See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

17232 148th Avenue SE, Yelm, WA, 98597

9beds
12baths
16,175sqft
$2,599,999
$161price/sqft
$16,370/moest. monthly cost
$654,800/yrincome needed

About This Home

Unique and one-of-a-kind custom home situated on 40 acres of incredible privacy. Designed as one structure but feels like 2 homes; multi-generational living at its ultimate layout. 2 KITCHENS on main floor with living spaces on each side; each side of the home also has a PRIMARY SUITE ON THE MAIN floor; then upstairs you have a total of 6 Bedrooms ( 3 on each side); all w/ attached baths; Every bedroom is a suite. Additional rec space on the upper level on each side gives both sides a bonus room space w/ attached baths as well. The massive concrete basement allows for extensive storage and hobby spaces. Massive concrete and brick construction means it's highly efficient w/ radiant heat, backup forced-air systems, and high-velocity AIR CONDITIONING. Tons of storage. Outdoors, you have multiple outbuildings for storage; a water cistern for irrigation; fruit trees, garden spaces, and your own PRIVATE ATV trail system. Cost savings are found with the private well, 2 septic systems, and double-thick exterior walls. You will fall in love with the entrance to your own oasis here; unmatched in privacy and design, with easy access to Yelm, Roy, JBLM, and Hwy 507. This is truly unique in the market and provides the ultimate legacy home.

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

6/10
7/10
Ridgeline Middle SchoolGrades 6-84.4 mi
4/10
Yelm High School 12Grades 9-125.7 mi

Construction

Condition

  • Property condition: Very Good
  • Year built: 2005

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Brick

Notable Dates

  • Major remodel year: 2005

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional,2 Stories w/Bsmnt
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Refrigerator,Tankless Water Heater,Trash Compactor,Dishwasher(s),Garbage Disposal,Refrigerator(s),Water Heater: Tankless Propane,Water Heater Location: Upper Level

Basement

  • Has basement: Yes
  • Basement: Bath/Stubbed,Unfinished

Bathroom Full

  • Level: Second

Bathroom Full

  • Level: Second

Bathroom Full

  • Level: Second

Bathroom Full

  • Level: Second

Bathroom Full

  • Level: Second

Bathroom Full

  • Level: Second

Bathroom Full

  • Level: Second

Bathroom Full

  • Level: Second

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 12
  • Full bathrooms: 10
  • 1/2 bathrooms: 2
  • Main level bathrooms: 4
  • Main level bedrooms: 3

Bonus Room

  • Level: Second

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Features

  • Bath Off Primary,Dining Room,Pantry
  • Door features: French Doors
  • Window features: Dbl Pane/Storm Window,Skylight(s)
  • Flooring: Ceramic Tile,Concrete,Hardwood

Heating & Cooling

  • Heating features: Radiant,Electric,Propane
  • Cooling features: Forced Air,Heat Pump

Interior Area

  • Total structure area: 16,175
  • Total interior livable area: 16,175 sqft

Kitchen With Eating Space

  • Level: Main

Master Bedroom

  • Level: Main

Other

  • Level: Main

Other

  • Level: Main

Rec Room

  • Level: Main

Utility Room

  • Level: Main

Property

Details

  • Parcel number: 22617110101
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Main
  • Patio & porch: Second Kitchen,Second Primary Bedroom,Bath Off Primary,Dbl Pane/Storm Window,Dining Room,French Doors,Jetted Tub,Pantry,Skylight(s),Vaulted Ceiling(s),Walk-In Closet(s),Water Heater
  • Spa features: Bath
  • Has view: Yes
  • View description: Territorial
  • Topography of land: Level
  • Residential vegetation: Garden Space,Wooded

Lot

  • Lot size: 40.00 Acres
  • Features: Dead End Street,Secluded,Cable TV,Deck,Fenced-Partially,Gated Entry,High Speed Internet,Irrigation,Outbuildings,Patio,Propane,RV Parking

Parking

  • Total spaces: 105
  • Parking features: Driveway,Attached Garage,Off Street,RV Parking
  • Has garage: Yes
  • Covered spaces: 6
  • Uncovered spaces: 99

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Volcanic Activity
    Volcanic ActivityModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Volcanic Activity

FEMA Declared Disasters in Thurston County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $13,147$157,764
Home Insurance *$732$8,784
Property Taxes $1,385$16,620
Electricity $1,106$13,276
Total$16,370$196,440
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$561,257/yr
40% on housing$491,100/yr
45% on housing$436,533/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.8%
10.8%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$161This listing

vs Other Active Listings

Avg $/sqft

ZIP 98597$221
Thurston County$297

vs Homes Sold Last Month

Median $/sqft

ZIP 98597$274
Thurston County$285

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-29Listed for sale$2,599,999
2023-06-22Sold$1,450,000
2023-06-01Pending sale$1,675,000
2023-05-11Price change$1,675,000
2022-11-18Listed for sale$1,800,000
2022-10-12Listing removed--
2022-08-24Price change$2,000,000
2022-06-24Price change$2,285,000
2022-03-30Listed for sale$2,290,000
2021-12-30Pending sale$2,290,000
2021-09-20Price change$2,290,000
2021-06-21Listed for sale$2,300,000

For Sale by Agent

AgentMichael Morrison
BrokerageMorrison House Sotheby's Intl

Similar Homes