$650,000
Est. $3,294/mo2 bd•1.5 ba•2,044 sq ft
16005 148 Avenue Se, Yelm, WA 98597
• Listed 2026-06-12•New today
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Opportunities like this are rare! Nestled on 2 picturesque acres just minutes from the heart of Yelm and a short drive to Lawrence Lake, this turnkey hobby farm is ready for your dreams to take root. Whether you're looking to raise a few animals, start a small homestead, or expand your existing farm operation, this versatile property offers the space and infrastructure to make it happen. The fully fenced and cross-fenced acreage includes accommodations for horses, goats, pigs, and other livestock, with multiple stall options and conveniently located watering stations throughout the property. A detached four-car garage provides ample space for vehicles, equipment, recreational toys, or workshop needs. Inside, the open-concept rambler offers comfortable country living with beautiful views of your private pasture. Enjoy morning coffee or evening sunsets from the covered back porch while keeping an eye on your animals and enjoying the peaceful rural setting. The home features two generously sized bedrooms, including one with a Murphy bed for added flexibility and storage. Recent updates provide peace of mind, including a brand-new roof and gutters, updated plumbing, and exterior hot and cold water spigots. Conveniently located with an easy commute to JBLM, Mount Rainier recreation, and local agricultural amenities, this move-in-ready hobby farm combines rural charm with everyday convenience. Bring your animals, your hobbies, and your vision—this is country living at its finest.
Open houses
No upcoming open houses scheduled for this property.
$654,000
+$4,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $456K and $675K.
Rental earnings
$1,950/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$525,000Last sold price
15140 Vail Road Se, Yelm, WA 98597
$505,000Last sold price
17247 154th Avenue Se, Yelm, WA 98597
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.
16005 148 Avenue Se, Yelm, WA 98597
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.
$3,742 per month
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 13, 2026 at 06:10am (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.
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Listed by Cynthia Schmier • RE/MAX Country
Listing updated: June 13, 2026 at 06:10am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2538979
Yelm 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 14 days.
$450,000 Sold
5 months ago
2 bd•1.5 ba•~2,936 sq ft•Single Family
13945 Se Morris Road, Yelm, WA 98597
10%
Under list
—
Days on market
1.0 mi
Distance
$450,000 Sold
5 months ago
•Single Family
13945 Se Morris Rd, Yelm, WA 98597
10%
Under list
—
Days on market
1.0 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 Jun 2026
Yelm 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.
