Active · Residential

12306 Bald Hill Road SE, Yelm, WA 98597

Yelm, WA 98597

$2,850,000

3 bedrooms · 2 bathrooms · 3,608 sq ft

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Listing provided by Homestead Home Group · MLS #2565412 · Active

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About this property

Welcome to Reichel Farm - a rare offering in Thurston County. This 145+ gross acre property spans several parcels and is zoned RRR 1/5 (one dwelling unit per five acres) with incredible development potential! The land features Mount Rainier views from most of the property and frontage on multiple public roads. Predominantly flat, well-drained pastureland and currently in agricultural classification for low taxes. A completed critical areas study identifies roughly 134 net acres available after wetland, stream, and prairie buffers, supporting a preliminary lot yield in the low-to-mid 20s. Five legal lots of record already exist across the six parcels, existing private well and septic infrastructure, and a neighboring large-lot plat proceeding on individual well/septic systems all provide useful precedent for underwriting. Full due diligence package - title commitment, critical areas reports, and parcel-level detail available on request. For multi-home and working farm use: The same 1-per-5-acre zoning that supports subdivision also supports multiple residences on the property without platting a single lot. The existing farmhouse and barn anchor a working farmstead, with room across the acreage for additional homesites, pasture for livestock, and space for hay or crop production. Whether the plan is a phased development or a large-scale private compound with multiple homes, this property offers the acreage, zoning, and utility infrastructure to make it possible!

Property details

Property type: Single Family Residence
Year built: 1901
Lot size: 6,318,814 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $1,763 (2026)
Parking spaces: 16
School district: Yelm

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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