About This Home

This 5-bedroom, 3-bathroom single family at 16423 E Valleyway Ave in Spokane Valley, WA is listed for $624,900 ($242 per sqft). Built in 1959, the home offers 2,584 sqft of living space on a 1.40 acres lot.

Key Features

  • Built in 1959
  • 1.40 acre lot
  • Fireplace

Property Details

3 full
1959

Amenities

FireplaceView
Listing Description

RARE SPOKANE VALLEY UNICORN - 2.7% ASSUMABLE LOAN! An incredible wealth-building and entertainer's dream set on 1.4 private acres! Key Features: 5 Beds / 3 Baths (Includes 1 non-conforming bedroom) Instant Income: Successful, established Airbnb with a separate private entrance.

Entertainer's Yard: Fully fenced oasis featuring a sparkling pool and a massive concrete patio. Garage & Shop Space: Attached double garage PLUS a huge 24x34 detached shop-perfect for business, equipment, or toys. Developer Potential: Per the city, land holds 8-lot subdivision potential with a private road. Live in luxury while building wealth, or subdivide for a massive return on investment! (Buyer to verify all information and development potential with the City of Spokane Valley.)

Monthly Cost Estimate

$3,342/mo

20% down · 6.5% · 30 years

Principal$452
Interest$2,708
Insurance$182

Estimates only. Actual payments may vary.

Location

16423 E Valleyway Ave

Spokane Valley, WA 99037

Features & Amenities

Interior Features

In-Law FloorplanLVP/LVT Flr

Property Details

Flooring

Lvp/lvt flr

Construction

Brick Veneer Steel Frame

Views

Territorial

Pool Features

Patio

Heating

Ductless (Heating)Baseboard

Cooling

DuctlessWall Unit(s)

Appliances

Free-Standing RangeDishwasherRefrigeratorMicrowaveWasherDryer

Questions & Answers

This 5-bedroom, 3-bathroom single family at 16423 E Valleyway Ave is listed at $624,900 ($242/sqft). The estimated monthly payment is $3,342 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1959, 1.40 acre lot, Fireplace. Interior Features: In-Law Floorplan, LVP/LVT Flr.

This property is listed by Hunter Mackay and can be reached at (360) 339-5093.

HM

Hunter Mackay

Agent at eXp Realty, LLC

(360) 339-5093

Listed by eXp Realty, LLC · View on Broker Site

MLS# 202621810· Source: listhub· 1 day on market

Copyright © 2026 Spokane Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

16423 E Valleyway Ave, Spokane Valley, WA 99037

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