12306 Bald Hill Road SE · Yelm, WA 98597
Source: NWMLS · Homestead Home Group · Cat Larrow #NWM2565412
About this home
Welcome to Reichel Farm - a rare offering in Thurston County. This 145+ gross acre property spans several parcels and is zoned RRR 1/5 (one dwelling unit per five acres) with incredible development potential! The land features Mount Rainier views from most of the property and frontage on multiple public roads. Predominantly flat, well-drained pastureland and currently in agricultural classification for low taxes. A completed critical areas study identifies roughly 134 net acres available after wetland, stream, and prairie buffers, supporting a preliminary lot yield in the low-to-mid 20s. Five legal lots of record already exist across the six parcels, existing private well and septic infrastructure, and a neighboring large-lot plat proceeding on individual well/septic systems all provide useful precedent for underwriting. Full due diligence package - title commitment, critical areas reports, and parcel-level detail available on request. For multi-home and working farm use: The same 1-per-5-acre zoning that supports subdivision also supports multiple residences on the property without platting a single lot. The existing farmhouse and barn anchor a working farmstead, with room across the acreage for additional homesites, pasture for livestock, and space for hay or crop production. Whether the plan is a phased development or a large-scale private compound with multiple homes, this property offers the acreage, zoning, and utility infrastructure to make it possible!
Location
Basics
- Property type
- Single Family Residence
- Style
- 2 Story
- Stories
- 2 stories
- Year built
- 1901
- Lot size
- 6,318,814 sq ft (145.06 acres)
- County
- Thurston
- MLS #
- NWM2565412
Interior
- Heating
- Radiant
- Cooling
- None
- Flooring
- Softwood
- Interior features
- Water Heater
- Entry level
- Main
Exterior & lot
- Exterior features
- Wood
- Roof
- Metal
- Foundation
- Poured Concrete
- Lot features
- Paved, Value In Land
- Topography
- Equestrian,Level,Partial Slope
- View
- Mountains, Territorial
- Waterfront
- No
Parking
- Parking spaces
- 16
- Carport
- Yes
- Covered spaces
- 8
- Parking features
- Detached Carport, Driveway
Utilities
- Water
- Individual Well
- Sewer
- Septic Tank
- Power
- Electric
Community & fees
- Subdivision
- Bald Hills
- Property tax
- $1,763 (2026)
Transaction
- Listed on
- Aug 17, 2026
- Days on market
- 34
- Price per sq ft
- $790
- Listing terms
- Cash, Conventional, See Remarks
- Possession
- Closing
More homes nearby
Schools
School district: Yelm
- Elementary
- Buyer To Verify
- Middle
- Buyer To Verify
- High
- Yelm High School 12SchoolDigger 2 stars · Top 52% in WA

Listing provided courtesy of: Homestead Home Group
Listing agent: Cat Larrow.
Based on information submitted to the MLS GRID as of —. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-08-19.