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$1,800,000

Listing Price

3beds

2.5baths

2,333sqft

39,649sqft lot

16418 Middle Rd Se, Yelm, WA 98597

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

--

Price / sqft

1966

Year built

Home Details

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.

Interior Details

Square Feet
  • 2333

Bedrooms
  • 3

Bathrooms
  • 2.5

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    None

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    Finished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Carpet

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 39649

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Split Level

Exterior
  • Wood

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Tile

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$3,500

$109,700

$185,900

--%

$295,600

2020

$3,500

$87,900

$182,100

--%

$270,000

2019

$2,891

$82,300

$183,500

--%

$265,800

2018

$3,390

$54,300

$195,800

--%

$250,100

2017

$2,997

$50,050

$181,700

--%

$231,750

2015

$2,652

$61,750

$131,700

--%

$193,450

2014

$2,637

$54,350

$132,500

--%

$186,850

2012

$2,801

$52,350

$140,300

--%

$192,650

percent-home-icon

Average Home Price in 98597

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Bed

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Sqft

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Sold Date

$473,447

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3 Beds

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3 Beds

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Sold 10/06/2026

$444,777

3 Beds

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Sold 10/05/2026

$524,900

3 Beds

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Sold 10/06/2026

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3 Beds

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Sold 10/06/2026

$519,000

4 Beds

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5,172 Lot (sqft)

Sold 09/29/2026

$520,000

3 Beds

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2,261 Sqft

5,172 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,800,000
$
Down payment
360,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
10,800
$
HOA (Monthly)
0
$
PMI
0
$
$11,652
Your Payment
Total Monthly Payment:$11,652
Percent of Income:200%
Affordable:No

Details for 16418 MIDDLE RD SE

Property Debt

Foreclosure Contact Details