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1101 Fairhaven Loop, Richland, WA, 99352

9beds
--baths
5,783sqft
$1,500,000
$259price/sqft
$9,342/moest. monthly cost
$373,680/yrincome needed

About This Home

Introducing 1101, 1105, and 1109 Fairhaven Loop, Richland! This stunning new construction triplex is located in the heart of South Richland, right next to Bethel Church—one of the most sought-after spots in town. Each unit showcases thoughtful design, high-end finishes, and true functionality. The two end units are spacious one-story homes with 3 bedrooms, 2 bathrooms, and 1,788 square feet of beautifully laid out living space. The center unit is a two-story floor plan with the primary suite on the main level and a massive upstairs family room—perfect for extra living space, a game room, or a home office setup. All units include a two-car garage and private entrances. Inside, you’ll find top-tier features throughout: luxury vinyl plank flooring, quartz countertops, soft-close cabinetry, full-height tile backsplash, and stainless steel appliances. The exterior boasts sleek modern architecture, solar panels on each unit, and durable stucco that ties the whole property together with undeniable curb appeal. Each home is fully landscaped front and back with no-maintenance artificial grass, so you can enjoy a beautiful yard year-round without the upkeep. What really sets this one apart? There are no CC&Rs or HOA, giving you full flexibility—and each unit has been zero lot line platted, meaning you have the future option to sell them individually. Whether you’re looking for a long-term investment, short term rentals, multi-generational living, or owner occupying one of the homes, this property checks all the boxes.

Getting Around

17
WalkingCar-Dependent
26
TransitSome Transit
46
BikeSomewhat Bikeable

Schools

8/10
Orchard ElementaryGrades PK-50.8 mi
7/10
7/10
Richland High SchoolGrades 9-122.6 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2025

Materials

  • Foundation: Concrete Slab
  • Roof: Composition Shingle
  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Microwave,Oven/Built In,Built In(s),Oven

Bedrooms & Bathrooms

  • Bedrooms: 9

Features

  • Vaulted Ceiling(s),Storage,Room-Bonus,Room-Den,Room-Family,Room-Master Main Level,Walk-In Closet(s),Ceiling Fan(s),Master Suite,Vaulted Ceilings,Kitchen Island
  • Door features: French Doors
  • Window features: Triple Pane Windows
  • Flooring: Vinyl

Heating & Cooling

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

Interior Area

  • Total structure area: 5,783
  • Total interior livable area: 5,783 sqft

Property

Details

  • Zoning description: Residential

Features

  • Exterior features: Lighting,Corner Lot
  • Fencing: Fenced

Lot

  • Features: Loc in City Limits,Solar

Parking

  • Total spaces: 2
  • Parking features: Garage,Garage Door Opener,Garage-2 Car
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Heat Wave
Inland Flooding
Ice Storm
Wildfire

FEMA Declared Disasters in Benton County and Washington

Fire
Flood
Mud Landslide
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 $7,584$91,008
Home Insurance *$413$4,956
Property Taxes $950$11,400
Electricity $395$4,746
Total$9,342$112,104
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$320,297/yr
40% on housing$280,260/yr
45% on housing$249,120/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: 14.6%
14.6%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 5.4%
5.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$259This listing

vs Other Active Listings

Avg $/sqft

ZIP 99352$217
Benton County$205

vs Homes Sold Last Month

Median $/sqft

ZIP 99352$265
Benton County$248

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
2025-10-10Listed for sale$1,500,000

New Construction

AgentMadden Markel
BrokerageSL Nuxall Real Estate Services

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