$1,100,000
Est. $5,655/mo3 bd•1.5 ba•1,847 sq ft
721 Rd 20 Ne, Soap Lake, WA 98851
• Listed 2026-05-06•31 days on market
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Bring ALL OFFERS! 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 very profitable 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, a new septic tank 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!
Open houses
No upcoming open houses scheduled for this property.
$1,078,000
-$22,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $550K and $785K.
Rental earnings
$3,225/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$650,000Last sold price
19627 Road A Ne, Soap Lake, WA 98851
$550,000Last sold price
19980 Division.2 Nw, 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.
Neighborhood mobility
$6,181 per month
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 29, 2026 at 04:58pm (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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Listed by Evan Brown • LPT Realty LLC
Listing updated: June 29, 2026 at 04:58pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2519056
Soap Lake is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: Sale-vs-list ratio data not available for this area.
Time on market: The average home goes pending in around 33 days.
$44,000 Sold
1 day ago
•Single Family
0 S Aster Street, Soap Lake, WA 98851
12%
Under list
—
Days on market
0.8 mi
Distance
$850,000 Sold
3 weeks ago
•Single Family
68 W State Highway 28, Soap Lake, WA 98851
12%
Under list
—
Days on market
0.8 mi
Distance
$850,000 Sold
3 weeks ago
•Single Family
68 W State Highway 28, Soap Lake, WA 98851
12%
Under list
—
Days on market
0.8 mi
Distance
$345,000 Sold
6 weeks ago
3 bd•2.5 ba•~1,485 sq ft•Single Family
129 Se 3rd Avenue, Soap Lake, WA 98851
1%
Under list
—
Days on market
0.6 mi
Distance
$195,000 Sold
8 weeks ago
3 bd•1 ba•~1,200 sq ft•Single Family
148 Nw Ephrata Avenue, Soap Lake, WA 98851
3%
Under list
—
Days on market
1.0 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 Jul 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.
