40-xxx N Madison Rd

$339,000
Price
1,722,798 / 39.55
Lot Size / Acres

Description

40 Acres with Views & Building Potential! Discover privacy and opportunity on this 40-acre parcel with ag tax benefits. Cross-fenced for animals or agriculture, the land offers a mix of trees, open space, and sweeping views of Mt. Spokane. Enjoy county road access, nearby power, and an area known for great wells. Perfect for your dream home, hobby farm, or future rural cluster development with potential for up to 4 residences. Build now or invest for tomorrow—this property has it all!40 Acres with Views & Building Potential! Discover privacy and opportunity on this 40-acre parcel with ag tax benefits. Cross-fenced for animals or agriculture, the land offers a mix of trees, open space, and sweeping views of Mt. Spokane. Enjoy county road access, nearby power, and an area known for great wells. Perfect for your dream home, hobby farm, or future rural cluster development with potential for up to 4 residences. Build now or invest for tomorrow—this property has it all!
  1. Listed by Mindy Jo Lyons • American R.E. Associates, Inc

Property Details for 40-xxx North Madison Road

Zoning
R
LISTING UPDATED: 10/02/2025 12:25 AM

Property Details for 40-xxx North Madison Road

StatusActive
MLS #202524588
Days on Market91
Taxes$99 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size39.55 AC
CountySpokane County

Location

Listing Courtesy of American R.E. Associates, Inc
Add your commute

Building Information for 40-xxx North Madison Road

Lot Size39.55 AC

Payment Calculator

$1,683 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,675

Property Taxes

$8

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 40-xxx North Madison Road

Summary
Location and General Information
  • County Or Parish: Spokane
  • Longitude: -117.24
  • Directions: Head north on US-2 E/N Newport Hwy toward Newport, Turn right onto N Elk Chattaroy Rd, take a right onto E Nelson rd and then take a left onto N Madison Rd to your destination on the right. There is a real estate sign.
  • Township: 29
  • Class: Lots & Land
  • Latitude: 48.03
Taxes and HOA
  • Tax Annual Amount: $99.33
  • Additional Parcels: No
  • Parcel Number: 49102.9061
School Information
  • Middle Or Junior School: Riverside
Property
Lot Information
  • Lot Features: Views, Cross Fncd, Treed, Level, Secluded, Open Lot, Oversized Lot, Horses Allowed
  • Lot Size Acres: 39.55
  • Lot Size Square Feet: 1722798.0
Property and Assessments
  • FIPS: 53063
  • First Photo Additional Detail: 2025-09-25T21:49:52.5
Utilities
  • Utilities: None
  • Water Source: None
  • Sewer: None
Interior and Exterior Features
Exterior Features
  • Area: A542/120
  • Road Frontage Type: City Street, Gravel
  • View: Mountain(s), Territorial

Property History for 40-xxx North Madison Road

DateEvent & SourcePriceAppreciation
Sep 25, 2025

Listed (Active)

SPOKANEMLS #202524588

$339,000
Sep 23, 2025

Expired

SPOKANEMLS #202515457

$339,000
Apr 22, 2025

Withdrawn

SPOKANEMLS #202515126

Apr 22, 2025

Listed (Active)

SPOKANEMLS #202515457

$339,000
Apr 16, 2025

Listed (Active)

SPOKANEMLS #202515126

$339,000
DateEvent & SourcePrice
09/25/2025

Listed (Active)

SPOKANEMLS #202524588

$339,000
09/23/2025

Expired

SPOKANEMLS #202515457

$339,000
04/22/2025

Withdrawn

SPOKANEMLS #202515126

04/22/2025

Listed (Active)

SPOKANEMLS #202515457

$339,000
04/16/2025

Listed (Active)

SPOKANEMLS #202515126

$339,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 40-xxx North Madison Road

This home is within Riverside School District.
Rating
School
Type
Grades
Distance
Public - K to 12
Public - 9 to 12
Public - PK to 5
Public - 6 to 8
Rating
School
Distance
Independent Scholar
PublicK to 12

Riverside High School
Public9 to 12

Riverside Elementary School
PublicPK to 5

Riverside Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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40-xxx North Madison Road is a 39.55 ac of land for sale in Elk, WA 99009. This property was listed for sale on September 25, 2025 by American R.E. Associates, Inc, it's currently listed at $339,000. This listing's school district is Riverside School District. Nearby schools include Independent Scholar, Riverside High School and Riverside Elementary School. 40-xxx North Madison Road is a 0-bed, 0-bath, 39.55 ac of land on a 1,722,798 sq. ft. / 39.55 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of American R.E. Associates, Inc

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/25/2025 06:59 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.