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JRJeff ReynoldsCompass · Seattle

Listed by Robert McDaniel, Capitol Real Estate LLC

Land
Type
217,800 sq ft
Lot
31
Days on market

About this property

DEVELOPMENT ALERT: 5 LEVEL ACRES DIRECTLY OPPOSITE YELM HIGH SCHOOLPositioned directly in the path of progress, this level, fully fenced 5-acre parcel represents an extraordinary strategic acquisition for forward-thinking investors, builders, and developers. Currently zoned RR 1/5 in unincorporated Thurston County, this property sits securely within the City of Yelm’s Urban Growth Area (UGA)—a critical territory targeted for immediate boundary correction and high-density growth to meet regional housing deficits.The site features road frontage on both Yelm Highway (WA-510) and 93rd Ave SE, ensuring exceptional access and visibility for a future subdivision or multi-family project. Utilities are developer-friendly with power readily available in the street, an existing drilled well, and a previous septic design on file. Minutes from downtown Yelm, dining, and retail, with a direct, smooth commute to JBLM, Olympia, and I-5. Bring your vision, review the UGA joint plan, and secure your next major project before the map changes permanently. Buyer to verify all development, utility capacity, and annexation timelines to their satisfaction.

Location & commute

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Directions

Property details

Listing details

Listing number
#2539019
Listed
June 12, 2026
Days on market
31
Original list price
$500,000

Construction

Style
41 - Res-Over 1 Acre
Structure
None

Lot

Lot features
Paved
Lot size
217,800 sq ft

Terms

Terms offered
CashConventional

Utilities

Utilities
Electricity AvailableSeptic Design Installed
Water
Drilled Well
Sewer
Not AvailableOn Property

Schools

District
Yelm
Elementary
Southworth Elem
Middle
Yelm Mid
High
Yelm High12

What stands out to you?

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  • None
  • Paved
  • Cash
  • Conventional
  • Electricity Available
  • Septic Design Installed
  • Drilled Well
  • Not Available
  • On Property

Listing history

  1. Listed

    $500,000

    June 12, 2026

  2. Current price

    $326,000

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

$1,898

Principal & interest
$1,648
Property tax (est.)
$250

Assumes $65,200 down (20%), a $260,800 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 14, 2026 at 12:15 AM 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.