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8949 Wilkensen Rd SE, Yelm, WA, 98597

4beds
3baths
2,221sqft
$660,000
$297price/sqft
$4,124/moest. monthly cost
$164,960/yrincome needed

About This Home

Welcome to your new home in Yelm! Whether dreaming of a self-sufficient homestead, private equestrian estate, or spacious retreat, this 2,221 sq. ft. custom rambler (built 2015) on 5.15 flat, fenced, & gated acres offers limitless possibilities. The open-concept layout centers around a gourmet kitchen w/quartz tops, soft-close cabinets, island, & stainless steel appliances. The home features 4 spacious bedrooms, including a 4th bedroom that doubles as a dedicated office, a guest 1/2 bath & full bath. The primary suite has vaulted ceilings, 5-piece bath, large WIC, & patio access. Thoughtfully developed for any lifestyle, the grounds border a peaceful canal & feature a greenhouse, chicken coop, & dozens of flowering trees, offering a "turn-key" start for hobbyists or a lush, park-like setting for those who just want room to breathe without the restrictions of an HOA or CCRs. A heat pump system provides year-round climate control for the home. A private artesian well serves the property, providing great tasting water. Additionally, the oversized attached garage and detached 24x16 shop offer ample space for tools, toys, or projects. Spend your evenings entertaining on the large back deck or gathered around the firepit, enjoying a quiet rural atmosphere that remains just minutes from local parks, Yelm's town center, & an easy commute to JBLM. A VA assumable loan option is available for qualified buyers, providing a significant advantage in today's market.

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

4/10
7/10
Yelm Middle SchoolGrades 6-81.3 mi
4/10
Yelm High School 12Grades 9-121.7 mi

Construction

Condition

  • Year built: 2015

Materials

  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Dishwasher,Washer,Dryer,Microwave

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Ceiling Fan(s)
  • Flooring: Carpet

Heating

  • Heating features: Electric

Interior Area

  • Total structure area: 2,221
  • Total interior livable area: 2,221 sqft

Property

Features

  • Patio & porch: Deck
  • Exterior features: Garden

Lot

  • Lot size: 5.15 Acres

Parking

  • Parking features: RV Access/Parking

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Volcanic Activity
    Volcanic ActivityModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Volcanic Activity

FEMA Declared Disasters in Thurston County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,337$40,044
Home Insurance *$186$2,232
Property Taxes $450$5,400
Electricity $151$1,823
Total$4,124$49,488
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$141,394/yr
40% on housing$123,720/yr
45% on housing$109,973/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.8%
10.8%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$297This listing

vs Other Active Listings

Avg $/sqft

ZIP 98597$220
Thurston County$297

vs Homes Sold Last Month

Median $/sqft

ZIP 98597$274
Thurston County$285

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Listed for sale$660,000
2021-04-28Sold$600,000
2021-03-25Price change$619,900
2021-03-19Price change$639,999
2021-03-12Listed for sale$650,000
2015-12-09Listing removed$78,500
2015-05-20Pending sale$78,500
2015-05-14Listed for sale$78,500

For Sale by Agent

AgentJenn Hamilton
BrokerageJohn L Scott Real Estate

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