Listing Office: John L. Scott Lacey Northwest Multiple Listing Service Logo

16643 Canal Road Se, Yelm, WA

$2,350,000

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8.74

Acres

About 16643 Canal Road Se

Exceptional residential development opportunity within the City of Yelm. This ±8.74-acre property is zoned R-6 Medium Density Residential and offers excellent potential for a thoughtfully designed single-family subdivision. A professional conceptual site plan prepared by Patrick Harron & Associates demonstrates the feasibility of approximately 49 residential lots, providing developers with a potential layout. City allows for 20% density bonus under certain conditions. The property is currently vacant, undeveloped, and relatively flat, allowing for minimal land prep required. Conveniently located near existing residential growth, schools, parks/trails, shopping, and major commuter routes, the site is well positioned to meet continued housing demand in one of Thurston County's fastest-growing communities. Water and sewer infrastructure are available at the street (buyer to verify capacity and connection requirements). Annexation and zoning work have already been completed, allowing developers to focus on advancing project approvals. Conceptual site plan, supporting development information, and additional due diligence materials are available. Buyer to verify all development potential, density, utility capacity, permitting requirements, and intended use to their satisfaction.

Features of 16643 Canal Road Se

MLS® # 2549015
Price $2,350,000
Acres 8.74
Type Land
Sub-Type Land
Status Active

Community Information

Address 16643 Canal Road Se
Area 453 - Yelm/Rainier
Subdivision Yelm
City Yelm
County Thurston
State WA
Zip Code 98597

Amenities

Is Waterfront No

Interior

Fireplace No

Exterior

Lot Description Corner Lot, Open Space, Paved

School Information

District Yelm
Elementary Buyer To Verify
Middle Buyer To Verify
High Buyer To Verify

Additional Information

Date Listed July 6th, 2026
Days on Market 55
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeJohn L. Scott Lacey

Listing Map

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