1 bed589 sqft$823/sqft
1546 Reservation Rd SE, Unit 197 & 198, Olympia, WA 98513
Est: $3,149/moGet pre-approved

Description

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...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)
LISTING UPDATED: 08/14/2026 02:55 PM

  1. Listed by Lisa Barnes • eXp Realty
    P: (888) 317-5197 lisa@lmcollectivere.com
  2. Listed by Morgan Jill Reay • eXp Realty
    P: (888) 317-5197 morgan@lmcollectivere.com

Property Details for 1546 Reservation Road Southeast, Unit 197 & 198

Status
MLS #
2568179
Days on Market
8
Cumulative Days on Market
8
Pet Policy
-
Taxes
$4,003 / year
HOA Fees
$350 / month
Condo/Co-op Fees
-
Property Type
MLS Type
Residential
Year Built
2021
Community Name
Olympia
School District
North Thurston
View
Territorial
Number of Assigned Spaces
4
Entry Date
08-13-2026
Energy Source
Electric,Propane

Location

Listing Courtesy of eXp Realty
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Building Information for 1546 Reservation Road Southeast, Unit 197 & 198

Building/Complex1546 Reservation Rd SeFloorMainStories-Residences-Pet Policy-Pet Policy Details-Year Built2021

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$3,149 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,465

Property Taxes

$334

HOA Dues

$350

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Property Information for 1546 Reservation Road Southeast, Unit 197 & 198

Summary
Location and General Information
  • Style: 30 - Condo (1 Level)
  • Area: 452 - Thurston Se
  • Community Features: Athletic Court, Club House, Dock, Exercise Room, Game/Rec Rm, Gated, Laundry Room, Playground, Indoor Pool, Pool, RV Parking, Sauna, Trail(s)
  • Effective Year Built Source: Public Records
  • Unit Floor Number: 0
  • 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.
  • Property Sub Type: COND
  • View: Yes
  • Waterfront: No
  • Entry Location: Main
Taxes and HOA Information
  • Tax Year: 2026
  • Home Owner Dues Include: Cable TV, Common Area Maintenance, Internet, Road Maintenance, Sewer, Trash, Water
  • Association Phone: 360-459-5019
Parking
  • Carport: No
  • Parking Type: RV Parking, Uncovered
  • Open Parking: No
  • Parking Features: RV Parking, Uncovered
Interior and Exterior Features
Bathroom Information
  • Full Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Full Baths Lower: 0
  • Full Baths Main: 0
  • Full Baths Upper: 0
  • Three Quarter Baths Lower: 0
  • Three Quarter Baths Main: 1
  • Three Quarter Baths Upper: 0
  • Half Baths Lower: 0
  • Half Baths Main: 1
  • Half Baths Upper: 0
  • Full Baths Garage: 0
  • Half Baths Garage: 0
  • Three Quarter Baths Garage: 0
  • Main Level Bathrooms: 2
Bedroom Information
  • Bedrooms Main: 1
  • Bedrooms Upper: 0
  • Bedrooms Lower: 0
  • Master Bedroom Level: Main
Interior Features
  • Fireplaces Total: 2
  • Fireplaces Main: 2
  • Floor Covering: Laminate, Vinyl, Carpet
  • Features: Dryer-Gas, Fireplace, Washer, Water Heater
  • Water Heater Location: Crawlspace
  • Appliance Hookups: Dryer-Gas,Washer
  • Common 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
  • Room and Floor: Entry Hall-Main, Family Room-Main, Kitchen Without Eating Space-Main, Primary Bedroom-Main, Utility Room-Main, None-None, Bathroom Three Quarter-Main, Bathroom Half-Main
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Cooling: Yes
  • Cooling: Central Air
  • Fireplace Features: See Remarks
  • Fireplace: Yes
  • Heating: Yes
  • Heating: Forced Air, Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • FIRPTA: No
  • Water Heater Type: Elec
  • Room List: Entry Hall, Family Room, Kitchen Without Eating Space, Primary Bedroom, Utility Room, None, Bathroom Three Quarter, Bathroom Half
  • Number Of Showers: 1
Exterior Features
  • Exterior: Cement Planked, Wood, Wood Products
  • Roof: Metal
  • Appliances That Stay: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Washer(s)
  • Security Features: Security Gate
Property
Utilities
  • Power Company: Billed monthly by Vantage (COA)
  • Water Company: Included in monthly COA dues
  • Power Production Type: Electric, Propane
Property and Assessments
  • New Construction YN: No
  • Senior Exemption: No
  • Special Assessment: No
  • Level: One
  • Project Approved By FHA: false
  • First Right Of Refusal: false
  • MLS Square Footage Source: Public Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2021
  • Photos Count: 38
Lot Information
  • Lot Details: Paved
  • Lot Size Source: Realist
  • Parcel Number Free Text: 59750019700
  • Calculated Square Footage: 589
  • Dwelling Type: Detached
  • Structure Type: House
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 589.0
  • Building Area Units: Square Feet
  • Property Type: Residential
  • CoOp: No
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Water Access: Community Waterfront/Pvt Beach
Multi Family
Building Details
  • Total Uncovered Parking: 4
  • Number of Stories in Building: 0
  • Number of Access Stairs: 5
  • Unit Features: Balcony/Deck/Patio, Yard
  • Number of Units in Complex: 272
  • Units In Building Total: 0
Financing / Income and Expenses
  • Leased Equipment: Propane form Propane NW
Rental
Rent Information
  • Occupant Type: Vacant
  • Cats and Dogs: Cats OK, Dogs OK, Subject to Restrictions

Property History for 1546 Reservation Road Southeast, Unit 197 & 198

DateEvent & SourcePriceAppreciation
Aug 13, 2026

Listed (Active)

NWMLS #2568179

$485,000
DateEvent & SourcePrice
08/13/2026

Listed (Active)

NWMLS #2568179

$485,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1546 Reservation Road Southeast, Unit 197 & 198

This home is within North Thurston Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Evergreen Forest Elementary School
PublicK to 5

Nisqually Middle School
Public6 to 8

River Ridge High School
Public9 to 12

Salish Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1546 Reservation Road Southeast, Unit 197 & 198 is a condo for sale in Olympia, WA 98513. This property was listed for sale on August 13, 2026 by eXp Realty, it's currently listed at $485,000. This listing's school district is North Thurston Public Schools. Nearby schools include Evergreen Forest Elementary School, Nisqually Middle School and River Ridge High School. 1546 Reservation Road Southeast, Unit 197 & 198 is a 1-bed, 2-bath, 589 sqft condo built in 2021.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty

Based on information submitted to the MLS GRID as of 08/14/2026 02:55 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. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.