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$550,000
Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
About This Home
Incredible opportunity to own this beautifully treed peninsula on Newman Lake. This unique 7.92-acre parcel boasts over 700 feet of frontage on the NW corner of the lake nestled adjacent to the 450-acre McKenzie Conservation Area. Cabin is rough and needs lots of work; property sold strictly "as-is". The value is in the property, lake frontage and incredible views! Approx 1 acre of peninsula and 6.92 acres to the west. Property has bunk house, large shed and enclosed lean-to for storage. Finished lower level of home has exterior entrance. No well or potable water. Home is connected to lake water and ownership has surface water right claim. Due to age of improvements, no as-built on file at county for septic system, but it was pumped in 2019. Buyer to verify any and all information and perform their own due diligence.
Sale Summary
Sold Price
$796,370
List Price
$550,000
Sale vs List
+45%
Close Date
Sep 12, 2023
Financing
Cash
Buyer's Agent
Victor Plese
Property Details
Property Type
Single Family Residence
Year Built
1945
County
Spokane
Lot Size
7.92 acres
Living Area
1,713 sqft
Price / Sqft
$321
Garage
1-car
Fireplaces
1
HOA
None
Schools
Elementary: East Valley, Middle: East Valley, High: East Valley
Days to Sell
17 days
MLS #
SAR202320941
Parcel #
56032.9035
Annual Taxes
$5,410
Total Building Area
1,713 sqft
MLS Area
A141/109
MLS Class
Residential
Listing Terms
Conventional, Cash, See Remarks
Road Frontage
Private Road, Dirt Road
Street Direction
E
MLS Status
Sold
Listed On
Aug 25, 2023
Went Pending
Sep 5, 2023
Status Changed
Sep 13, 2023
Last MLS Update
Sep 13, 2023
MLS Branch
231
School Information
Elementary
East Valley
Middle School
East Valley
High School
East Valley
Home Features & Details
Architectural Style
Construction
Structure Type
Roof
Basement
Flooring
Windows
Heating
Appliances
Interior Features
Fireplace Features
Accessibility
Patio & Porch
Views
Waterfront
Parking
Lot Features
Other Structures
Listed By
Vic Plese
Plese Realty LLC
Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
Estimated Monthly Payment
$2,979/mo
Estimated at 6.5% APR, 30-year fixed. For informational purposes only.
Property Highlights
Location
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