# 506 S Shelley Lake Ln, Spokane Valley, WA 99037

> **TL;DR:** 4bd/4ba single family, $659,900 ($238/sqft), built 1990, 2,771 sqft.
> Fireplace, View, A/C. Est. $3,604/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $659,900 |
| Price/sqft | $238 |
| Bedrooms | 4 |
| Bathrooms | 2 full, 2 half |
| Square Feet | 2,771 |
| Year Built | 1990 |
| Lot Size | 9,148 sqft (0.21 acres) |
| Stories | 3 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 1 |

## Why This Home Stands Out

- **Views** - Territorial

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,337 |
| Estimated Insurance | $192 |
| HOA | $75 |
| **Total** | **$3,604** |

## Nearby Schools

- **Elementary:** Adams
- **Middle:** Evergreen
- **High:** Central Valley

## Key Amenities

- Fireplace
- View
- A/C

## Property Highlights

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

## Description

### Agent 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.

## Location

- **Address:** 506 S Shelley Lake Ln, Spokane Valley, WA 99037
- **County:** Spokane
- **Neighborhood:** Shelley Lake PUD
- **Coordinates:** 47.652245, -117.187036
- **Google Maps:** https://www.google.com/maps?q=47.652245,-117.187036

## Listing Agent

- **Name:** Dixie Simon
- **Brokerage:** REAL Broker LLC
- **Phone:** (855) 450-0442

## Primary Photo

![506 S Shelley Lake Ln - Primary Photo](http://lh.rdcpix.com/92d6f756193ae5e1f24c9bf23b08cf94l-f76015481r.jpg)

*42 total photos available on [listing page](https://www.propertysimple.ai/listing/506-s-shelley-lake-ln-spokane-valley-wa-99037-02621829)*

---

**MLS#:** 202621829 | **Updated:** 2026-08-01
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/506-s-shelley-lake-ln-spokane-valley-wa-99037-02621829)

---

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