All homes

$2,850,000

12306 Bald Hill Road

Yelm, WA 98597

Active
Mountains viewTerritorial view

Beds

3

Baths

2

Sq Ft

3,608

Lot

145.06 ac

Year built

1901

Type

Residential

Days listed

MLS #

2565412

About this home

Welcome to Reichel Farm - a rare offering in Thurston County. This 145+ gross acre property spans several parcels and is zoned RRR 1/5 (one dwelling unit per five acres) with incredible development potential! The land features Mount Rainier views from most of the property and frontage on multiple public roads. Predominantly flat, well-drained pastureland and currently in agricultural classification for low taxes. A completed critical areas study identifies roughly 134 net acres available after wetland, stream, and prairie buffers, supporting a preliminary lot yield in the low-to-mid 20s. Five legal lots of record already exist across the six parcels, existing private well and septic infrastructure, and a neighboring large-lot plat proceeding on individual well/septic systems all provide useful precedent for underwriting. Full due diligence package - title commitment, critical areas reports, and parcel-level detail available on request. For multi-home and working farm use: The same 1-per-5-acre zoning that supports subdivision also supports multiple residences on the property without platting a single lot. The existing farmhouse and barn anchor a working farmstead, with room across the acreage for additional homesites, pasture for livestock, and space for hay or crop production. Whether the plan is a phased development or a large-scale private compound with multiple homes, this property offers the acreage, zoning, and utility infrastructure to make it possible!

Interior features

Water Heater

Exterior features

Wood

Schools

Elementary

Buyer To Verify

Middle

Buyer To Verify

High

Buyer To Verify

Property details

Heating
Radiant
Cooling
None
Flooring
Softwood
Parking
Detached Carport, Driveway
View
Mountains, Territorial
Lot
Paved, Value In Land
Water source
Individual Well
Sewer
Septic Tank
Levels
Two

Costs

Price / sq ft
$790
Annual taxes
$1,763 (2026)

Estimate your monthly payment

$14,558/mo

Principal & interest
$14,411
Property taxes
$147
Loan amount $2,280,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Yelm, WA 98597

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Homestead Home Group— Cat Larrow.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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