Discover the perfect blend of country living and city convenience with this exceptional 1.27-acre parcel on Five Mile Prairie! Paved road frontage and level, usable land, this property is ready for your dream build, with power on site, and city water available. Enjoy territorial views and multiple prime building sites with utilities in place. Zoned Urban Reserve (UR), offering flexibility for residential development, small-scale agricultural uses, or future investment potential as the area continues to grow. An existing outbuilding adds flexibility. The seller has building plans for a stunning 2,276 sq ft daylight rancher with a 2-car garage plus RV garage, along with plans for a 1,600 sq ft shop—ideal for hobbies, storage, or workspace. Located just minutes from shopping, dining, and everyday amenities, and within the highly desirable Mead School District, A rare opportunity to build your Dream Home.
Five Mile Prairie, located between U.S. 2 and the Little Spokane River corridor, is a residential and semi-rural Spokane neighborhood with open prairie views and a patchwork of wooded draws. The neighborhood’s character concentrates around the U.S. 2 and W Waikiki Rd junction, where farm stands, trailhead traffic, and small-service storefronts set a practical, outdoorsy tone. Housing leans toward newer subdivisions and larger-lot homes, with wide streets and big skies shaping the daily rhythm. Trail access and river bluffs pull attention toward walking, cycling, and wildlife watching. Local gathering points include Green Bluff growers, the historic Garland Theater, and Whistlepunk Brewing for a distinctly Spokane sense of place.
Provided by Walk Score and Local Logic
Property details
Exterior
Finance
Exterior features
Level parcel
Oversized lot
City street and paved road frontage
Directions: Maple to Five Mile Rd. Head north up Five Mile Rd to the roundabout at Strong Rd, take the second exit; property is on the west side of Five Mile Rd.
Home design
Land
Unimproved land
Construction
1.27 acres
Utilities
Public water available
Natural gas available
Phone service available
Power available at property
Sewer: see remarks
Financial info
Annual tax amount: $1,760
Electricity and solar
View estimated energy costs and solar savings for this home
Great spot to build your custom dream home. Although there is a small farmhouse bungalow on the property-it is of little or no value. Sold As-Is. 1 car garage w-carport + 400 sq ft steel building. City water, Avista Power, Paved Road.
SPOKANEMLS as Distributed by MLS Grid #1
Oct 25, 2018
Price Changed
$140,000
Oct 5, 2018
Price Changed
$145,000
Public Records
Jun 12, 2007
Sold
$150,000
SPOKANEMLS as Distributed by MLS Grid #23013318
Dec 31, 2003
Sold
$49,800
Aug 28, 2003
Listed
$49,900
Public Records
Oct 30, 2003
Sold
$49,800
Year
Property tax
Land + Additions
Assessment*
2026
$1,760 (+5.5%)
$151,020 + $5,500
$156,520
2025
$1,669 (+32.7%)
$151,020 + $5,500
$156,520
2024
$1,258 (−23.0%)
$124,320 + $4,600
$128,920
2023
$1,634 (−0.2%)
$107,780 + $4,600
$112,380
2022
$1,636 (−0.9%)
$83,240 + $54,500
$137,740
2021
$1,651 (−1.1%)
$83,240 + $54,800
$138,040
2020
$1,669 (−2.4%)
$83,240 + $49,900
$133,140
2019
$1,710 (+18.2%)
$83,240 + $55,300
$138,540
2018
$1,447 (+2.7%)
$50,520 + $46,300
$96,820
2017
$1,409 (−0.8%)
$50,520 + $46,300
$96,820
2016
$1,420 (+3.7%)
$52,520 + $42,400
$94,920
2015
$1,369
$52,520 + $41,000
$93,520
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
1.27 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Other
County
Spokane County
APN
26231.9015
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 30, 2026.
UR
Urban Reserve Zone
The urban reserve (UR) zone includes lands outside the urban growth area that are preserved for expansion of urban development in the long term. These areas are given development standards and incentives so that land uses established in the near future do not preclude their eventual conversion to urban densities. Residential clustering is encouraged to allow residential development rights while ensuring that these areas will be available for future development.
Permitted uses
Include but are not limited to:
Agriculture
Greenhouse / nursery
Winery & vineyard
Community / recreation center
Religious facility
Housing-Single unit
Housing-Multiple units
Fire house
Golf related
Park & open space
Feb 22, 2026 • Final
Water meter
Electrical
Electric meter
Aug 23, 2025 • Final
Electrical
Electrical
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.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.46% chance of being in a wildfire in next 30 years
2/10 Heat Factor
7 days above 93° expected this year, 13 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
17 unhealthy days expected this year, 19 days in 30 years
Provided by First Street
Historical weather
Spokane, WA • 99208
Average low and high temperatures (°F)
34
24
39
25
52
33
61
35
71
44
78
51
87
57
85
57
79
51
59
36
43
33
39
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 1.7 hours in December, placing it below the
U.S. average for solar exposure.
10.3 hrs
1.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 8721 N Five Mile Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $402,500 and $544,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $403K to $544K.