Hidden Potential in Gated Fawn Lake

Price: $249,900
Listed on: Zillow
Location: 20 SE Cabana Avenue, Shelton, WA 98584

Located in the private, gated Fawn Lake community, this 1,272 sq ft home presents a rare opportunity to add value in a highly desirable setting. With 3 bedrooms and a layout built around a spacious great room, the foundation is there—it just needs the right vision to bring it to life.

The home features a primary bedroom with its own ¾ bath, a functional kitchen, and a woodstove that anchors the living space—adding both warmth and character. Baseboard heating is already in place, and the roof was replaced around 2014, taking care of one major expense.

That said, this is not a move-in-ready property. Previous leaks in the laundry area have caused damage, some kitchen cabinet doors are missing, and the home will need flooring, paint, and general cosmetic updates throughout. There are also signs of wear, including missing electrical covers and some wall and door damage from wheelchair use. The primary bedroom once had a doggie door, which has since been sealed due to water intrusion.

This is a project—but for the right buyer, it’s a chance to create real value.

Outside, the upside becomes more obvious. Sitting on a corner lot, the property includes a covered porch, a detached garage/shop, and a 12×16 shed with electricity—solid assets for storage, projects, or future improvements.

What really carries this property is the community. Fawn Lake offers a lifestyle most fixer properties don’t: private lake access with stocked fishing, swimming, parks, a cabana, tennis and basketball courts, and horseshoe pits. Gas motors are not allowed on the lake, keeping the environment quiet and clean. HOA dues are $1,450 annually and include water.

This is a project—but it’s a project in a controlled, desirable environment with real resale potential if done right.

If you’re looking for turnkey, keep scrolling.
If you’re looking for margin, this is where you start.

Listed by: Jeanne Blanton, Windermere RE/Himlie

Source: NWMLS