1546 Reservation #197 & #198 Road SE Olympia, WA $ 485,000
1546 Reservation #197 & #198 Road SE
$ 485,000
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1546 Reservation #197 & #198 Road SE

Olympia, WA, 98513
$ 485,000
Bedrooms1 Baths1.1 Sq 589

Monthly Estimate*

$ 3,062

Listed by eXp Realty
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Condo for sale in Olympia, WA

for $485,000 with 1 bedroom and 1 full bath, 1 half bath. This 589 square foot condo was built in 2021 on a lot size of 0.1115.

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)

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Condo Active

Price

$ 485,000

Bedrooms

1

Full Bath

1

Half Bath

1

Property Type

Condo

Taxes

$ 4,003

Style

Condo (1 Level)

Lot Size

0.1115

Year Built

2021

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2568179

Features
General
Living Area 0
Heating Forced Air Wall Furnace
Cooling Central Air
Possession Closing
Roof Metal
Appliances Dishwasher Dryer Microwave Refrigerator Washer
HOA Fee 350
Association Fee Includes Cable TV Common Area Maintenance Internet Road Maintenance Sewer Trash Water
Security Features Security Gate
Pets Allowed Cats OK Dogs OK Subject to Restrictions
Year Built 2021
View Territorial
Levels One
Property Subtype Condominium
Tax Year 2026
Community Features Athletic Court Club House Dock Exercise Room Game/Rec Rm Gated Laundry Room Playground Indoor Pool Pool RV Parking Sauna Trail(s)
Building Name Lost Lake RV Resort
Assoc Fee Paid Per Monthly
County Thurston
New Construction N
Property Type Residential
HOA Y
Subdivision Name Olympia
Full Baths 0
Special Listing Conditions None
Status Active
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.
City Olympia
Entry Location Main
Senior Community Y/N N
High School District North Thurston
MLS Area 452 - Thurston Se
Lot Size Units Square Feet
Lot Size Square Feet 4855
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 4003.06
Public Remarks One incredible location. Two unique opportunities. Imagine having your own corner of Lost Lakewhere mornings begin among the trees afternoons unfold by the lake & evenings end around a fire. The neig
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company Included in monthly COA dues
Unit Features Balcony/Deck/Patio Yard
Units In Building Total 0
Common Property Features Athletic Court Clubhouse Dock Exercise Room Game/Rec Rm Gated Entry Laundry Room Playground Pool-Indoor Pool-Outdoor RV Parking Sauna Security Gate Trails
CoOp false
Property Style 30 - Condo (1 Level)
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Interior
Interior Amenities Dryer-Gas Fireplace Washer Water Heater
Flooring Laminate Vinyl Carpet
Total Fireplaces 2
Fireplace Features See Remarks
Total Stories 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 1
3/4 Baths 1
Laundry Features Gas Dryer Hookup Washer Hookup
Total Bedrooms 1
Main Level Bedrooms 1
Total Baths 2
Water Heater Type Elec
Water Heater Location Crawlspace
Floor Number of Unit 0
Fireplaces Main 2
Power Production Type Electric Propane
Baths Three Quarter Garage 0
Baths Three Quarter Lower 0
Baths Three Quarter Main 1
Baths Three Quarter Upper 0
Bedrooms Lower 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Half Main 1
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 0
Baths Full Main 0
Baths Full Lower 0
Baths Full Garage 0
Bathrooms 1.25
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Exterior
Exterior Amenities Cement Planked Wood Wood Products
Parking Features RV Parking Uncovered
Lot Features Paved
Total Parking 4
Inclusions Dishwasher(s) Dryer(s) Leased Equipment Microwave(s) Refrigerator(s) Washer(s)
Building Area Total 589
Lot Size Acres 0.1115
Waterfront Y/N N
Irrigation Water Rights Y/N N
Parking Uncovered Total 4
Dwelling Type Detached
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Internal Only
OriginalMLSID NWM2568179
Street Number 1 1546
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* Excluded Features
List By
Lisa Barnes

Listing Agent

Exp Realty

Broker

Affordability Calculator

$3,396
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,062
Monthly Property Taxes
$334
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257450 Elementary School
258892 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/13/2026$485,000 Listed Price

Map


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1546 Reservation #197 & #198 Road SE, Olympia, WA, 98513 is a Condo for sale at $485,000 with 589 sqft and a lot size of 0.1115. 1546 Reservation #197 & #198 Road SE has 1 bedrooms, 1.1 baths, and was built in 2021. The property's zip code is 98513 which is in Olympia, WA