12

Waterfront Homes for Sale in Spokane Valley, WA

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  • /50

    $525,000

    • 4 Beds
    • 2 Baths
    • 1,964 Sq Ft

    3914 N Murray Dr, Otis Orchards, WA 99027

    Nestled in the heart of Otis Orchards, this charming 4-bedroom, 2-bath home offers 1,964 sq ft of inviting living space with room to grow. An additional non-egress room provides the perfect opportunity for a 5th bedroom, office, or creative space—complete with a fully soundproof closet! Set on an oversized 0.75-acre lot, this property is your own private oasis. Enjoy a peaceful setting with a

    Agent Photo

    Nichole Decker

    Avalon 24 Real Estate

    (509) 265-7601

    3914 N Murray Dr, Otis Orchards, WA 99027
  • /50

    $699,000

    • 4 Beds
    • 3.5 Baths
    • 4,302 Sq Ft

    718 S Shelley Lake Ln, Spokane Valley, WA 99037

    View View View! One owner home built during the 1999 home show. Tile and hardwood floors. Professional decor and window treatments. Covered patio to enjoy the fabulous backyard. The huge main floor primary has a soaking tub, large shower, and tons of counterspace. 100% basement has the ability to convert two more bedrooms. Enjoy beautiful Shelley Lake and gated community with walking trails,

    Agent Photo

    Kathy Moore

    Windermere Valley

    (509) 732-9513

    718 S Shelley Lake Ln, Spokane Valley, WA 99037
  • /50

    $1,199,900

    • 4 Beds
    • 3 Baths
    • 5,974 Sq Ft

    4202 W Jensen Rd, Cheney, WA 99004

    Spectacular home in an equally breathtaking setting! This custom two-story residence offers nearly 6,000 square feet of refined living space, featuring four generously sized ensuite bedrooms and an exceptional lower level complete with a wet bar, tasting room, and a dream-worthy craft room. Designed for both comfort and entertaining, the home showcases a beautiful chef’s kitchen, multiple

    Steve James eXp Realty 4 Degrees

    4202 W Jensen Rd, Cheney, WA 99004
  • /49

    $1,150,000

    • 5 Beds
    • 4 Baths
    • 3,656 Sq Ft

    7515 E South Riverway Ave, Spokane Valley, WA 99212

    Refined waterfront luxury home just minutes east of Downtown Spokane. Located in an stunning enclave of ~100 homes along a rare, boatable stretch of the Spokane River with steady water levels ideal for paddle boarding, kayaking, boating, swimming, and water skiing. An elegant walkway leads to a stunning open-concept main level with dual living areas, dining space, and a kitchen Martha Stewart

    Mike Lambert Designed Real Estate

    7515 E South Riverway Ave, Spokane Valley, WA 99212
  • /48

    $1,199,900

    • 6 Beds
    • 6 Baths
    • 5,243 Sq Ft

    18315 E Riverway Ave Unit 18317 E Riverway Ave, Spokane Valley, WA 99016

    RARE AND UNIQUE OPPORTUNITY! Stunning riverfront duplex- zoned 0-lot line with BREATHTAKING VIEWS OF THE RIVER designed for those who expect nothing short of an extraordinary living environment & lifestyle. Duplex must be purchased with adjacent duplex-MLS #202611701. Situated on a rare 80' LOT of Spokane River frontage. This exceptional property offers unmatched versatility for multigenerational

    Pam Fredrick John L Scott, Spokane Valley

    18315 E Riverway Ave Unit 18317 E Riverway Ave, Spokane Valley, WA 99016
  • /50

    $999,900

    • 4 Beds
    • 3 Baths
    • 5,974 Sq Ft

    4202 W Jensen Rd, Cheney, WA 99004

    Spectacular home in an equally breathtaking setting! This custom two-story residence offers nearly 6,000 square feet of refined living space, featuring four generously sized ensuite bedrooms and an exceptional lower level complete with a wet bar, tasting room, and a dream-worthy craft room. Designed for both comfort and entertaining, the home showcases a beautiful chef’s kitchen, multiple

    Steve James eXp Realty 4 Degrees

    4202 W Jensen Rd, Cheney, WA 99004
  • /50

    $1,150,000

    • 4 Beds
    • 6 Baths
    • 2,986 Sq Ft

    7211 E South Riverway Ave, Spokane Valley, WA 99212

    Experience true waterfront living at the Riverhouse, ideally situated along the scenic Spokane River just minutes from downtown Spokane. This inviting home offers beautiful river views, abundant natural light, and comfortable indoor and outdoor spaces perfect for relaxing or entertaining. Enjoy peaceful mornings by the water, watch wildlife pass by, or launch your kayak or paddle board right from

    Nikki Kubas Keller Williams Spokane - Main

    7211 E South Riverway Ave, Spokane Valley, WA 99212
  • /50

    $2,400,000

    • 6 Beds
    • 4.5 Baths
    • 3,768 Sq Ft

    4611 W Anderson Rd, Cheney, WA 99004

    Enjoy ~200 acres of pristine Inland Northwest beauty—a true outdoor lover’s haven. This property offers sweeping Mica Peak views, 3 ponds fed by 2 year-round springs, 30+ acres of farm ground, basalt rock outcroppings, and a mix of pine forest, aspen meadows, and wetlands. Ideal for horses, cattle, housing or business development, or a conservation easement with tax benefits. Built in 2015, the

    Ryan Towner LT Real Estate

    4611 W Anderson Rd, Cheney, WA 99004
  • /50

    $825,000

    • 5 Beds
    • 4 Baths
    • 3,590 Sq Ft

    859 S Shelley Lake Ln, Spokane Valley, WA 99037

    Welcome to lake-front living in a gated community where comfort and peace of mind come together, while still close to everything in Spokane Valley. This beautiful 5 bed, 4 bath home offers over 3,500 sq ft with two family rooms and a rare second primary suite downstairs, ideal for multigenerational living or guests. Major updates are already done, including a new 30-year roof (2026), and recent

    Lara Ramsay Amplify Real Estate Services

    859 S Shelley Lake Ln, Spokane Valley, WA 99037
  • /12

    $299,000

    • Land
    • 7,840 Sq Ft
    • $1,661,111 per Acre

    527 S Shelley Lake Ln, Spokane Valley, WA 99037

    Last Available Buildable Lot on Shelley Lake! Don’t miss this rare opportunity to own the final buildable lakefront lot in the prestigious, gated Shelley Lake community. This stunning property offers direct access to lake frontage, providing the perfect setting to build the home of your dreams. Picture yourself enjoying tranquil evenings on your deck, sipping morning coffee while overlooking the

    Shannon Beckner Coldwell Banker Tomlinson

    527 S Shelley Lake Ln, Spokane Valley, WA 99037
  • /50

    $1,800,000

    • 8 Beds
    • 6 Baths
    • 8,401 Sq Ft

    18319 E Riverway Ave Unit 18319 E Riverway Ave, Spokane Valley, WA 99016

    STUNNING RIVERFRONT DUPLEX designed for those who expect nothing short of an extraordinary living environment & lifestyle. Duplex must be purchased with adjacent duplex, which is 0 Lot line. MLS#20261170. Situated on a rare .76-acre parcel w/90 ft of Spokane River frontage, this exceptional Cedar home offers unmatched versatility for multigenerational living, luxury owner-occupied use or a

    Pam Fredrick John L Scott, Spokane Valley

    18319 E Riverway Ave Unit 18319 E Riverway Ave, Spokane Valley, WA 99016
  • /29

    $325,000

    • Land
    • 20.5 Acres
    • $15,854 per Acre

    5306 W Curtis Rd, Cheney, WA 99004

    Welcome to your own secluded paradise! This stunning 20-acre property offers the perfect blend of privacy, natural beauty, and convenience. Surrounded by majestic trees and accented with a peaceful seasonal pond, it’s an ideal setting for those seeking tranquility without sacrificing accessibility—just a quick 10-minute drive from Cheney. With power already in place, the groundwork is set for

    Lisa Sweeney Realty One Group Eclipse

    5306 W Curtis Rd, Cheney, WA 99004

Home Trends in Spokane Valley, WA

Housing Trends

Median Sale Price
$440,000
Median Single Family Sale Price
$449,990
Median 2 Bedroom Sale Price
$205,000
Median 1 Bedroom Sale Price
$162,000
Average Price Per Sq Ft
$229
Number of Homes for Sale
275
Last 12 months Home Sales
1,287
Months of Supply
2.60
Median List Price
$450,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
1%
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