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$2,850,000 Just Listed
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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.
Full Property Details
Full Property Details for 12306 Bald Hill Rd SE
General
- Price: $2,850,000
- Taxes: $1,763 (2025)
- Status: Active
- Type: Farm
- Source: NWMLS
- MLS ID: 2565417
- Updated: 8/18/2026
- Added to Site: 7 day(s) ago
Rental Information
- Lease Terms: Month-to-Month
Interior
- Appliances: See Remarks
Additional Information
- Security/Safety: Perimeter
Parking
- Covered Spaces: 8
- Uncovered Spaces: 8
Location
- Area: 453 - Yelm/Rainier
- County: Thurston
- Subdivision: Bald Hills
- Driving Directions: From 507 turn left on to Vail Rd SE, Turn left onto Bald Hill Rd SE property on the Left.
School Information
- High School District: Yelm
- Elementary School: Buyer To Verify
- Middle School: Buyer To Verify
- High School: Buyer To Verify
Heating & Cooling
- Cooling Type: None
- Heating Type: Radiant
Utilities
- Sewer: Septic Tank
Structural Information
- Architectural Style: Traditional
- Structure Type: House
- Exterior Const.: Wood
- Basement Desc.: None
- Foundation: Poured Concrete
- Roof: Metal
- Square Feet: 3,608
- Finished Total: 3,608 Sq. Ft.
- Year Built: 1901
Lot Features
- Lot Size (Acres): 145.0597
- Lot Size (Sq. Ft.): 6,318,814
- Lot Size Source: Realist
- Topography: Level, Partial Slope
- Lot Features: Paved
- Land Use: Livestock
- Fencing (Description): Perimeter
Financial Considerations
- Tax Amount: $1,763
- Tax Year: 2025
- Terms: Cash, Conventional, Farm Home Loan, See Remarks
Disclosures and Reports
- Special Conditions: None
- Inclusions: Cattle, See Remarks
- Property ID: 9910006000
Listed by Cat Larrow | Homestead Home Group | (253) 878-2130 and Nate Graham | Homestead Home Group | (253) 878-2130
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Schools
Schools serving 12306 Bald Hill Rd SE
School District:Yelm Community Schools
| Name | Grades | Distance |
|---|---|---|
Yelm Prairie Elementary School 16535 110th Avenue Southeast, Yelm, WA 98597 | K-5 | 2.1 mi |
Ridgeline Middle School 10605 Carter Street Southeast, Yelm, WA 98597 | 6-8 | 3.5 mi |
Yelm High School 12 1315 West Yelm Avenue, Yelm, WA 98597 | 9-12 | 4.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12306 Bald Hill Rd SE
Date
Details
Price
Change
Source
8/17/2026
Listed
$2,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 12306 Bald Hill Rd SE
Year
Property Taxes
Change
Tax Assessment
Change
2026
$11
-94%
$23,600
16%
2025
$180
-12%
$20,400
8%
2023
$205
-9%
$18,900
39%
2021
$225
—
$13,600
-16%
2021
$225
27%
$16,200
36%
2020
$177
17%
$11,900
—
2019
$151
-3%
$11,900
18%
2018
$156
3%
$10,100
4%
2017
$152
3%
$9,750
8%
2016
$148
-1%
$9,000
—
2015
$149
-10%
$9,000
-10%
2014
$166
—
$9,950
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12306 Bald Hill Rd SE
Want to learn more about 12306 Bald Hill Rd SE? Do you have questions about finding other Farm real estate for sale in Yelm? You can browse all Yelm real estate or contact a Coldwell Banker agent to request more information.

