$325,000
Est. $1,671/mo2 bd•1.75 ba•1,958 sq ft
280 W Satsop Drive, Elma, WA 98541
• Listed 2026-07-28•New today
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Based on information submitted to the MLS GRID as of July 30, 2026 at 04:03pm (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.
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Nestled on over an acre in the desirable Star Lake community, this unique property offers endless potential and a rare opportunity to create your dream retreat. Featuring its own private 70-foot pond, the home provides a peaceful setting where you can relax and enjoy nature right from home. This fixer-upper is being sold as-is and is ready for your vision and personal touch. The home includes 2 bedrooms, a den/office, and 2 bathrooms, offering a flexible floor plan for a variety of lifestyles. A spacious sunroom with a hot tub overlooks the pond, creating the perfect spot to unwind year-round. Outdoor living is enhanced by both a welcoming front patio and back deck. Comfort is provided by a heat pump for efficient heating and cooling. Above the attached 2-car garage are two large bonus rooms with a separate entrance, presenting exciting possibilities for a home office, guest quarters, hobby space, or potential ADU conversion (buyer to verify). Ample parking to include RV parking. As part of the Star Lake community, residents enjoy access to a stocked fishing lake, community boat dock, 6-hole golf course, playground, and clubhouse. Non-motorized boating helps preserve the lake's peaceful atmosphere, making it an ideal place to enjoy the outdoors. Bring your imagination and restore this property to its full potential. Whether you're looking for a private residence, investment opportunity, or recreational getaway, this hidden gem could be something special! Welcome Home!
Listed by Melanie R. Coelho • Better Homes and Gardens RE PC
Listing updated: July 30, 2026 at 04:03pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2556011
$530,000
+$205,000 over list price
Nearby comparable homes
RexMont uses 4 strongest recent nearby sales, priced between $373K and $539K.
Rental earnings
$1,600/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$425,000Last sold price
13333 W Cloquallum Road, Shelton, WA 98541

$373,000Last sold price
230 W Blueberry Lane, Elma, WA 98541
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.
280 W Satsop Drive, Elma, WA 98541
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.
$3,491 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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Elma 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 16 days.
$306,000 Sold
2 months ago
3 bd•2 ba•~1,337 sq ft•Single Family
124 W Blakley Drive, Elma, WA 98541
6%
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
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.