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Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
Great Potential housing development opportunity in fast growing, desirable Medical Lake location! A total of 38.25-acres on the outermost edge of the city limits with a previous preliminary plat (not-recorded, available upon request) which produced 86 lots varying from 5,781 SqFt to 14,597 SqFt. Surrounded by nice homes on large acre parcels and directly across from Waterfront Park with lakefront views of Medical Lake and the beautiful walking trail that wraps around the lake. The city recently approved additional water meters, adding tremendous value to this opportunity. Many possibilities here; Pursue the plat for 86 lots? Split into 5-acre lots for higher-end homes? Construct a retirement community? Or...? Come see it today to explore the possibilities and realize YOUR vision for this phenomenal piece of property!
Sold Price
$750,000
List Price
$899,000
Sale vs List
-17%
Close Date
Jun 4, 2021
Financing
Cash
Buyer's Agent
Bo Apele
Property Type
Unimproved Land
County
Spokane
Lot Size
38.25 acres
Schools
Elementary: Medical Lake, Middle: Medical Lk, High: Medical Lk
Days to Sell
134 days
MLS #
SAR202110591
Parcel #
14192.0002
Annual Taxes
$1,228
MLS Area
A420/095
MLS Class
Lots & Land
Listing Terms
Conventional, Cash
Road Frontage
City Street, Paved Road
MLS Status
Sold
Listed On
Jan 20, 2021
Went Pending
Jan 24, 2021
Status Changed
Jan 10, 2022
Last MLS Update
Nov 22, 2024
MLS Branch
449
Elementary
Medical Lake
Middle School
Medical Lk
High School
Medical Lk
Utilities
Water Source
Sewer
Views
Waterfront
Lot Features
Listed By
Bo Apele
Professional Realty Services

Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
$4,870/mo
Estimated at 6.5% APR, 30-year fixed. For informational purposes only.
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