$499,900
Est. $2,541/mo2 bd•1.5 ba•1,284 sq ft
390 E Lakeshore Drive, Shelton, WA 98584
• Listed 2026-07-07•13 days on market
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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.
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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 $280K and $347K.
Rental earnings
$1,475/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$347,000Last sold price
240 E Mclane Drive, Shelton, WA 98584
$300,000Last sold price
381 E Timberlake 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.
$3,276 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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More homes in this area that match your range.
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Amie Lacher Pickering · Sterling Property Group
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Curtis Gibson · Windermere Prof Partners
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: Sale-vs-list ratio data not available for this area.
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.
