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727 S Basalt Rd, Spokane, WA, 99224

4beds
3baths
3,214sqft
$575,000
$179price/sqft
$3,743/moest. monthly cost
$149,720/yrincome needed

About This Home

Nestled in the Rimrock area near Palisades Park, this 3-acre estate offers a genuine blend of country freedom and city access within the Cheney School District. The 4-bedroom home is built for a practical, self-sufficient lifestyle, featuring a rare walk-in freezer, dedicated food storage, and a high-efficiency Trane heat pump. While the home offers comfortable updates like radiant-heated bathroom floors, it remains a functional canvas ready for your final touches. The acreage is a true producer, boasting a mature fruit orchard, rich-soil garden, and a massive barn with three horse stalls and four extra parking bays. Reliable infrastructure provides total peace of mind, including a productive 14.3 GPM well, a 900-gallon septic system, and a recent PFAS water test that passed with flying colors. Enjoy Mt. Spokane views and a 10-minute commute to downtown from a turnkey mini-farm that prioritizes utility, food security, and rural independence in a premier location.

Getting Around

6
WalkingCar-Dependent
32
TransitSome Transit
18
BikeSomewhat Bikeable

Schools

6/10
Windsor Elementary SchoolGrades PK-53.7 mi
7/10
Westwood Middle SchoolGrades 6-83.6 mi
6/10
Cheney High SchoolGrades 9-1211.3 mi

Construction

Condition

  • Year built: 1972

Materials

  • Roof: Composition
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

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

Basement

  • Level: Basement

Basement

  • Has basement: Yes
  • Basement: Full,Finished,Rec/Family Area,Workshop

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Features

  • Natural Woodwork
  • Number of fireplaces: 1
  • Fireplace features: Masonry,Wood Burning
  • Fireplace: Yes

First Floor

  • Level: First
  • Area: 1733

Heating & Cooling

  • Heating features: Electric,Forced Air,Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,214
  • Total interior livable area: 3,214 sqft

Property

Details

  • Parcel number: 25223.0503
  • Horse amenities: Barn

Features

  • Levels: One
  • Stories: 1
  • Fencing: Cross Fenced,Fenced
  • Has view: Yes
  • View description: City,Mountain(s)
  • Horses can be raised: Yes

Lot

  • Lot size: 3.16 Acres
  • Features: Views,Sprinkler - Automatic,Level,Horses Allowed

Parking

  • Total spaces: 4
  • Parking features: Attached,RV Access/Parking,Workshop in Garage
  • Attached garage spaces: 4
  • Covered spaces: 4

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

  • Wildfire
    WildfireRelatively High
  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Wildfire
Cold Wave
Ice Storm

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 $2,907$34,884
Home Insurance *$151$1,812
Property Taxes $466$5,592
Electricity $219$2,638
Total$3,743$44,916
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$128,331/yr
40% on housing$112,290/yr
45% on housing$99,813/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

$179This listing

vs Other Active Listings

Avg $/sqft

ZIP 99224$220
Spokane County$195

vs Homes Sold Last Month

Median $/sqft

ZIP 99224$243
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)

No zestimate history available

Price History

DateEventPrice
2026-04-24Listed for sale$600,000
2019-05-31Sold$385,000
2019-05-12Price change$389,000
2019-05-05Listed for sale$429,000
2013-07-09Sold$243,280
2013-03-13Price change$249,900
2013-01-08Price change$262,000
2012-06-30Listed for sale$279,900
2012-05-27Listing removed$279,900
2012-04-07Listed for sale$279,900
2006-04-18Sold$325,000

For Sale by Agent

AgentHaydn Halsted, REAL Broker LLC
BrokerageREAL Broker LLC

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