721 Rd 20 NE, Soap Lake, WA, 98851
About This Home
Acreage like this rarely comes available. This 43.9-acre Soap Lake property features grandfathered irrigation water rights, expansive territorial views, and a level of infrastructure that’s increasingly hard to find. The 1,847 sqft home offers 3 bedrooms and 2 baths and is in very good condition, featuring a large kitchen, dedicated dining room, expansive living room, spacious bedrooms, and central AC/heat. Outside, you’ll find over 7,400 sq ft of detached shop space with 200-amp service, RV parking, and a 550 sq ft detached workshop—ideal for a home-based business or additional income potential.The property also includes a barn, a large stable, usable pasture, and a fenced riding arena, making it fully equipped for horses or livestock. A private well feeds the irrigation system, powered by solar, supporting the working pivot with added efficiency and lower long-term operating costs. The acreage is currently under a 5-year agricultural lease, providing immediate income while allowing flexibility for future plans (details available). Open, private, and just minutes from Soap Lake with easy access to Ephrata and Moses Lake, this property is a rare fit for equestrians, hobby farmers, contractors, or anyone seeking space, utility, and long-term potential. Multiple financing options available, including Cash, Conventional, FHA, VA, USDA, and Farm Home Loan.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Very Good
- Year built: 1955
Materials
- Roof: Metal
- Construction materials: Wood Products
Notable Dates
- Major remodel year: 1984
Type & Style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Refrigerator,Stove(s)/Range(s),Dishwasher(s),Refrigerator(s)
Basement
- Basement: None
Bathroom Three Quarter
- Level: Main
Bathroom Three Quarter
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- 3/4 bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Entry Hall
- Level: Main
Features
- Dining Room
- Fireplace features: Gas,Wood Burning
Heating
- Heating features: Forced Air,Electric
Interior Area
- Total structure area: 1,847
- Total interior livable area: 2,397 sqft
Living Room
- Level: Main
Master Bedroom
- Level: Main
Utility Room
- Level: Main
Property
Details
- Parcel number: 161958000
- Zoning description: Jurisdiction: County
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Dining Room
- Has view: Yes
- View description: Lake,Territorial
- Has water view: Yes
- Water view: Lake
- Topography of land: Equestrian,Level
- Residential vegetation: Pasture
Lot
- Lot size: 43.90 Acres
- Features: Open Lot,Secluded,Value In Land,Barn,Fenced-Partially,Irrigation,Outbuildings,RV Parking,Shop,Sprinkler System,Stable
Parking
- Total spaces: 20
- Parking features: Attached Carport,Driveway,Detached Garage,Off Street,RV Parking
- Has garage: Yes
- Covered spaces: 20
- Carport: 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
- Inland Flooding
- Wildfire
- Heat Wave
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Grant County and Washington
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,562 | $66,744 |
| Home Insurance * | $433 | $5,196 |
| Property Taxes | $690 | $8,280 |
| Electricity | $163 | $1,967 |
| Total | $6,848 | $82,176 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-06 | Listed for sale | $1,200,000 |
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