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7335 N Five Mile Rd, Spokane, WA, 99208

3beds
3baths
4,532sqft
$1,285,000
$284price/sqft
$8,155/moest. monthly cost
$326,200/yrincome needed

About This Home

Perched atop the coveted Five Mile Prairie, 7335 N Five Mile is a rare offering where privacy, scale, and sweeping southern views converge. Custom designed to capture the panorama, the home overlooks the Spokane skyline and rolling mountains beyond. Sunrises and city lights will become part of your everyday backdrop. A private, winding driveway sets the tone, creating a true sense of arrival on 4.3 acres that feel both secluded and full of possibility. The acreage offers a compelling blend of usable terrain and future flexibility. Ideal for those who value space, expansion potential, or simply the luxury of elbow room on the bluff. Inside, architectural intention meets opportunity. The raised living room with cathedral ceilings draws the eye upward and outward, framing the view while creating a dramatic yet welcoming gathering space. Natural light pours through expansive windows, enhancing the home's open, airy feel. The primary suite is thoughtfully positioned with a private deck to create an intimate retreat for morning coffee or quiet evenings above the city. The lower level presents a distinctive advantage for the discerning buyer. With drywall yet to be completed, the basement offers a valuable opportunity... Whether that means a home theater, wine cellar, fitness studio, guest quarters, or multi-generational living. Rather than paying for someone else's choices, you have the rare chance to curate the finish to match your lifestyle and standards. Five Mile is known for its estate-sized parcels, peaceful setting, and quick access to both north Spokane amenities and downtown. It's a location that balances privacy with convenience This is more than a home; it is a canvas in one of Spokane's most sought-after settings that is designed for those who recognize potential, value perspective, and appreciate the privilege of space and view.

Getting Around

20
WalkingCar-Dependent
31
TransitSome Transit
25
BikeSomewhat Bikeable

Schools

8/10
Skyline ElementaryGrades K-51.7 mi
7/10
Highland Middle SchoolGrades 6-81.6 mi
8/10
Mead Senior High SchoolGrades 9-123.6 mi

Construction

Condition

  • Year built: 1993

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Fiber Cement,Stone,Brick,Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater,Water Softener,Washer,Microwave,Dishwasher,Cooktop

Basement

  • Has basement: Yes
  • Basement: Daylight,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Main level bathrooms: 3
  • Main level bedrooms: 2

Features

  • Fireplace
  • Flooring: Tile,Vinyl,Carpet
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating

  • Heating features: Natural Gas,Fireplace(s),Wood,Forced Air

Interior Area

  • Total structure area: 4,532
  • Total interior livable area: 4,532 sqft

Property

Details

  • Parcel number: 26252.0098
  • Zoning: Res

Features

  • Exterior features: Rain Gutters,Water Feature,Lawn
  • Has spa: Yes
  • Spa features: Bath
  • Has view: Yes
  • View description: Mountain(s),Territorial,City,Neighborhood
  • Residential vegetation: Fruit Trees

Lot

  • Lot size: 4.30 Acres
  • Features: Sloped,Southern Exposure

Parking

  • Parking features: Garage - Attached
  • Has garage: Yes

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 WaveModerate
  • Ice Storm
    Ice StormModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Wildfire

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 $6,497$77,964
Home Insurance *$350$4,200
Property Taxes $999$11,988
Electricity $309$3,719
Total$8,155$97,860
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$279,600/yr
40% on housing$244,650/yr
45% on housing$217,466/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

$284This listing

vs Other Active Listings

Avg $/sqft

ZIP 99208$192
Spokane County$195

vs Homes Sold Last Month

Median $/sqft

ZIP 99208$194
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
2026-02-12Listed for sale$1,400,000

For Sale by Agent

AgentJillian Shaw
BrokerageTomlinson Sotheby's International Realty (Spokane)

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