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$1,800,000
2 Days On Site

16418 Middle Road SE
Yelm, WA98597

For Sale|Land|Active
Cumulative Days On Market:
3
Subdivision:
Yelm
County:
Thurston
Courtesy of NWMLS
Listing courtesy of Rick W. Seddon of John L. Scott, Inc.

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 253-268-1714
Is this the listing for you? We can help make it yours.
253-268-1714
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Exceptional 4.3-acre development opportunity in the heart of Yelm! Offered with a 23-lot preliminary plat and engineering already completed, this property presents a rare chance for builders and developers to accelerate their timeline and capitalize on the area's continued growth and strong housing demand. Utilities are in the street, helping streamline the development process and reduce upfront infrastructure hurdles. The property includes an existing home, providing the flexibility to generate rental income while final approvals are secured and development plans move forward. Whether you're looking to build out the project immediately or hold as an investment, the existing residence offers valuable interim cash flow. With much of the preliminary planning work already completed, this is an exceptional chance to capitalize on the continued demand for new housing in Thurston County. Conveniently located with access to schools, shopping, and major commuter routes, the project is well-positioned for future success. Opportunities with substantial pre-development work already in place are becoming increasingly scarce—secure this 23-lot project and bring your vision to life in one of Thurston County's fastest-growing communities.

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Listing Snapshot
Price 
$1,800,000
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
0 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
4.3538 Acres
Year Built 
N/A
MLS® Number 
2531310
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Acres 
4.3538
Additional Property Use 
Residential
Sewer 
Septic Tank
Utilities 
Electricity AvailableNatural Gas Available
Water Source 
PrivateWell
Zoning 
Residential
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Community Features
Financing Terms Available 
CashConventional
MLS Area 
453 - Yelm/Rainier
Roads 
Gravel
School District 
Yelm
Schools
School District
Yelm
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Courtesy of NWMLS
Listing courtesy of Rick W. Seddon of John L. Scott, Inc.



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-06-04 09:29 AM PDT

Neighborhood & Commute
Source: Walkscore
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