Welcome to Reichel Farm - A rare working cattle operation in Thurston County: 145.06 gross acres, fully fenced, with prime pasture and strong hay potential. The property is anchored by a massive barn and outbuildings, an existing farmhouse, and a private well and septic system already in place. Predominantly flat, well-drained, and currently held under agricultural tax classification, with Mount Rainier views from most of the acreage and frontage on multiple public roads. For farmers and compound-living buyers: Zoned RRR 1/5 (one dwelling unit per five acres), the property supports multiple residences across the acreage without any subdivision required, ideal for buyers looking to move several households onto the same property. The existing farmhouse and barn provide a ready-made operational base, with room to build additional homes, expand grazing or hay ground, and keep the whole operation under one deed. Fencing, water, and septic infrastructure already support the working farm as-is.Development potential: The same acreage also carries development upside. A completed critical areas study identifies roughly 134 net acres available after wetland, stream, and prairie buffers, with a preliminary yield in the low-to-mid 20s in lots. Full due diligence materials available on request for buyers who want to evaluate that path alongside continued agricultural use.
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Zillow last checked:
Listing updated:
Listed by:
Catherine Larrow,
Homestead Home Group,
Nathan Graham,
Homestead Home Group
Source: NWMLS as distributed by MLS GRID,MLS#: 2565417
Facts & features
Interior
Heating
Radiant, Geothermal
Cooling
None
Appliances
Included: See Remarks
Features
Basement: None
Has fireplace: No
Interior area
Total structure area: 3,608
Total interior livable area: 3,608 sqft
Property
Parking
Total spaces: 16
Covered spaces: 8
Uncovered spaces: 8
Features
Levels: Two
Stories: 2
Fencing: Perimeter
Lot
Size: 145.06 Acres
Features: Paved
Topography: Level,Partial Slope
Details
Additional structures: Storage, Workshop, Barn Features: Multiple Storage, Barn Type: Hay
Parcel number: 09910006000
Special conditions: Standard
Construction
Type & style
Home type: SingleFamily
Architectural style: Traditional,2 Story
Property subtype: Single Family Residence, Ranch
Materials
Wood Siding
Foundation: Poured Concrete
Roof: Metal
Condition
Year built: 1901
Major remodel year: 1901
Utilities & green energy
Sewer: Septic Tank
Community & HOA
Community
Subdivision: Bald Hills
Location
Region: Yelm
Financial & listing details
Price per square foot: $790/sqft
Tax assessed value: $20,400
Annual tax amount: $1,763
Date on market: 8/16/2026
Cumulative days on market: 2 days
Listing terms: Conventional,Farm Home Loan,See Remarks
Inclusions: Cattle, See Remarks
Lease term: Month-to-Month
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,473/mo
Price history
Date
Event
Price
8/18/2026
Listed for sale
$2,850,000+3702.5%$790/sqft
Source: NWMLS as distributed by MLS GRID #2565417Report a problem