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JRJeff ReynoldsCompass · Seattle
This home is no longer on the market (sold). The details below are kept for reference. See homes currently for sale in Yelm.

15111 148th Avenue SE, Yelm, WA 98597

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Sold

Listed by Kari Montgomery, Keller Williams Realty · Buyer brokerage: RE/MAX Exclusive

Sold12 days on market

$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
Ask Jeff

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.

Directions

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

  1. Listed

    $715,000

    April 16, 2026

  2. 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.

Similar nearby listings

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.