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sales rep | Brivity IDX

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1326 W Lakeside Dr , Shelton, WA 98584
$475,000
Est. Payment: $2,525.09/mo
2 Bed
1 Bath
1800 Sqft
0.36 Acres
Status: pending | Days on site: 5
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9971 - 94043
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House Description

Investor Opportunity on Lost Lake! Rare chance to own 91 feet of waterfront w/breathtaking lake views and tremendous upside potential. Situated at the end of a quiet road, this property offers privacy, stunning scenery, and the opportunity to transform a lakefront retreat into something truly special. The original 1950 cabin has evolved over the years and now offers approximately 1,800 square feet of living space (buyer to verify). The living room and kitchen are positioned to capture sweeping water views, creating the perfect backdrop for your renovation vision. Existing features include a fireplace with pellet stove insert, mini-split for seasonal comfort, and a fun lakeside slide for endless summer enjoyment. Additional structures and improvements include an att. garage with bonus storage area. Conversions and additions were completed with no permits on file. A dock is located on the property, though ownership belongs to a neighboring property. This home is being sold AS-IS and will require a cash buyer, making it an ideal project for investors, contractors, or buyers seeking waterfront sweat equity. The property is priced below a recent appraisal, giving a unique opportunity for added equity! Bring your tools and your vision to make this your dream home and property.

Highlights

Listed by Lori L. Brady , 360-239-0390 RE/MAX Top Executives , 360-427-6117. Northwest Multiple Listing Service mls logo

Property Type

Residential

Lot/Acreage
0.36

HOA Fee

560 Annually

Year Built

1950

County

Mason

Area

177 - SW Mason County

Neighborhood

Lost Lake

School District

Shelton

Listing ID

2598105

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Refrigerator, Stove(s)/Range(s), Refrigerator(s)
Air Cond:Ductless
Fireplaces:Pellet Stove,1 Fireplace
Floor:Ceramic Tile,Laminate,Vinyl
Other:
  • ▪ Additional:Ceiling Fan(s), Dbl Pane/Storm Window, Fireplace, French Doors, Water Heater, Master on Main
Water:Lost Lake Country Club

Exterior Features

Lot:Dead End Street,Dirt Road,Paved,Built On Lot,Deck,High Speed Internet,Low Bank,Medium Bank
Garage Capacity:3
Roof:Composition
Others:
  • ▪ Additional:Wood, Fixer
Sewer:Septic Tank
Parking Features:Attached Garage,Covered
Principal Interest
$2,525
Taxes
$63
HOA
$560

Home Price

$475,000

Loan Details

30 yrs
6.988%

Down Payment

20%
$95,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,525.09

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,525.09 $62.92 $560.00 $3,148.00
Yearly $30,301.05 $755.00 $6,720.00 $37,776.05
Total $909,031.59 $22,650.00 $201,600.00 $1,133,281.59
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Shelton, WA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Estimated Payment, Market Insight Calculations, School and Neighborhood Information provided by Blueroof360

The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
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Data last updated: 2026-11-07T07:59:14.000Z

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