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$299,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,323 Sq. Ft.
  • Updated 1 day ago

Listed by Raymond Gravelle | Keller Williams Columbia Basin | (509) 458-4000

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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!

Full Property Details for 40 Cherry St S

General

  • Price: $299,000
  • Taxes: $1,961 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2554379
  • Updated: 7/18/2026
  • Added to Site: 4 day(s) ago

Interior

  • 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
  • Appliances: Dishwasher(s), Double Oven, Refrigerator(s), Stove(s)/Range(s)
  • Flooring: Concrete, Vinyl, Carpet

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper - Full Baths: 1
  • Main Floor Baths: 2
  • Main - 1/2 Baths: 1

Bedrooms

  • Total Bedrooms: 4
  • Bedrooms Upper: 1
  • Bedrooms Lower: 2
  • Bedrooms Main: 1

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Covered Spaces: 2
  • Uncovered Spaces: 8
  • Parking Features: Attached Garage

Location

  • Area: 291 - North Central Grant County
  • County: Grant
  • Subdivision: Soap Lake
  • Building Name: Cottage City
  • Driving Directions: Heading north on Daisy/Hwy 17 into Soap Lake, turn left on 2nd Ave then right on Cherry.
  • Direction Faces: West

School Information

  • High School District: Soap Lake
  • Elementary School: Soap Lake Elem
  • Middle School: Soap Lake Mid & High
  • High School: Soap Lake Mid & High

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air, Heat Pump
  • Water Heater: Electric

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Architectural Style: Traditional
  • Structure Type: House
  • Exterior Const.: Wood Products
  • Basement Desc.: Finished
  • Foundation: Poured Concrete
  • Roof: Metal
  • Entry Location: Main
  • Square Feet: 2,323
  • Finished Total: 2,323 Sq. Ft.
  • Year Built: 1994
  • Property Condition: Average

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.203
  • Lot Size (Sq. Ft.): 8,844
  • Lot Size Source: County Records
  • Lot Dimensions: 102 x 87
  • Topography: Level
  • Lot Features: Alley, Paved

Financial Considerations

  • Tax Amount: $1,961
  • Tax Year: 2026
  • Terms: Cash, Conventional, FHA, USDA Loan, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Double Oven, Refrigerator(s), Stove(s)/Range(s)
  • Property ID: 80207001
  • Block: 3
  • Lot Number: Lot 17 & South 40 feet of Lot 18

Listed by Raymond Gravelle | Keller Williams Columbia Basin | (509) 458-4000

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Schools serving 40 Cherry St S

School District:Soap Lake School District
NameGradesDistance
Soap Lake Elementary School
410 Ginkgo Street South, Soap Lake, WA 98851
PK-50.4 mi
Soap Lake Middle & High School
527 2nd Avenue Southwest, Soap Lake, WA 98851
6-120.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 40 Cherry St S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/17/2026
Listed
$299,000
116.67%
MLS
11/29/2023
Sold
$138,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 40 Cherry St S

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,886
—
$201,420
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Raymond Gravelle | Keller Williams Columbia Basin | (509) 458-4000

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40 Cherry Street S, Soap Lake, WA 98851 (MLS# 2554379) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 40 Cherry Street S is currently listed for $299,000 and was received on July 17, 2026. Want to learn more about 40 Cherry Street S? Do you have questions about finding other Single Family real estate for sale in Soap Lake? You can browse all Soap Lake real estate or contact a Coldwell Banker agent to request more information.

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