Active · Land

16643 Canal Road SE, Yelm, WA 98597

Yelm, WA 98597

$2,350,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by John L. Scott Lacey · MLS #2549015 · Active

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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.

Property details

Property type: Land
Lot size: 380,714 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $2,703 (2026)
School district: Yelm

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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