Quick Yelm WA MLS Search

Browse All Yelm WA Under $200K Properties for Sale

$99,900
2550709 MLS PENDING Status
Build your dream home or weekend getaway on this ready-to-build, level lot in the gated Clearwood Community! Located in a cul-de-sac, this property backs to scenic Blue Lake, with the property line extending approximately 10 feet down the bank toward the water, creating a peaceful natural setting. The hard work has already been done with a permitted 2-bedroom septic system, electricity, and RV hookups already installed. Enjoy the existing 192 sq. ft. cabin with a 304 sq. ft. wood deck while you finalize your building plans, use it as a recreational retreat, or as a comfortable base during construction. Clearwood is one of Thurston County's well known gated recreational and residential communities, offering approximately 1,355 homesites, 17 miles of private roads, a private water system, seasonal swimming pool, wading pool and jacuzzi, six beaches, swimming areas, docks, boat launches, parks, playgrounds, picnic cabanas, basketball, pickleball and sports courts, baseball fields, horseshoe pit, 14 miles of maintained wooded walking trails, seasonal RV dump station, and multiple community parks. Best of all, all three private lakes are regularly stocked with fish, making this a fantastic destination for fishing enthusiasts. Whether you're searching for vacant land with septic, a buildable lot, recreational property, or the perfect place to build your custom home, this property offers exceptional value, outstanding amenities, and the lifestyle you've been looking for.

22412 Blue Lake Ct SE, Yelm

Listing courtesy of BHGRE - Northwest Home Team.

$145,000
2543617 MLS ACTIVE Status
Turnkey Restaurant & Bar Opportunity in Growing Yelm! Skip the time, expense & red tape of starting from scratch. This established business has successfully served the community for 12 years and includes a coveted full liquor license and exceptionally low lease of just $2k per month. Currently operating as a pizzeria, the property's infrastructure, prime highway frontage, high visibility, and built-in bar make it ideal for a sports bar, taco concept, gastropub, trendy diner, brewery taproom or other restaurant venture. The facility features 3 revenue-generating spaces: a dining room (seats 38), intimate bar (seats 6) and outdoor patio w/firepits (seats 26) perfect for Pacific Northwest summers (total seating for 70). Additional amenities include fenced outdoor storage, dedicated fridge/freezer & food storage room, approx 120 sq ft basement storage and a customer restroom. Parking includes 8 paved spaces + wraparound gravel driveway. Busy nights can accommodate approximately 30 additional vehicles, with overflow parking available after the neighboring business closes. Located on a high-traffic highway in rapidly growing Yelm, the business hosts live music, open mic nights, paint-and-sip events, and more. Significant growth potential exists through expanded hours, breakfast service, catering, additional events, menu expansion, beer garden addition. A rare turnkey opportunity with established operations, valuable licensing, excellent visibility, and tremendous growth potential.

704 W Yelm Avenue, Yelm

Listing courtesy of Yelm Windermere.

$28,000
2505462 MLS ACTIVE Status
Discover the perfect canvas for your future home in the gated Clearwood community near Yelm. This spacious, nearly quarter-acre parcel offers a rare blend of privacy, natural beauty, and convenience—surrounded by towering trees, wooded charm the Pacific Northwest is known for. With power, water, and phone available in the street, this homesite is ready for your vision. Whether you’re dreaming of a full-time residence, a weekend getaway, or a long-term investment, this property offers flexibility to build on your timeline. Imagine designing a home that captures the tranquility of the setting—morning coffee among the trees, evenings spent unwinding in nature, and a true sense of escape just minutes from town. Clearwood is a gated, amenity-rich community designed for those who love the outdoors. Residents enjoy access to three stocked lakes for fishing and kayaking, multiple beaches, boat launches, and over 14 miles of scenic walking and hiking trails. Community amenities also include a swimming pool, hot tub, parks, playgrounds, sports courts, and open recreational spaces—creating a lifestyle that feels like a year-round retreat. Conveniently located approximately 20 minutes to Yelm and 45 minutes to Olympia and JBLM, offering an easy commute while still enjoying a tucked-away feel. Located in the Yelm School District. HOA and CCRs apply. Buyer to verify all information to their satisfaction, including utilities, feasibility, and building requirements.

22025 Blue Water Drive SE, Yelm

Listing courtesy of Pettit Realty LLC.

$135,000
2480306 MLS ACTIVE Status
Business Opportunity – Established Quiznos Franchise located in a high-visibility retail center with consistent customer traffic and strong brand recognition. This owner-operated business presents an opportunity to acquire a nationally recognized franchise with established systems, trained staff, and ongoing operations in place. The business demonstrates solid historical performance with reported Seller Discretionary Earnings (SDE) of approximately $85,000 annually with a 19% cap rate using annualized net operating income. All furniture, fixtures, and equipment are fully paid for and included in the sale. The equipment value represents a substantial portion of the asking price, offering tangible asset support. The business operates under a franchise agreement requiring franchisor approval, transfer fee, and training for new ownership. The leased premises include an established term with potential extension options subject to landlord approval. Occupancy costs are considered competitive for the area. Franchise royalties apply per the franchisor agreement. This opportunity may be well suited for an experienced operator or an owner-user seeking entry into franchise ownership. Confidential financial details, franchise transfer requirements, and supporting documentation available upon execution of a confidentiality agreement. Buyer to verify all information to their satisfaction.

1202 Yelm Ave E, Yelm

Listing courtesy of CENTURY 21 North Homes Realty.

Start Your Search
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Under $200K Yelm Real Estate

Our website features the best real estate search for under $200k properties available in Yelm and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!