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$2,350,000
20 Days On Site

16643 Canal Road SE
Yelm, WA98597

For Sale|Land|Active
Cumulative Days On Market:
21
Subdivision:
Yelm
County:
Thurston
Courtesy of NWMLS
Listing courtesy of Jake DeAtley of John L. Scott Lacey

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253-268-1714
16643 Canal Road SE16643 Canal Road SE16643 Canal Road SE16643 Canal Road SE
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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.

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Listing Snapshot
Price 
$2,350,000
Days On Site 
20 Days
Bedrooms 
N/A
Inside Area (SqFt) 
0 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
8.74 Acres
Year Built 
N/A
MLS® Number 
2549015
Status 
Active
Property Tax 
$2,703
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Acres 
8.74
Additional Property Use 
Residential
Utilities 
Electricity Available
Zoning 
R-6
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Exterior Features
Lot Features 
LevelCorner LotPaved
Community Features
Financing Terms Available 
Cash
MLS Area 
453 - Yelm/Rainier
Roads 
Paved
School District 
Yelm
Schools
School District
Yelm
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Courtesy of NWMLS
Listing courtesy of Jake DeAtley of John L. Scott Lacey



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: 2026-07-27 03:07 AM PDT

Neighborhood & Commute
Source: Walkscore
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