Price Slashed over 40%! Approximately 38 acre Timberland / Residential Development tract is located 5 miles northeast of Elma and a 35 minute drive to Olympia. There are multiple potential homesites with views of Cloquallum Creek and the Olympic Mountains. The GD-5 zoning district allows for a 5 acre minimum lot size or a cluster subdivision. The tract was recently harvested and replanted in Douglas fir seedlings. A private well and on-site septic will be required. Owner financing.