For Sale
No HOANo HOA
Land for sale at 16643 Canal Rd SE, Yelm, WA 98597 | MLS# NWM2549015 | Listing updated on 2026-09-22
Photo 1 of Land for sale at 16643 Canal Rd SE, Yelm, WA 98597 | MLS# NWM2549015 | Listing updated on 2026-09-22
Photo 2 of Land for sale at 16643 Canal Rd SE, Yelm, WA 98597 | MLS# NWM2549015 | Listing updated on 2026-09-22
Photo 3 of Land for sale at 16643 Canal Rd SE, Yelm, WA 98597 | MLS# NWM2549015 | Listing updated on 2026-09-22
Photo 4 of Land for sale at 16643 Canal Rd SE, Yelm, WA 98597 | MLS# NWM2549015 | Listing updated on 2026-09-22
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Listed by: Jake DeAtley (360) 481-6448 | John L. Scott Lacey (360) 667-5100

$2,350,000

Monthly Est:$11,697

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon8.74acres lot

16643 Canal Rd SE, Yelm, WA 98597

$11,697/moEst:

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  • Land

  • Built in -

  • $-- HOA

  • 8.74 acres lot

  • $268,879/acre

Description

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.

  • Houzeo last checked: 12 hours ago
  • Listing updated: September 22, 2026 at 6:43 am
  • Source: Northwest Multiple Listing Service | MLS#: NWM2549015 Northwest Multiple Listing Service

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    Thurston County

  • City

    Yelm

  • Neighborhood

    --

  • Year Built

    -

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    8.74 acres lot

  • Basement Area

    - sqft

  • MLS Name

    Northwest Multiple Listing Service

  • MLS Number

    NWM2549015

  • MLS Status

    Active

  • Days on Market

    89

  • Cumulative Days on Market

    88

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Sewer

    In Street

Utilities & Energy

  • Utilities

    Electricity Available

  • Water Source

    In Street

Other Features

  • Lot Features

    Corner Lot, Open Space, Paved

  • Vegetation

    See Remarks

  • Subdivision Name

    Yelm

Price History

DateEventPrice

07/06/2026

Source: mls_logoNorthwest Multiple Listing Service #NWM2549015

Listed for Sale

$2,350,000

$0/sqft

Nearby Homes

Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 02, 2026, 09:01AM. 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.


IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.

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