$399,900
Est. $2,077/mo2 bd•1 ba•1,580 sq ft
162 South Bank Road, Elma, WA 98541
• Listed 2026-08-17•14 days on market
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Come experience country living on approximately 3.62 beautiful acres, conveniently located on the outskirts of Elma and just minutes from Highway 12 and only 34 minutes from Olympia. Surrounded by towering trees and highlighted by a picturesque creek, this special property offers a private backyard setting. And then there's the 4-BAY SHOP! With incredible space for vehicles, equipment, toys, hobbies, storage, or projects, this impressive shop is a standout feature and offers endless possibilities. Inside, the freshly painted, single-level home features 2 bedrooms, 1 bath, and 1,580 sq ft of comfortable living space. The spacious country kitchen has a old country stove showpiece. You'll love laundry room with tons of storage, plus a walk-in pantry for even more space. Enjoy fruit trees, grapevines, a chicken coop, a woodshed, and plenty of room to plant a big garden, spread out, or even build another shop or a barn for your farm animals. Whether you're dreaming of more space for your hobbies, a mini-homestead, or mini farm, room for all your toys, or simply a place to call home, this property has so much to offer. Bring your ideas and make it your own!
Listed by Tracy Travers • Better Properties Mason County
Listing updated: September 1, 2026 at 10:42am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2570403
Open houses
No upcoming open houses scheduled for this property.
162 South Bank Road, 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
Elma 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.
$2,428 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 25 days.
$420,000 Sold
5 months ago
•Single Family
188 S Bank Road, Elma, WA 98541
3%
Under list
—
Days on market
0.4 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 September 1, 2026 at 10:42am (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.
$392,000
-$7,900 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $345K and $475K.
Rental earnings
$1,175/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$475,000Last sold price
30 Hokanson Road, Elma, WA 98541
$365,000Last sold price
222 Delezenne Road, 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.
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