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16771 S Sherman Rd, Cheney, WA, 99004

4beds
3baths
1,953sqft
$899,900
$461price/sqft
$5,532/moest. monthly cost
$221,280/yrincome needed

About This Home

This custom contemporary home with striking modern architecture and high-end finishes, features radiant heated floors on the first floor, with individual climate control and beautiful engineered hardwood throughout the home. Large black Coeur d'Alene windows fill the space with natural light, and nine-foot ceilings create a bright, open feel. Enjoy a cozy wood-burning fireplace with a full home theater system. All bathrooms include modern bidet toilets, and heated floors. Garage roof features commercial-grade metal roofing with a 35-year warranty. The 10 acre property includes a clean, high-producing well (18-20 GPM). The 415 sq. ft. spa house offers heated tile floors, steam room, wood sauna, shower, bathroom, kitchenette, Himalayan stone wall, Jacuzzi access, and a cold plunge with chiller. Outdoor area features a finished concrete patio, as well as a lush lawn with a smart sprinkler system. A perfect blend of comfort, design and wellness.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

7/10
Liberty High SchoolGrades 9-1210.3 mi

Construction

Condition

  • Year built: 2023

Materials

  • Roof: Composition,Metal
  • Construction materials: Masonite,Steel Frame,Cedar

Type & Style

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

Interior

Appliances

  • Appliances included: Range,Dishwasher,Refrigerator,Washer,Dryer

Basement

  • Basement: Slab

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Features

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

First Floor

  • Level: First
  • Area: 1281

Heating & Cooling

  • Heating features: Electric,Radiant Floor
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,953
  • Total interior livable area: 1,953 sqft

Other

  • Level: Second
  • Area: 672

Property

Details

  • Parcel number: 23122.9102

Features

  • Levels: One and One Half
  • Stories: 2
  • Has view: Yes
  • View description: Territorial
  • Horses can be raised: Yes

Lot

  • Lot size: 10 Acres
  • Features: Views,Sprinkler - Partial,Secluded,Near Public Transit,Oversized Lot,Horses Allowed,Garden

Parking

  • Total spaces: 3
  • Parking features: Attached,Open,RV Access/Parking,Workshop in Garage,Garage Door Opener,Off Site,Oversized,Electric Vehicle Charging Station(s)
  • 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 $4,550$54,600
Home Insurance *$296$3,552
Property Taxes $537$6,444
Electricity $149$1,793
Total$5,532$66,384
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$189,668/yr
40% on housing$165,960/yr
45% on housing$147,520/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

$461This listing

vs Other Active Listings

Avg $/sqft

ZIP 99004$189
Spokane County$194

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
2026-04-20Listed for sale$950,000
2026-04-06Listing removed$950,000
2026-03-01Listed for sale$950,000
2026-02-28Listing removed$950,000
2025-12-04Listed for sale$950,000
2025-12-03Listing removed$990,000
2025-10-31Price change$990,000
2025-10-09Listed for sale$1,090,000
2021-09-15Sold$135,000

For Sale by Agent

AgentSvetlana Koren
BrokerageKelly Right Real Estate of Spokane

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