8513 Mckenny Lane SW
Olympia, WA, 98512 $ 899,000
Bedrooms4 Baths2.1 Sq 2,438 Monthly Estimate*
$ 5,676
for $899,000 with 4 bedrooms and 2 full baths, 1 half bath. This 2,438 square foot home was built in 2013 on a lot size of 5.2.
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.
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FeaturesGeneralLiving Area 2438
Sewer Septic Tank
Heating Heat Pump
Cooling Heat Pump
Possession Closing
Roof Composition
Appliances Dishwasher Dryer Microwave Refrigerator Stove(s)/Range(s) Washer
HOA Fee 0
Security Features Fully Fenced Security System
Year Built 2013
View Mountains
Topography Sloped
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Thurston
New Construction N
Property Type Residential
HOA N
Attached Garage Y
Subdivision Name Delphi
Garage Y/N Y
Full Baths 2
Special Listing Conditions None
Status Active
Directions GPS provides accurate directions.
City Olympia
Entry Location Main
Senior Community Y/N N
High School District Tumwater
MLS Area 442 - Black Hills
Lot Size Units Square Feet
Lot Size Square Feet 226512
Carport Y/N N
Listing Terms Assumable Cash Conventional FHA VA Loan
Land Lease Y/N N
Tax Annual Amount 8465
Public Remarks 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
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company Well
Property Style 12 - 2 Story
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InteriorInterior Amenities Bath Off Primary Ceiling Fan(s) Dbl Pane/Storm Window Dining Room Security System Walk-In Closet(s)
Basement None
Flooring Vinyl Plank Carpet
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 1
3/4 Baths 0
Total Bedrooms 4
Main Level Bedrooms 1
Total Baths 3
Power Production Type Electric
Baths Three Quarter Garage 0
Baths Three Quarter Lower 0
Baths Three Quarter Main 0
Baths Three Quarter Upper 0
Bedrooms Lower 0
Bedrooms Upper 3
Baths Half Upper 0
Baths Half Main 1
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 1
Baths Full Main 1
Baths Full Lower 0
Baths Full Garage 0
Bathrooms 2.5
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ExteriorExterior Amenities Cement Planked Wood
Vegetation Wooded
Parking Features Driveway Attached Garage RV Parking
Lot Features Dirt Road
Water Source Individual Well
Total Parking 3
Inclusions Dishwasher(s) Dryer(s) Microwave(s) Refrigerator(s) Stove(s)/Range(s) Washer(s)
Foundation Details Concrete Ribbon
Building Area Total 2438
Lot Size Acres 5.2
Waterfront Y/N N
Covered Spaces 3
Irrigation Water Rights Y/N N
Site Features Athletic Court Deck Electric Car Charging Fenced-Fully Gas Available Outbuildings RV Parking Shop
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Internal OnlyOriginalMLSID NWM2590327
Street Number 1 8513
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* Excluded FeaturesList ByJoseph HeilmanListing Agent
mrjheilman@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,676
- Monthly Property Taxes
- $705
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Olympia, WA
Average List Price $671,748
Percent of Sale Price 25%
About Olympia, WA 53,563 Population
23% Since 2002
$ 56,604 Median Income
39.12 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
258563 Elementary School
258343 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/3/2026 | $899,000 | | Listed Price |