Pre-development work and Mount Rainier view potential await on this 4.81-acre parcel in Yelm, WA! Located in Thurston County with approximately 330 feet of frontage on 161st Way SE, this wooded property offers privacy, a quiet rural setting, and potential Mount Rainier views with selective tree removal. Power is already on site with a temporary pole in place, and no HOA restrictions apply. Significant groundwork has already been started, including a wetland delineation study, site plan submission, Reasonable Use application, and prior perc testing, providing a valuable head start for future development. A seasonal creek and pond add natural character, while the former dairy farm to the south creates additional buffering and privacy. Surrounded by established homes, including a recently built residence next door, the property combines privacy with proven development appeal. Conveniently located near Yelm with access to JBLM, Olympia, and outdoor recreation around Mount Rainier National Park, this property offers flexibility for a future homesite or investment. Please note that the two trucks and RV currently on the property are not included in the sale and will be removed prior to closing. Contact us today for more information!
Active
Listed by: Cascade Home Group • Zachary Taylor
Price cut: $15K (7/10)
$164,900
19509 161st Way SE, Yelm, WA 98597
--beds
--baths
4.81Acres
Unimproved Land
Built in ----
4.81 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Wooded propertySurrounded by established homesQuiet rural settingSeasonal creek
- 35 days |
- 470 |
- 50 |
Zillow last checked:
Listing updated:
Listed by:
Zachary Taylor,
Cascade Home Group
Source: NWMLS as distributed by MLS GRID,MLS#: 2543323
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Features
- Has view: Yes
- View description: Partial
Lot
- Size: 4.81 Acres
- Features: Open Lot, Lightly Treed
- Topography: Level
Details
- Parcel number: 22623331700
- Zoning description: Residential,Jurisdiction: County
- Special conditions: Standard
Utilities & green energy
- Electric: On Property
- Gas: In Street
- Sewer: Not Available, Septic: unknown, Septic Design Installed
- Water: Well Needed
- Utilities for property: Electricity Connected, Natural Gas Available, Septic Design Installed
Community & HOA
Community
- Subdivision: Yelm
Location
- Region: Yelm
Financial & listing details
- Tax assessed value: $146,000
- Annual tax amount: $874
- Date on market: 6/19/2026
- Cumulative days on market: 36 days
- Listing terms: Conventional,State Bond,VA Loan
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,853/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Price change | $164,900-8.3% |
Source:  NWMLS as distributed by MLS GRID #2543323 Report a problem | ||
| 6/20/2026 | Listed for sale | $179,900+43.9% |
Source: NWMLS as distributed by MLS GRID #2543323 Report a problem | ||
| 1/26/2022 | Sold | $125,000+52.4% |
Source: Public Record Report a problem | ||
| 9/29/2020 | Sold | $82,000-8.9% |
Source: NWMLS as distributed by MLS GRID #1572879 Report a problem | ||
| 8/22/2020 | Pending sale | $90,000 |
Source: Yelm Windermere Real Estate #1572879 Report a problem | ||
| 6/6/2020 | Listed for sale | $90,000 |
Source: Yelm Windermere Real Estate #1572879 Report a problem | ||
| 5/29/2020 | Pending sale | $90,000 |
Source: Yelm Windermere Real Estate #1572879 Report a problem | ||
| 4/25/2020 | Listed for sale | $90,000 |
Source: Hemlock Real Estate Group, LLC #1572879 Report a problem | ||
| 3/22/2020 | Pending sale | $90,000 |
Source: Windermere Real Estate/Yelm #1572879 Report a problem | ||
| 3/4/2020 | Listed for sale | $90,000+154.3% |
Source: Windermere Real Estate/Yelm #1572879 Report a problem | ||
| 8/17/1998 | Sold | $35,393 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $874 -23% | $146,000 +5.9% |
| 2023 | $1,135 +53.5% | $137,900 +53.7% |
| 2022 | $740 -29.5% | $89,700 -18.3% |
| 2021 | $1,048 +46.7% | $109,800 +74.8% |
| 2020 | $715 +39.1% | $62,800 +1.9% |
| 2019 | $514 -21.7% | $61,600 +14.7% |
| 2018 | $656 -9.3% | $53,700 +8.7% |
| 2017 | $724 | $49,400 -11.6% |
| 2016 | $724 | $55,900 -2.2% |
| 2014 | $724 -31.9% | $57,150 |
| 2007 | $1,062 +0.3% | -- |
| 2006 | $1,060 -31.8% | -- |
| 2005 | $1,554 | -- |
| 2002 | -- | -- |
| 2001 | $488 -3.5% | $36,600 |
| 2000 | $505 | $36,600 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 98597
Nearby schools
GreatSchools rating
- 6/10Yelm Prairie Elementary SchoolGrades: PK-5Distance: 5.9 mi
- 7/10Ridgeline Middle SchoolGrades: 6-8Distance: 7 mi
- 4/10Yelm High School 12Grades: 9-12Distance: 8.2 mi
- $778,0004 bd3 ba2.7k sqft19421 161st Way SE, Yelm, WA 98597Sold
- $724,9504 bd3 ba2.3k sqft19731 161st Way SE, Yelm, WA 98597Pending
- $166,0001 bd1 ba1.1k sqft19804 161st Way SE, Yelm, WA 98597Sold
- $215,0009.6 Acres19836 161st Way SE, Yelm, WA 98597Lot/Land
- $175,0005.41 Acres19441 Cougar Mountain Airport Rd SE, Yelm, WA 98597Lot/Land
- $--5.013 Acres15842 Boise Ln SE, Yelm, WA 98597Off Market
- $--5.01 Acres0 Cougar Mountain Airport Rd SE, Yelm, WA 98597Off Market
- $1,040,0004 bd3 ba3.4k sqft15814 Boise Ln SE, Yelm, WA 98597Sold
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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