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15340 W 161st Ter, Olathe, KS, 66062

5beds
4baths
3,084sqft
$816,950
$265price/sqft
$5,587/moest. monthly cost
$223,480/yrincome needed

About This Home

**Model Home Open Daily ** The Timberland Expanded Model is now ready for viewing at Heritage Ranch. This 1.5 Story plan features main floor primary bedroom and ensuite, a beautiful kitchen, cozy great room, an additional bedroom and bathroom on the main level, perfect for an office space or guest bedroom. The laundry located near the primary bedroom for easy weekend laundry days! The upstairs features three additional bedrooms, one of which has its own private bathroom. The other bedrooms share a Jack and Jill bathroom with separated vanity spaces. The upstairs also features a loft space perfect for entertaining! The lower level is unfinished but has daylight windows for future finished area. All in the coveted Heritage Ranch, A Lambie-Rieke Community, with Amenities Galore such as state-of-the-art pool, clubhouse, trails, pickleball. play area, half-court basketball, ponds and so much more coming soon! This community provides a wonderful lifestyle and right next to the 1,238 Acre Heritage Park with Dog Park, Sports Parks, Golf, Lake, Trails and so much more! Contact Onsite Agents Katie Fisher & Mark Marati for Estimated Completion of homes on site, and design selections. Our Welcome Center Office is located at Lot 64 in Heritage Ranch. Renderings &/or images may show features that are subject to change. Sq Ft & Taxes are estimated.

Getting Around

9
WalkingCar-Dependent
0
TransitNo Nearby Transit
39
BikeSomewhat Bikeable

Schools

7/10
6/10
9/10

Construction

Condition

  • Property condition: Model-Not For Sale
  • New construction: Yes
  • Year built: 2025

Materials

  • Roof: Composition
  • Construction materials: Frame,Lap Siding,Stucco & Frame

Other

  • Builder model: Timberland Exp
  • Builder name: New Mark Homes

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Daylight,Unfinished,Bath/Stubbed

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Number of fireplaces: 1
  • Fireplace features: Great Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 3,084

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Electric

Interior Area

  • Total structure area: 3,084
  • Total interior livable area: 3,084 sqft

Property

Details

  • Parcel number: 9DP314100000067

Lot

  • Lot size: 10,843 sqft
  • Features: City Lot

Parking

  • Total spaces: 3
  • Parking features: Attached,Garage Faces Front
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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

  • Winter Weather
    Winter WeatherVery High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Winter Weather
Heat Wave
Tornado
Cold Wave
Hail
Inland Flooding
Ice Storm
Lightning

FEMA Declared Disasters Across Kansas Counties

Flood
Severe Storm
Straight Line Winds
Tornado

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 $4,130$49,560
Home Insurance *$449$5,388
Property Taxes $762$9,144
Electricity $246$2,955
Total$5,587$67,044
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$191,554/yr
40% on housing$167,610/yr
45% on housing$148,986/yr

Kansas FAIR Plan Programs

Kansas All-Industry Placement Facility

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 11,507Commercial: 209
Total Premiums$9.41M
Total Exposure$949,000

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: 9.4%
9.4%
0%30.0%
Electricity Growth Rate10-year average: 1.6%
1.6%
0%15.0%
Property Taxes Growth Rate2-year average: 2.2%
2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$265This listing

vs Other Active Listings

Avg $/sqft

ZIP 66062$220
Johnson County$226

vs Homes Sold Last Month

Median $/sqft

ZIP 66062$187
Johnson County$208

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
2026-03-03Price change$816,950
2026-01-05Listed for sale$806,950

New Construction

AgentKatie Fisher
BrokerageWeichert, Realtors Welch & Co.

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