$8,950,000
Spokane Valley, WA 99216
MLS# 23-8436
8 beds | 7.5 baths | 16144 sqft
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Property Description
One of the only true mansions in the Inland Northwest. Introducing the Monaco Estate. Never before offered for sale. This home & property are an heirloom waiting to become part of your family legacy. An estate like this in almost any other area would be 3-4 times the price. Featuring 168 acres, a 12,000 sq ft shop, and a once in-a-lifetime home built with every luxury, yet engineered to withstand the most extreme conditions or natural disasters. The home includes a full guest home with a separate entrance, garage, and elevator. The main home has been painstakingly constructed by some of the finest craftsmen in the area, with every detail methodically planned, including a world-class theater ready for your own theme, an indoor basketball court, a resort-style spa room, a 4,000 sq ft tiled & heated garage, an elevator, 700 sq ft craft/multi-purpose room, a Lutron Lighting System, and breathtaking views throughout.
Details
Maps
Documents
Contract Information
Status: Active
Listing Type: Site Built > 2 Acres
Income Producing: No
Area: Washington Counties
Neighborhood Grid #: 700
Begin Date: 2023-09-09
List Price: $8,950,000
Non-Agent Compensation Type: %
Buyer Agency Compensation: 2.5
Buyer Agency Compensation Type: %
Short Sale: No
REO: No
General Property Description
Realtor.COM Type: Residential - Single Family
Building Style: Multi-Level
Basement: Yes
Garage Type: Att Garage
Garage Stall: 4+ Car
Gar/Cpt2-Type: Det Shop
Gar/Cpt2-#/Stalls: 4+ Car
Gar/Cpt3-Type: Det Garage
Gar/Cpt3-#/Stalls: 3 car
Total Bedrooms: 8
Total Bathrooms: 7.5
Total SqFt.: 16144
SqFt B: 2474
SqFt 1: 8576
SqFt 2: 5096
SqFt Source: Assessor
Lot Acres: 168.34
Year Built: 1979
Remodeled: Yes
Year of Remodel: 2015
New Construction: No
Lot Type 1: Residential
Add'l Living Quarters: Yes
Add'l Living Quarters Beds: 3
Add'l Living Quarters Total Baths: 2
Add'l Living Quarters Approx SqFt: 3000
Add'l Living Quarters SqFt Source: Estimated
Add'l Living Quarters Year Built: 1996
Add'l Living Quarters Description: Guest House
Legal and Taxes
Legal: 36-26-44 TR A, SP 92-800, AUD #9306250513, SE1/4
AIN/Tax Bill: 46364.9092
Parcel Number: 46364.9092
School District: East Valley - 361
Zoning: See Attached
Taxes: 30082.3
Tax Year: 2022
Taxes Reflect 1: Larger Parcel
Subdivision: N/A
Directions: From Sullivan Rd, turn right on E Wellesley Ave & follow to home
Remarks
Public Remarks: One of the only true mansions in the Inland Northwest. Introducing the Monaco Estate. Never before offered for sale. This home & property are an heirloom waiting to become part of your family legacy. An estate like this in almost any other area would be 3-4 times the price. Featuring 168 acres, a 12,000 sq ft shop, and a once in-a-lifetime home built with every luxury, yet engineered to withstand the most extreme conditions or natural disasters. The home includes a full guest home with a separate entrance, garage, and elevator. The main home has been painstakingly constructed by some of the finest craftsmen in the area, with every detail methodically planned, including a world-class theater ready for your own theme, an indoor basketball court, a resort-style spa room, a 4,000 sq ft tiled & heated garage, an elevator, 700 sq ft craft/multi-purpose room, a Lutron Lighting System, and breathtaking views throughout.
Address Information
Street Number: 16811
Street Direction Pfx: E
Street Name: Wellesley
Street Suffix: Ave
State/Province: WA
Postal Code: 99216
County: Spokane
Property Subject to
CC&Rs: No
Homeowners Assoc: None
LID: No
Non-Mtg Lien: None
Flood Zone: No
Aircraft Flight Zone: Unknown
Fire Protection Dist: Yes
Miscellaneous
Sec: 36
Twn: 26N
Rng: 44E
Rng Dir: EBM
Rooms per Level
Bsmt Fam/Gr Rm: 1
Bsmt Other Rm(s): 3
1st Fl Living Rm: 2
1st Fl Dining Room: 2
1st Fl Kitchen: 2
1st Fl Fam/Gr Rm: 2
1st Fl Mst Bdrm Suite: 1
1st Fl Bdrm(s): 1
1st Fl Bath: 3
1st Fl Half Bath: 1
1st Fl Laundry: 2
1st Fl Other Rm(s): 2
2nd Fl Living Room: 1
2nd Fl Kitchen: 1
2nd Fl Fam/Gr Rm: 1
2nd Fl Mst Bdrm Suite: 4
2nd Fl Bdrm(s): 2
2nd Fl Bath: 4
Other Rooms
Bonus Room: basketball court
Craft Rm: 2nd Floor
Den/Library: 2nd Floor
Formal Dining: 1st Floor
Loft: 3rd Floor
Media Rm: Theatre - 1st floor
Mud Rm: 1st Floor
Office: 1st & 2nd Floor
Storage: Basement
SunRoom: 1st floor
Lot Features
Special Land Description: Spokane County
Kitchen Amenities
Counter Type: Granite
Other Structures
Shop Size: 66X156
Architectural Style
Description: Estate/Mansion
Flooring
Wood: Wood
Green Features
Countertops: Stone
Property Features
Other Rooms: Main Floor Utilities; Mst Bdrm Suite
View: Mountain(s); Neighborhood; Territorial
Lot Features: Irregular; Level; Open; Sloping; Southern Exposure; Wooded; Borders Special Land
Interior Features: Cable Internet Available; Cable TV; Central Air; Central Vacuum; Dryer Hookup - Elec; Fireplace; Fireplace Insert; Gas Fireplace; Handicap Facility; High Speed Internet; Intercom; Jetted Tub; Skylight(s); Smart Thermostat; Washer Hookup
Exterior Features: Covered Deck; Covered Patio; Covered Porch; Fencing - Full; Fire Pit; Garden; Handicap Access; Horse Facility; Landscaping; Lawn; Lighting; Open Deck; Open Patio; Open Porch; Pasture; Paved Parking; Rain Gutters; RV Parking - Covered; RV Parking - Open; Sidewalks; Spa/Hot Tub; Sprinkler System - Back; Sprinkler System - Front; See Remarks
Common Walls: No Common Walls
Appliances: Cooktop; Dishwasher; Dryer, Electric; Freezer; Grill Top; Microwave; Range/Oven - Elec; Range/Oven - Gas; Refrigerator; Trash Compactor; Wall Oven; Washer; Gas Water Heater
Kitchen Amenities: Bkfst Bar; Kitchen Island; Kitchen Peninsula; Walk-In Pantry
Fuel: Electric; Gas
Heating: Furnace; Hot Water; Radiant
Other Structures: Greenhouse; Guest House; Storage; Workshop; See Remarks
Bsmt: Part Size
Basement: Finished
Foundation: Concrete
Construction: Frame; See Remarks
Exterior: Fiber Cement; Hardboard; Stone
Flooring: Carpet; Stone; Tile
Roof: Comp Shingle; Rolled Comp; See Remarks
Road: Paved; Private Maintained Road; Public Maintained Road; See Remarks
Water: Community System; Irrigation Water
Sewer: Septic System
Green Features: Windows
Terms Considered: Cash; Conventional; VA
Supplements
The home's construction is like no other, including steel I Beam bridge girders for structural support, double steel security doors, a safe room, and concrete walls 1ft - 3ft thick. The 12,000 sq ft shop includes a full woodshop, office, and studio apartment. The value and potential of the 168 acres is tremendous. Currently zoned for an equestrian facility, winery, or golf course with potential for a private helipad, airstrip, or future potential for real estate development. Located in a non-income tax state, this site is truly one of a kind; just 25 min. from Spokane Int'l airport, 15 min. to Private Airport (Felts Field), 20 min. from Coeur d' Alene, Idaho with 4 ski resorts, 5 lakes, 5 golf courses, hunting opportunities & schools very close by. If you've ever dreamt of owning a home and property that was created to cement a family legacy, you must not miss this opportunity to view The Monaco Estate.
Rural Zoning 
Listing Office: Avalon 24 Real Estate
Last Updated: May - 10 - 2024
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