Unlock the full potential of this 7-acre development site in the fast-growing market of Yelm. Recently rezoned to R-16, this property is positioned for higher-density residential development with utilities (water and sewer) readily available in the street - reducing upfront infrastructure costs and accelerating your timeline to build. Strategically bordered by R-6 zoning, the project benefits from built-in density balance- supporting strong absorption rates while avoiding over-saturation. The flat, usable acreage on Yelm's desirable east side allows for efficent site planning and maximum yield. Located minutes from Joint Base Lewis-McCord long term lifestyle appeal for future buyers. Yelm continues to experience rapid population growth and housing demand outpacing supply - making this a prime opportunity for developers and investors seeing strong returns in an emerging market.
Active
Listed by: Windermere RE West Campus Inc
$2,200,000
10022 Grove Road SE, Yelm, WA 98597
3beds
3,000sqft
Est.:
Single Family Residence
Built in 1994
7 Acres Lot
$2,119,500 Zestimate®
$733/sqft
$-- HOA
What's special
Flat usable acreage
- 3 days |
- 92 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Adrianne Jones,
Windermere RE West Campus Inc
Source: NWMLS as distributed by MLS GRID,MLS#: 2506865
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 3
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Heating
- None, Electric
Cooling
- None
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Parking
- Total spaces: 6
- Parking features: Detached Garage, Off Street, RV Parking
- Has garage: Yes
- Covered spaces: 6
Features
- Levels: One
- Stories: 1
Lot
- Size: 7 Acres
- Features: Open Lot, Paved, Secluded, Cable TV, Outbuildings, RV Parking, Shop
- Topography: Level
- Residential vegetation: Garden Space
Details
- Parcel number: 64300100501
- Zoning: R-16
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- See Remarks
- Foundation: See Remarks
- Roof: See Remarks
Condition
- Year built: 1994
- Major remodel year: 1994
Utilities & green energy
- Sewer: Septic Tank, Company: Yelm (In Street)
- Water: Individual Well, Company: Yelm (In Street)
Community & HOA
Community
- Subdivision: Yelm
Location
- Region: Yelm
Financial & listing details
- Price per square foot: $733/sqft
- Tax assessed value: $595,100
- Annual tax amount: $1,845
- Date on market: 4/9/2026
- Cumulative days on market: 8 days
- Listing terms: Conventional
Estimated market value
$2,119,500
$2.01M - $2.23M
$2,520/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/11/2026 | Listed for sale | $2,200,000$733/sqft |
Source:  NWMLS as distributed by MLS GRID #2503823 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,894 -3.7% | $595,100 +3.7% |
| 2023 | $1,967 -10.1% | $573,800 +0.8% |
| 2022 | $2,187 -13.7% | $569,500 +18.7% |
| 2021 | $2,535 -45.1% | $479,900 +29.6% |
| 2020 | $4,621 +29.5% | $370,400 +4.7% |
| 2019 | $3,568 -6% | $353,900 +6.1% |
| 2018 | $3,794 +9.5% | $333,700 +22.3% |
| 2017 | $3,464 | $272,800 +0.3% |
| 2016 | $3,464 | $271,900 +9.3% |
| 2014 | $3,464 | $248,800 +7.5% |
| 2013 | -- | $231,400 |
| 2012 | $3,403 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $3,318 | -- |
| 2008 | -- | -- |
| 2007 | $3,847 -25.4% | -- |
| 2006 | $5,158 +59.8% | -- |
| 2005 | $3,228 | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
| 2001 | $2,580 -0.9% | $181,500 |
| 2000 | $2,603 | $181,500 |
Find assessor info on the county website
Monthly payment
Est. payment
$12,830/mo
Principal & interest
$11345
Property taxes
$1485
More affordability tools
Climate risks
Neighborhood: 98597
Nearby schools
GreatSchools rating
- 4/10Fort Stevens Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 7/10Yelm Middle SchoolGrades: 6-8Distance: 1.2 mi
- 4/10Yelm High School 12Grades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Fort Stevens Elem
- Middle: Yelm Mid
- High: Yelm High12
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Washington
- Thurston County
- Yelm
- 98597
- 10022 Grove Road SE
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