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  • Listed by: Kidder Mathews • David A. Kelley
    $3,000,000

    14747 Berry Valley Road, Yelm, WA 98597

    --beds
    --baths
    14.72Acres
    Unimproved Land
    Built in ----
    14.72 Acres Lot
    $588,300 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Water table studyGopher species studyWetland delineationTopographic survey
    Berry Development, a ±14.7-acre, entitled multifamily and townhome development opportunity located at 14747 Berry Valley Road in Yelm, WA. Zoned R-16, the site carries land use approval in-hand for 192 multifamily units, with an additional 120 townhome units pending approval, providing a developer with a rare combination of scale and product type diversity within a single assemblage. With entitlements secured, an incoming buyer can move directly into construction drawings without absorbing the timeline risk, cost, and uncertainty typically associated with the land use approval process. The site benefits from a complete due diligence package, including wetland delineation, topographic survey, an approved site plan, a full civil engineering set, a water table study, and a gopher species study — eliminating the entitlement and environmental risk that most raw land offerings still carry and allowing a developer to move from acquisition to vertical construction with minimal delay. Strategically positioned at 14747 Berry Valley Road, the property sits within the rapidly growing Yelm submarket, directly adjacent to Yelm High School. This location offers immediate access to an established residential base and daily conveniences, positioning the project to capture strong lease-up demand from both existing residents and the continued population growth driving the broader Yelm market.
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    Zillow last checked:

    Listing updated:

    Listed by:

    David A. Kelley,

    Kidder Mathews

    Source: NWMLS as distributed by MLS GRID,MLS#: 2590363MLS Logo

      Facts & features

      Interior

      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 0

      Property

      Lot
      • Size: 14.72 Acres
      Details
      • Parcel number: 21724230400
      • Zoning description: Multi-Family,Jurisdiction: City
      • Special conditions: Standard

      Utilities & green energy

      • Electric: In Street
      • Gas: In Street
      • Sewer: In Street
      • Water: Available
      • Utilities for property: Electricity Available, Natural Gas Available

      Community & HOA

      Community
      • Subdivision: Yelm
      Location
      • Region: Yelm

      Financial & listing details

      • Tax assessed value: $496,000
      • Annual tax amount: $3,619
      • Date on market: 10/2/2026
      • Listing terms: Conventional
      • Road surface type: Paved

        Estimated market value

        $588,300

        $529,000 - $653,000

        $1,895/mo

        Price history

        DateEventPrice
        10/2/2026Listed for sale$3,000,000+759.6%
        Source: NWMLS as distributed by MLS GRID #2590363 Report a problem
        1/19/2026Listing removed$1,850
        Source: Zillow Rentals Report a problem
        1/13/2026Listed for rent$1,850
        Source: Zillow Rentals Report a problem
        3/25/2025Listing removed$1,850
        Source: Zillow Rentals Report a problem
        3/11/2025Listed for rent$1,850
        Source: Zillow Rentals Report a problem
        4/29/2024Listing removed--
        Source: Zillow Rentals Report a problem
        4/24/2024Listed for rent$1,850+37%
        Source: Zillow Rentals Report a problem
        8/28/2019Listing removed$1,350
        Source: Zillow Rental Manager Report a problem
        8/19/2019Listed for rent$1,350+22.7%
        Source: Zillow Rental Manager Report a problem
        12/4/2015Listing removed$1,100
        Source: Windermere Property Management Report a problem
        11/3/2015Price change$1,100-12%
        Source: Windermere Property Management Report a problem
        10/21/2015Listed for rent$1,250-10.4%
        Source: Windermere Property Management Report a problem
        10/21/2015Listing removed$349,000
        Source: Windermere Real Estate/Yelm #804166 Report a problem
        9/16/2015Price change$349,000-12.5%
        Source: Windermere Real Estate/Yelm #804166 Report a problem
        8/1/2015Price change$399,000-20%
        Source: Windermere Real Estate/Yelm #804166 Report a problem
        6/15/2015Listed for sale$499,000+43%
        Source: Windermere Real Estate/Yelm #804166 Report a problem
        3/18/2015Listing removed$1,395
        Source: Windermere Real Estate/Yelm #727251 Report a problem
        2/28/2015Price change$1,395-7%
        Source: Windermere Real Estate/Yelm #727251 Report a problem
        1/1/2015Listed for rent$1,500
        Source: Windermere Real Estate/Yelm #727251 Report a problem
        5/8/2014Listing removed$1,500
        Source: Windermere Real Estate/Yelm #615265 Report a problem
        4/5/2014Listed for rent$1,500
        Source: Windermere Real Estate/Yelm #615265 Report a problem
        4/3/2014Listing removed$349,000
        Source: Windermere Real Estate/Yelm #608442 Report a problem
        3/23/2014Listed for sale$349,000+126.6%
        Source: Windermere Real Estate/Yelm #608442 Report a problem
        8/20/2009Sold$154,000-1.9%
        Source: NWMLS as distributed by MLS GRID #29101615 Report a problem
        7/18/2009Listed for sale$157,000-34%
        Source: foreclosure.com Report a problem
        5/28/2009Sold$237,824
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,619 +13.8%$496,000 +16.9%
        2024$3,179 -21.8%$424,400 +2%
        2023$4,067 -0.1%$416,200 -4.7%
        2022$4,071 +7%$436,600 +26.5%
        2021$3,804 +17.5%$345,100 +35.3%
        2020$3,237 +11.6%$255,100 -15.8%
        2019$2,900 +10.3%$302,800 +13.7%
        2018$2,629 +3.6%$266,200 +61.1%
        2017$2,537 $165,250 -14.8%
        2016$2,537 $193,850 +5%
        2014$2,537 $184,650 +4.2%
        2013-- $177,150
        2012$2,053 --
        2011-- --
        2010-- --
        2009$2,687 --
        2008-- --
        2007$2,751 -17.3%--
        2006$3,326 +53.9%--
        2005$2,161 --
        2004-- --
        2002-- --
        2001$426 -3.2%$30,210
        2000$440 $30,210
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 98597

        Getting around

        4 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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