$675,000
Est. $3,431/mo2 bd•1.5 ba•1,284 sq ft
390 E Lakeshore Drive, Shelton, WA 98584
• Listed 2026-06-30•14 days on market
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Welcome to this charming lakefront retreat in the desirable Timberlake Community! This 2-bedroom, 2-bath home offers peaceful waterfront living with beautiful lake views and a spacious two-story layout. Enjoy relaxing on the deck overlooking the water, or take advantage of direct access for kayaking, fishing, swimming, and year-round recreation. This rare offering includes two waterfront tax parcels totaling 18,294 square feet, providing an exceptional opportunity to own an oversized lakefront property. Both waterfront parcels are served by the Timberlake community water system and each has its own septic system, offering outstanding flexibility for future use or development (buyer to verify). Timberlake Community amenities include private lakes, parks, beaches, boat launches, a clubhouse, tennis courts, and year-round recreational opportunities. Whether you're looking for a full-time residence, weekend getaway, or investment opportunity, this unique property offers the very best of Pacific Northwest lake living just minutes from Shelton and an easy commute to Olympia.
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (1)
See more →$662,000
-$13,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $347K and $469K.
Rental earnings
$1,975/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$378,700Last sold price
130 E Agate Drive, Shelton, WA 98584
$347,000Last sold price
240 E Mclane Drive, 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.
390 E Lakeshore Drive, 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
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$4,528 per month
Great rateTakes about 5 minutes & won't affect your credit
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of July 7, 2026 at 12:13pm (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.
Listed by Robert D Cederholm • Realty Pro West LLC
Listing updated: July 7, 2026 at 12:13pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2546186
$790,000
51 E Sinclair Place, Shelton, WA 98584
Krystyna Ochnik · Windermere PeninsulaProperties
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.
$395,000 Sold
4 weeks ago
2 bd•1 ba•~1,404 sq ft•Single Family
230 E Stavis Road, Shelton, WA 98584
1%
Over list
—
Days on market
0.5 mi
Distance
$175,000 Sold
5 weeks ago
•Single Family
120 E Old Farm Road, Shelton, WA 98584
27%
Under list
—
Days on market
0.8 mi
Distance
$1,275 Sold
4 months ago
2 bd•1 ba•Single Family
480 E Timberlake Drive, Shelton, WA 98584
0%
Over list
—
Days on market
0.2 mi
Distance
$336,000 Sold
4 months ago
3 bd•2 ba•~1,404 sq ft•Single Family
80 E Carr Place E, Shelton, WA 98584
1%
Under list
—
Days on market
0.3 mi
Distance
$324,950 Sold
4 months ago
3 bd•2 ba•~1,344 sq ft•Single Family
561 E Lakeshore Drive E, Shelton, WA 98584
0%
Over list
—
Days on market
0.3 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
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.
