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374 Acres in Thurston County, Yelm, Washington

Property Details

Parcel Size 374 Acres
Price $25,000,000
State Washington
County Thurston
City Yelm
Zip Code 98597

Property Description

The Nisqually Springs Farm has it all! 2 miles +/- of riverfront on the Nisqually River. Approx 270 acres of irrigated crop ground with sandy loam soils and 6 newer irrigation pivots and 3 water rights certificates currently in use. The farm is USDA certified international export facility for livestock with newer corrals and hydraulic chutes. The main home is almost finished going through an impressive remodel to include extensive upgrades Land The 270 irrigated acres of sandy loam soils allow for a growing season starting March and lasting through the end of the growing season do to the road system and sandy loam soils allowing for early access to planting. Ecological Assets Assessment can enhance future revenue streams substantially for use as a mitigation bank. The report presents a total gross value of roughly $21.7M in present day ecological asset value available for development as mitigation credits on roughly 107 acres of the Property. This value includes $12.8M in wetland mitigation credits (on 65 acres), $8.1M in salmonid conservation credits (34 acres), and $850K in Oregon white oak conservation credits on about 7 acres. Improvements The main home on the farm is over 3600 sq ft and is going through and extensive remodel with impressive upgrades. There are 2 other remodeled homes located on the farm that are located on the banks of the Nisqually River that would make great Airbnb rentals or farm managers housing. The farm is a USDA certified international export facility for livestock. There are newer corrals, hydraulic chutes, holding and sorting areas as well as top of the line loading chute. The wedding venue with full Mt Rainier view is impressive when the mountain is in full view. 2 horse barns with 10 stalls each and an indoor arena plus numerous other outbuildings are just a few of the amenities this farm has to offer. Recreation The Nisqually boasts some of the best salmon and steelhead habitat in Puget Sound. It is home to seven native salmonid species: fall Chinook, winter steelhead and bull trout , as well as coho, winter chum, pink salmon and coastal cutthroat trout. The Nisqually River is a great river with the opportunity to catch many fish species as it empties into the Puget Sound. Success can be had from the banks of the river or using a small jet or drift boat. There is also good fishing at the mouth of the river for flounder and getting Dungeness crabs. This property has been the home to fish hatcheries in past years and would be the ideal setup for a new hatchery. Agriculture There is approximately 270 irrigated acres under 6 pivots and wheel lines. The sandy loam soils allow for access and growing starting the end of March and continuing through the growing season. Current crops include rhubarb, cabbage, lettuce and corn but the opportunities are endless. There are approximately 15 acres in Christmas trees planted near the entrance to this unique farm. Region & Climate Yelm, Washington…

Property Type

Location

Yelm, 98597 Washington County: Thurston

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MLS Details

Listing Office:
  • Listing Agent: Hayden Outdoors

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