$159,900
Est. $822/mo19509 161st Way Se, Yelm, WA 98597
• Listed 2026-06-19•1 day on market
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Based on information submitted to the MLS GRID as of July 29, 2026 at 11:57pm (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.
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Pre-development work and Mount Rainier view potential await on this 4.81-acre parcel in Yelm, WA! Located in Thurston County with approximately 330 feet of frontage on 161st Way SE, this wooded property offers privacy, a quiet rural setting, and potential Mount Rainier views with selective tree removal. Power is already on site with a temporary pole in place, and no HOA restrictions apply. Significant groundwork has already been started, including a wetland delineation study, site plan submission, Reasonable Use application, and prior perc testing, providing a valuable head start for future development. A seasonal creek and pond add natural character, while the former dairy farm to the south creates additional buffering and privacy. Surrounded by established homes, including a recently built residence next door, the property combines privacy with proven development appeal. Conveniently located near Yelm with access to JBLM, Olympia, and outdoor recreation around Mount Rainier National Park, this property offers flexibility for a future homesite or investment. Please note that the two trucks and RV currently on the property are not included in the sale and will be removed prior to closing. Contact us today for more information!
Listed by Zachary Taylor • Cascade Home Group
Listing updated: July 29, 2026 at 11:57pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2543323
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (8)
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Open Sat, Aug 1
Open Sat, Aug 1 +8
Open Sat, Aug 1 +8
Open Sat, Aug 1 +8
Open Sat, Aug 1 +8$308,000
+$148,100 over list price
Nearby comparable homes
RexMont uses 2 strongest recent nearby sales, priced between $307K and $310K.
Rental earnings
$925/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$309,950Last sold price
18544 Surcingle Court Se, Yelm, WA 98597
$307,000Last sold price
22717 Briarwood Court 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.
19509 161st Way 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
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
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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: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: Days-on-market data not available for this area.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 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.
