Investor & builder opportunity in Yelm, WA. Located in a growing community with demand for new housing on a parcel of 5 acres, this 3 bdrm, 2 bath, 2005-built 2,003 sqft home has lots of potential. Manufactured home also included in the sale. Just minutes from schools, parks, shopping, and easy access to JBLM, Olympia and Tacoma, this location offers both convenience and growth potential. Buyer to verify zoning and development opportunities. Don't miss out on this rare chance to build and invest in one of Thurston County's fastest growing areas.
Sold
Listed by: Keller Williams Realty PS • Marissa Beach
Bought with: Spivey Realty Group, LLC
$510,000
17200 Railway Road SE, Yelm, WA 98597
7beds
3,937sqft
Single Family Residence
Built in 2005
5 Acres Lot
$722,600 Zestimate®
$130/sqft
$3,796 Estimated rent
Home value
$722,600
$650,000 - $795,000
$3,796/mo
Zestimate® history
Owner options
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$3,796/mo
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$3,796/mo
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$2,156/mo
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$2,156/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Marissa Beach,
Keller Williams Realty PS
Bought with:
Christopher Pierog, 136693
Spivey Realty Group, LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2354526
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Kitchen without eating space
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Electric
Cooling
- Has cooling: Yes
Appliances
- Included: Water Heater: Electric, Water Heater Location: Garage
Features
- Ceiling Fan(s), Dining Room
- Flooring: Hardwood
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 2,003
- Total interior livable area: 3,937 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage, RV Parking
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Ceiling Fan(s), Dining Room, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
Lot
- Size: 5 Acres
- Features: Dead End Street, Value In Land, Outbuildings, RV Parking
Details
- Additional structures: ADU Beds: 4, ADU Baths: 2
- Parcel number: 22720120100
- Zoning: RRR1/5
- Special conditions: See Remarks
- Other equipment: Leased Equipment: N/A
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 2005
- Major remodel year: 2005
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Septic Tank, Company: (Septic)
- Water: Shared Well, Company: Water Well
- Utilities for property: Light Curve
Community & HOA
Community
- Subdivision: Nisqually River
Location
- Region: Yelm
Financial & listing details
- Price per square foot: $130/sqft
- Tax assessed value: $586,000
- Annual tax amount: $2,201
- Date on market: 7/25/2025
- Cumulative days on market: 362 days
- Listing terms: Conventional,Rehab Loan,USDA Loan,VA Loan
- Inclusions: Leased Equipment
- Road surface type: Dirt
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Find assessor info on the county website
Neighborhood: 98597
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Nearby schools
GreatSchools rating
- 7/10Fort Stevens Elementary SchoolGrades: PK-5Distance: 1 mi
- 6/10Yelm Middle SchoolGrades: 6-8Distance: 1.7 mi
- 4/10Yelm High School 12Grades: 9-12Distance: 2.4 mi
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Estimated market value
$722,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$722,600
