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Peaceful Valley Home for Sale

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    $899,900

    • 3 Beds
    • 3 Baths
    • 2,363 Sq Ft

    1405 W Water Ave Unit 202, Spokane, WA 99201

    This stunning craftsman-style condo is fully fenced and gated, giving you easy access to downtown Spokane and the Centennial Trail, along with beautiful views of the Spokane River. As soon as you walk into this upper 1 1/2 story unit, you'll notice the exceptional craftmanship and custom woodwork throughout its three bedrooms, three bathrooms, plus a library loft. The spacious primary suite on

    Jim Bjorklund Coldwell Banker Tomlinson

    1405 W Water Ave Unit 202, Spokane, WA 99201

Why Live in Peaceful Valley

Peaceful Valley in Spokane is a secluded riverside neighborhood just downriver from Downtown Spokane and its iconic falls. This historic area, once a salmon fishery for the Spokane Tribe, features a mix of small, older cottages dating back to the early 1900s, and modern apartments and townhouses. Homes are compact, typically ranging from 700 to 1,400 square feet. The neighborhood's limited commercial presence ensures a tranquil residential atmosphere, yet residents enjoy easy access to downtown shopping and dining options, including River Park Square Shopping Mall and the Roseaurs Supermarket in nearby Browne’s Addition. Public schools in the area are highly rated, with Sacajawea Middle School and Lewis and Clark High both receiving strong grades. Peaceful Valley is rich in outdoor and recreational spaces, with Redband Park offering river access, athletic fields, and a playground, while People’s Park features scenic riverside trails and connects to the Centennial Trail. The neighborhood is also adjacent to the Northwest Museum of Arts and Culture, the largest cultural organization in the Inland Northwest. Despite its tucked-away feel, Peaceful Valley is well-connected to the rest of Spokane via several bus routes, Interstate 90, and is just 6 miles from Spokane International Airport. The neighborhood's safety is comparable to the national average, providing a balanced living environment for its residents.

Frequently Asked Questions

Is Peaceful Valley a good place to live?
Peaceful Valley is a good place to live. Peaceful Valley is considered somewhat walkable and very bikeable with some transit options. Peaceful Valley is a suburban neighborhood. Peaceful Valley has 6 parks for recreational activities. It is somewhat dense in population with 7.9 people per acre and a median age of 40. The average household income is $58,266 which is below the national average. College graduates make up 38.2% of residents. A majority of residents in Peaceful Valley are renters, with 73.2% of residents renting and 26.8% of residents owning their home. A local real estate agent serving Peaceful Valley can help you decide if this neighborhood is the right one for you. Learn more on our Peaceful Valley neighborhood guide.
Is Peaceful Valley, WA a safe neighborhood?
Peaceful Valley, WA is less safe than the average neighborhood in the United States. It received a crime score of 7 out of 10.
How much do you need to make to afford a house in Peaceful Valley?
The median home price in Peaceful Valley is $660,000. If you put a 20% down payment of $132,000 and had a 30-year fixed mortgage with an interest rate of 6.31%, your estimated principal and interest payment would be $3,270 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $140K a year to afford the median home price in Peaceful Valley. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Peaceful Valley is $58K.
What are the best public schools in Peaceful Valley?
The best public schools that serve Peaceful Valley are:
What are the best private schools in Peaceful Valley?
The best private schools that serve Peaceful Valley are:
What are the most popular zip codes in Peaceful Valley, Spokane, WA?
The most popular zip codes in Peaceful Valley, Spokane, WA include 99201, 99224, 99204, 99206 and 99205.
What are the most popular neighborhoods near Peaceful Valley, Spokane, WA?
The most popular neighborhoods near Peaceful Valley, Spokane, WA are Browne's Addition, West Central, City Center Spokane, Cliff-Cannon and Latah Valley.

Home Trends in Peaceful Valley, WA

Housing Trends

Median Sale Price
$535,000
Median Single Family Sale Price
$380,000
Median 2 Bedroom Sale Price
$714,500
Average Price Per Sq Ft
$338
Number of Homes for Sale
1
Last 12 months Home Sales
6
Months of Supply
2.00
Median List Price
$660,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
61%
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