DEVELOPMENT ALERT: 5 LEVEL ACRES DIRECTLY OPPOSITE YELM HIGH SCHOOLPositioned directly in the path of progress, this level, fully fenced 5-acre parcel represents an extraordinary strategic acquisition for forward-thinking investors, builders, and developers. Currently zoned RR 1/5 in unincorporated Thurston County, this property sits securely within the City of Yelm’s Urban Growth Area (UGA)—a critical territory targeted for immediate boundary correction and high-density growth to meet regional housing deficits.The site features road frontage on both Yelm Highway (WA-510) and 93rd Ave SE, ensuring exceptional access and visibility for a future subdivision or multi-family project. Utilities are developer-friendly with power readily available in the street, an existing drilled well, and a previous septic design on file. Minutes from downtown Yelm, dining, and retail, with a direct, smooth commute to JBLM, Olympia, and I-5. Bring your vision, review the UGA joint plan, and secure your next major project before the map changes permanently. Buyer to verify all development, utility capacity, and annexation timelines to their satisfaction.
Active
Listed by: Capitol Real Estate LLC • Robert McDaniel
Price cut: $174K (6/26)
$326,000
14711 State Route- 510 SE, Yelm, WA 98597
--beds
--baths
5Acres
Unimproved Land
Built in ----
5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 37 days |
- 145 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Robert McDaniel,
Capitol Real Estate LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2539019
Facts & features
Interior
Property
Lot
- Size: 5 Acres
- Features: Paved, Evergreens, Lightly Treed, Pasture Land
- Topography: Level
Details
- Parcel number: 21713330403
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: In Street
- Gas: Not Available
- Sewer: Not Available, On Property, Septic Design Installed
- Water: Drilled Well
- Utilities for property: Electricity Available, Septic Design Installed
Community & HOA
Community
- Subdivision: Yelm
Location
- Region: Yelm
Financial & listing details
- Tax assessed value: $156,600
- Annual tax amount: $1,249
- Date on market: 6/11/2026
- Cumulative days on market: 39 days
- Listing terms: Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,455/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Price change | $326,000-34.8% |
Source:  NWMLS as distributed by MLS GRID #2539019 Report a problem | ||
| 6/12/2026 | Listed for sale | $500,000+122.2% |
Source: NWMLS as distributed by MLS GRID #2539019 Report a problem | ||
| 12/19/2025 | Sold | $225,000 |
Source: NWMLS as distributed by MLS GRID #2425935 Report a problem | ||
| 11/25/2025 | Pending sale | $225,000 |
Source: NWMLS as distributed by MLS GRID #2425935 Report a problem | ||
| 11/5/2025 | Listed for sale | $225,000 |
Source: NWMLS as distributed by MLS GRID #2425935 Report a problem | ||
| 10/15/2025 | Pending sale | $225,000 |
Source: NWMLS as distributed by MLS GRID #2425935 Report a problem | ||
| 9/8/2025 | Listed for sale | $225,000 |
Source: NWMLS as distributed by MLS GRID #2425935 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,167 -21.1% | $156,600 +2.8% |
| 2023 | $1,479 +34.3% | $152,400 +30.8% |
| 2022 | $1,102 -25.9% | $116,500 -14% |
| 2021 | $1,487 +14.1% | $135,400 +30.6% |
| 2020 | $1,303 +27.9% | $103,700 +0.5% |
| 2019 | $1,019 -24.5% | $103,200 +9.2% |
| 2018 | $1,350 -30.6% | $94,500 -29.9% |
| 2017 | $1,945 | $134,750 +2.3% |
| 2016 | $1,945 | $131,750 -3% |
| 2014 | $1,945 | $135,800 +0.4% |
| 2013 | -- | $135,300 |
| 2012 | $1,583 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $2,371 | -- |
| 2008 | -- | -- |
| 2007 | $2,423 -17.4% | -- |
| 2006 | $2,933 +49.1% | -- |
| 2005 | $1,967 | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
| 2001 | $1,374 -0.9% | $95,300 |
| 2000 | $1,387 | $95,300 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 98597
Nearby schools
GreatSchools rating
- 6/10Southworth Elementary SchoolGrades: PK-5Distance: 1 mi
- 6/10Yelm Middle SchoolGrades: 6-8Distance: 1.4 mi
- 4/10Yelm High School 12Grades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Southworth Elem
- Middle: Yelm Mid
- High: Yelm High12
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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