15111 148th Avenue SE, Yelm, WA 98597
Listed by Kari Montgomery, Keller Williams Realty · Buyer brokerage: RE/MAX Exclusive
$715,000
$245 per sq ft
15111 148th Avenue SE, Yelm, WA 98597
Yelm, WA, 98597
- Beds
- 3
- Baths
- 2
- Sq ft
- 2,921
- Built
- 1964
- Parking
- Detached Carport, Driveway, Off Street, RV Parking
Tour this home
Jeff Reynolds · Managing Broker, Compass
Start with a focused 15-minute call, then tour with a clear due-diligence plan.
- 3
- Bedrooms
- 2
- Bathrooms
- 2,921
- Square feet
- $245
- Per sq ft
- Single Family Residence
- Type
- 1964
- Year built
- 419,592 sq ft
- Lot
- 12
- Days on market
About this property
Welcome to First Lookout Farm—where Mt. Rainier greets you daily with breathtaking beauty. Nestled on just shy of 10 acres in Yelm, this charming farmhouse offers the perfect blend of peaceful country living and functional equestrian lifestyle. This gorgeous home is 1949 sq ft with a 972sq ft unfinished basement featuring 3 bedrooms, 2 baths, plus 2 additional office/flex rooms with inspiring views, the home boasts a desirable open floorplan designed for easy living. Expansive picture windows capture stunning vistas in every direction—sunrise over rolling hayfields and snow-capped mountains to the east, and sunset views of the timeless barn and apple tree orchard to the west. The property is thoughtfully equipped for both comfort and productivity, including a proper mudroom with laundry, detached shop with multiple workshop spaces, and EV charger. Outdoors, enjoy a private recreation area with a 22' pool, adjacent deck, and sun sail—perfect for summer entertaining. Ideal for equestrian or hobby farming, the fully fenced and gated acreage includes grazing pasture, a classic barn with enclosed livestock area, large chicken/duck enclosure, and coop. Established fruit trees—apple, plum, and mirabelle—add to the farmstead charm. A prepared entry for a 16' automated double gate offers future enhancement potential. Experience the serenity of country living while remaining conveniently located just minutes from town amenities.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2507284
- Listed
- April 16, 2026
- Days on market
- 12
- Price per sq ft
- $245
- Sold price
- $715,000
- Sold
- June 17, 2026
Unit & building
- Unit levels
- Two
Parking
- Parking
- Detached CarportDrivewayOff StreetRV Parking
- Covered spaces
- 2
- Total spaces
- 2
Views
- View
- MountainsTerritorial
Construction
- Year built
- 1964
- Style
- 12 - 2 Story
- Structure
- House
- Roof
- Metal
Heating & cooling
- Heating
- Heat Pump
- Cooling
- Heat Pump
- Energy source
- Electric
Interior features
- Features
- Bath Off PrimaryCeiling Fan(s)Dbl Pane/Storm WindowFireplaceWine/Beverage RefrigeratorWired for Generator
- Fireplaces
- 2
- Fireplace type
- Wood Burning
Flooring
- Flooring
- LaminateVinyl PlankCarpet
Appliances
- Appliances
- DishwasherDisposalDouble OvenDryerRefrigeratorStove(s)/Range(s)Washer
Lot
- Lot features
- Open SpacePavedSecluded
- Lot size
- 419,592 sq ft
Terms
- Terms offered
- CashConventionalFHASee RemarksUSDA LoanVA Loan
Utilities
- Water
- Individual WellPrivate
- Sewer
- Septic Tank
- Power
- PSE
Schools
- District
- Yelm
- Elementary
- Buyer To Verify
- Middle
- Buyer To Verify
- High
- Buyer To Verify
Listing history
Listed
$715,000
April 16, 2026
Sold
$715,000
June 17, 2026
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$4,163
- Principal & interest
- $3,615
- Property tax (est.)
- $548
Assumes $143,000 down (20%), a $572,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of August 6, 2026 at 5:00 AM PDT. 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.