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4020 S Saltese Lake Rd, Greenacres, WA, 99016

5beds
3baths
4,320sqft
$1,199,000
$278price/sqft
$7,497/moest. monthly cost
$299,880/yrincome needed

About This Home

?? Luxury Private Estate on Acreage | Custom Daylight Rancher. Experience breathtaking views from this stunning custom daylight rancher situated on over 15 acres of private, secluded land, with multiple build locations. A rare opportunity for luxury living with space, privacy, and versatility. This beautifully crafted home features high-end finishes throughout, including natural maple wood flooring, elegant slate backsplash, and custom slate accents that elevate the entire space. The expansive master suite is a true retreat, complete with a spa-inspired tiled walk-in shower with dual shower heads. ? Property Highlights: • Over 15 acres of private, secluded land • Custom daylight rancher with panoramic views • Natural maple hardwood floors & slate finishes • Luxurious master suite with dual-head tiled shower • 40x50 garage (fits up to 6 cars) Enjoy the perfect blend of luxury, nature, and convenience.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
9
BikeSomewhat Bikeable

Schools

7/10
7/10
Greenacres Middle SchoolGrades 6-83.2 mi
8/10
Ridgeline High SchoolGrades 9-123.0 mi

Construction

Condition

  • Year built: 2006

Materials

  • Roof: Composition
  • Construction materials: Masonite

Type & Style

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

Interior

Appliances

  • Appliances included: Water Softener,Range,Free-Standing Range,Double Oven,Dishwasher,Refrigerator,Trash Compactor,Microwave,Washer,Dryer

Basement

  • Level: Basement

Basement

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

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3

Features

  • Hard Surface Counters
  • Flooring: Wood
  • Fireplace features: Propane,Pellet Stove
  • Fireplace: Yes

First Floor

  • Level: First
  • Area: 2140

Heating & Cooling

  • Heating features: Electric,Forced Air,Propane
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,320
  • Total interior livable area: 4,320 sqft

Property

Accessibility

  • Accessibility features: Door Width 32 Inches or More,Roll-In Shower

Details

  • Parcel number: 55325.9017

Features

  • Levels: Two
  • Stories: 2
  • Fencing: Fenced Yard
  • Has view: Yes
  • View description: Mountain(s),Territorial
  • Horses can be raised: Yes

Lot

  • Lot size: 15.04 Acres
  • Features: Views,Sprinkler - Automatic,Level,Secluded,Hillside,Irregular Lot,Surveyed,Horses Allowed,Garden

Parking

  • Total spaces: 4
  • Parking features: Attached,RV Access/Parking,Garage Door Opener
  • 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

  • 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 $6,062$72,744
Home Insurance *$264$3,168
Property Taxes $876$10,512
Electricity $295$3,545
Total$7,497$89,964
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$257,040/yr
40% on housing$224,910/yr
45% on housing$199,920/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

$278This listing

vs Other Active Listings

Avg $/sqft

ZIP 99016$234
Spokane County$195

vs Homes Sold Last Month

Median $/sqft

ZIP 99016$261
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
2026-04-24Listed for sale$1,300,000
2012-02-09Sold$425,000

For Sale by Agent

AgentNicole Larossi
BrokerageeXp Realty, LLC

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