1. Washington
2. Toledo
3. 1196 STATE ROUTE 505

1196 STATE ROUTE 505, Toledo, WA 98591

• 3 beds |
• 2 baths |
• 1,518 sqft

Property Description

Motivated seller—bring all offers! This unique property features two homes on 5.58 acres with development zoning, rental income potential, and sweeping mountain views. Ideal for multi-generational living, future expansion, or investment, the main home offers an open-concept layout with luxury vinyl plank flooring, quartz countertops, a large island, pantry, and sliders that open to the backyard. The primary suite includes a private bath and walk-in closet, plus two additional bedrooms, a full bath, and laundry room. The second home, a well-maintained manufactured unit, includes LVP flooring, an eat-in kitchen with pantry, two bedrooms (including a walk-in closet), a full bath, and laundry with backyard access. Enjoy on-site walking and ATV trails, a covered patio, RV parking, and tranquil natural surroundings. There’s more than enough room to build a huge shop or expand with additional structures. Live in the main home and rent the manufactured for $1,800/month, or live in the manufactured and rent the main home for $2,300/month—instant income either way. Located minutes from Wallace Pond, Hwy 505, I-5, and local dining. Zoned for 8,000 sq ft lots with potential commercial use, this property offers more than a home, it offers opportunity. Listed at $765,000.

Listing Status:

Active

Date Added:

January 24, 2025 at 06:00AM

Listing Office:

Keller Williams Realty Portland Central : 503-548-4848

Listing Agent:

Nick Shivers : 503-389-0821

MLS ID:

315163659

Interior

• General: Ceiling fanLuxury vinyl plankTile floorVaulted ceiling
• Appliances: DishwasherFree standing rangeFree standing refrigeratorIslandMicrowavePantryQuartzStainless steel appliance
• Basement: Crawl space
• A/C: Central air
• Heating: Forced airHeat pump

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Nick Shivers, Keller Williams Realty Portland Central