Listed by John L. Scott, Inc.
$1,800,000

16418 Middle Rd SE Yelm, WA 98597

Yelm Area

Estimated payment $10,258/month

Total Views 3,618
4.35 Acres
$413,432 Price per Acre
189,652 Sq Ft Lot

About This Lot

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.

Listing Agent

Rick Seddon

John L. Scott, Inc. License #24442 Listed on: 06/01/2026

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2531310

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Lot Details

  • 4.35 Acre Lot
  • 64303500505

Utilities

  • Well
  • Septic Design Installed
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Yelm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 64303500501

Property Details

Property Type

Land

Lot Details

4.35 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • MLS Status: Active
  • Prev Status: Active
  • Structure Type: None
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Special Features: None

Interior Features

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

Exterior Features

  • Road Surface Type: Gravel
  • View: No
  • Waterfront: No
  • RoadInformation: Gravel

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: In Street
  • Water Source: In Street, Private Well
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Electricity Available, Natural Gas Available, Septic Design Installed
  • ElectricityStatus: In Street
  • GasStatus: In Street
  • SepticDesignInstalled: true

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Yelm

Lot Info

  • Parcel Number: 64303500501
  • Lot Size Acres: 4.3538
  • Lot Size Sq Ft: 189652
  • Additional Parcels Description: 64303500505
  • Zoning Description: Residential
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Plat Map
  • ZoningJurisdiction: See Remarks

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2026

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

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,916 $537,600 $216,700 $320,900
2024 $4,408 $461,900 $199,000 $262,900
2023 $4,408 $451,700 $178,700 $273,000
2022 $4,109 $443,300 $121,900 $321,400
2021 $3,744 $397,000 $172,500 $224,500
2020 $3,501 $295,600 $109,700 $185,900
2019 $2,891 $270,000 $87,900 $182,100
2018 $3,390 $250,100 $54,300 $195,800
2017 $2,997 $231,750 $50,050 $181,700
2016 $2,653 $211,500 $64,400 $147,100
2014 -- $193,450 $61,750 $131,700
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $316,458 Chicago Title
Warranty Deed $264,741 Chicago Title Company
Warranty Deed $195,200 Thurston County Title Co
Warranty Deed $162,500 Thurston County Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $203,958 Future Advance Clause Open End Mortgage
Previous Owner $156,160 No Value Available
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2531310

Northwest Multiple Listing Service (NWMLS)

APN: 64303500501

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