David Devine

12306 Bald Hill Road Se

Yelm, WA
$ 2,850,000 Beds 3 Baths 2 Sq 3,608
Monthly Estimate* How much can I afford?

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!

Active

  • Price
  • $ 2,850,000
  • City
  • Yelm
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • THURSTON
  • Half Bathrooms
  • 0
  • Area
  • Yelm-Rainier
  • Lot Size
  • 145.06 Acres
  • Zip
  • 98597
  • Sqr Footage
  • 3,608
  • Year Built
  • 1901
  • Taxes
  • $ 1763
  • Style
  • 2 Story
  • MLS#
  • 2565412
Listed By: Homestead Home Group and NWMLS
Data Source: Northwest Multiple Listing Service (NWMLS)

Features

General

Living Area 3608
Sewer Septic Tank
Heating Radiant
Cooling None
Possession Closing
Roof Metal
Security Features Fully Fenced,Security Gate
Year Built 1901
View Mountains,Territorial
Topography Equestrian,Level,Partial Slope
Levels Two
Property Subtype Single Family Residence
Tax Year 2026
County Thurston
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name Bald Hills
Full Baths 2
Special Listing Conditions None
Status Active
Directions From 507 turn left on to Vail Rd SE,Turn left onto Bald Hill Rd SE property on the Left.
High School Buyer To Verify
City Yelm
Entry Location Main
Senior Community Y/N No
High School District Yelm
MLS Area 453 - Yelm/Rainier
Lot Size Units Square Feet
Lot Size Square Feet 6318814
Carport Y/N Yes
Listing Terms Cash,Conventional,See Remarks
Elementary School Buyer To Verify
Land Lease Y/N No
Tax Annual Amount 1763.01
Middle/Junior High School Buyer To Verify
Public Remarks 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 p
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company well
Property Style 12 - 2 Story
NWM_ShowMapLink Yes

Interior Features

Interior Amenities Water Heater
Basement None
Flooring Softwood
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 3
Main Level Bedrooms 3
Total Baths 2
Bedrooms Possible 3
Water Heater Type electric
Water Heater Location utility area
Power Production Type Electric
Baths Full Main 2
Bathrooms 2

Exterior Features

Exterior Amenities Wood
Vegetation Brush,Pasture
Parking Features Detached Carport,Driveway
Lot Features Paved,Value In Land
Water Source Individual Well
Total Parking 16
Foundation Details Poured Concrete
Building Area Total 3608
Lot Size Acres 145.0597
Waterfront Y/N No
Covered Spaces 8
Irrigation Water Rights Y/N No
Site Features Barn,Fenced-Fully,Gated Entry
Parking Uncovered Total 8

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Vancouver, WA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Buyer To Verify Elementary School
Middle School Buyer To Verify Middle School
High School Buyer To Verify High School

Price History

8/18/2026 Listed $2,850,000

Property vs Zip Code Average in 98597

Price
AVG $630K
$2.85M
Taxes
AVG $3,487
$1,763
Year Built
AVG 2004
1901
Visits
AVG 253
31
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

12306 Bald Hill Road Se Yelm, WA is a Single Family Home for sale at $2850000 with 3608 sqft and a lot size of 145.06 Acres Acre(s). 12306 Bald Hill Road Se Yelm has 3 bedrooms, 2 baths and was built in 1901. The property's zip code is 98597 which is in Yelm, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

David Devine

David Devine

Real Estate Broker

503-381-3858

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