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JRJeff ReynoldsCompass · Seattle

Listed by Adrianne Jones, Windermere RE West Campus Inc

3
Bedrooms
3
Bathrooms
3,000
Square feet
$733
Per sq ft
Single Family Residence
Type
1994
Year built
304,920 sq ft
Lot
94
Days on market

About this property

Unlock the full potential of this 7-acre development site in the fast-growing market of Yelm. Recently rezoned to R-16, this property is positioned for higher-density residential development with utilities (water and sewer) readily available in the street - reducing upfront infrastructure costs and accelerating your timeline to build. Strategically bordered by R-6 zoning, the project benefits from built-in density balance- supporting strong absorption rates while avoiding over-saturation. The flat, usable acreage on Yelm's desirable east side allows for efficent site planning and maximum yield. Located minutes from Joint Base Lewis-McCord long term lifestyle appeal for future buyers. Yelm continues to experience rapid population growth and housing demand outpacing supply - making this a prime opportunity for developers and investors seeing strong returns in an emerging market.

Location & commute

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Directions

Property details

Listing details

Listing number
#2506865
Listed
April 10, 2026
Days on market
94
Price per sq ft
$733

Unit & building

Unit levels
One

Parking

Parking
Detached GarageOff StreetRV Parking
Covered spaces
6
Total spaces
6

Construction

Year built
1994
Style
10 - 1 Story
Structure
House
Roof
See Remarks

Heating & cooling

Heating
None
Cooling
None
Energy source
Electric

Lot

Lot features
Open SpacePavedSecluded
Lot size
304,920 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
Yelm (In Street)
Sewer
Yelm (In Street)

Schools

District
Yelm
Elementary
Fort Stevens Elem
Middle
Yelm Mid
High
Yelm High12

What stands out to you?

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  • One
  • Detached Garage
  • Off Street
  • RV Parking
  • House
  • See Remarks
  • None
  • Electric
  • Open Space
  • Paved
  • Secluded
  • Cash

Listing history

  1. Listed

    $2,200,000

    April 10, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$12,811

Principal & interest
$11,124
Property tax (est.)
$1,687

Assumes $440,000 down (20%), a $1,760,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 11:01 PM 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.