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Price Drop: $5K (09/16)
No HOA
Street View
Listed by: Raymond Gravelle (509) 771-0027 | Keller Williams Columbia Basin (509) 458-4000
$274,000
Monthly Est:$1,364
4 Beds
3 Baths2 full baths + 1 half bath
2,323sqft
40 Cherry St S, Soap Lake, WA 98851
$274,000
$1,364/moEst:
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Single Family Residence
Built in 1994
$-- HOA
8,844 sqft lot
$118/sq.ft
Description
MOTIVATED SELLER. Unrivaled Investment Opportunity near the legendary Soap Lake! Famous worldwide for its mineral-rich, healing waters and rejuvenating muds, Soap Lake draws visitors seeking wellness and relaxation year-round—making this property to be potential goldmine for short-term rentals, Airbnbs, or multi-family leasing. Zoned R2 for multiple dwellings, this 8,999 sq ft property is ready to maximize your ROI. The main home boasts a spacious living room with a wall of windows & cathedral ceilings, brand-new carpet, alongside a chef’s kitchen with double wall ovens, abundant cabinet space. Retreat to the primary suite, complete with a private balcony, walk-in closet, and a jetted bathtub. The basement adds value with newly installed egress windows for the 2 bedrooms + flexible bonus spaces, larger 2-car garage with built-in workbenches.The Expansion Potential: • An existing 864 sq ft building shell is already plumbed and framed, ready to be converted into an income-generating unit. • Room to build 1 to 2 additional units on the lot. • Peace of mind with a brand-new water line from the street to the house.Located just moments from local schools and the therapeutic beaches of Soap Lake, this property perfectly blends high-yield investment potential with the draw of a historic wellness destination. Schedule your tour today and cash in on the magic of Soap Lake!
- Houzeo last checked: 12 hours ago
- Listing updated: September 25, 2026 at 2:32 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2554379
Property Details
Status
Pending
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1994
HOA Fees
-
Finished Area
2,323 sqft
Lot Size
8,844 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2554379
MLS Status
Pending
Days on Market
78
Cumulative Days on Market
62
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 3
Bonus Room
Level: Lower
Den/Office
Level: Lower
Dining Room
Level: Main
Entry Hall
Level: Main
Kitchen With Eating Space
Level: Main
Living Room
Level: Main
Primary Bedroom
Level: Second
Utility Room
Level: Main
Bathroom Full
Level: Second
Bathroom Full
Level: Main
Bathroom Half
Level: Main
Bedroom
Level: Lower
Bedroom
Level: Lower
Bedroom
Level: Main
Interior
Flooring
Concrete, Vinyl, Carpet
Appliances
Dishwasher, Double Oven, Refrigerator, Stove(s)/range(s)
Exterior Features
Wood Products
Sewer
Sewer Connected
Interior Features
Bath Off Primary, Ceiling Fan(s), Dbl Pane/storm Window, Dining Room, French Doors, Vaulted Ceiling(s), Walk In Closet(s), Water Heater
Heating
Forced Air, Heat Pump
Cooling
Central Air
Construction
Year Built
Year Built: 1994
Home type
Single Family Residence
Architectural Style
Traditional
Roof
Metal
Property Condition
Average
Foundation Details
Poured Concrete
Construction Materials
Wood
Utilities & Energy
Parking Features
Attached Garage
Basement
Finished
Water Source
Public
Other Features
Lot Features
Alley, Paved
Subdivision Name
Soap Lake
Price History
| Date | Event | Price |
|---|---|---|
09/02/2026 Source: | Pending | $274,000 -4.86% $118/sqft |
08/03/2026 Source: | Price Decreased | $288,000 -3.36% $124/sqft |
07/27/2026 Source: | Price Increased | $298,000 +6.81% $128/sqft |
07/18/2026 Source: | Price Decreased | $279,000 -6.69% $120/sqft |
07/18/2026 Source: | Price Increased | $299,000 +9.12% $129/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 02, 2026, 09:01AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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