Rockhood
$2,350,000List price
Active

16643 Canal Road SE · Yelm, WA 98597

Source: NWMLS · John L. Scott Lacey · Jake DeAtley #NWM2549015

About this home

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.

Location

Basics

Property type
Land
Style
Res-Over 1 Acre
Lot size
380,714 sq ft (8.74 acres)
County
Thurston
MLS #
NWM2549015

Interior

Heating
None
Cooling
None

Exterior & lot

Lot features
Corner Lot, Open Space, Paved
Topography
Level,See Remarks
Waterfront
No

Utilities

Water
In Street
Sewer
In Street
Utilities
Electricity Available

Community & fees

Subdivision
Yelm
Property tax
$2,703 (2026)

Transaction

Listed on
Jul 6, 2026
Days on market
76
Listing terms
Cash, See Remarks
Possession
Closing

More homes nearby

Sale history

Earlier listings of this home on the MLS.

2021-07-30
Sold$399,000

Schools

School district: Yelm

Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Yelm High School 12
SchoolDigger 2 stars · Top 52% in WA

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Listing provided courtesy of: John L. Scott Lacey

Listing agent: Jake DeAtley.

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 2026-08-30.