15111 148th Avenue SE, Yelm, WA 98597

$715,000
3
BD
2
BA
1,949
SqFt

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Listing courtesy of Keller Williams Realty. Selling Office: RE/MAX Exclusive.

Sold Price
$715,000
List Price
$715,000
Status
SOLD
MLS#
2507284
Closing Date
Jun 17, 2026
Days on Market
12
Bedrooms
3
Finished SqFt
1,949
Area Total SqFt
2921
Annual Tax Ammount
4197.82
Internet Provider
Starlink
Lot Size (sq ft)
419,592
Fireplace
Yes
Sewer
Septic Tank

Property Description

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.

Additional Information

Community
Yelm
Style
12 - 2 Story
Basement
Unfinished
Year Built
1964
Total Covered Parking
2
View
Mountains, Territorial
Roof
Metal
Site Features
Barn, Cable TV, Deck, Electric Car Charging, Fenced-Fully, Gated Entry, High Speed Internet, Outbuildings, Outdoor Fireplace, RV Parking, Shop
Tax Year
2026
School District
Yelm
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Potential Terms
Cash, Conventional, FHA, See Remarks, USDA Loan, VA Loan
Interior Features
Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Fireplace, Wine/Beverage Refrigerator, Wired for Generator
Flooring
Laminate, Vinyl Plank, Carpet
Driving Directions
GPS friendly. From Pacific, R on Spanaway-McKenna HWY, turns into McNaught Rd S at Roy, L on Vail, R on 148th Ave, home will be on the left.
Appliance
Dishwasher, Disposal, Double Oven, Dryer, Refrigerator, Stove(s)/Range(s), Washer
Appliances Included
Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
Energy Source
Electric
Based on information submitted to the MLS GRID as of . 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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