Fixer Opportunity in Gated Fawn Lake – Unlock the Potential

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

Set within the private, gated Fawn Lake Community, this 1,272 sq ft home offers a rare chance to create value in a location people already want to be. With 3 bedrooms and a layout centered around a spacious great room, the bones are here—but it needs someone who knows how to execute.

The home includes a primary bedroom with its own 3/4 bath, a functional kitchen, and a woodstove that anchors the living space, adding character and warmth. Baseboard heating is already in place, and the roof was replaced around 2014—one major expense already handled.

But let’s be clear—this is not move-in ready. Past leaks in the laundry area have caused damage. Some kitchen cabinet doors are missing. Flooring, paint, and general cosmetic updates are needed throughout. There are also signs of wear including missing electrical covers and some wall and door damage from wheelchair use. The primary bedroom previously had a doggie door that has since been covered due to water intrusion.

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.

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