503 Centre St N Rainier, WA 98576
Estimated payment $2,563/month
Highlights
- RV Access or Parking
- Fruit Trees
- Territorial View
- 2.91 Acre Lot
- Secluded Lot
- No HOA
About This Home
Development opportunity in the heart of Rainier! This 2.91-acre property offers rare in-city acreage with excellent potential for future use or development. Depending on buyer plans and city approval, possibilities may include single-family, duplex, townhome, multifamily, group living, daycare, or other permitted uses. Existing cabin is of little value; the value is in the land. City water and power are already on the property. Enjoy a peaceful setting near schools, parks, and the Yelm-Tenino Trail. Seasonal purple camas flowers and yellow buttercups add beautiful natural color across the property. Conveniently located with access to Rainier amenities and a short drive to Olympia, Yelm, Tenino, and JBLM. Buyer to verify all development potential and permitted uses to their satisfaction.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2532939
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,507
Year Built
- Built in 1961
Lot Details
- 2.91 Acre Lot
- Open Space
- Partially Fenced Property
- Brush Vegetation
- Secluded Lot
- Level Lot
- Fruit Trees
- Wooded Lot
- Garden
- Value in Land
Home Design
- Block Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 1,396 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Territorial Views
- Unfinished Basement
Kitchen
- Double Oven
- Stove
- Microwave
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Walk-In Closet
- Bathroom on Main Level
Parking
- Driveway
- Off-Street Parking
- RV Access or Parking
Outdoor Features
- Patio
- Outbuilding
Schools
- Rainier Primary Sch Elementary School
- Rainier Mid Middle School
- Rainier Snr High School
Farming
- Pasture
Utilities
- Forced Air Heating System
- Water Heater
- Septic Tank
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Rainier Subdivision
- Property is near a preserve or public land
Listing and Financial Details
- Senior Tax Exemptions
- Assessor Parcel Number 21609210300
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/01/2026 06/01/26 | For Sale | $449,500 | -- | $322 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2532939
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by 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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.