Listed by Coldwell Banker Bain
$4,500,000

132 xx Algyer Rd SE Rainier, WA 98576

Estimated payment $28,264/month

332.33 Acres
$13,541 Price per Acre
14,476,270 Sq Ft Lot

Highlights

  • Low Bank Waterfront Property
  • 332.33 Acre Lot
  • No HOA
  • Lake View
  • Secluded Lot
  • Open Space

About This Lot

Timbered 330+/- acres located south of Rainier, Washington. Level to rolling topography across 19 parcels with views of Mt Rainier! Fish for bass in Lake Fifteen which is entirely within the boundaries of the property. Various aged timber stands with almost 140 acres in 30+ year old stands. Scattered stands of 100 year old timber! Gated access via two paved, county roads. Power and phone in street. Cable through a portion of the internal road network. Numerous trails and roads for recreation. Wildlife galore! Thurston County RRR 1/5 zoning provides future subdivision potential. Whether you're looking for a one-of-a-kind private estate, a private getaway, recreational tract or a potential housing development, this one has it all!

Listing Agent

Mike Jernquist

Coldwell Banker Bain License #13888 Listed on: 11/24/2025

Coldwell Banker Bain

Co-Listing Agent

Scott McDonald

Coldwell Banker Bain License #101807

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2453263

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Lot Details

  • 332.33 Acre Lot
  • Low Bank Waterfront Property
  • Lake Front
  • Open Space
  • Secluded Lot
  • Level Lot
  • 21615130100,21615130200,21615130300,21615130400,21615240000,21615240100,21615310100,21615310200,21615330200,21615340100,21615340300,21615340400,21615410100,21615410200,21615420100,21615420200,21615430200,21615440200

Property Views

  • Lake
  • Mountain
  • Territorial

Utilities

  • Overhead Utilities
  • Well Required
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Lake 15 Condos
  • Vail Subdivision

Listing and Financial Details

  • Assessor Parcel Number 21615230000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: Lake 15
  • CalculatedSquareFootage: 0
  • PropertyFeatures: Comm. Grade Timber,Evergreens,Heavily Forested,Lightly Treed,ORV Trails,Partially Cleared,Pond,Recreational,Riding Trails,Stream/Creek
  • SOCComments: See Broker's Remarks
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • View: Lake, Mountain(s), See Remarks, Territorial
  • Lot Features: High Voltage Line, Open Space, Paved, Secluded
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Low Bank, Lake, No Bank
  • Waterfront: Yes
  • Structure Type: Unspecified
  • RoadInformation: County Maintained,County Right of Way,Paved
  • RoadOnWhichSide: West
  • Easements: Access

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: Well Needed
  • Security: Security System
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Electricity Available
  • ElectricityStatus: In Street
  • GasStatus: Not Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Rainier

Lot Info

  • Parcel Number: 21615230000
  • Topography: Level,Rolling,Sloped
  • Lot Size Acres: 332.3294
  • Lot Size Sq Ft: 14476295
  • Additional Parcels Description: 21615130100,21615130200,21615130300,21615130400,21615240000,21615240100,21615310100,21615310200,21615330200,21615340100,21615340300,21615340400,21615410100,21615410200,21615420100,21615420200,21615430200,21615440200
  • Zoning Description: Residential
  • Zoning: RRR 1/5
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: assessor
  • ZoningJurisdiction: County

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2025 11/24/25 For Sale $4,500,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2453263

Northwest Multiple Listing Service (NWMLS)