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4503 S Craig Rd

Medical Lake, WA 99022
  • $1,200,000
  • STATUS: Active
  • ON SITE: 99 Days
  • ID#: 202212854
UPDATED: 10 min ago
$1,200,000
  • 4
    BEDS
  • 4.99
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Single-Family Home
Built:
1896
County:
Area:

School Ratings & Info

School District:

Description

Get in on the ground floor of this development opportunity, minutes each way to Medical Lake or central Airway Heights. 14 minutes from Downtown Spokane, minutes from new Airway business park and Amazon. Currently setup as a large residential building which could be used for short term rental, event center, on site management quarters, and/or condo center club house. Per seller, plans are drawn and approved by the City of Medical Lake to develop the property by phases into 75+ garage units with full customization for each unit including water and heat. The current structure on the land includes the original 1896 stone structure homestead that could be a center piece wine cellar for event center/club house. Could be held and managed as large garage storage units or resold once developed as garage condos. This parcel is connected to city water but also has a well for land irrigation. Just imagine sitting on your private balcony, watching the Fairchild airshow!

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© 2022 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2022-07-03T19:20:46.893.
www.spokanearearealestate.com/homes/127072957
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4503 S Craig Rd Medical Lake, WA 99022

  • Price: $1,200,000
  • Status: Active
  • On Site: 99 Days
  • Updated: 10 min ago
  • ID#: 202212854
4
Beds
3
Baths
0
½ Baths
4.99
Acres
1896
Built
Neighborhood:
A420/098
County:
Spokane
Area:
A420/098
School District:
Cheney
Property Description
Get in on the ground floor of this development opportunity, minutes each way to Medical Lake or central Airway Heights. 14 minutes from Downtown Spokane, minutes from new Airway business park and Amazon. Currently setup as a large residential building which could be used for short term rental, event center, on site management quarters, and/or condo center club house. Per seller, plans are drawn and approved by the City of Medical Lake to develop the property by phases into 75+ garage units with full customization for each unit including water and heat. The current structure on the land includes the original 1896 stone structure homestead that could be a center piece wine cellar for event center/club house. Could be held and managed as large garage storage units or resold once developed as garage condos. This parcel is connected to city water but also has a well for land irrigation. Just imagine sitting on your private balcony, watching the Fairchild airshow!
Exterior Features

Access Public Road Design Rancher Exterior ShakeCedarWood Garage Parking Rv ParkingShop AreaOff St PrkgNone Garage Size 0 Lot Information CornerOversized Roof Metal Style Of Construction 2 Story

Interior Features

Basement PartialUnfinished Basement YN Yes Dining Informal Heat Cooling Radiant-FlrEl Wall Unit Master Bedroom 2nd FloorFull Bath Number Of Fireplaces 0 Special Features Main Floor Utility Stove Pellet Burn

Property Features

Features 200 AmpSecurity Alarm New Construction No Site Improvements Septic SystemWell InstalledPublic Water Sub Type Residential/Site Built TERMS ConvCash Year Remodeled 2022

Listing provided courtesy of 4 Degrees Real Estate.
© 2022 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2022-07-03T19:20:46.893.
 
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Partners Home Group | Professional Realty Services
4407 N Division St, Suite 910
Spokane WA, 99207