16423 E Valleyway Ave, Spokane Valley, WA 99037

• 5 beds |
• 3 baths |
• 2,584 sqft

Property 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.)

Listing Status:

Active

Data Last Updated:

August 6, 2026 at 4:18AM

Listing Office:

eXp Realty, LLC : 509-723-7709

Listing Agent:

Hunter Mackay : 509-723-7709

MLS ID:

202621810

Interior

• General: In-Law FloorplanLVP/LVT Flr
• Rooms: Utility RoomLVP/LVT Flr
• Appliances: Free-Standing RangeDishwasherRefrigeratorMicrowaveWasherDryer
• Basement: FullFinishedWalk-Out Access
• Flooring: LVP/LVT Flr
• A/C: Wall Unit(s)Ductless
• Heating: BaseboardDuctless
• Fireplace: Woodburning FireplceFireplaces: 2

Exterior

• General: GreenhouseWorkshop
• Style: Ranch
• Parking: AttachedSlab

Construction

• Roofing: Composition
• Windows: Wood FramesVinyl FramesLVP/LVT Flr
• General: One Story

Location

• Road/Access: Dirt Road
• Originating MLS: sarmls
• School District: Central Valley
• County: Spokane

Lot

• Zoning: 45134.0513
• View: Mountain(s)Territorial

Financial

• Source: sarmls