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5114 N Del Rey Dr, Otis Orchards, WA, 99027

5beds
3baths
2,900sqft
$680,000
$234price/sqft
$4,278/moest. monthly cost
$171,120/yrincome needed

About This Home

Exceptional opportunity to acquire a stunning new residence in the highly coveted Highland Estates boasting 5 bedrooms, 3 baths, 2,900 sq/ft of living space, and the versatility of a walkout basement! Inside welcomes an expansive & bright vaulted great room, and the entry makes a statement with bold floor tile seen throughout. Entertain in the living area bathed in natural light, with windows adorned with granite sills. The well-appointed kitchen offers extensive cabinetry, pantry, island with sink, and striking surfaces for a remarkable culinary experience. Expansive back deck with views, an ideal setting for gatherings. Unwind in the generous master suite featuring a walk-in closet and a beautiful bath complete with a granite vanity and a tiled tub/shower. Main level includes a guest bedroom & full bath, while the lower level presents a sizable living area connecting back patio, accompanied by three guest bedrooms, a full bath, and a large utility/storage room ensuring ample space and functionality.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
4
BikeSomewhat Bikeable

Schools

6/10
5/10

Construction

Condition

  • New construction: Yes
  • Year built: 2023

Materials

  • Roof: Composition
  • Construction materials: Stone Veneer,Siding,Shake Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Free-Standing Range,Dishwasher,Refrigerator,Disposal,Microwave

Basement

  • Level: Basement

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3

Features

  • Cathedral Ceiling(s),Hard Surface Counters
  • Window features: Windows Vinyl

First Floor

  • Level: First
  • Area: 1456

Heating & Cooling

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

Interior Area

  • Total structure area: 2,900
  • Total interior livable area: 2,900 sqft

Property

Details

  • Parcel number: 56314.1515

Features

  • Levels: Two
  • Stories: 2
  • Has view: Yes
  • View description: City,Mountain(s)

Lot

  • Lot size: 0.25 Acres
  • Features: Views,Hillside

Parking

  • Total spaces: 2
  • Parking features: Attached,RV Access/Parking,Workshop in Garage
  • 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

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Ice Storm
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 $3,438$41,256
Home Insurance *$181$2,172
Property Taxes $461$5,532
Electricity $198$2,380
Total$4,278$51,336
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$146,674/yr
40% on housing$128,340/yr
45% on housing$114,080/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

$234This listing

vs Other Active Listings

Avg $/sqft

ZIP 99027$184
Spokane County$195

vs Homes Sold Last Month

Median $/sqft

ZIP 99027$243
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
2026-04-06Price change$680,000
2026-04-01Listed for sale$705,900
2026-04-01Listing removed$705,900
2026-02-01Listed for sale$705,900
2026-02-01Listing removed$705,900
2026-01-27Price change$705,900
2025-12-01Listed for sale$719,900
2025-12-01Listing removed$719,900
2025-10-10Price change$719,900
2025-10-01Listed for sale$745,000
2025-10-01Listing removed$745,000
2025-08-26Price change$745,000
2025-07-01Listed for sale$795,000
2025-07-01Listing removed$795,000
2025-05-10Price change$795,000
2025-05-01Listed for sale$829,000
2025-05-01Listing removed$829,000
2025-03-14Price change$829,000
2025-03-01Listed for sale$879,000
2025-03-01Listing removed$879,000
2025-01-01Listed for sale$879,000
2024-12-24Listing removed$879,000
2024-11-01Listed for sale$879,000
2024-10-09Listing removed$879,000
2024-09-01Listed for sale$879,000
2020-08-17Sold$75,000
2017-02-06Sold$43,500

New Construction

AgentJared Urbick
BrokerageKelly Right Real Estate of Spokane

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