Listed by eXp Realty
$250,000
OPEN SAT 2PM - 4PM

150 E Cedar St Belfair, WA 98528

Estimated payment $1,427/month

1 Bed
1 Bath
716 Sq Ft
$349 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Property is near public transit and bus stop
  • Breakfast Area or Nook
  • Deck
  • No HOA
  • Views

About This Home

Welcome to the "Hobbit House" — a storybook cabin nestled near the South Shore of Hood Canal where fresh air, Olympic Mountain views, & Pacific NW adventure await. Full of character & charm, this one-of-a-kind retreat offers the perfect opportunity for a full-time residence, weekend getaway, or income-producing short-term rental. From the moment you arrive, this property practically screams VRBO. This cozy cabin features over $23k in upgraded windows, a professionally installed mini-split system for heating & cooling, newer carpet, a renovated bathroom, & a the entire crawlspace has been redone. Inside, knotty pine walls create a warm & inviting atmosphere, and the charming gas pedestal stove serves as the heart of the home. There's a cute little breakfast nook area, a spacious kitchen for the size of the home, and a lofted bedroom retreat upstairs that makes you feel like you're in a treehouse. Outside, you'll find plenty of parking for an RV, boat, trailer, or multiple vehicles. Two storage sheds provide abundant space for kayaks, paddleboards, e-bikes, fishing gear, tools, and everything needed to embrace the Hood Canal lifestyle. Whether you're looking for a cozy primary residence, a weekend escape, or a unique investment opportunity, the Hobbit House offers a rare combination of character, comfort, and versatility. Properties with this much charm and rental potential rarely come available.

Listing Agent

Terri Hagen

eXp Realty License #134714 Listed on: 06/23/2026

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2519042

Northwest Multiple Listing Service (NWMLS)

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $947

Year Built

  • Built in 1978

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 99'x50'
  • Street terminates at a dead end
  • North Facing Home
  • Sloped Lot
  • Property is in average condition

Home Design

  • Cabin
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 716 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • French Doors
  • Breakfast Area or Nook
  • Property Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • RV Access or Parking

Outdoor Features

  • Deck
  • Outbuilding

Location

  • Property is near public transit and bus stop

Schools

  • Belfair Elementary School
  • Hawkins Mid Middle School
  • North Mason Snr High School

Utilities

  • Ductless Heating Or Cooling System
  • Propane
  • Well
  • Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Belfair Subdivision

Listing and Financial Details

  • Assessor Parcel Number 222125003025
  • Tax Block 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$947

Year Built

Built in 1978

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 1978
  • Inclusions: Dryer(s),Refrigerator(s),Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Architectural Style: Cabin
  • Building Name: Lakewood A
  • Unit Levels: One and One Half
  • New Construction: No
  • CalculatedSquareFootage: 716
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • SOCComments: Thank you!
  • NWM_ExcludedItemsYN: false
  • Special Features: 4097

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dryer, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Fireplace, French Doors, Water Heater
  • Living Area: 716
  • Main Level Bedrooms: 1
  • BathsFullMain: 0
  • SquareFootageFinished: 716
  • SquareFootageUnfinished: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dryer(s),Refrigerator(s),Washer(s)

Exterior Features

  • Roof: Shake
  • View: Mountains
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Direction Faces: North
  • Exterior Features: Wood
  • Property Condition: Average
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Driveway, RV Parking

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Ductless
  • Heating Yn: Yes
  • PowerCompany: Mason County PUD3
  • SewerCompany: Individual Septic
  • WaterCompany: Shared Well
  • WaterHeaterLocation: Laundry Room
  • WaterHeaterType: Electric
  • InternetConnected: Astound Broadband

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: North Mason #403
  • High School: North Mason Snr High
  • Middle Or Junior School: Hawkins Mid

Lot Info

  • Parcel Number: 222125003025
  • Topography: Partial Slope
  • Land Lease: No
  • Lot Size Acres: 0.11
  • Lot Size: 99'x50'
  • Lot Size Sq Ft: 4792
  • Zoning: RR5
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Outbuildings,RV Parking
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2026
  • Tax Annual Amount: 947

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: Belfair Elem

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $1,079 $141,285 $14,140 $127,145
2025 $1,056 $139,495 $14,575 $124,920
2023 $1,056 $117,220 $11,440 $105,780
2022 $1,088 $118,685 $23,655 $95,030
2021 $997 $118,685 $23,655 $95,030
2020 $1,074 $111,310 $21,505 $89,805
2018 $927 $79,895 $20,480 $59,415
2017 $856 $79,740 $20,325 $59,415
2016 $699 $75,340 $20,325 $55,015
2015 $664 $61,990 $12,780 $49,210
2014 -- $58,010 $11,700 $46,310
2013 -- $74,015 $16,200 $57,815
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2026 06/23/26 For Sale $250,000 +29.9% $349 / Sq Ft
07/08/2020 07/08/20 Sold $192,500 +4.1% $269 / Sq Ft View Prior Sale
05/15/2020 05/15/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $184,900 +639.6% $258 / Sq Ft
04/25/2014 04/25/14 Sold $25,001 +25.0% $35 / Sq Ft View Prior Sale
04/01/2014 04/01/14 Pending -- -- --
03/04/2014 03/04/14 For Sale $20,000 -- $28 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Special Warranty Deed $192,500 None Available
Trustee Deed $109,641 Olympic Title & Escrow
Warranty Deed $104,000 Land Title Co
Special Warranty Deed $25,001 Mason County Title Ins Co
Trustee Deed $90,057 Land Title Co
Warranty Deed $105,000 First American Title Insuran
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $189,012 FHA
Previous Owner $104,000 New Conventional
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2519042

Northwest Multiple Listing Service (NWMLS)

APN: 22212-50-03025

Your Personal Tour Guide

Ask me questions while you tour the home.