Olympia Homes with Assumable Terms

Olympia Homes with Assumable Terms

Located in Thurston County, Washington, Olympia is a vibrant city with a rich history and a thriving real estate market. As the capital of Washington state, Olympia offers residents a unique blend of urban amenities and natural beauty.

Situated in the Pacific Northwest region of the United States, Olympia boasts a picturesque setting with stunning views of the Puget Sound and the Olympic Mountains. The city is known for its mild climate, making it an ideal place for outdoor enthusiasts to explore the numerous parks, trails, and waterways.

One notable feature of the real estate market in Olympia is the availability of homes with assumable terms. This means that buyers have the opportunity to take over the existing mortgage of the seller, which can be advantageous in certain situations. Assumable terms can provide potential buyers with flexibility and potentially lower interest rates, making homeownership more accessible.

Whether you are looking for a charming historic home in the heart of downtown or a spacious suburban property with a backyard, Olympia offers a variety of housing options to suit different preferences and budgets. From cozy bungalows to modern townhouses, there is something for everyone in this diverse real estate market.

With its strong sense of community, excellent schools, and a thriving arts and culture scene, Olympia is a city that attracts residents from all walks of life. If you are considering making Olympia your home, now is a great time to explore the real estate opportunities available and find the perfect place to call your own.

Newest Olympia Homes with Assumable Terms

8513 Mckenny Lane SW, Olympia
$899,000
4 Beds ⋅ 3 Baths ⋅ 2590327 MLS ⋅ ACTIVE Status
Rare 5-acre property bordering Capitol State Forest, offering an incredible combination of privacy, recreation, versatility, and a potentially exceptional financing opportunity with an assumable VA loan at just 2.25%. This updated 4-bedroom, 2.5-bath home features spacious living areas, new flooring, updated bathrooms, and a renovated kitchen with granite countertops, modern appliances, and gas range. The main-level primary suite includes a walk-in closet and jetted tub. A massive back deck provides the perfect place to relax, entertain, and enjoy the view. The showstopper is the insulated 40x60 shop with 16-foot sidewalls, 3/4 bath, and loft. The shop is used mainly as an indoor basketball court with premium Maple XL flooring and three regulation-height hoops—an incredible space for working out or working on your hobbies. Full RV hookups at the shop include electric, water, and septic. The 3-car garage includes EV charging. The property features 5 fully fenced acres, an additional smaller fenced yard, a dog kennel, and an Invisible Fence. Then there’s the backyard—Capitol State Forest. The property directly abuts the forest, providing ride-in access from your backyard. Hop on your ATV or dirt bike and head straight into the forest. Hiking, riding, and seemingly endless outdoor recreation are literally out your back door. This is far more than a home on acreage—it’s a property built for living, playing, exploring, and making the most of the Pacific Northwest.

8513 Mckenny Lane SW, Olympia

Listing Broker: eXp Realty; Joseph Heilman; 360-259-4942; mrjheilman@gmail.com

1327 Horne Street NE, Olympia
$629,995
2575338 MLS ⋅ ACTIVE Status
This beautiful duplex is ready for its next owner. House is sound and has been lovingly updated with new flooring throughout, brand new windows (with transferable lifetime warranty), new fence, new water heater in 1327 and new tub in 1329. All appliances stay. Roof is less than 10 years old. This duplex is consistently rented with high occupancy percentage. Elementary school located right across the street. Great location, close to JBLM, shopping, and the I-5 corridor.

1327 Horne Street NE, Olympia

Listing Broker: Real Broker LLC; Ben Smith; 253-326-1185; bsmithsells.realbroker@gmail.com

1243 92nd Way SE, Olympia
$555,000
4 Beds ⋅ 3 Baths ⋅ 2566937 MLS ⋅ CONTINGENT Status
VA ASSUMABLE LOAN AT 2.99%! Step into a beautifully maintained, move-in-ready home offering the perfect combination of comfort, style, and functionality. This popular floor plan features an inviting open-concept main level with a spacious great room that flows seamlessly into the well-appointed kitchen, complete with a center island, generous pantry, and adjacent dining area, perfect for everyday living and entertaining.The thoughtfully designed upper level offers a convenient laundry room, spacious secondary bedrooms, including one with a walk-in closet, and a private primary suite featuring its own walk-in closet and attached bath. The flexible fourth bedroom provides additional space for guests, a home office, or whatever fits your lifestyle.Enjoy numerous updates and added conveniences, including refreshed interior paint, custom blinds throughout, remote garage door openers, and a security system with cameras. Lovingly maintained by its original owner, this home is truly move-in ready and offers the peace of mind and pride of ownership.Conveniently located near shopping, dining, everyday amenities, and JBLM, this home offers an easy commute while providing a comfortable place to call home. Don't miss the opportunity to explore the assumable VA loan at an attractive 2.99% rate!

1243 92nd Way SE, Olympia

Listing Broker: simpliHOM Residential; Akayliana Nelson-Tumblin; 253-343-3190; kaylitumblin@simplihom.com

9315 Milburn Loop SE, Olympia
$865,000
4 Beds ⋅ 3 Baths ⋅ 2564596 MLS ⋅ ACTIVE Status
Welcome to McAllister Park, where this beautifully maintained home offers nearly 2,700 sq ft of comfortable living on a fully fenced half-acre lot. The backyard is designed for recreation and relaxation, featuring a generous in-ground pool, pool equipment shed, outdoor sound system, and iRobot pool cleaner. Inside, the open great-room floor plan is enhanced by beautifully refinished hardwood floors and a desirable split-bedroom design. The chef-inspired kitchen features solid-surface counters, large island with prep sink, natural gas appliances, and abundant workspace for cooking and entertaining. Four bedrooms provide excellent flexibility, with one ideally suited for a home office or den. Enjoy movie nights in the impressive media room, complete with projector, screen, sound system, and custom couch that stays. New carpeting enhances the bedrooms and media room. Additional highlights include ample storage throughout the home, a spacious 3-car garage and welcoming neighborhood with sidewalks, mature tree-lined paths, scenic views, and refreshing breezes. Conveniently located near shopping, schools, I-5, and JBLM, this special home is ready for its next owners to enjoy. Ask Listing Broker about potential assumable loan.

9315 Milburn Loop SE, Olympia

Listing Broker: RE/MAX Northwest; Sue Wise; 360-790-2047; sue@makeawisemove.com

7609 13th Avenue NE, Olympia
$480,000
3 Beds ⋅ 2 Baths ⋅ 2532600 MLS ⋅ ACTIVE Status
ASSUMABLE VA LOAN at 2.95% FOR QUALIFIED VA BUYERS!!! Welcome to this beautiful rambler on a spacious lot in the highly desirable Thompson Place neighborhood! This 3-bedroom, 1.75-bath home is move-in ready with vinyl plank flooring throughout, fresh interior paint, a brand-new roof, and solar panels that can eliminate your electric bill. The primary suite offers a private bathroom and a generously sized walk-in closet. At the heart of the home, the updated kitchen and inviting family room feature modern finishes, fresh paint, abundant built-in shelving, and a cozy wood-burning fireplace that keeps the home warm during the cooler months. Ceiling fans in every room help maintain comfort throughout the summer. Step outside to enjoy the fully fenced, flat, and usable 0.29-acre lot. The backyard is packed with extras, including a Ninja obstacle course and rock wall that stay with the home, along with dedicated garden spaces ready for your green thumb. With no HOA, you'll enjoy the freedom to make this property your own. Conveniently located within walking distance of shopping, public transportation, and everyday amenities, this home also offers quick access to I-5 and JBLM, making commuting a breeze. 1-0 buydown available to lower your monthly mortgage payment with preferred lender ask for details (terms apply). One year home warranty also offered as a gift to the buyer!

7609 13th Avenue NE, Olympia

Listing Broker: John L. Scott, Inc.; Alexandria Goforth; 760-419-2231; AlexandriaGoforth@johnlscott.com

3028 Amhurst Street SE, Olympia
$725,000
4 Beds ⋅ 3 Baths ⋅ 2552201 MLS ⋅ ACTIVE Status
Picture mornings with coffee beside a tranquil water feature, afternoons exploring the wooded trails at nearby LBA Park, & evenings gathering with friends in a home that feels welcoming from the moment you arrive. Set in southeast Olympia, this beautifully maintained 4-bedroom, 2.5-bath home offers room to enjoy the life you've been looking for. Sunlight fills spacious living areas, while timeless hardwood floors & a thoughtful layout create an easy flow for everyday routines, holiday dinners, & relaxed weekends at home. Generously sized bedrooms offer space for guests, creative projects, or a home office, giving you flexibility as your needs change. At day's end, retreat to a spacious primary suite with vaulted ceilings & a luxurious soaking tub, your invitation to slow down & recharge. Outside, beautifully landscaped surroundings & the soothing sound of water set the scene for summer barbecues, quiet conversations, & evenings beneath the stars. With LBA Park & Woods close by, you can make trail walks, playground visits, picnics, & time outdoors part of your weekly rhythm. Nearby schools in the Olympia School District, convenient shopping & dining, & easy access to I-5 keep daily errands & commuting within reach. Meticulously cared for & move-in ready, this is a place to settle in, spread out, & make memories. A welcoming backdrop for your next chapter.

3028 Amhurst Street SE, Olympia

Listing Broker: RE/MAX Northwest; Rae Anne Toth; 360-790-1848; raeanne@raeannetoth.com

2845 Alyssa Court SE, Olympia
$499,000
3 Beds ⋅ 2 Baths ⋅ 2551084 MLS ⋅ CONTINGENT Status
Assumable VA loan, may be available to qualified buyers, inquire for details! Welcome home to this beautifully refreshed, move-in ready rambler in the highly desirable Olympia School District! Finding a true single-story, 3-bedroom home at this price point is increasingly rare, making this an exceptional opportunity for first-time buyers, downsizers, or anyone seeking easy one-level living. The current owner has invested significant time and care refreshing the home before listing, giving it a clean, modern feel that's ready for you to enjoy from day one. Commuters will appreciate being just 10 minutes from I-5, providing convenient access to JBLM, Olympia, and beyond. Even better, qualified buyers may take advantage of the home's assumable VA loan, offering the potential for substantial long-term savings compared to today's market interest rates. Whether you're relaxing in the comfortable living spaces, enjoying the low-maintenance lifestyle, or taking advantage of the convenient location close to shopping, dining, parks, and schools, this home checks all the boxes. Opportunities like this don't come along often—a refreshed, move-in ready, single-level home with three bedrooms, a VA assumable loan, and an unbeatable combination of value, condition, and location. Schedule your private showing today! HOA covers front landscaping, sprinkler system, front sidewalk repair, and secure mailboxes.

2845 Alyssa Court SE, Olympia

Listing Broker: Seattle Works Real Estate; Kyle Murphy; 253-961-4161; kyle.murphy@worksrealestate.co

7237 Ridgemont Drive SE, Olympia
$575,000
3 Beds ⋅ 3 Baths ⋅ 2547864 MLS ⋅ ACTIVE Status
Price adjustment and $10,000 buyer credit towards closing costs or rate buy down!! Some of the rooms have been virtually staged. Welcome to this beautifully updated 2,644 sq. ft. tri-level home offering the perfect blend of architectural character and peaceful Lake Pattison living. Inspired by mid-century modern design, this home features soaring vaulted ceilings with exposed beams, dramatic triangular clerestory windows, and walls of glass that flood the home with natural light. Fresh interior paint and updated butcher block countertops add warmth and modern appeal. The versatile floor plan includes 3 bedrooms, 2.75 baths, and a flexible lower-level living space with private backyard access—ideal for guests, multigenerational living, a home office, or bonus room. Situated on a generous 12,742 sq. ft. lot, you'll enjoy a slight view of Lake Pattison and private community lake access just around the corner for kayaking, fishing, paddleboarding, or relaxing by the water. Tucked away in a peaceful setting yet only 15 minutes from Hawks Prairie, I-5, shopping, dining, and JBLM, this home offers the perfect balance of privacy and convenience. Complete with a two-car garage and low HOA dues of just $250 per year covering common area maintenance, this is a rare opportunity to own a home with distinctive style, flexible living space, and an exceptional location.

7237 Ridgemont Drive SE, Olympia

Listing Broker: Keller Williams Realty PS; Jessica Taylor; 253-732-4228; jessicataylorsellshomes@gmail.com

2209 Kildane Way SE, Olympia
$746,000
5 Beds ⋅ 3 Baths ⋅ 2542085 MLS ⋅ ACTIVE Status
Come see this amazing 3,190sf well maintained Rob Rice built home in the highly desired Whitmore Glen Community. The Birch floorplan features 5 beds, 2.5 baths, 9' ceilings, gourmet kitchen w/solid granite counters & eating bar, walk-in pantry, SS appliances, alder cabinets w/under cabinet lighting & den/bonus room off kitchen. Entertain friends in the front & formal dining room. Gas fireplace & Red oak hardwood floors on the main floor. 5-piece bath with walk-in closet off Primary Suite. Enjoy & relax in the huge loft/media area. Other features include AC, underground sprinklers, laundry upstairs, covered patio & fully fenced backyard. 2 car garage + shop space! Recent exterior paint & landscaping. AC, Gas fireplace & furnace serviced 6/2026. Water heater installed 2020 & new carpet installed 6/2026. Oly Schools! Walking distance to Pioneer Elementary, Washington Middle & Olympia High. Close to parks, freeway access, downtown & JBLM. Ask your Broker for Pre-List Inspection with corrections.

2209 Kildane Way SE, Olympia

Listing Broker: Skyline Properties, Inc.; June Liu; 360-529-9775; june.jjrt@gmail.com

8007 114th Lane SW, Olympia
$1,250,000
4 Beds ⋅ 5 Baths ⋅ 2533427 MLS ⋅ ACTIVE Status
Experience peaceful living on 4.77 serene, park-like acres. This thoughtfully designed home with gated entry features a luxurious primary suite with a spa-like bathroom and rain shower, fireplace, and private patio. Enjoy the spacious chef’s kitchen with walk-in pantry, wellness gym with sauna, smart-home security cameras and HVAC, and an upstairs bonus room offering flexible space for storage, play, or bedrooms. Outside, discover an enchanting castle-inspired play structure, orchard, and fenced vegetable garden, along with a 3 car garage with storage and a 560 sq ft shop. A private-entry apartment with its own kitchen, bathroom, laundry, and walk-in closet provides exceptional flexibility for guests or multigenerational living. A rare combination of privacy, comfort, recreation, and functionality - this beautiful property truly has it all.

8007 114th Lane SW, Olympia

Listing Broker: City Realty Inc.; Laura Vandersnick; 360-790-2946; laura@cityrealtyinc.net

7637 Brianna Court SE, Olympia
$485,000
3 Beds ⋅ 3 Baths ⋅ 2514679 MLS ⋅ ACTIVE Status
This charming and well-maintained home features 3 spacious bedrooms and 2.25 bathrooms, offering a generous 1,477 square feet of thoughtfully designed living space. The open concept kitchen and living room create a warm and welcoming atmosphere, perfect for both entertaining guests and enjoying everyday life. The kitchen is equipped with modern appliances and ample counter space, making meal preparation a delight. Step outside to a large, fully fenced backyard that provides privacy and security, ideal for outdoor activities, gardening, or hosting gatherings. Situated in a friendly and well-established neighborhood with a community playground, this residence offers a wonderful blend of convenience, comfort, and community spirit. Close to local schools, shopping centers, parks, and major transportation routes, this is an excellent place to call Home. Listing agents to pay one point towards buyer closing costs OR buy down out of commission at closing. ASK ABOUT THE POTENTIAL TO ASSUME THE LOAN WITH INTEREST RATE BELOW CURRENT MARKET RATES AND NO MORTGAGE INSURANCE!

7637 Brianna Court SE, Olympia

Listing Broker: Northfork Realty; Todd W McAntosh; 360-790-4969; todd.mcantosh@gmail.com

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