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- LoopNet Team
Bear St
Mccleary, WA 98557
Residential Development Tract with Timber · Land For Sale
·
43.00 AC

INVESTMENT HIGHLIGHTS
- Strategic location to Olympia with need for additional housing
- 36 year old timber can provide near-term cash flow
- Can accommodate over 75 single family lots after rezoning by Grays Harbor County
- Sealed Bids due June 25, 2025
PROPERTY FACTS
| Property Type | Land | Proposed Use | Single Family Development |
| Property Subtype | Agricultural | Total Lot Size | 43.00 AC |
| Zoning | GR-5 | ||
| Property Type | Land |
| Property Subtype | Agricultural |
| Proposed Use | Single Family Development |
| Total Lot Size | 43.00 AC |
| Zoning | GR-5 |
DESCRIPTION
This 42± acre residential development tract is located in McCleary, Washington, within a thirty-minute commute of Olympia – Washington’s capitol. Olympia is projected to grow by 21,000 residents by 2045, and it is anticipated that over 13,500 units of housing will be needed. McCleary, a small community on the eastern end of Grays Harbor County with proximity to Highway 101, has become a growing commuting area due to lower cost housing for expanding job opportunities in Olympia, Lacey, and Tumwater, along I-5. The 42± acre tract is adjacent to 100-lot Summit Subdivision, within the northern part of McCleary. The Subdivision was planned for additional development by extending E. Bear and Buck Streets to the auction property. The property is in Grays Harbor County, and is zoned GR-5 with a five acre minimum parcel size. City of McCleary, with its own utility company, will extend water and sewer service without annexation, allowing Grays Harbor County to rezone to R2 with 10,000 square foot minimum lot size, of four lots per acre. Documentation from City of McCleary Public Works and Grays Harbor County Planning is included in Supplemental Information Package with Bid Documents. The property is being sold AS IS. The property is currently classified as forest land. 2024-2025 taxes are less than $500. This 42± acre development tract, with combination of strategic commuting location to Olympia and I-5, option to rezone up to four lots per acre, and near-term harvest income from an estimated 356 MBF of 36 year old Douglas-fir, provides an exceptional investment for a mid-size planned single family home community.
LINKS
PROPERTY TAXES
| Parcel Number | 180501320000 | Improvements Assessment | $0 |
| Land Assessment | $8,274 | Total Assessment | $8,274 |
PROPERTY TAXES
Listing ID: 35934231
Date on Market: 5/21/2025
Last Updated:
Address: Bear St, Mccleary, WA 98557
The Land Property at Bear St, Mccleary, WA 98557 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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