$725,000

TBD NE Gray Ln Pullman, WA 99163

Estimated payment $4,592/month

0.54 Acre
$1,342,593 Price per Acre
23,616 Sq Ft Lot

Highlights

  • Corner Lot
  • Pullman High School Rated A
  • 1-minute walk to Reaney Park

About This Lot

Extraordinarily rare development opportunity in heart of Pullman. Offering includes THREE contiguous vacant land parcels being sold together as one premier investment opportunity directly adjoining entrance to Washington State University & overlooking historic Reaney Park. Opportunities to acquire nearly 1⁄2 acre of multifamily-zoned land in coveted university-adjacent location are exceptionally scarce & seldom come to market. Positioned on picturesque Gray Ln., property is surrounded by Pullman’s classic mature tree canopy streetscape & overlooks Reaney Park & Pool & iconic pedestrian entry trail leading directly into the WSU campus. Setting captures timeless collegiate character of Pullman, framed by WSU’s historic brick academic buildings & vibrant campus atmosphere. Historically, entrance near Reaney Park served as principal connection between City of Pullman & “college on the hill,” once anchored by prominent basalt stone arch. Reaney Park, Pullman’s oldest municipal park, dates back to early 1900s & once featured student-used livery stable in 1910, adding rich historical significance to remarkable location. Sale consists of 3 buildable lots totaling approx. 23,616 Sq Ft. (just over 1⁄2 acre): • Lot 1 – 8,166 SF • Lot 2 – 7,950 SF • Lot 3 – 7,500 SF All 3 parcels: zoned Multi-Family Residential, presenting exceptional future development potential for student housing, income-producing rentals, townhomes, apartments, or thoughtfully designed tiered residential project. Upward-sloping terrain creates opportunity for elevated, staggered construction w/commanding park & campus-oriented views. Water & sewer utilities available in street & ready to be brought to each parcel. Located directly below fraternity & sorority housing & only blocks from Pullman’s revitalized downtown core, property sits at center of one of NW's most recognized college communities. WSU, home of Cougars, enrolls approx. 16,248 students on Pullman campus & brings year-round energy to area through nationally recognized athletics, football wknds , parent wknds, research programs. Annual taxes for all 3 parcels parcels, currently only $1,884.02. Tax ID: 112300007010003 112300007020003 112300007030002 Parcels sold together only & will not be separated, preserving full development footprint & maximizing building envelope potential of premier WSU-adjacent property. Premier university-edge development sites of this caliber, size, history, & location are truly once-in-a-generation opportunities.

Listing Agent

Callie Younger

Magenta & Co., LLC. DBA Magenta & Co. Real Estate License #26003299 Listed on: 05/17/2026

Property Details

Property Type

  • Land

Lot Details

  • 23,616 Sq Ft Lot
  • Corner Lot
  • Zoning described as MULTI-FAMILY RE

Property Details

Property Type

Land

Lot Details

0.54 Acres

Listing Details

  • Class: LAND
  • Type: Multi-Family
  • Street Road Information: Curbs, Paved, Sidewalks
  • Lvt Date: 05/17/2026
  • Directions: East on E. Main St., Right on Spring St., Left on Lentil Ln., Left on Reaney Way. Property is on the corner of Gray Ln. & Reaney Way, directly across form Reaney Park.
  • Geo Longitude: -117.172489769745
  • Geo Match Code: 3
  • Geo Matched Method: 2
  • Geo Quality: 1
  • OFFICELIST_STATE: WA
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Water Sewer: Public Water Avail, Public Sewer Avail
  • Utilities Electricity: Electric in Street, Gas in Street

Lot Info

  • Lot Dimensions: IRR x IRR
  • Lot Sq Ft: 23616
  • Number Of Acres: 0.54
  • Property Description: Recorded Plat Map, Corner Lot
  • Zoning Type: MULTI-FAMILY RE
  • Irrigation Water Source: Available
  • Improvements: Curbs/Sidewalks
  • Dryland Acres: .54

Tax Info

  • Annual Taxes: $1,884.02
  • Tax Year: 2026

Map

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Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2026 05/17/26 For Sale $725,000 -- --
Source: Pacific Regional MLS

Source: Pacific Regional MLS

MLS Number: 293047

Pacific Regional MLS
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