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    13616 Mt Spokane Park Dr Mead, WA 99021

    Sponsored
    For Sale
    $4,200,000

    Luxury Estate or Development Opportunity in Spokane County

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 395-acre property, known as the Riddle Ranch, presents a unique investment opportunity in Spokane County, Washington. Located just 15 minutes from Interstate 90 and the Spokane Valley, this expansive land offers unparalleled privacy and potential. The ranch comprises five large parcels, ideal for a variety of uses. Two existing residences provide immediate occupancy options, complemented by multiple shops, barns, and sheds. Deadman's Creek flows through the property, adding to its natural beauty. Situated on the northeast end of Peone Prairie and adjacent to the Green Bluff agricultural region, the ranch boasts a diverse landscape of timbered rolling hills and lush meadows. The permitted zoning is RCV, offering flexibility for development. The property is being offered as a fee simple ownership and is suitable for a 1031 exchange. This remarkable estate is perfect for creating a private legacy or developing high-end residential properties, capitalizing on its stunning location and abundant acreage. The asking price is $4,200,000. This is a rare opportunity to acquire a significant landholding in a highly desirable area of Washington State. The property's size, existing structures, and prime location make it an exceptional investment for discerning buyers seeking a unique and valuable asset.

    Property Features for 13616 Mt Spokane Park Dr

    General Information

    Property type
    Agricultural land
    Lot Size
    17,206,200 SF

    HighLights

    • $4,200,000 asking price.
    • 395‑acre land parcel in Mead, WA.
    • Fee simple ownership.
    • RCV zoning.
    • Suitable for luxury estate or high‑end development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mead
    County
    Spokane
    State
    Washington
    Longitude
    -117.220707
    Latitude
    47.8013326

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Agricultural land - Luxury Estate or Development Opportunity in Spokane County
    Where is this agricultural land located?
    The property is located at 13616 Mt Spokane Park Dr Mead, WA.
    What is the asking price?
    The asking price for this property is $4,200,000.
    What are key features of this property?
    This property features: $4,200,000 asking price.; 395-acre land parcel in Mead, WA.; Fee simple ownership.
    Request Owner's contact information
    13616 Mt Spokane Park Dr Mead, WA 99021
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    13616 Mt Spokane Park Dr Mead, WA 99021
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