For Sale123d on market
40 E Lakeshore Drive
Allyn, WA, 98524 • 98524 • Mason County
$498,500
-$81,500 since Mar 18, 2026
1 acLot
Property DNA
Waterfront Property
Low Bank, Lake
Scenic Views
Lake · Territorial
Res-Less thn 1 Ac Style
Res-Less thn 1 Ac architecture
Allyn
98524
Market activity
Demand and pricing signals for this listing
195 views
People checking out this listing
7 saves
Buyers have saved this home
123 days on market
Established listing
About this home
Lot
Wake up to glassy water and quiet mornings on Lake Anderson. This corner, two-parcel (45,320 sqft) homesite in the friendly Lake Village neighborhood delivers ~240 feet of waterfront and true direct lake access—your own slice of shoreline paradise. Step across the street to the golf course and clubhouse for an easy round after a sunrise paddle or a little fishing off your future dock. You can build one substantial residence and, with approvals, add a floating dock. Mitigation work with Mason County Planning is near completion, streamlining your path to permits. You’re minutes to dining in Allyn, with Belfair just down the road for everyday needs. Seller financing available with 20% down, 2yr term and 8% interest only.
Standout features identified
Our analysis highlights true direct lake access and glassy water as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,116/month
Principal & Interest$2,439
Property Tax$499
Insurance$166
HOA$13
Down payment20% ($99,700)
3%50%
Est. 6.18% rate · 30yr fixed · $398,800 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
StyleRes-Less thn 1 Ac
Systems
Water / SewerIn Street, Jurisdiction: Aline Water District / In Street
Parking & Outdoor
Lot1.04 Acres
Location & Tax
Neighborhood98524
Annual tax$3,639
Parcel122205000017
Bathrooms & Fees
HOA$13/mo
Features & details
6 categories of property features
Exterior Features
Lot Features
Corner Lot
Corners Flagged
Community
CCRs
Clubhouse
Security
Security Service
Views
Lake
Territorial
Utilities
Electricity Available
Gas
Not Available
Listing insights
Market data and value estimates
StatusFor Sale
Days on market123
Est. rent$1,626/mo
Tax rate0.63%
On marketDec 2, 2025
PostedDec 4, 2025
Last sold$270,000
MLS statusActive
MLS updatedMar 18, 2026
Tour days6
Views195
Favorites7
How are the schools in Allyn?
3 schools rated nearby
Location
Allyn, WA, 98524
Price history
10 events
DateEventPrice$/sqftSource
Mar 18, 2026Price Change$498,500—NWMLS as distributed by MLS GRID
Dec 4, 2025Listed For Sale$580,000—NWMLS as distributed by MLS GRID
Oct 28, 2022Sold$270,000—NWMLS as distributed by MLS GRID
Sep 7, 2022Pending Sale$274,500—NWMLS as distributed by MLS GRID
Aug 26, 2022Listed For Sale$274,500—NWMLS as distributed by MLS GRID
Feb 18, 2022Sold$265,000—NWMLS as distributed by MLS GRID
Feb 11, 2022Pending Sale$265,000—NWMLS as distributed by MLS GRID
Feb 8, 2022Listed For Sale$265,000—NWMLS as distributed by MLS GRID
Nov 7, 2019Sold$139,719—Public Record
Feb 4, 2013Sold$94,000—Public Record
Price Change$498,500
Mar 18, 2026•NWMLS as distributed by MLS GRID
Listed For Sale$580,000
Dec 4, 2025•NWMLS as distributed by MLS GRID
Sold$270,000
Oct 28, 2022•NWMLS as distributed by MLS GRID
Pending Sale$274,500
Sep 7, 2022•NWMLS as distributed by MLS GRID
Listed For Sale$274,500
Aug 26, 2022•NWMLS as distributed by MLS GRID
Sold$265,000
Feb 18, 2022•NWMLS as distributed by MLS GRID
Pending Sale$265,000
Feb 11, 2022•NWMLS as distributed by MLS GRID
Listed For Sale$265,000
Feb 8, 2022•NWMLS as distributed by MLS GRID
Sold$139,719
Nov 7, 2019•Public Record
Sold$94,000
Feb 4, 2013•Public Record
Tax history
11 years of records
YearTax paidAssessed value
Apr 7, 2024$1,611$208,970
Apr 7, 2023$1,615$146,210
Apr 7, 2022$1,305$131,485
Apr 7, 2021—$131,485
Apr 7, 2020$1,141$124,425
Apr 7, 2018$1,356$124,425
Apr 7, 2017$1,315$124,640
Apr 7, 2016$1,470$124,640
Apr 7, 2015$1,424$127,500
Apr 7, 2014$1,452$124,500
Apr 7, 2013$1,452$120,000
Nearby homes
Neighborhood details
Local context around this listing
Allyn, WA • Mason County
Nearby cities
AllynBelfairElmaGrapeviewHoodsportLilliwaupMatlockShelton
Nearby zip codes
98524
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Based on information submitted to the MLS GRID as of 2026-04-07 06:28:32 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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