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20902 S Ritchey Rd, Cheney, WA, 99004

6beds
6baths
5,490sqft
$699,995
$128price/sqft
$4,477/moest. monthly cost
$179,080/yrincome needed

About This Home

Welcome to your dream estate where modern design meets peaceful country living. Situated on 20 sprawling acres in Cheney, this contemporary two-story home offers over 5490 square feet of thoughtfully designed living space with endless possibilities for multi-generational living, rental income, or your own private retreat. Inside, you'll find five spacious bedrooms and six bathrooms with laundry conveniently located on both levels. The flexible floor plan features expansive living areas, high ceilings and an abundance of natural light. A Solarium style sunroom invites year-round enjoyment of the surrounding landscape. Perfect as a greenhouse, art studio or serene yoga in 2008 with quality and function in mind, this home includes 1000 square foot rec room above the shop, ideal for hobbies, entertainment or guest accommodations. Whether you're hosting family gatherings, working from home, or running a home-based business, this space is multi-functional. This is a must see!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

3/10
Salnave Elementary SchoolGrades PK-56.4 mi
4/10
Cheney Middle SchoolGrades 6-87.8 mi
6/10
Cheney High SchoolGrades 9-127.5 mi

Construction

Condition

  • Year built: 2008

Materials

  • Roof: Metal
  • Construction materials: Fiber Cement

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Free-Standing Range,Dishwasher,Refrigerator,Disposal,Washer,Dryer
  • Laundry features: In Basement

Basement

  • Level: Basement

Basement

  • Has basement: Yes
  • Basement: Full,Finished,Daylight,Rec/Family Area,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 6

Features

  • Cathedral Ceiling(s),In-Law Floorplan
  • Window features: Bay Window(s)
  • Flooring: Wood
  • Number of fireplaces: 2
  • Fireplace features: Wood Burning
  • Fireplace: Yes

First Floor

  • Level: First
  • Area: 1527

Heating

  • Heating features: Radiant Floor

Interior Area

  • Total structure area: 5,490
  • Total interior livable area: 5,490 sqft

Other

  • Level: Second
  • Area: 2583

Property

Details

  • Parcel number: 03262.9043

Features

  • Levels: Two
  • Stories: 2
  • Has view: Yes
  • View description: Territorial
  • Horses can be raised: Yes

Lot

  • Lot size: 20 Acres
  • Features: Views,Level,Secluded,Open Lot,Oversized Lot,Horses Allowed

Parking

  • Total spaces: 3
  • Parking features: Attached,RV Access/Parking,Workshop in Garage,Garage Door Opener,Off Site,Oversized
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Wildfire
    WildfireRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Wildfire
Heat Wave
Inland Flooding
Ice Storm
Strong Wind
Winter Weather

FEMA Declared Disasters in Spokane County and Washington

Fire
Flood
Mud Landslide
Other
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,539$42,468
Home Insurance *$230$2,760
Property Taxes $333$3,996
Electricity $375$4,506
Total$4,477$53,724
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$153,497/yr
40% on housing$134,310/yr
45% on housing$119,386/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.6%
11.6%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.2%
4.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$128This listing

vs Other Active Listings

Avg $/sqft

ZIP 99004$194
Spokane County$195

vs Homes Sold Last Month

Median $/sqft

ZIP 99004$225
Spokane County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-18Price change$699,995
2025-10-16Price change$724,995
2025-09-12Price change$739,900
2025-08-09Price change$759,900
2025-07-08Price change$768,500
2025-06-26Price change$765,000
2025-06-19Listed for sale$849,000
2024-08-23Listing removed$799,000
2024-08-15Price change$799,000
2024-07-21Price change$849,000
2024-06-27Price change$899,900
2024-06-07Listed for sale$950,000
2024-04-26Listing removed--
2024-02-22Listed for sale$1,100,000
2023-10-30Listing removed--
2023-10-26Listed for sale$1,250,000
2022-11-06Listing removed--
2022-10-22Listed for sale$925,000
2022-04-05Sold$690,000
2021-02-28Listing removed--
2020-11-04Listing removed$2,000
2020-10-29Listed for rent$2,000
2020-10-16Listing removed$650,000
2020-07-01Price change$650,000
2020-04-07Listed for sale$675,000
2008-01-31Sold$475,000
2003-07-30Sold$128,000

Pre-Foreclosure - For Sale by Agent

AgentMarcy Martin
BrokerageM. Martin & CO, LLC

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