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JRJeff ReynoldsCompass · Seattle

Listed by Zachary Taylor, Cascade Home Group

Land
Type
209,524 sq ft
Lot
24
Days on market

About this property

Pre-development work and Mount Rainier view potential await on this 4.81-acre parcel in Yelm, WA! Located in Thurston County with approximately 330 feet of frontage on 161st Way SE, this wooded property offers privacy, a quiet rural setting, and potential Mount Rainier views with selective tree removal. Power is already on site with a temporary pole in place, and no HOA restrictions apply. Significant groundwork has already been started, including a wetland delineation study, site plan submission, Reasonable Use application, and prior perc testing, providing a valuable head start for future development. A seasonal creek and pond add natural character, while the former dairy farm to the south creates additional buffering and privacy. Surrounded by established homes, including a recently built residence next door, the property combines privacy with proven development appeal. Conveniently located near Yelm with access to JBLM, Olympia, and outdoor recreation around Mount Rainier National Park, this property offers flexibility for a future homesite or investment. Please note that the two trucks and RV currently on the property are not included in the sale and will be removed prior to closing. Contact us today for more information!

Location & commute

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Directions

Property details

Listing details

Listing number
#2543323
Listed
June 19, 2026
Days on market
24
Original list price
$179,900

Views

View
Partial

Construction

Style
41 - Res-Over 1 Acre
Structure
None

Lot

Lot features
Open Space
Lot size
209,524 sq ft

Terms

Terms offered
CashConventionalState BondVA Loan

Utilities

Utilities
Electricity ConnectedNatural Gas AvailableSeptic Design Installed
Water
Well Needed
Sewer
Not Available

Schools

District
Yelm
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Partial
  • None
  • Open Space
  • Cash
  • Conventional
  • State Bond
  • VA Loan
  • Electricity Connected
  • Natural Gas Available
  • Septic Design Installed
  • Well Needed
  • Not Available

Listing history

  1. Listed

    $179,900

    June 19, 2026

  2. Current price

    $164,900

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

$960

Principal & interest
$834
Property tax (est.)
$126

Assumes $32,980 down (20%), a $131,920 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 12:30 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.