40 Cherry Street S, Soap Lake, WA 98851
- $298,000
- 4
- BD
- 3
- BA
- 2,323
- SqFt
Listing courtesy of Keller Williams Columbia Basin.
- List Price
- $298,000
- Status
- ACTIVE
- MLS#
- 2554379
- Price Change
- ▼ $1,000 1785195044
- Days on Market
- 13
- Bedrooms
- 4
- Finished SqFt
- 2,323
- Area Total SqFt
- 2323
- Annual Tax Ammount
- 1961
- Lot Size (sq ft)
- 8,844
- Sewer
- Sewer Connected
Property Description
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!
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Additional Information
- Community
- Soap Lake
- Style
- 11 - 1 1/2 Story
- Basement
- Finished
- Year Built
- 1994
- Total Covered Parking
- 2
- View
- Territorial
- Roof
- Metal
- Tax Year
- 2026
- School District
- Soap Lake
- Elementary School
- Soap Lake Elem
- Middle School
- Soap Lake Mid & High
- High School
- Soap Lake Mid & High
- Potential Terms
- Cash, Conventional, FHA, USDA Loan, VA Loan
- 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
- Flooring
- Concrete, Vinyl, Carpet
- Driving Directions
- Heading north on Daisy/Hwy 17 into Soap Lake, turn left on 2nd Ave then right on Cherry.
- Appliance
- Dishwasher, Double Oven, Refrigerator, Stove(s)/Range(s)
- Appliances Included
- Dishwasher(s), Double Oven, Refrigerator(s), Stove(s)/Range(s)
- Water Heater Location
- Basement
- Water Heater Type
- Electric
- Energy Source
- Electric
Based on information submitted to the MLS GRID as of . 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, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.