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16418 Middle Rd SE, Yelm, WA 98597
About this home
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.

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Nearby open houses (10)
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- REDFIN OPEN SAT, 11AM TO 1PM3D WALKTHROUGH$410,0003 beds2 baths1,473 sq ft8531 Quinault Dr NE, Olympia, WA 985160.23 acre lot • Garage • Built 1969Redfin
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- OPEN SAT, 11AM TO 2PMVIDEO TOUR$410,0003 beds1 bath1,086 sq ft8339 Daycrest Dr SE, Olympia, WA 985139,600 sq ft lot • Garage • Built 1976Sandra Hanby • BCR LLC
- OPEN SAT, 11AM TO 1PM$424,9503 beds1.5 baths1,120 sq ft18817 9th Avenue Ct E, Spanaway, WA 983870.32 acre lot • Garage • Built 1977Lani Fisher • eXp Realty
- OPEN SAT, 12PM TO 2PM3D WALKTHROUGH$699,0003 beds2 baths2,250 sq ft13211 Faircourt Ln SE, Rainier, WA 985765 acre lot • Garage • PoolBond Finseth • Windermere Prof Partners
- REDFIN OPEN SAT, 2PM TO 4PM3D WALKTHROUGH$630,0005 beds2.5 baths2,575 sq ft8324 48th Ct SE, Lacey, WA 985035,160 sq ft lot • Garage • Built 2016Redfin
- REDFIN OPEN SAT, 2PM TO 4PM3D WALKTHROUGH$565,0003 beds2.5 baths2,223 sq ft939 Vine Maple St SE, Olympia, WA 985035,617 sq ft lot • Garage • Built 2021Redfin
- REDFIN OPEN SAT, 2PM TO 4PM3D WALKTHROUGH$500,0004 beds2.5 baths2,502 sq ft7123 33rd Ave NE, Lacey, WA 985165,376 sq ft lot • Garage • Built 2006Redfin
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Around this home
Schools
- K - 12
- Preschool & daycare
Public PreK-5 • Assigned • 0.3mi
Public 6-8 • Assigned • 0.7mi
Public 9-12 • Assigned • 1.6mi
Lifestyle
Provided by Walk Score and Local Logic
Property details
- Interior
- Exterior
- Finance
Interior features- No structure on property (land only)
Exterior features- Gravel road access
- Street utilities available
- Utilities and services include electricity and natural gas available
- Septic design installed
Home design- Land parcel — residential use
- Over 1 acre parcel (approximately 4.35 acres)
Construction- No building/structure present
Utilities- Water available in street and option for private well
- Electricity available in street
- Natural gas available in street
- Sewer available in street
- Septic design installed
Financial info- Listing accepts cash and conventional financing
Other- MLS-listed as land, style code: Res-Over 1 Acre
View estimated energy costs and solar savings for this home
Sale and tax history for 16418 Middle Rd SE
- Sale History
- Tax History
Public record
- Public record
- Zoning
R-6
Moderate-Density Residential Zone
It is the intent of this chapter to enhance and guide development of moderate density, and to provide for a greater variety of housing types.Include but are not limited to:
- Housing-Single unit
- Housing-Multiple units
- Housing-Senior
- Public service
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.15% chance of being in a wildfire in next 30 years
7 days above 87° expected this year, 15 days in 30 years
Minimal risk of severe winds over next 30 years
7 unhealthy days expected this year, 9 days in 30 years
Sun exposure
Exceptional sunlight
SunscoreThis home receives average direct sun exposure in Yelm. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
Redfin Estimate for 16418 Middle Rd SE
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Listed by John L. Scott, Inc.
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