515 S Shelley Lake Ln, Spokane Valley, WA 99037 (MLS# 25-9391)

515 S Shelley Lake Ln, Spokane Valley, WA 99037

$895,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 3,846 Lot Size (sq. ft.): 9,148 Status: Closed

Current Price: $895,000 List Date: 9/12/2025 Last Modified: 10/24/2025

Overview

Description

Hurry to view one of the finest homes in the highly sought after, gated Shelley Lake community situated in the Spokane Valley. This stunning waterfront home has jaw dropping views of the water, mountains, and trees that you will never get tired of. Not only does the home back to the private lake, but it also abuts the lakefront, paved pathway. The home was built by a local family who owned a flooring and countertop business. It is loaded with every upgrade you could imagine; from radiant floor heat throughout the home, plus central air conditioning, custom stone counters and flooring, kitchenette/wet bar downstairs, walk out basement, hot tub, concrete deck overlooking the water, and lots of recent updating. The oversized garage, gated & secure community, plus easy access to shopping, schools, medical, and the freeway make this a waterfront dream home come true. Loaded with all the luxuries you'd hope to find in a custom home.

Listing Details MLS# 25-9391

Address Information

Street Number: 515
Street Direction Pfx: S
Street Name: Shelley Lake
Street Suffix: Ln
State/Province: WA
Postal Code: 99037
County: Spokane

Contract Information

Listing Type: Residential Waterfront
Income Producing: No
Area: Washington Counties
Neighborhood Grid #: 700
Begin Date: 2025-08-19
Sold Date: 2025-10-22
Under Contract Date: 2025-09-10
Short Sale: No
REO: No
Financing: Cash

General Property Description

Realtor.COM Type: Residential - Single Family
Building Style: Single Level
Basement: Yes
Garage Type: Att Garage
Garage Stall: 3 Car
Total Bedrooms: 4
Total Bathrooms: 3
Total SqFt.: 3846
SqFt B: 1923
SqFt 1: 1923
SqFt Source: Assessor
Lot Acres: 0.21
Year Built: 2000
New Construction: No
Lot Type 1: Residential
Lot Type 2: Lakefront
Lake/River Name: Spokane River

Legal and Taxes

Legal: See exhibit A
AIN/Tax Bill: 45242.1206
Parcel Number: 45242.1206
School District: Central Valley - 356
Zoning: RES
Taxes: 7628.22
Tax Year: 2024
Taxes Reflect 1: Home Owner's Exemption
Subdivision: Shelley Lake
Directions: GPS is accurate

Remarks

Public Remarks: Hurry to view one of the finest homes in the highly sought after, gated Shelley Lake community situated in the Spokane Valley. This stunning waterfront home has jaw dropping views of the water, mountains, and trees that you will never get tired of. Not only does the home back to the private lake, but it also abuts the lakefront, paved pathway. The home was built by a local family who owned a flooring and countertop business. It is loaded with every upgrade you could imagine; from radiant floor heat throughout the home, plus central air conditioning, custom stone counters and flooring, kitchenette/wet bar downstairs, walk out basement, hot tub, concrete deck overlooking the water, and lots of recent updating. The oversized garage, gated & secure community, plus easy access to shopping, schools, medical, and the freeway make this a waterfront dream home come true. Loaded with all the luxuries you'd hope to find in a custom home.

Property Subject to

CC&Rs: Yes
Homeowners Assoc: Yes
LID: No
Non-Mtg Lien: None
Flood Zone: Unknown
Aircraft Flight Zone: Unknown
Fire Protection Dist: Unknown

More Information

Rooms per Level

1st Fl Living Rm: Yes
1st Fl Dining Room: Yes
1st Fl Kitchen: Yes
1st Fl Fam/Gr Rm: Yes
1st Fl Mst Bdrm Suite: Yes
Main Level Bedrooms: Yes
1st Fl Bath: Yes
Main Level Bathrooms: 2
1st Fl Laundry: Yes
2nd Fl Fam/Gr Rm: Yes
2nd Fl Bdrm(s): 3
2nd Fl Bath: Yes

View

Lake: Yes
Territorial: Yes

Lot Features

Open Lot: Yes
Sloped: Yes
Southern Exposure: Yes
Sprinklers In Front: Yes
Sprinklers In Rear: Yes

Terms Considered

Cash: Yes
Conventional: Yes
VA: Yes

Road

Paved: Yes
Private Maintained Road: Yes

Water

City: Yes

Common Walls

No Common Walls: Yes

Sewer

Public Sewer: Yes

Fuel

Electric: Yes
Natural Gas: Yes

Heating

Forced Air: Yes
Radiant: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Gas Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Basement

Daylight: Yes
Finished: Yes
Walk-Out: Yes

Foundation

Concrete: Yes

Construction

Frame: Yes

Exterior

Stone: Yes
Vinyl Siding: Yes

Roof

Comp Shingle: Yes

Flooring

LVP: Yes
Tile: Yes
Vinyl: Yes

Property Features

View: Lake; Territorial Lot Features: Open Lot; Sloped; Southern Exposure; Sprinklers In Front; Sprinklers In Rear Common Walls: No Common Walls Appliances: Dishwasher; Disposal; Gas Range; Microwave; Refrigerator; Washer Fuel: Electric; Natural Gas Heating: Forced Air; Radiant Basement: Finished; Daylight; Walk-Out Foundation: Concrete Construction: Frame Exterior: Stone; Vinyl Siding Flooring: LVP; Tile; Vinyl Roof: Comp Shingle Road: Paved; Private Maintained Road Sewer: Public Sewer Terms Considered: Cash; Conventional; VA

Listing Office: Avalon 24 Real Estate

Last Updated: October - 24 - 2025

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