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Listed by Holly A. Kappert • Yelm Windermere.
FOR SALE

$2,250,000

Est. $12,194/mo

Price increased $250,000 from the original $2,000,000 asking price

3 bd•1.75 ba•1,628 sq ft

12649 Bald Hill Road SE, Yelm, WA 98597

• Listed Aug 6, 2026•82 days active · 82 cumulative

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★★★★★5.0·1,215 Google reviews

Listing Broker: Yelm Windermere; Holly A. Kappert; 253-905-1982; kappertholly@gmail.com

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Listing Broker: Yelm Windermere; Holly A. Kappert; 253-905-1982; kappertholly@gmail.com

About this home

If you're looking for a farming lifestyle then this is the place for you. This 3 Bdr. 1.5 bath, 1,628 Sq. ft. home with a 6,000 sq. ft. hay barn, that has feeding & storage capabilities, sits on 228.88 acres +-. The orchard has plum, pear & apple trees, some over 100 years old. If you like gardening there is plenty of room for a garden. There are many views of Mount Rainier from different locations on the property. In the winter there is duck & goose hunting from the spring fed pond. In the summer it produces hay & pasture for the cattle. There are several herds of elk that spend some time on the ranch which provides the opportunity for hunting. Approximately 54 acres are in hay production, & with fertilizer may produce a 100 ton, (+ or -) of hay. The ranch is made up of four separate parcels, with two entrances off Bald Hill Road. The drainage ditch on the eastern side was dug in 1857. Close to town, but in the country. Buyers must provide verifiable evidence of funds or a bank approval letter prior to confirmation of a property showing appointment. Seller is a licensed real estate broker in the state of Washington.

Property type
Single Family
Year built
1910
Interior
1,628 sq ft
Lot size
228.8796 acres
Parking
None
Price / sq ft
$1382
HeatingDuctless, Fireplace Insert
CoolingDuctless
Property taxes$1,720/yr (est.)
School districtYelm

Listed by Holly A. Kappert • Yelm Windermere

Listing updated: September 22, 2026 at 06:45pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2565661

Around this home

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12649 Bald Hill Road SE, Yelm, WA 98597

List price
$2,250,000
Down payment
$450,000

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

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.

Property details

Interior features

  • Dining Room
  • Family/Rec Room
  • Fireplace
  • Pantry
  • Wired for Generator
  • Fireplace (wood burning)

Kitchen

  • Dishwasher
  • Dryer
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 3 bedrooms total
  • 3 on the main level

Bathrooms

  • 1 full bathroom
  • 1 three-quarter bathroom (shower, no tub)
  • 1.75 bathrooms total (NWMLS count)
  • 2 on the main level

Layout

  • 1 Story
  • 1,628 sq ft finished
  • Remodeled / updated: true

Heating & cooling

  • Ductless heating
  • Fireplace Insert heating
  • Ductless cooling

Schools

Ratings via SchoolDigger

Yelm School District

  • Buyer To Verify
    Public · Grades Elementary
    —
  • Buyer To Verify
    Public · Grades Middle
    —
  • Yelm High12
    Public · Grades High
    —

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.

Farm & ranch facts

As entered by the listing broker on Northwest MLS

Farm & ranch

Farm type
Crop,Livestock
Acres
228.88 acres
Tillable acres
54 acres
Acreage comments
128.88 acres + or -
Topography
Level,Partial Slope,Rolling
Soil type
Clay,Clay Loam
Crop and soil comments
Harvested Hay Crop not included

Livestock & crops

Livestock type
Cattle,Horse
Livestock comments
Livestock not included

Barns & outbuildings

Barn type
Hay
Barn size
6000
Barn and outbuilding comments
Pump house with some storage
Other structures
Barn/Out Building Comments

Water & irrigation

Irrigation type
None
Irrigation water rights
No
Sewer
Septic Tank

Zoning, taxes & terms

Annual taxes
$1,720
Financing
Cash, Conventional, Farm Home Loan, USDA Loan

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

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The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

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Sales & Tax Records for 12649 Bald Hill Road SE

NWMLS via MLS Grid

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Sep 30, 2026
    Price raised
    NWMLS via MLS Grid · #2572547
    $2,250,000
    $1,382/sq ft
  2. Sep 23, 2026
    Price raised
    NWMLS via MLS Grid · #2565661
    $2,250,000
    $1,382/sq ft
  3. Aug 6, 2026
    Listed
    NWMLS via MLS Grid · #2565661
    $2,000,000
    $1,229/sq ft
  4. Aug 6, 2026
    Listed
    NWMLS via MLS Grid · #2572547
    $2,000,000
    $1,229/sq ft

Mortgage payment forecast

$12,900 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: Yelm Windermere; Holly A. Kappert; 253-905-1982; kappertholly@gmail.com

Market pulse

Yelm is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 77 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $290,000 Sold

    1 week ago

    •Single Family

    12626 Gilling Lane SE, Yelm, WA 98597

    3%

    Under list

    33

    Days on market

    0.5 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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Market data from MLS GRID / NWMLS · Updated Nov 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of November 9, 2026 at 8:37 PM PT (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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© 2026 Northwest Multiple Listing Service. All rights reserved.

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