Charming log-sided lakefront home with 61 feet of low-bank waterfront, private dock, and boat house! This 2-bedroom home features an open loft with space to another room or create a stunning primary suite. Enjoy a spacious deck and built-in outdoor kitchen—perfect for entertaining. A finished shed serves as a cozy guest room. Ample parking includes a 2-car garage, 2 carports (fits 4 vehicles), and a 1,050 sq ft shop with 3 bays—lift can convey with full-price offer. Plenty of room for your water toys and hobbies. Experience the best of lakefront living!
Sold
Listed by:
Susan Garrick,
RE/MAX Top Executives
Bought with: RE/MAX Top Executives
$775,000
40 E Martha Reed Way, Shelton, WA 98584
2beds
1,300sqft
Single Family Residence
Built in 1975
0.61 Acres Lot
$774,900 Zestimate®
$596/sqft
$1,782 Estimated rent
Home value
$774,900
$643,000 - $930,000
$1,782/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 18, 2025 at 04:03am
Listed by:
Susan Garrick,
RE/MAX Top Executives
Bought with:
Susan Garrick, 103274
RE/MAX Top Executives
Source: NWMLS,MLS#: 2418080
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Main
Bathroom full
- Level: Main
Kitchen without eating space
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Heat Pump, Electric, Propane
Cooling
- Forced Air, Heat Pump
Appliances
- Included: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Water Heater: tankless, Water Heater Location: outside
Features
- Flooring: Bamboo/Cork, Ceramic Tile, Laminate, Carpet
- Windows: Double Pane/Storm Window
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,300
- Total interior livable area: 1,300 sqft
Property
Parking
- Total spaces: 8
- Parking features: Detached Carport, Driveway, Detached Garage, RV Parking
- Garage spaces: 8
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Double Pane/Storm Window, Water Heater
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Low Bank
- Frontage length: Waterfront Ft: 61
Lot
- Size: 0.61 Acres
- Features: Boat House, Deck, Dock, Outbuildings, Propane, RV Parking, Shop, Sprinkler System
- Topography: Level,Partial Slope
- Residential vegetation: Fruit Trees
Details
- Parcel number: 221321400010
- Zoning description: Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Log
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1975
- Major remodel year: 2015
Utilities & green energy
- Electric: Company: PUD 3
- Sewer: Septic Tank
- Water: Shared Well
- Utilities for property: Hood Canal, Hood Canal
Community & neighborhood
Location
- Region: Shelton
- Subdivision: Spencer Lake
Other
Other facts
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 8 days
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2025 | Sold | $775,000$596/sqft |
Source:  NWMLS #2418080 Report a problem | ||
| 8/14/2025 | Pending sale | $775,000$596/sqft |
Source: NWMLS #2418080 Report a problem | ||
| 8/7/2025 | Listed for sale | $775,000$596/sqft |
Source: NWMLS #2418080 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,237 +2.9% | $394,930 +12.9% |
| 2023 | $3,147 +0.2% | $349,795 +0.1% |
| 2022 | $3,139 -8.3% | $349,610 +9.4% |
Find assessor info on the county website
Neighborhood: 98584
Nearby schools
GreatSchools rating
- 4/10Pioneer Elementary SchoolGrades: PK-5Distance: 2.4 mi
- 5/10Pioneer Intermediate/Middle SchoolGrades: 6-8Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Pioneer Primary Sch
- High: Shelton High
Source: NWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value$774,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$774,900