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JRJeff ReynoldsCompass · Seattle

Listed by Jake DeAtley, John L. Scott Lacey

Land
Type
380,714 sq ft
Lot
7
Days on market

About this property

Exceptional residential development opportunity within the City of Yelm. This ±8.74-acre property is zoned R-6 Medium Density Residential and offers excellent potential for a thoughtfully designed single-family subdivision. A professional conceptual site plan prepared by Patrick Harron & Associates demonstrates the feasibility of approximately 49 residential lots, providing developers with a potential layout. City allows for 20% density bonus under certain conditions. The property is currently vacant, undeveloped, and relatively flat, allowing for minimal land prep required. Conveniently located near existing residential growth, schools, parks/trails, shopping, and major commuter routes, the site is well positioned to meet continued housing demand in one of Thurston County's fastest-growing communities. Water and sewer infrastructure are available at the street (buyer to verify capacity and connection requirements). Annexation and zoning work have already been completed, allowing developers to focus on advancing project approvals. Conceptual site plan, supporting development information, and additional due diligence materials are available. Buyer to verify all development potential, density, utility capacity, permitting requirements, and intended use to their satisfaction.

Location & commute

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Directions

Property details

Listing details

Listing number
#2549015
Listed
July 6, 2026
Days on market
7

Construction

Style
41 - Res-Over 1 Acre
Structure
None

Lot

Lot features
Corner LotOpen SpacePaved
Lot size
380,714 sq ft

Terms

Terms offered
CashSee Remarks

Utilities

Utilities
Electricity Available
Water
In Street
Sewer
In Street

Schools

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

What stands out to you?

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  • None
  • Corner Lot
  • Open Space
  • Paved
  • Cash
  • See Remarks
  • Electricity Available
  • In Street

Listing history

  1. Listed

    $2,350,000

    July 6, 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

$13,685

Principal & interest
$11,883
Property tax (est.)
$1,802

Assumes $470,000 down (20%), a $1,880,000 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.