$2,200,000
Est. $11,148/mo3 bd•3 ba•3,000 sq ft
10022 Grove Road Se, Yelm, WA 98597
• Listed 2026-04-10•39 days on market
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Based on information submitted to the MLS GRID as of May 5, 2026 at 01:43pm (date and time MLS GRID Data was obtained). 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 courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Unlock the full potential of this 7-acre development site in the fast-growing market of Yelm. Recently rezoned to R-16, this property is positioned for higher-density residential development with utilities (water and sewer) readily available in the street - reducing upfront infrastructure costs and accelerating your timeline to build. Strategically bordered by R-6 zoning, the project benefits from built-in density balance- supporting strong absorption rates while avoiding over-saturation. The flat, usable acreage on Yelm's desirable east side allows for efficent site planning and maximum yield. Located minutes from Joint Base Lewis-McCord long term lifestyle appeal for future buyers. Yelm continues to experience rapid population growth and housing demand outpacing supply - making this a prime opportunity for developers and investors seeing strong returns in an emerging market.
Listed by Adrianne Jones • Windermere RE West Campus Inc
Listing updated: May 5, 2026 at 01:43pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2506865
Open houses
No upcoming open houses scheduled for this property.
$1,238,000
-$962,000 under list price
Nearby comparable homes
RexMont uses 2 strongest recent nearby sales, priced between $1.15M and $1.32M.
Rental earnings
$3,725/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$1,150,000Last sold price
15424 127th Lane Se, Yelm, WA 98597
$1,325,000Last sold price
14045 Solberg Road Se, Yelm, WA 98597
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
10022 Grove Road Se, Yelm, WA 98597
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
$11,852 per month
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More homes in this area that match your range.
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Jason Munoz · Keller Williams South Sound
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David Neal · Knipe Realty ERA Powered
Yelm is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: Sale-vs-list ratio data not available for this area.
Time on market: The average home goes pending in around 13 days.
$525,900 Sold
5 months ago
3 bd•2 ba•~1,431 sq ft•Single Family
9721 Hay Street Se, Yelm, WA 98597
0%
Over list
—
Days on market
0.7 mi
Distance
$433,000 Sold
5 months ago
3 bd•2 ba•~1,367 sq ft•Single Family
16127 Prairie Creek Loop Se, Yelm, WA 98597
1%
Over list
—
Days on market
0.6 mi
Distance
$518,000 Sold
6 months ago
4 bd•2.5 ba•~2,170 sq ft•Single Family
10024 Cochrane Avenue Se, Yelm, WA 98597
0%
Over list
—
Days on market
0.4 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Yelm School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
