$1,800,000
Est. $9,254/mo16418 Middle Road Se, Yelm, WA 98597
• Listed 2026-06-01•25 days on market
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Exceptional 4.3-acre development opportunity in the heart of Yelm! Offered with a 23-lot preliminary plat and engineering already completed, this property presents a rare chance for builders and developers to accelerate their timeline and capitalize on the area's continued growth and strong housing demand. Utilities are in the street, helping streamline the development process and reduce upfront infrastructure hurdles. The property includes an existing home, providing the flexibility to generate rental income while final approvals are secured and development plans move forward. Whether you're looking to build out the project immediately or hold as an investment, the existing residence offers valuable interim cash flow. With much of the preliminary planning work already completed, this is an exceptional chance to capitalize on the continued demand for new housing in Thurston County. Conveniently located with access to schools, shopping, and major commuter routes, the project is well-positioned for future success. Opportunities with substantial pre-development work already in place are becoming increasingly scarce—secure this 23-lot project and bring your vision to life in one of Thurston County's fastest-growing communities.
Listed by Rick W. Seddon • John L. Scott, Inc.
Listing updated: July 6, 2026 at 10:26am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2531310
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16418 Middle Road Se, Yelm, WA 98597
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More homes in this area that match your range.
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: The average home sells very close to list price.
Time on market: The average home goes pending in around 15 days.
$541,708 Sold
1 week ago
4 bd•2.25 ba
9804 Ferns Loop Se, Yelm, WA 98597
5%
Over list
—
Days on market
0.2 mi
Distance
$483,000 Sold
1 week ago
3 bd•2.25 ba•~1,797 sq ft•Single Family
16559 Ireland Avenue Se, Yelm, WA 98597
2%
Over list
—
Days on market
0.2 mi
Distance
$575,897 Sold
3 weeks ago
4 bd•2.5 ba•~2,448 sq ft•Single Family
15671 Ireland Avenue Se, Yelm, WA 98597
5%
Over list
—
Days on market
0.2 mi
Distance
$559,867 Sold
3 weeks ago
4 bd•2.25 ba•~2,155 sq ft•Single Family
16565 Ireland Avenue Se, Yelm, WA 98597
6%
Over list
—
Days on market
0.2 mi
Distance
$548,490 Sold
4 weeks ago
4 bd•2.75 ba•~2,155 sq ft•Single Family
16583 Ireland Avenue Se, Yelm, WA 98597
0%
Under list
—
Days on market
0.2 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
