2026 at 11:12am (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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Open houses
Nearby open houses (7)
See more →
Open Sat, Sep 12
Open Sat, Sep 12
Open Sat, Sep 12$650,000
+$55,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $440K and $723K.
Rental earnings
$1,950/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$723,000Last sold price
15642 159th Lane Se, Yelm, WA 98597
$440,000Last sold price
15835 Jade Street 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.
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