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Listed by:John L. Scott Lacey • Jake DeAtley
$ 2,350,000
Est. payment /mo
New
16643 Canal RD SE Yelm, WA 98597
8.74 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Yelm
MLS Listing ID 2549015
Style 41 - Res-Over 1 Acre
Annual Tax Amount $2,703
Lot Size 8.740 Acres
Property Sub-Type Land
Property 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.
Location
State WA
County Thurston
Area 453 - Yelm/Rainier
Interior
Fireplace false
Exterior
Utilities Available Electricity Available
View Y/N No
Building
Lot Description Corner Lot, Open Space, Paved
Sewer In Street
Water In Street
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Yelm
Others
Senior Community No
Acceptable Financing Cash, See Remarks
Listing Terms Cash, See Remarks

"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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