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Goldhouse Realty

kenny@goldhouserealty.com +1(253) 376-6410

Listed by:Homestead Home Group • Cat Larrow

$ 2,850,000

Est. payment | -/mo

3 Beds

2 Baths

3,608 SqFt

Save

$ 2,850,000

Est. payment | -/mo

Save

3 Beds

2 Baths

3,608 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,608 sqft

Price per Sqft $789

Subdivision Bald Hills

MLS Listing ID 2565412

Style 12 - 2 Story

Bedrooms 3

Full Baths 2

Year Built 1901

Annual Tax Amount $1,763

Lot Size 145.060 Acres

Property Sub-Type Single Family Residence

Property Description

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

State WA

County Thurston

Area 453 - Yelm/Rainier

Rooms

Basement None

Main Level Bedrooms 3

Interior

Interior Features Water Heater

Flooring Softwood

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Barn, Fenced-Fully, Gated Entry

View Y/N Yes

View Mountains, Territorial

Roof Type Metal

Building

Lot Description Paved, Value In Land

Story Two

Sewer Septic Tank

Water Individual Well

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Yelm

Others

Senior Community No

Acceptable Financing Cash, Conventional, See Remarks

Listing Terms Cash, Conventional, See Remarks

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

NEARBY SCHOOL & BUSINESS

+1(253) 376-6410

kenny@goldhouserealty.com

1120 Pacific Ave., Tacoma, WA 98402, USA

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12306 Bald Hill RD SE Yelm, WA 98597