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$299,000
10 Days On Site

40 Cherry Street S
Soap Lake, WA 98851

For Sale|Single Family Residence|Active
4
Beds
3
Total Baths
2
Full Baths
1
Partial Bath
2,323
SqFt
$129
/SqFt
1994
Built
Cumulative Days On Market:
10
Subdivision:
Soap Lake
County:
Grant
Courtesy of NWMLS
Listing courtesy of Raymond Gravelle of Keller Williams Columbia Basin
Call Now: (408) 868-2620
Is this the listing for you? We can help make it yours.
(408) 868-2620
40 Cherry Street S40 Cherry Street S40 Cherry Street S40 Cherry Street S
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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!

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Listing Snapshot
Price 
$299,000
Days On Site 
10 Days
Bedrooms 
4
Inside Area (SqFt) 
2,323 sqft
Total Baths 
3
Full Baths 
2
Partial Baths 
1
Lot Size 
0.203 Acres
Year Built 
1994
MLS® Number 
2554379
Status 
Active
Property Tax 
$1,961
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoStatus changed to Active
a week agoListing first seen on site
General Features
Acres 
0.203
Attached Garage 
Yes
Direction Faces 
West
Garage 
Yes
Land Lease 
No
Levels 
One and One Half
Parking 
Attached
Parking Spaces 
10
Property Sub Type 
Single Family Residence
SqFt Total 
2323
Style 
Traditional
Utilities 
Sewer Connected
Water Source 
Public
Zoning 
R2
Interior Features
Appliances 
DishwasherDouble OvenRefrigeratorElectric Water HeaterWater Heater
Basement 
Finished
Cooling 
Ceiling Fan(s)Central Air
Flooring 
ConcreteVinylCarpet
Heating 
ElectricForced AirHeat Pump
Interior 
Walk-In Closet(s)Ceiling Fan(s)Vaulted Ceiling(s)
Main Level Bedrooms 
1
Bathroom Full 
Level - Second
Bathroom Half 
Level - Main
Bedroom 
Level - Lower
Bonus Room 
Level - Lower
Den 
Level - Lower
Dining Room 
Level - Main
Entry Hall 
Level - Main
Kitchen 
Level - Main
Living Room 
Level - Main
Master Bedroom 
Level - Second
Utility Room 
Level - Main
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Exterior Features
Construction Details 
Wood Siding
Lot Features 
LevelPaved
Roof 
Metal
View 
Territorial
Waterview 
Territorial
Windows/Doors 
French Doors
Community Features
Building Access 
Main
Financing Terms Available 
CashConventionalFHAUSDA LoanVA Loan
MLS Area 
291 - North Central Grant County
School District 
Soap Lake
Schools
School District
Soap Lake
Elementary School
Soap Lake Elem
Middle School
Soap Lake Mid & High
High School
Soap Lake Mid & High
Courtesy of NWMLS
Listing courtesy of Raymond Gravelle of Keller Williams Columbia Basin



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-07-26 09:20 PM PDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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