About This Home

This 4-bedroom, 4-bathroom single family at 506 S Shelley Lake Ln in Spokane Valley, WA is listed for $599,000 ($216 per sqft). Built in 1990, the home offers 2,771 sqft of living space on a 0.21 acres lot.

Key Features

  • Built in 1990
  • 0.21 acre lot
  • 3 stories
  • Fireplace

Property Details

3 stories
2 full, 2 half
2-car garage
1990

Amenities

FireplaceViewA/C
Listing 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.

Monthly Cost Estimate

$3,279/mo

20% down · 6.5% · 30 years

Principal$433
Interest$2,596
Insurance$175
HOA$75

Estimates only. Actual payments may vary.

Location

506 S Shelley Lake Ln

Spokane Valley, WA 99037

Shelley Lake PUD

Features & Amenities

Interior Features

Smart ThermostatPantryKitchen Island

Property Details

Flooring

Wood

Construction

Brick Veneer Masonite

Views

Territorial

Outdoor Features

Patio

Parking

Open

Heating

Natural GasForced Air

Cooling

Central Air

Appliances

Water SoftenerFree-Standing RangeGas RangeRefrigeratorDisposalMicrowave

Questions & Answers

This 4-bedroom, 4-bathroom single family at 506 S Shelley Lake Ln is listed at $599,000 ($216/sqft). The estimated monthly payment is $3,279 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $75/month.

Key features include: Built in 1990, 0.21 acre lot, 3 stories, Fireplace. Interior Features: Smart Thermostat, Pantry, Kitchen Island.

This property is listed by Dixie Simon.

DS

Dixie Simon

Agent at Real Broker, LLC

Listed by Real Broker, LLC · Broker phone: (855) 450-0442 · View on Broker Site · Broker website

MLS# 202621829· Source: Spokane Association of REALTORS®· 95 days on PropertySimple

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.

506 S Shelley Lake Ln, Spokane Valley, WA 99037

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