Welcome to the highly coveted Peone Prairie and this spectacular ranch on 10 acres with an incredible opportunity to add 2 additional 10 acre parcels to it for a 30 acre equestrian estate! Stunning views and quiet paved road in the Mead School District lend itself to the ultimate country life but also very close to Spokane & shopping! This premier horse facility offers stud pen and paddocks, ample water hydrants throughout, 24x48' mare motel, expansive 5 stall barn with tack room, hay storage & various outbuildings for equipment with grass hay harvest at approx. 25 ton/year. A 36' x 48' shop with a drive-through lean-to for truck and trailer gives you plenty of room to explore your hobbies on the farm. The cozy 4 bedroom, 3 bathroom, 2,920 ranch style home has a daylight walkout basement, main floor laundry, 2 fireplaces, updated kitchen with quartz counters, engineered hardwood flooring, fresh paint, & attached garage with breezeway. Everything is setup for so many possibilities
Single-familyProperty Type
1957Year Built
20.77 acresLot Size
$279Est. Price/Sq.Ft.
1 car garageParking
Listed by Scott Smith• Windermere/Coeur d'Alene Realty Inc
Welcome to the highly coveted Peone Prairie and this spectacular ranch on 10 acres with an incredible opportunity to add 2 additional 10 acre parcels to it for a 30 acre equestrian estate! Stunning views and quiet paved road in the Mead School District lend itself to the ultimate country life but also very close to Spokane & shopping! This premier horse facility offers stud pen and paddocks, ample water hydrants throughout, 24x48' mare motel, expansive 5 stall barn with tack room, hay storage & various outbuildings for equipment with grass hay harvest at approx. 25 ton/year. A 36' x 48' shop with a drive-through lean-to for truck and trailer gives you plenty of room to explore your hobbies on the farm. The cozy 4 bedroom, 3 bathroom, 2,920 ranch style home has a daylight walkout basement, main floor laundry, 2 fireplaces, updated kitchen with quartz counters, engineered hardwood flooring, fresh paint, & attached garage with breezeway.
CDAMLS #24-5620
Jun 20, 2024
Pending
—
Jun 12, 2024
Listed
$795,000
$272/sq ft
NWMLS as Distributed by MLS Grid #1790562
Aug 11, 2021
Sold (MLS) (Closed)
*
Aug 7, 2021
Pending
—
Jul 31, 2021
Contingent (Active Under Contract)
—
Jun 11, 2021
Listed (Active)
$899,900
$308/sq ft
SPOKANEMLS as Distributed by MLS Grid #202116888
Aug 11, 2021
Sold
*
Aug 7, 2021
Pending
—
Jul 31, 2021
Pending
—
Jun 9, 2021
Listed
$899,900
$308/sq ft
+28
Superb Horse Ranch on 40 acres with stunning views on a quiet paved road in the Mead School District! Country life but so close to Spokane too! Premier horse facility: stud pen and paddocks; ample water hydrants; galvanized fencing; 24x48' mare motel; round pen; big 5 stall barn with tack room, hay storage; various outbuildings for equipment. Grass hay harvest 25-35 ton yearly. 350’ x 150' outdoor riding arena. 36’ x 48' shop with a drive-through lean-to for truck and trailer. Underground power. New well pump recently installed. The cozy 4 bedroom, 3 bathroom ranch style home has a daylight, walkout basement, main floor laundry, updated kitchen, fresh paint, attached garages, a breezeway, and multiple fireplaces for that warm finishing touch. Everything is setup; the hard work is done. Just move in and start living!
Public Records
Aug 19, 1999
Sold
$225,000
$77/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$5,277 (+20.2%)
$253,310 + $430,200
$683,510
2025
$4,389 (+12.8%)
$253,310 + $430,200
$683,510
2024
$3,890 (−7.1%)
$280,650 + $456,800
$737,450
2023
$4,190 (+22.1%)
$280,650 + $456,800
$737,450
2022
$3,430 (+13.1%)
$165,590 + $280,700
$446,290
2021
$3,034 (+5.5%)
$165,590 + $280,700
$446,290
2020
$2,875 (+11.9%)
$165,590 + $251,100
$416,690
2019
$2,569 (−11.0%)
$165,590 + $224,600
$390,190
2018
$2,888
$155,580 + $206,400
$361,980
Tax history for 19312 N Madison Rd
Year
Property tax
Land + Additions
Assessment*
2026
$5,277 (+20.2%)
$253,310 + $430,200
$683,510
2025
$4,389 (+12.8%)
$253,310 + $430,200
$683,510
2024
$3,890 (−7.1%)
$280,650 + $456,800
$737,450
2023
$4,190 (+22.1%)
$280,650 + $456,800
$737,450
2022
$3,430 (+13.1%)
$165,590 + $280,700
$446,290
2021
$3,034 (+5.5%)
$165,590 + $280,700
$446,290
2020
$2,875 (+11.9%)
$165,590 + $251,100
$416,690
2019
$2,569 (−11.0%)
$165,590 + $224,600
$390,190
2018
$2,888
$155,580 + $206,400
$361,980
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
4
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
20.77 Acres
Year renovated
2005
Sq. Ft.
2,730
Year built
1957
Style
Single Family Residential
County
Spokane County
APN
47154.9088
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 30, 2026.
RT
Rural Traditional Zone
The rural traditional (RT) zone includes large-lot residential uses and resource-based industries, including ranching, farming and wood lot operations. Industrial uses will be limited to industries directly related to and dependent on natural resources. Rural-oriented recreation uses also play a role in this category. Rural residential clustering is allowed to encourage open space and resource conservation.
Permitted uses
Include but are not limited to:
Agriculture
Dairy
Greenhouse / nursery
Winery & vineyard
Community / recreation center
Religious facility
Housing-Single unit
Housing-Multiple units
Fire house
Park & open space
Jan 25, 2006 • Final
Building department
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Garage Information
Parking Features: RV Parking - Open
Has Attached Garage
Interior
Bathroom Information
Main Level Bathrooms: 3
Bedroom Information
Main Level Bedrooms: 3
Interior Features
Appliances: Electric Range, Electric Dryer, Electric Water Heater, Washer, Refrigerator, Microwave, Disposal, Dishwasher
Flooring: Tile, Carpet, LVP
Interior Features: Fireplace, High Speed Internet, Washer Hookup
Laundry Features: Electric Dryer Hookup
Fireplace Features: Insert
Has Fireplace
Room Information
Basement YN: Yes
Basement: Daylight, Walk-out
Exterior
Building Information
Building Area Total: 2920.0
Exterior Features
Patio And Porch Features: Covered Porch, Covered Deck, Patio
Exterior Features: Fruit Trees, Lighting, Open Deck, Rain Gutters, Lawn