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8925 Walter Court SW, Olympia, WA, 98512

3beds
2baths
1,640sqft
$650,000
$396price/sqft
$4,134/moest. monthly cost
$165,360/yrincome needed

About This Home

**Location is everything!** Experience the perfect balance of peaceful country living and everyday convenience. Tucked away at the end of a quiet cul-de-sac, this beautifully maintained rambler sits on 2 private, manicured acres, offering the space and serenity you've been searching for. This 3-bedroom, 1.75-bath home features comfortable main-level living, a versatile bonus room, and endless potential to make it your own. Thoughtfully updated throughout, improvements include a newer roof, fresh exterior paint, remodeled bathrooms, new garage doors, new water pump and pressure tank, new water heater, new heating system, new under-house insulation, and a new refrigerator. Step outside to the expansive back deck overlooking your own park-like setting—perfect for morning coffee, entertaining guests, or simply enjoying the peaceful surroundings. Bring your horses, hobbies, and big ideas! The property features a massive detached shop, an additional outbuilding, and two paved driveways, providing abundant space for RV parking, recreational vehicles, equipment, or even a home-based business. Lovingly cared for by only two owners, this special property is ready for its next chapter. Enjoy the privacy and freedom of acreage living while being just minutes from I-5, shopping, restaurants, and everyday conveniences. Opportunities like this are rare—don't miss your chance to make this incredible property your own.

Getting Around

1
WalkingCar-Dependent
0
TransitNo Nearby Transit
39
BikeSomewhat Bikeable

Schools

6/10
8/10
Tumwater High SchoolGrades 9-122.0 mi

Construction

Condition

  • Property condition: Good
  • Year built: 1990

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Wood Siding,Wood Products

Notable Dates

  • Major remodel year: 1994

Type & Style

  • Home type: SingleFamily
  • Architectural style: 1 Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Refrigerator(s),Washer(s),Water Heater: Electric,Water Heater Location: Utility Room

Basement

  • Basement: None

Bathroom Full

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Bonus Room

  • Level: Main

Entry Hall

  • Level: Main

Family Room

  • Level: Main

Features

  • Bath Off Primary,Ceiling Fan(s)
  • Door features: French Doors
  • Window features: Dbl Pane/Storm Window
  • Flooring: Ceramic Tile,Laminate,Carpet
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning,Main Level: 1,Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace,Forced Air,Stove/Free Standing,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 1,640
  • Total interior livable area: 1,640 sqft

Kitchen Without Eating Space

  • Level: Main

Other

  • Level: Main

Utility Room

  • Level: Main

Property

Details

  • Parcel number: 79050000800
  • Zoning: R/SR
  • Special condition: Standard
  • Other equipment: Leased Equipment: None

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Bath Off Primary,Ceiling Fan(s),Dbl Pane/Storm Window,Fireplace,French Doors,Water Heater
  • Has view: Yes
  • View description: Territorial
  • Topography of land: Level
  • Residential vegetation: Fruit Trees,Garden Space,Pasture,Wooded

Lot

  • Lot size: 2 Acres
  • Features: Cul-De-Sac,Dead End Street,Open Lot,Paved,Secluded,Barn,Cable TV,Deck,Fenced-Partially,High Speed Internet,Outbuildings,RV Parking,Shop

Parking

  • Total spaces: 9
  • Parking features: Driveway,Attached Garage,RV Parking
  • Has garage: Yes
  • Covered spaces: 5
  • Uncovered spaces: 4

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
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

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 $3,286$39,432
Home Insurance *$159$1,908
Property Taxes $540$6,480
Electricity $149$1,793
Total$4,134$49,608
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$141,737/yr
40% on housing$124,020/yr
45% on housing$110,240/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

$396This listing

vs Other Active Listings

Avg $/sqft

ZIP 98512$232
Thurston County$297

vs Homes Sold Last Month

Median $/sqft

ZIP 98512$298
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
2026-07-23Listed for sale$650,000
2015-07-07Listing removed$325,000
2015-06-02Listed for sale$325,000
1999-05-25Sold$110,000

For Sale by Agent

AgentEllie Lyro
BrokerageeXp Realty

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