Active

$1,000,000

4223 S Madison Rd, Spokane, WA 99206

5beds

4baths

4,690sqft

Est.:

Single Family Residence

Built in 1967

5 Acres Lot

$964,900 Zestimate^®

$213/sqft

$-- HOA

What's special

Completely renovated modern retreatSpa like bathroomsPeaceful park-like setting

Tucked away on 5 secluded acres in the heart of Spokane Valley, this completely renovated modern retreat offers the perfect blend of privacy and luxury. Inside, you’ll find a stunning chef’s kitchen designed for entertaining, expansive living spaces with modern finishes, spa like bathrooms, a dedicated workout room with tons of natural light, and a laundry room with ample amounts of cabinets and counter space. Car enthusiasts and hobbyists will appreciate the impressive 40x34 shop along with an additional attached 3-car garage, providing endless space for vehicles, toys, storage, or projects. Despite the peaceful, park-like setting, this property is just 10 minutes from shopping, restaurants, and everyday amenities, and is located within the highly desirable Central Valley School District. With potential development opportunities, this rare property offers not only an exceptional lifestyle but also future investment potential in one of the area’s most sought-after locations.

2 days

1,211

97

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4

Basement

Level: Basement

First floor

Level: First
Area: 1856 Square Feet

Other

Level: Second
Area: 1390 Square Feet

Heating

Natural Gas, Electric, Forced Air, Ductless

Cooling

Central Air

Appliances

Included: Indoor Grill, Gas Range, Double Oven, Dishwasher, Refrigerator, Microwave, Washer, Dryer

Features

Hard Surface Counters
Basement: Full,Finished,Daylight,Rec/Family Area,Walk-Out Access
Number of fireplaces: 2
Fireplace features: Masonry, Wood Burning

Interior area

Total structure area: 4,690
Total interior livable area: 4,690 sqft

Property

Parking

Total spaces: 4
Parking features: Attached, Detached, RV Access/Parking, Workshop in Garage, Garage Door Opener, Oversized
Garage spaces: 4

Features

Levels: Two
Stories: 2
Fencing: Fenced
Has view: Yes
View description: Territorial

Lot

Size: 5 Acres
Features: Views, Sprinkler - Automatic, Secluded, Hillside, Oversized Lot, Horses Allowed

Details

Additional structures: Workshop
Parcel number: 45343.9058
Horses can be raised: Yes

Construction

Type & style

Home type: SingleFamily
Architectural style: Other,Traditional
Property subtype: Single Family Residence

Materials

Stone Veneer, Cedar
Roof: Composition

Condition

New construction: No
Year built: 1967

Community & HOA

Location

Region: Spokane

Financial & listing details

Price per square foot: $213/sqft
Tax assessed value: $750,600
Annual tax amount: $8,241
Date on market: 5/14/2026
Listing terms: FHA,VA Loan,Conventional,Cash
Road surface type: Paved

Estimated market value

$964,900

$917,000 - $1.01M

$3,985/mo

Price history

Date	Event	Price
5/14/2026	Listed for sale	$1,000,000+17.6%$213/sqft
Source: SMLS as distributed by MLS GRID #202617367 Report a problem
8/23/2023	Listing removed	--
Source: John L Scott Real Estate Report a problem
8/18/2023	Price change	$850,000-5.6%$181/sqft
Source: SMLS as distributed by MLS GRID #202318807 Report a problem
7/14/2023	Listed for sale	$900,000+89.5%$192/sqft
Source: SMLS as distributed by MLS GRID #202318807 Report a problem
9/6/2019	Sold	$475,000$101/sqft
Source: SMLS as distributed by MLS GRID #201918369 Report a problem
7/31/2019	Pending sale	$475,000$101/sqft
Source: Windermere Valley/Liberty Lake #201918369 Report a problem
7/11/2019	Price change	$475,000-5%$101/sqft
Source: Windermere Valley/Liberty Lake #201918369 Report a problem
6/17/2019	Listed for sale	$499,900$107/sqft
Source: Windermere Valley #201918369 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$8,010 +23.8%	$750,600 +11.7%
2023	$6,470 +3.6%	$671,800 +3%
2022	$6,245 +4.1%	$652,200 +23.8%
2021	$5,996 -7.3%	$526,740 +1.4%
2020	$6,471 +14.2%	$519,500 +9.5%
2019	$5,669	$474,400 +7.9%
2018	$5,669 -10.2%	$439,500 +5%
2017	$6,310 +6.8%	$418,400 +7.3%
2016	$5,908 +10.8%	$390,000 +7.7%
2015	$5,334	$362,000
2014	$5,334	$362,000
2013	$5,334 -7%	--
2011	$5,734 +4.7%	--
2010	$5,476	--
2009	$5,476 +3.3%	--
2008	$5,302	--
2007	$5,302 +15.7%	$440,200
2005	$4,584 +0.3%	--
2004	$4,571 +2.5%	--
2003	$4,458	--
2002	$4,458 -0.1%	--
2001	$4,463 -7.9%	$284,400
1999	$4,845	$284,400

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 99206

Getting around

9 / 100

Car-Dependent

0 / 100

No Nearby Transit

3 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

8/10
Chester Elementary School
Grades: PK-5Distance: 0.7 mi
8/10
Horizon Middle School
Grades: 6-8Distance: 0.5 mi
6/10
University High School
Grades: 9-12Distance: 0.9 mi

Schools provided by the listing agent

Elementary: Chester
Middle: Horizon
High: University
District: Central Valley

Source: SMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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