Hurry to view one of the finest homes in the highly sought after gated Shelley Lake community situated in the Spokane Valley. This stunning waterfront home has jaw dropping views of the water, mountains, and trees that you will never get tired of. Not only does the home back to the private lake but it also abuts the lakefront paved pathway. The home was built by a local family who owned a flooring and countertop business and is loaded with every upgrade you could imagine; from radiant floor heat throughout the home plus central air conditioning, custom stone counters and flooring, kitchenette/wet bar downstairs, walk out basement, hot tub, concrete deck overlooking the water, and lots of recent updating. The oversized garage, gated & secure community plus easy access to shopping, schools, medical, and the freeway make this a waterfront dream home come true loaded with all the luxuries you’d hope to find in a custom home.
Closed
$880,000
515 S Shelley Lake Ln, Veradale, WA 99037
4beds
3baths
3,846sqft
Single Family Residence
Built in 2000
9,147 Square Feet Lot
$865,600 Zestimate®
$229/sqft
$2,911 Estimated rent
Home value
$865,600
$805,000 - $935,000
$2,911/mo
Zestimate® history
Owner options
List your home for rent
$2,911/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,911/mo
Rent Zestimate®
Refinance and save
$5,396/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$5,396/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Waterfront homeWalk out basementRadiant floor heatLoaded with every upgradeHot tubCentral air conditioning
Zillow last checked:
Listing updated:
Listed by:
Joel Elgee 509-868-5264,
Avalon 24 Real Estate
Source: SMLS as distributed by MLS GRID,MLS#: 202522668
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Basement
- Level: Basement
First floor
- Level: First
- Area: 1923 Square Feet
Heating
- Natural Gas, Electric, Forced Air, Heat Pump, Hot Water, Radiant Floor, Humidity Control, See Remarks, Zoned
Cooling
- Central Air, Other
Appliances
- Included: Gas Range, Double Oven, Dishwasher, Refrigerator, Disposal, Microwave
Features
- Hard Surface Counters
- Windows: Windows Vinyl
- Basement: Full,Finished,Daylight,Rec/Family Area
- Number of fireplaces: 2
- Fireplace features: Gas
Interior area
- Total structure area: 3,846
- Total interior livable area: 3,846 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached, Garage Door Opener, Oversized
- Garage spaces: 3
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Mountain(s), Territorial, Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Lake Front, Own Assoc, See Remarks
Lot
- Size: 9,147 Square Feet
- Features: Views, Sprinkler - Automatic, Open Lot
Details
- Parcel number: 45242.1206
- Other equipment: Air Purifier
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Stone Veneer, Vinyl Siding, See Remarks
- Roof: Composition
Condition
- New construction: No
- Year built: 2000
Community & HOA
Community
- Subdivision: Shelley Lake
HOA
- Has HOA: Yes
Location
- Region: Veradale
Financial & listing details
- Price per square foot: $229/sqft
- Annual tax amount: $7,628
- Date on market: 8/20/2025
- Listing terms: VA Loan,Conventional,Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2025 | Sold | $880,000-1.7%$229/sqft |
Source:  SMLS as distributed by MLS GRID #202522668 Report a problem | ||
| 9/8/2025 | Pending sale | $895,000$233/sqft |
Source: SMLS as distributed by MLS GRID #202522668 Report a problem | ||
| 8/20/2025 | Listed for sale | $895,000+98.9%$233/sqft |
Source: SMLS as distributed by MLS GRID #202522668 Report a problem | ||
| 2/2/2017 | Sold | $450,000$117/sqft |
Source: SMLS as distributed by MLS GRID #201628288 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 99037
Nearby homes
- $880,0005 bd3 ba3.8k sqft515 S Shelley Ln, Veradale, WA 99037Sold
- $---- bd-- ba-- sqft521 S Shelley Lake Ln, Veradale, WA 99037Off Market
- $694,4005 bd3 ba1.8k sqft521 S Shelley Ln, Veradale, WA 99037Off Market
- $681,8004 bd3 ba2.8k sqft509 S Shelley Ln, Veradale, WA 99037Off Market
- $299,0007,700 Square Feet527 S Shelley Lake Ln, Veradale, WA 99037Lot/Land
- $190,000-- bd-- ba-- sqft527 S Shelley Ln, Veradale, WA 99037Off Market
- $658,7004 bd4 ba3.1k sqft510 S Shelley Ln, Veradale, WA 99037Off Market
- $---- bd-- ba-- sqft510 S Shelley Lake Ln, Veradale, WA 99037Off Market
Nearby schools
GreatSchools rating
- 7/10Greenacres Elementary SchoolGrades: K-5Distance: 1.1 mi
- 8/10Evergreen Middle SchoolGrades: 6-8Distance: 1.3 mi
- 8/10Central Valley High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Adams
- Middle: Evergreen
- High: Central Valley
- District: Central Valley
Source: SMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$865,600
2% more
+$17,312
With Zillow Showcase(estimated)
$882,912
- Washington
- Spokane County
- Spokane Valley
- 99037
- 515 S Shelley Lake Ln
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Spokane Valley Topics
