Thurston County

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12306 Bald Hill Rd SE
Yelm, WA 98597
FOR
SALE
$2,850,000
Active
3,608
Sqft
145.06
Acres
1901
Yr. Built
MLS# 2565417
Cumulative Days on Market: 23 · Includes prior listings · Currently listed since 08/18/26 · Data provided by the MLS.

Property Description

Welcome to Reichel Farm - A rare working cattle operation in Thurston County: 145.06 gross acres, fully fenced, with prime pasture and strong hay potential. The property is anchored by a massive barn and outbuildings, an existing farmhouse, and a private well and septic system already in place. Predominantly flat, well-drained, and currently held under agricultural tax classification, with Mount Rainier views from most of the acreage and frontage on multiple public roads. For farmers and compound-living buyers: Zoned RRR 1 / 5 (one dwelling unit per five acres), the property supports multiple residences across the acreage without any subdivision required, ideal for buyers looking to move several households onto the same property. The existing farmhouse and barn provide a ready-made operational base, with room to build additional homes, expand grazing or hay ground, and keep the whole operation under one deed. Fencing, water, and septic infrastructure already support the working farm as-is.Development potential: The same acreage also carries development upside. A completed critical areas study identifies roughly 134 net acres available after wetland, stream, and prairie buffers, with a preliminary yield in the low-to-mid 20s in lots. Full due diligence materials available on request for buyers who want to evaluate that path alongside continued agricultural use.

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Property Highlights

Property Type
Farm
Property Sub Type
Farm & Ranch
Architectural Style
Traditional
Living Area
3,608
Price / Sqft
$790
Acres
145.06
Year Built
1901
Cumulative Days On Market
16

Location

Area
453 - Yelm/Rainier
City/Township
Yelm
Subdivision
Bald Hills
County
Thurston

Property Details

Price
$2,850,000
Property Type
Farm
Property Sub Type
Farm & Ranch

Building

Structure Type
House
Levels
Two
Total Area
3,608 Sqft

Community

Local Schools

Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
School District
Yelm

Interior Features

Rooms and Basement

Basement Features
None

Area and Spaces

Living Area
3,608

Appliances

Appliances
See Remarks

Interior Features

Security Features
Perimeter

Heating and Cooling

Heating Features
Radiant

Building Details

Construction

Architectural Style
Traditional
Year Built
1901
Foundations
Poured Concrete

Materials

Construction Materials
Wood
Roof
Metal

Terms

Terms

Inclusions
Cattle, See Remarks
Special Conditions
None
Special Terms
Cash, Conventional, Farm Home Loan, See Remarks
Cumulative Days On Market
16

Taxes

Tax

Tax (Annual)
$1,763

Heating, Cooling & Utilities

Cooling Features
None

Utilities

Sewer
Septic Tank

Green Energy

Power Production Type
Geothermal

Lot

Acres
145.06
Lot Size Area Sq Ft
6,318,814
Lot Features
Paved
Topography
Level, Partial Slope

Exterior Features

Exterior Features
Wood
Fencing
Perimeter

Parking

Total Parking Spaces
16
Covered Spaces
8
Listing Data last updated 09/10/2026 05:00 am
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Property History

Today
Property information last updated
23 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 23 days (includes prior listings) · Currently listed since August 18, 2026. Data provided by the MLS.

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