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$485,000
1546 Reservation #197 & #198 Road SE, Olympia, WA 98513
Olympia, WA, 98513
Active · 1 days on market
1Beds
2Baths
0Sq Ft
2021Year built
0.1115Lot (acres)
CondominiumType

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)

Interior features

Dryer-Gas
Fireplace
Washer
Water Heater

Exterior features

Cement Planked
Wood
Wood Products

Appliances

Dishwasher
Dryer
Microwave
Refrigerator
Washer

Parking

RV Parking
Uncovered

Schools

District: North Thurston

Request a tour or more info

Courtesy of eXp Realty. The data relating to real estate for sale on this site comes in part from the Northwest Multiple Listing Service (NWMLS). Listings held by brokerage firms other than this brokerage are marked by the three-tree symbol; detailed information about such listings includes the name of the listing brokerage. This information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. All information is deemed reliable but not guaranteed and should be independently verified.

Based on information from the Northwest Multiple Listing Service as of August 14, 2026.

ARAgencyOne RealtyAgencyOne Realty · Questions about this home?