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Lot/land
  • $725,000

    NE Gray Ln, Pullman, WA 99163

    --beds
    --baths
    0.54Acres
    Land
    Built in ----
    0.54 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Coveted university-adjacent locationOverlooking historic reaney park
    MLS# 293047 Extraordinarily rare development opportunity in heart of Pullman. Offering includes THREE contiguous vacant land parcels being sold together as one premier investment opportunity directly adjoining entrance to Washington State University & overlooking historic Reaney Park. Opportunities to acquire nearly ½ acre of multifamily-zoned land in coveted university-adjacent location are exceptionally scarce & seldom come to market. Positioned on picturesque Gray Ln., property is surrounded by Pullman’s classic mature tree canopy streetscape & overlooks Reaney Park & Pool & iconic pedestrian entry trail leading directly into the WSU campus. Setting captures timeless collegiate character of Pullman, framed by WSU’s historic brick academic buildings & vibrant campus atmosphere.Historically, entrance near Reaney Park served as principal connection between City of Pullman & “college on the hill,” once anchored by prominent basalt stone arch. Reaney Park, Pullman’s oldest municipal park, dates back to early 1900s & once featured student-used livery stable in 1910, adding rich historical significance to remarkable location.Sale consists of 3 buildable lots totaling approx. 23,616 Sq Ft.(just over ½ acre):• Lot 1 – 8,166 SF• Lot 2 – 7,950 SF• Lot 3 – 7,500 SFAll 3 parcels: zoned Multi-Family Residential, presenting exceptional future development potential for student housing, income-producing rentals, townhomes, apartments, or thoughtfully designed tiered residential project. Upward-sloping terrain creates opportunity for elevated, staggered construction w/commanding park & campus-oriented views. Water & sewer utilities available in street & ready to be brought to each parcel.Located directly below fraternity & sorority housing & only blocks from Pullman’s revitalized downtown core, property sits at center of one of NW's most recognized college communities. WSU, home of Cougars, enrolls approx. 16,248 students on Pullman campus & brings year-round energy to area through nationally recognized athletics, football wknds , parent wknds, research programs.Annual taxes for all 3 parcels parcels, currently only $1,884.02. Tax ID:112300007010003112300007020003112300007030002Parcels sold together only & will not be separated, preserving full development footprint & maximizing building envelope potential of premier WSU-adjacent property. Premier university-edge development sites of this caliber, size, history, & location are truly once-in-a-generation opportunities.
    46 days
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    48
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    Zillow last checked:

    Listing updated:

    Listed by:

    Callie Younger 208-791-7676,

    Magenta & Co, LLC

    Source: PACMLS,MLS#: 293047MLS Logo

      Facts & features

      Property

      Lot
      • Size: 0.54 Acres
      • Features: Recorded Plat Map, See Remarks, Corner Lot, Curbs/Sidewalks
      Details
      • Zoning description: Multi - Family Re

      Utilities & green energy

      • Utilities for property: Electric in Street, Gas in Street, Water Available, Sewer Available

      Community & HOA

      Community
      • Subdivision: None/na
      Location
      • Region: Pullman

      Financial & listing details

      • Annual tax amount: $1,884
      • Date on market: 5/17/2026
      • Listing terms: Cash,Conventional
      • Inclusions: Land
      • Acres allowed for irrigation: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/17/2026Listed for sale$725,000
        Source: PACMLS #293047 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 99163

        Getting around

        81 / 100
        Very Walkable
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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