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







