Listed by Sandi Hofmann, NextHome Northwest Group
- 3
- Bedrooms
- 2
- Bathrooms
- 1,396
- Square feet
- $304
- Per sq ft
- Single Family Residence
- Type
- 1961
- Year built
- 126,760 sq ft
- Lot
- 42
- Days on market
About this property
Development opportunity in the heart of Rainier! This 2.91-acre property offers rare in-city acreage with excellent potential for future use or development. Depending on buyer plans and city approval, possibilities may include single-family, duplex, townhome, multifamily, group living, daycare, or other permitted uses. Existing cabin is of little value; the value is in the land. City water and power are already on the property. Enjoy a peaceful setting near schools, parks, and the Yelm-Tenino Trail. Seasonal purple camas flowers and yellow buttercups add beautiful natural color across the property. Conveniently located with access to Rainier amenities and a short drive to Olympia, Yelm, Tenino, and JBLM. Buyer to verify all development potential and permitted uses to their satisfaction.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2532939
- Listed
- June 1, 2026
- Days on market
- 42
- Price per sq ft
- $304
- Original list price
- $449,500
Unit & building
- Unit levels
- One
Parking
- Parking
- DrivewayOff StreetRV Parking
- Total spaces
- 6
Views
- View
- MountainsTerritorial
Construction
- Year built
- 1961
- Style
- 10 - 1 Story
- Structure
- House
- Roof
- Composition
Heating & cooling
- Heating
- Forced AirStove/Free Standing
- Cooling
- None
- Energy source
- ElectricWood
Interior features
- Features
- Bath Off PrimaryCeiling Fan(s)FireplacePantryWalk-In Closet(s)Water Heater
- Fireplaces
- 1
- Fireplace type
- Wood Burning
Flooring
- Flooring
- VinylCarpet
Appliances
- Appliances
- DishwasherDouble OvenMicrowaveRefrigeratorStove(s)/Range(s)
Lot
- Lot features
- Adjacent to Public LandOpen SpacePavedSecludedSidewalkValue In Land
- Lot size
- 126,760 sq ft
Terms
- Terms offered
- Cash
Utilities
- Water
- City of Rainier
- Sewer
- Private Septic
- Power
- Puget Sound Energy
Schools
- District
- Rainier
- Elementary
- Rainier Primary Sch
- Middle
- Rainier Mid
- High
- Rainier Snr High
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- One
- Driveway
- Off Street
- RV Parking
- Mountains
- Territorial
- House
- Composition
- Forced Air
- Stove/Free Standing
- None
- Electric
Listing history
Listed
$449,500
June 1, 2026
Current price
$424,950
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
$2,475
- Principal & interest
- $2,149
- Property tax (est.)
- $326
Assumes $84,990 down (20%), a $339,960 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.
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Based on information submitted to the MLS GRID as of July 13, 2026 at 10:45 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.