40 Cherry Street S, Soap Lake, WA 98851

Courtesy of Keller Williams Columbia Basin

$274,000
4
BD
3
BA
2,323
SqFt

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List Price
$274,000
Status
ACTIVE
Days on Market
45
Price Change
▼ $5,000 1787598637
MLS#
2554379
Subtype
Residential
Style
11 - 1 1/2 Story
Year Built
1994
Bedrooms
4
Bathrooms
3
Living Area
2,323
Lot Size
8,844
Acres
0.20
Subdivision
Soap Lake
Neighborhood
Soap Lake
Building Name
Cottage City
MLS Area Major
North Central Grant County

Property 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!

Additional Information

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
Exterior Features
Wood Products
Property Description
11 - 1 1/2 Story
Flooring
Concrete, Vinyl, Carpet
Heating
Forced Air, Heat Pump
Air Conditioning
Central Air
Levels
One and One Half
Roof
Metal
Parking Features
Attached Garage
School District
Soap Lake
Elementary School
Soap Lake Elem
Middle School
Soap Lake Mid & High
High School
Soap Lake Mid & High
View
Territorial
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.
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