Property Details
1546 Reservation #197 & #198 Road SE
Olympia, WA 98513
$485,000
Active
Schedule a Tour
Select your date preference
Request More Info
1 / 38
About This Home
One incredible location. Two unique opportunities. Imagine having your own corner of Lost Lake—where mornings begin among the trees, afternoons unfold by the lake & evenings end around a fire. The neighboring tiny home & RV lot are extraordinary on their own, or purchase both for an unforgettable retreat. Available individually or together. The 2021 tiny home is warm & thoughtfully designed, with tall ceilings, abundant windows, a cozy indoor fireplace & charming drop loft. Clever storage is tucked throughout, while central air (new A/C in 2026) brings year-round comfort. Step outside to a covered stone fireplace & low-maintenance yard, then follow the covered breezeway to two flexible spaces—one ideal for an office or hobby space, the other with a .5 bath & laundry. Next door, the RV lot is the showstopper. A custom covered pavilion with a metal roof frames a paver pad for up to a 45' RV. Gardens & hidden storage & an outdoor kitchen with high-end appliances, dual grills & a built-in linear fire feature make this feel less like an RV site & more like your own private outdoor retreat. At the heart of it all, a stone fireplace sets the scene for evenings spent outside. And then there's Lost Lake. Explore 50+ acres of trails with views of Mt. Rainier, enjoy the stocked lake, clubhouse, indoor/outdoor pools, sauna, gym, pickleball, dog park & more. Two properties. Two opportunities. One unforgettable place to call your own. Tiny Home: (NWMLS 2568068) | RV Lot: (NWMLS 2515594)
Property Details
Property Information
Property Type
Residential
Subtype
Condominium
Status
Active
County
Thurston
Neighborhood
Olympia
Listed
Aug 13, 2026
Structure Type
House
Parcel Number
59750019700
Tax & HOA
Annual Property Tax
$4,003 (2026)
Est. Monthly Tax
$334/mo
HOA Fee
$350/monthly
HOA Includes
Cable TV, Common Area Maintenance, Internet, Road Maintenance, Sewer, Trash, Water
Interior Features
Bedrooms
1
Bathrooms
1.3
Half Baths
1
Living Area
589 sq ft
Entry Level
Main
Interior Features
Dryer-Gas, Fireplace, Washer, Water Heater
Laundry
Gas Dryer Hookup, Washer Hookup
Exterior & Lot
Year Built
2021
Exterior Materials
Cement Plank, Wood
Parking
RV Parking, Uncovered
Lot Features
Paved
Exterior Features
Cement Planked, Wood, Wood Products
Community & Access
Community Features
Athletic Court, Club House, Dock, Exercise Room, Game/Rec Rm, Gated, Laundry Room, Playground, Indoor Pool, Pool, RV Parking, Sauna, Trail(s)
Pets
Cats OK, Dogs OK, Subject to Restrictions
Directions
Exit 116 from I-5. Drive east on Mounts Rd/Nisqually for 3.5 miles. Left on Reservation Road SE. Turn left into the resort.
Location
City
Olympia
County
Thurston
Coordinates
47.04037, -122.70050
Schools
School District
North Thurston
HOA / Association
HOA Fee
$350 / Monthly
HOA Includes
Cable TV, Common Area Maintenance, Internet, Road Maintenance, Sewer, Trash, Water
Additional Information
Tax Year
2026
Annual Taxes
$4,003
Possession
Array
Community Features
Athletic Court, Club House, Dock, Exercise Room, Game/Rec Rm, Gated, Laundry Room, Playground, Indoor Pool, Pool, RV Parking, Sauna, Trail(s)
Inclusions
Dishwasher(s),Dryer(s),Leased Equipment,Microwave(s),Refrigerator(s),Washer(s)
Mortgage Calculator
Estimated Monthly Payment
$0
Down Payment
$0
Loan Amount
$0
Provided by Beyond Real Estate, LLC
Based on information submitted to the MLS GRID as of August 13, 2026 3:30 PM. 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
