$1,100,000
Est. $5,551/mo3 bd•1,847 sq ft
721 Rd 20 Ne, Soap Lake, WA 98851
• Listed 2026-05-06•16 days on market
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Based on information submitted to the MLS GRID as of May 23, 2026 at 12:42pm (date and time MLS GRID Data was obtained). 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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43.9-acre irrigated property in Soap Lake with grandfathered water rights allowing up to 300 GPM and 120 AFY from a private well, servicing approximately 28 irrigated acres through two functioning center pivot systems consisting of a 400-foot pivot and a 650-foot pivot. The farmland is currently operating under a 5-year agricultural lease, providing immediate income potential while leaving substantial additional infrastructure available for agricultural, or equestrian use. Property improvements include ~7,400 sqft of combined shop space with 200-amp service, a 550 sqft detached workshop/ADU, irrigated pasture, tall hay barn, stables, fenced riding arena, and a large solar array supporting improved operational efficiency. The 1,847 sq ft stick-built home offers 3 bedrooms, 2 bathrooms, oversized living spaces, dining room, central HVAC, and sweeping territorial and lake views. Conveniently located near Highway 28 with easy access to Ephrata and Moses Lake. Additional features include a spacious kitchen, private setting, and flexibility for livestock, hay production, equipment storage, or future expansion. Rare combination of water capacity, infrastructure, income potential, and usable acreage in the Columbia Basin. Book your tour today!
Listed by Evan Brown • LPT Realty LLC
Listing updated: May 23, 2026 at 12:42pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2519056
Open houses
No upcoming open houses scheduled for this property.
$395,000
-$705,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $295K and $650K.
Rental earnings
$1,175/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$320,000Last sold price
524 2nd Avenue Se, Soap Lake, WA 98851
$650,000Last sold price
19627 Road A Ne, Soap Lake, WA 98851
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
721 Rd 20 Ne, Soap Lake, WA 98851
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
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Soap Lake is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells for about 3% below list price.
Time on market: The average home goes pending in around 21 days.
$195,000 Sold
3 days ago
3 bd•1 ba
148 Nw Ephrata Avenue, Soap Lake, WA 98851
3%
Under list
—
Days on market
1.0 mi
Distance
$450,000 Sold
3 days ago
3 bd•2 ba•~1,512 sq ft•Single Family
19373 Division Road Nw, Soap Lake, WA 98851
0%
Over list
—
Days on market
0.7 mi
Distance
$336,000 Sold
2 weeks ago
2 bd•2 ba•~2,162 sq ft•Single Family
85 7th Avenue Sw, Soap Lake, WA 98851
1%
Under list
—
Days on market
0.6 mi
Distance
$650,000 Sold
3 weeks ago
3 bd•2.5 ba•~1,913 sq ft•Single Family
19627 Road A Ne, Soap Lake, WA 98851
3%
Under list
—
Days on market
0.5 mi
Distance
$170,000 Sold
4 weeks ago
2 bd•1 ba•~924 sq ft•Single Family
711 S Canna Street, Soap Lake, WA 98851
3%
Under list
—
Days on market
0.4 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Soap Lake School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
