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Street View
Listed by: Jake DeAtley (360) 481-6448 | John L. Scott Lacey (360) 667-5100
$2,350,000
Monthly Est:$11,697
-- Bed
- -- Bath
8.74acres lot
16643 Canal Rd SE, Yelm, WA 98597
$2,350,000
$11,697/moEst:
Get Pre-Approved
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

Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
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
| Date | Event | Price |
|---|---|---|
07/06/2026 Source: | Listed for Sale | $2,350,000 $0/sqft |
Nearby Homes
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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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