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JRJeff ReynoldsCompass · Seattle

12306 Bald Hill Rd SE, Yelm, WA 98597

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Active

Listed by Cat Larrow, Homestead Home Group

Active0 days on market

$2,850,000

$790 per sq ft

12306 Bald Hill Rd SE, Yelm, WA 98597

Yelm, WA, 98597

Baths
0
Sq ft
3,608
Built
1901
Parking
16 spaces
Ask Jeff

Tour this home

Jeff Reynolds · Managing Broker, Compass

Start with a focused 15-minute call, then tour with a clear due-diligence plan.

0
Bathrooms
3,608
Square feet
$790
Per sq ft
Farm & Ranch
Type
1901
Year built
6,318,814 sq ft
Lot
0
Days on market

About this property

Welcome to Reichel Farm - A rare working cattle operation in Thurston County: 145.06 gross acres, fully fenced, with prime pasture and strong hay potential. The property is anchored by a massive barn and outbuildings, an existing farmhouse, and a private well and septic system already in place. Predominantly flat, well-drained, and currently held under agricultural tax classification, with Mount Rainier views from most of the acreage and frontage on multiple public roads. For farmers and compound-living buyers: Zoned RRR 1/5 (one dwelling unit per five acres), the property supports multiple residences across the acreage without any subdivision required, ideal for buyers looking to move several households onto the same property. The existing farmhouse and barn provide a ready-made operational base, with room to build additional homes, expand grazing or hay ground, and keep the whole operation under one deed. Fencing, water, and septic infrastructure already support the working farm as-is.Development potential: The same acreage also carries development upside. A completed critical areas study identifies roughly 134 net acres available after wetland, stream, and prairie buffers, with a preliminary yield in the low-to-mid 20s in lots. Full due diligence materials available on request for buyers who want to evaluate that path alongside continued agricultural use.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2565417
Listed
August 17, 2026
Days on market
0
Price per sq ft
$790

Unit & building

Unit levels
Two

Parking

Covered spaces
8
Total spaces
16

Construction

Year built
1901
Style
12 - 2 Story
Structure
House
Roof
Metal

Heating & cooling

Heating
Radiant
Cooling
None
Energy source
Geothermal

Appliances

Appliances
See Remarks

Lot

Lot features
Paved
Lot size
6,318,814 sq ft

Terms

Terms offered
CashConventionalFarm Home LoanSee Remarks

Utilities

Sewer
Septic Tank

Schools

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

Listing history

  1. Listed

    $2,850,000

    August 17, 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

$16,596

Principal & interest
$14,411
Property tax (est.)
$2,185

Assumes $570,000 down (20%), a $2,280,000 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 August 18, 2026 at 12:45 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.