$499,900
Est. $2,573/mo2 bd•1.5 ba•1,284 sq ft
390 E Lakeshore Drive, Shelton, WA 98584
• Listed 2026-07-07•41 days on market
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of July 8, 2026 at 05:03am (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.
Talk to a local RexMont expert
Avg response under 5 mins
Welcome to a rare waterfront opportunity in the desirable Timberlake Community! This beautiful waterfront lot offers direct lake frontage and the perfect setting to build your dream home, vacation retreat, or investment property (buyer to verify all building and development potential). Enjoy peaceful lake views and direct access to kayaking, fishing, swimming, and year-round recreation right from your own property. This individual waterfront parcel is served by the Timberlake Community water system and offers an exceptional opportunity to own a prime piece of Pacific Northwest waterfront. Timberlake Community amenities include private lakes, parks, beaches, boat launches, a clubhouse, tennis courts, and year-round recreational opportunities. Whether you're looking to build a full-time residence or a weekend getaway, this waterfront property combines natural beauty with outstanding community amenities just minutes from Shelton and an easy commute to Olympia.
Listed by Robert D Cederholm • Realty Pro West LLC
Listing updated: July 8, 2026 at 05:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2550701
Open houses
No upcoming open houses scheduled for this property.
$490,000
-$9,900 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $320K and $379K.
Rental earnings
$1,475/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
$325,000Last sold price
120 E Lakeshore Drive W, 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.
$3,308 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%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
More homes in this area that match your range.
$264,950
40 E Totten Place, Shelton, WA 98584
Ron Conard · Legacy Northwest
$379,000
550 E Lakeshore Drive W, Shelton, WA 98584
Kristine Anderson · eXp Realty
$519,000
740 E Lakeshore Drive East, Shelton, WA 98584
Chase Lipke · Century 21 Van Dorm Realty
$310,000
40 E Herron Place, Shelton, WA 98584
Kristine Anderson · eXp Realty
$320,500
101 E Herron Place, Shelton, WA 98584
Laree Neeley · Windermere Centralia
$589,999
220 E Moore Lane, Shelton, WA 98584
Jill Petty · John L. Scott Shelton
$549,900
550 E Budd Drive, Shelton, WA 98584
Lori L. Brady · RE/MAX Top Executives
$399,900
290 E Budd Drive, Shelton, WA 98584
Hana Sandifer · Realty One Group Bold
$509,000
840 E Timberlake Drive E, Shelton, WA 98584
Christina Janis · Epic Realty
$429,000
121 E Stavis Road, Shelton, WA 98584
Garen Martinson · Keller Williams Greater 360
$499,000
2681 E Timberlake West Drive, Shelton, WA 98584
Kwasi Bowie · John L. Scott, Inc
$489,000
1130 E Timberlake Drive, Shelton, WA 98584
Karen Call · HomeSmart Real Estate Assoc
Shelton 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 27 days.
$395,000 Sold
8 weeks ago
2 bd•1.75 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
2 months 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
5 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
5 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 Aug 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.
