
14121 W 152nd Terrace #4003
Olathe, KS 66062

$374,000
INVESTORS & VALUE-SEEKING BUYERS—TAKE NOTICE! Major capital improvements are already complete, the home offers more finished square footage than most of its model, and there's an opportunity to build equity with cosmetic updates! A long list of big-ticket improvements means less money spent on major replacements: new windows, furnace, A/C, water heater, exterior paint, deck, sump pump with battery backup, landscaping, and a beautifully remodeled primary bathroom! Inside, vaulted ceilings, tall windows, and a fireplace create an inviting main living area. The spacious kitchen offers abundant cabinet and counter space, a tall pantry, and newer appliances. The primary suite features a walk-in closet, trayed ceiling, and updated bathroom with tiled shower and new vanity. BONUS SQUARE FOOTAGE. In addition to the finished walkout basement, this home offers an additional finished sub-basement with a wet bar which is ideal for a game room, home office, recreation space, or additional flexible living area. The extended garage provides extra storage, workshop space, or room for a third vehicle. Outside, a large fully fenced yard, mature trees, new deck, and firepit add to the property's appeal. The opportunity? Many of the expensive updates have already been handled, leaving room for cosmetic improvements that could enhance the home's value. Whether you're an investor looking for your next project or a buyer hoping to build sweat equity, this property offers a compelling combination of space, improvements, and potential. Bring your vision and unlock the possibilities!
District: Olathe
16137 S Mahaffie Street, Olathe, KS 66062
About Olathe
Kansas' fourth-largest and fastest-growing city. Excellent school choices, abundant new construction, 60+ parks, and 10-20% better value than comparable Johnson County markets.
Olathe embodies the American dream of family-centered suburban living — where growing families find exceptional value, modern convenience, and genuine community spirit in Kansas' fourth-largest and fastest-growing city. This isn't just affordable living; it's smart living, where excellent school choices (both Olathe and Blue Valley districts), abundant new construction options, and a robust local economy create the perfect environment for families to establish lasting roots.
From new master-planned neighborhoods with contemporary amenities to established areas near historic downtown, Olathe offers housing diversity that accommodates every stage of family life. The city's commitment to growth with purpose shows in everything from its 60+ parks and recreation facilities to major employers like Garmin and Honeywell that provide career stability while maintaining the community character that makes neighbors feel like extended family.
Whether you're drawn by the competitive pricing on quality new construction, the excellent recreational facilities like Lake Olathe and the Community Center, or simply the authentic Midwestern values that prioritize family, education, and community involvement, Olathe delivers the kind of balanced lifestyle where children thrive, parents prosper, and everyone feels genuinely welcome.
Olathe's location in south-central Johnson County offers excellent connectivity throughout the Kansas City metro. K-10 and I-35 provide direct access to both Kansas City centers and Lawrence, while 119th Street and Ridgeview Road offer convenient local connections.
Olathe offers both Olathe Schools and Blue Valley Schools options:
Olathe is unique in Johnson County — both the Olathe School District and Blue Valley serve different parts of the city. School assignment depends on your exact address. I can verify the specific district for any property you're considering.
Olathe consistently offers 10-20% better value than comparable Johnson County cities while maintaining quality construction and strong appreciation driven by job growth and excellent schools.
Listing data provided by Heartland MLS via SimplyRETS. Last updated: Oct 27, 2026, 5:03 PM UTC.
This information is believed to be accurate but is not guaranteed. Buyers should independently verify all information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. © 2026 Heartland MLS. All rights reserved.