Rare 4.8-acre Development Opportunity + an existing home! Owned by the same family since the 1950s, this prime 4.8-acre property is ready for its next chapter. Zoned R1 (allowing up to 10 units per acre) This offers incredible potential for developers, investors, or those seeking a private retreat. A 2-bedroom, 1-bath, 2,363 sq. ft. vintage bungalow (built in 1924) sits on the property, full of character and awaiting restoration. Live in it while planning your vision, renting it out, or starting fresh. The land is cleared, level, and primed for development, with city water and sewer easily accessible from the street. Nestled in a highly desirable neighborhood surrounded by upscale homes, this is a rare investment opportunity in a rapidly growing area. Conveniently located near shopping, dining, parks, and more, this is your chance to secure a versatile property with endless possibilities. Don’t miss out, call today for details! THIS IS AN ESTATE
*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
2
Baths
1.5
Stories
2
Lot width
—
Lot depth
—
Lot size
4.83 Acres
Year renovated
1924
Sq. Ft.
2,689
Year built
1924
Style
Single Family Residential
County
Spokane County
APN
26241.0019
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 30, 2026.
R1
Residential 1 Zone
The residential zones implement the residential goals and policies and land use plan map designations of the comprehensive plan. They are intended to preserve land for housing and to provide housing opportunities for individual households. The zones are distinguished by the permitted uses, the housing types, and intensity of development allowed. The differences in the zoning categories reflect the diversity of residential areas in the City. The limits on the intensity of uses and the development standards promote the desired form for the residential area. The standards are intended to provide certainty to property owners, developers, and neighbors of what is allowed in the various categories.; The R1 zone is a low-intensity residential zone. The zone allows a range of housing choices built at the general scale and height of detached houses. This includes both detached and attached homes and middle housing types.
Permitted uses
Include but are not limited to:
Housing
Park & open space
Jan 6, 2027 • Active
Tank aboveground construction
Gas
Aug 16, 2026 • Active
Commercial-industrial-multifamily building
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.
Property details
Parking
Parking Information
Parking Features: Attached, Garage Door Opener
Garage Spaces: 2
Interior
Bedroom Information
# of Bedrooms: 3
Basement Information
Has Basement
Room Area: 2011
Room Area Units: Square Feet
Basement Features: Partial, Unfinished
Main Level Information
Room Area Units: Square Feet
Fireplace Information
# of Fireplaces: 2
Fireplace Features: Insert, Woodburning Fireplce
Heating & Cooling
Heating Information: Electric, Baseboard
Interior Features
Room Type: Utility Room
Exterior
Building Information
Construction Materials: Brick
Roof: Composition
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Lot Information
Lot Features: Level, Open Lot, Oversized Lot, Surveyed
Lot Size Acres: 4.83
Road Frontage Type: City Street, Paved Road
Location
School Information
Elementary School: Prairie View
Elementary School District: Mead
Middle Or Junior High School: Highland
High School: Mead
Location Information
Address Search Number: 8919
Area: A331/057
Directions: Google maps is accurate
Public facts
Beds: 2
Baths: 1.5
Sq. Ft.: 2,689
Stories: 2.0
Lot Size: 4.83 acres
Style: Single Family Residential
Year Built: 1924
Year Renovated: 1924
County: Spokane County
APN: 26241.0019
Home facts updated by county records on Jun 30, 2026
Other
Listing Information
Class: Residential
FIPS: 53063
1031 Exchange: No
Lender Owned: No
Relocation Corporation Owned: No
Listing Date Information
First Photo Add Dt: 2025-04-19T04:38:36.6
Home Information
Structure Type: One and a Half Story
Listing Office Information
SAR_LO1_BranchOfOrgID: 1069
Around this home
Schools
Prairie View Elementary School
Public K-5 • Assigned • 0.8mi
8/10
Highland Middle School
Public 6-8 • Assigned • 1.5mi
7/10
Mead Senior High School
Public 9-12 • Assigned • 2.3mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
2/10 Heat Factor
6 days above 94° 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
19 unhealthy days expected this year, 21 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
Estimated sale price
$538,000 – $651,000
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