About this home

Unlock the full potential of this 7-acre development site in the fast-growing market of Yelm. Recently rezoned to R-16, this property is positioned for higher-density residential development with utilities (water and sewer) readily available in the street - reducing upfront infrastructure costs and accelerating your timeline to build. Strategically bordered by R-6 zoning, the project benefits from built-in density balance- supporting strong absorption rates while avoiding over-saturation. The flat, usable acreage on Yelm's desirable east side allows for efficent site planning and maximum yield. Located minutes from Joint Base Lewis-McCord long term lifestyle appeal for future buyers. Yelm continues to experience rapid population growth and housing demand outpacing supply - making this a prime opportunity for developers and investors seeing strong returns in an emerging market.

Property details

Parking: Garage
Lot: Paved, Secluded
Water source: In Street
Sewer: In Street
Utilities: Electricity Connected, Natural Gas Available, Septic Design Installed

Costs

Annual taxes: $1,845 (2026)

Estimate your monthly payment

$11,278/mo

Principal & interest: $11,124
Property taxes: $154

Down payment (20%) $440,000 Interest rate (%) Loan term (years)

Loan amount $1,760,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Yelm, WA 98597

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Windermere RE West Campus Inc— Adrianne Jones.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

Interested in this home?

Request a private tour or ask a question — a local agent will respond personally.