$745,000
NEW CONSTRUCTION $50K PRICE DROP

5114 N Del Rey Dr Otis Orchards, WA 99027

Estimated payment $4,536/month

Total Views 6,486
5 Beds
3 Baths
2,900 Sq Ft
$257 Price per Sq Ft

Highlights

  • New Construction
  • Deck
  • Solid Surface Countertops
  • City View
  • Cathedral Ceiling
  • 2 Car Attached Garage

About This Home

Exceptional opportunity to acquire a stunning new residence in the highly coveted Highland Estates boasting 5 bedrooms, 3 baths, 2,900 sq/ft of living space, and the versatility of a walkout basement! Inside welcomes an expansive & bright vaulted great room, and the entry makes a statement with bold floor tile seen throughout. Entertain in the living area bathed in natural light, with windows adorned with granite sills. The well-appointed kitchen offers extensive cabinetry, pantry, island with sink, and striking surfaces for a remarkable culinary experience. Expansive back deck with views, an ideal setting for gatherings. Unwind in the generous master suite featuring a walk-in closet and a beautiful bath complete with a granite vanity and a tiled tub/shower. Main level includes a guest bedroom & full bath, while the lower level presents a sizable living area connecting back patio, accompanied by three guest bedrooms, a full bath, and a large utility/storage room ensuring ample space and functionality.

Listing Agent

Konstantin Velikodnyy

Kelly Right Real Estate of Spokane License #112734 Listed on: 07/01/2025

Co-Listing Agent

Jared Urbick

Kelly Right Real Estate of Spokane License #24022549

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,794

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.25 Acre Lot
  • Hillside Location

Parking

  • 2 Car Attached Garage
  • Workshop in Garage

Property Views

  • City
  • Mountain

Home Design

  • Brick or Stone Veneer
  • Shake Siding
  • Siding

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Vinyl Clad Windows
  • Basement

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Patio

Schools

  • East Valley Middle School
  • East Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • Highland Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 56314.1515

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,794

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Year Built: 2023
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLotFeatures: Views, Hillside
  • Lot Size Acres: 0.25
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: City, Mountain(s)
  • Co List Office Mls Id: SAR1036
  • Co List Office Phone: +1 (509) 489-70
  • Co List Office Phone: +1 (509) 489-70
  • MLS Status: Active
  • Subdivision Name: Highland Estates
  • Architectural Style: Ranch
  • Reso Interior Features: Pantry, Kitchen Island, Cathedral Ceiling(s), Windows Vinyl
  • New Construction: Yes
  • Reso Structure Type: Two Story
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Disposal, Microwave, Hard Surface Counters
  • Total Bedrooms: 5
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Type: Stone Veneer, Siding, Shake Siding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, RV Access/Parking, Workshop in Garage

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air, Heat Pump

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Otis Orchards
  • High School: East Valley
  • Middle Or Junior School: East Valley

Lot Info

  • Parcel Number: 56314.1515
  • Lot Size Sq Ft: 10890

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,794 $738,700 $115,000 $623,700
2024 $6,794 $730,000 $110,000 $620,000
2023 $5,270 $714,700 $105,000 $609,700
2022 $885 $567,600 $105,000 $462,600
2021 $559 $45,000 $45,000 $0
2020 $587 $45,000 $45,000 $0
2019 $551 $45,000 $45,000 $0
2018 $527 $40,000 $40,000 $0
2017 $468 $35,750 $35,750 $0
2016 $477 $35,750 $35,750 $0
2015 $90 $5,000 $5,000 $0
2014 -- $5,000 $5,000 $0
2013 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 Price Changed $745,000 -6.3% $257 / Sq Ft
07/01/2025 07/01/25 For Sale $795,000 +960.0% $274 / Sq Ft
08/17/2020 08/17/20 Sold $75,000 0.0% --
08/11/2020 08/11/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $75,000 +72.4% --
02/06/2017 02/06/17 Sold $43,500 -3.3% --
01/16/2017 01/16/17 Pending -- -- --
01/09/2017 01/09/17 For Sale $45,000 -- --
Source: Spokane Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $75,000 Wfg Natl Ttl Co Of Eastern W
Warranty Deed $43,500 None Available
Source: Public Records

Source: Spokane Association of REALTORS®

MLS Number: 202519729

Spokane Association of REALTORS®

APN: 56314.1515