Price Reduction - Water Views
Address
506 S Shelley Lake Ln, Spokane Valley, WA
Price
$ 609,900
Property Attributes
- ID#202621829
- TypeSingle Family
- Listing Status Active
- CountySPOKANE
- CitySpokane Valley
- AreaA110-084
- NeighborhoodShelley Lake PUD
- Zip99037
- StyleContemporary
- Year Built1990
- Taxes$ 5582
- Price$ 609,900
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage2771
- Lot Size0.21 Acres
Data Source:
Spokane AOR
Property Description
Experience the beauty of life at Shelley Lake, a gated community centered around a picturesque 21-acre spring-fed lake nourished by Saltese Creek and underground springs. Named after early homesteader John Francis Shelley, the neighborhood offers scenic walking trails, peaceful lake views, and abundant wildlife, creating a truly tranquil setting. This contemporary Craftsman home is framed by beautiful landscaping with ornamental and fruit trees, colorful planting beds, and a welcoming front patio overlooking the lake. Inside, a dramatic staircase leads to a spacious primary suite featuring an impressive walk-in closet. The finished daylight basement provides a comfortable second living area with a cozy gas stove plus a private office that easily functions as a fourth bedroom. Award-winning Central Valley Schools, Close to shopping, dining, and I-90. Don't miss this opportunity to enjoy one of Spokane Valley's most desirable lake communities.
| Elementary School | Middle School | High School |
|---|---|---|
| Adams Elementary School | Evergreen Middle School | Central Valley High School |
| Price History | |
|---|---|
| 7/30/2026 | Listed $659,900 |
| 8/27/2026 | 8$609,900 |
General Features
| Living Area | 2771 |
|---|---|
| Heating | Natural Gas,Forced Air |
| Utilities | Cable Available |
| Roof | Composition |
| Appliances | Water Softener,Free-Standing Range,Gas Range,Refrigerator,Disposal,Microwave |
| Garage Spaces | 2 |
| Architectural Style | Contemporary |
| Construction Materials | Brick Veneer,Masonite |
| Year Built | 1990 |
| Stories Count | 3 |
| Township | 25 |
| Property Subtype | Single Family Residence |
| Waterfront Features | Sec Lot |
| County | Spokane |
| New Construction | No |
| Property Type | Residential |
| HOA | Yes |
| Subdivision Name | Shelley Lake PUD |
| Other Structures | Stge Shd |
| Status | Active |
| High School | Central Valley |
| City | Spokane Valley |
| Lot Size Square Feet | 9147 |
| Listing Terms | FHA,VA Loan,Conventional,Cash |
| Elementary School | Adams |
| Tax Annual Amount | 5582.7 |
| Middle/Junior High School | Evergreen |
| Additional Parcels Y/N | No |
| Structure Type | Three Story |
| Standard Status | Active |
| Elementary School District | Central Valley |
Interior Features
| Interior Amenities | Smart Thermostat,Pantry,Kitchen Island |
|---|---|
| Basement | Partial,Finished,Rec/Family Area |
| Fireplace Features | Gas |
| Basement (Y/N) | Yes |
| Total Bedrooms | 4 |
| Total Baths | 4 |
Exterior Features
| Parking Features | Attached,Garage Door Opener |
|---|---|
| Lot Features | Fenced Yard,Sprinkler - Automatic,Common Grounds |
| Building Area Total | 2771 |
| Lot Size Acres | 0.21 |
| Road Frontage Type | Private Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 99037
Price
Taxes
Year Built
Visits
Spokane Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Jacklin Real Estate - Coeur d'Alene may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Last Updated: September 22, 2026 6:34 AM UTC
Coeur d'AleneAssociation of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be
