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11511 Fairway Ridge Ln, Spokane, WA, 99223

5beds
4baths
4,400sqft
$2,495,000
$567price/sqft
$15,268/moest. monthly cost
$610,720/yrincome needed

About This Home

Experience elevated Northwest living with this stunning custom home opportunity by Paras Homes, overlooking the golf course and scenic Latah Creek. Showcasing flawless modern design, this home features soaring cathedral ceilings, striking exposed beams, and expansive windows that frame breathtaking views. The gourmet kitchen is a true showpiece-perfect for entertaining with high-end finishes, generous prep space, and seamless flow into the great room. Retreat to the luxurious primary suite where peaceful Latah Creek views create a private escape, complemented be a spa-inspired en-suite bath. Located in a gated, secure neighborhood, this property offers privacy, prestige, and tranquility. A rare 4+ car garage provides ample space for vehicles, toys, or a workshop. Build this thoughtfully designed home or collaborate with Paras Homes to create a custom plan tailored to your lifestyle. An exceptional opportunity to bring your dream home to life in a premium setting.

Getting Around

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
1
BikeSomewhat Bikeable

Schools

7/10
Freeman Elementary SchoolGrades PK-58.9 mi
4/10
Freeman Middle SchoolGrades 6-88.9 mi
8/10
Freeman High SchoolGrades 9-128.8 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Composition
  • Construction materials: Stone Veneer,Fiber Cement

Type & Style

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

Interior

Appliances

  • Appliances included: Range,Gas Range,Double Oven,Dishwasher,Refrigerator,Disposal,Microwave

Basement

  • Level: Basement

Basement

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

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4

Features

  • Cathedral Ceiling(s),Hard Surface Counters
  • Number of fireplaces: 1

First Floor

  • Level: First
  • Area: 2200

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,400
  • Total interior livable area: 4,400 sqft

Property

Details

  • Parcel number: 34285.3515

Features

  • Levels: One
  • Stories: 1
  • Has view: Yes
  • View description: Golf Course,Territorial,Water
  • Has water view: Yes
  • Water view: Water

Lot

  • Lot size: 1.38 Acres
  • Features: Views,Level,Open Lot,Rolling Slope,Oversized Lot,Surveyed

Parking

  • Total spaces: 4
  • Parking features: Attached,Workshop in Garage,Garage Door Opener,Off Site,Oversized
  • 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

  • Wildfire
    WildfireRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Wildfire
Cold Wave
Inland Flooding
Ice Storm

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 $12,616$151,392
Home Insurance *$731$8,772
Property Taxes $1,621$19,452
Electricity $300$3,611
Total$15,268$183,216
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$523,474/yr
40% on housing$458,040/yr
45% on housing$407,146/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

$567This listing

vs Other Active Listings

Avg $/sqft

ZIP 99223$238
Spokane County$194

vs Homes Sold Last Month

Median $/sqft

ZIP 99223$210
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
2026-05-06Listed for sale$2,495,000

New Construction

AgentShane Delaney
BrokerageColdwell Banker Tomlinson

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