The American housing market is a roller coaster on the best of days. But for those wanting their first, next, or forever home in the vibrant heart of Olympia, there’s a fresh, brand-new option. Thirteen + Cherry Townhomes are located mere blocks from the Capitol campus and the historic South Capitol neighborhood with easy freeway access and plentiful walkability.
Built with a ground floor garage and living space in two floors above, all 12 units feature a progressive, urban design and are ready for purchase and occupancy today.
Olympia Townhouses for Sale with Capitol Campus Views
Unlike many new urban townhouse projects, which are intended as rental properties from day one, Thirteen + Cherry Townhomes are for sale. They also come with incentives like multi-year tax exemptions that could save significant money for future owners.
Ryan Clintworth of Twinpeaks says their team opted for sale “to increase much-needed homeownership in our community.” The buildings utilize a vertical design layout “which is a relatively new trend in Olympia but a very common model in major markets. We’re pioneering new lifestyle product in the most proximity-driven part of the city.”
The project received its certificate of occupancy in May 2026 and units are already being contracted by new owners ready to jump on the resurgence of owner occupancy.
Benefits and Incentives Galore at Thirteen + Cherry Townhouses
Units within Thirteen + Cherry Townhouses start with the sizeable cherry-on-top of an eight-year property tax exemption. Real estate professionals estimate that this could save owners nearly $5,000 each year over that time.
The project’s team, which includes Clintworth as well as Broker’s Justin Hjelm and Jamie Michaud, are all local to the area as are many of the construction, design and behind-the-scenes investment partners. Initially, the property was designed to be luxury rentals but the team quickly pivoted to for-sale units to combat the housing crunch.
Units are two-bedroom, three bathrooms with a flex space which can be used for an office, den or guest room. They each have a small balconies for sunlight and fresh breezes, champagne bronze accents, lots of adjacent street parking for visitors and a ground floor drive-in garage with space for a single vehicle and plenty of storage. Set up for your hobbies with bikes, paddleboards, home gym equipment, beer brewing set-ups or other passion projects…there’s room for it all.
The living area and kitchen floor has its own powder room for easy access and both top-floor bedrooms come with fully-equipped en suite bathrooms. You can find photos, renderings, layout, designs, neighborhood maps and more through at the projects website, www.13ctownhomes.com
Looking for an Investment Property? Look No Further than Thirteen + Cherry
If you or someone you know is a member of, or employed by, our citizen legislature, these easy access units are ideal. They are approved for short-term rental use; simply check with management for specific details. Because of Thirteen + Cherry’s quick access both to the Capitol campus, local dining and freeways, homes are ideal to purchase as rentals to visiting legislators, lobbyists, committee legal advisors and session staff.
Clintworth explains that many nearby rentals in the neighborhood “are usually long-term leases with no option to sublet. Investors have typically invested in apartments over the last decade, but when the rental market softens that leaves them with less control. Owned townhouses let them take control of a brick-and-mortar investment where the owner or owners can be in charge of the unit instead of paying a rental property management company.”
To learn more about Thirteen + Cherry Townhouses or to schedule a visit, email Justin Hjelm at justinhjelm@capitolregroup.com or Jamie Michaud at jamiemichaud@windermere.com. Both are happy to show you around the property and discuss currently available units and incentives.
Though mortgage rates may fluctuate, purchasing your home means zero monthly sticker-shock bumps like living in a rental unit. It’s estimated that rental renewal increases are typically between 3 and 5% nationwide, while Olympia’s rate hovers at just under 4%. Catch a future mortgage rate drop and you could refinance from today’s rates to lock in an even lower monthly payment. How often can you say that when renting?
Whether you’re a first-time homebuyer, empty-nester looking to downsize into a tidy townhouse (where someone else takes care of the yardwork), investing in Olympia’s healthy real estate market or want the luxury of new build construction with elegant finishes and fresh new-house smell, check out Thirteen + Cherry today.
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