What Does $609K Buy in Spokane Valley's Myron Estates? Inside 11418 E 48th Ave
By Noah Ullah & Jill Larsen · Spokane Best Home Living, powered by Epique Realty · November 11, 2026
Quick answer: At $609,000, 11418 E 48th Ave in Spokane Valley's Myron Estates is an Active 4 bedroom, 3 bathroom daylight rancher with 3,018 sq ft on a 0.33-acre corner lot (MLS #202625898). It was built in 1976 and has mountain and territorial views, a large raised rear patio, a bonus room with a wet bar, a finished daylight lower level with a walkout, and a 2-car attached garage. We're Noah and Jill, the listing agents, and the sellers are open to offers. If you want to walk it with us, schedule a showing.
We're Noah Ullah and Jill Larsen, Spokane's Real Estate Marketing Pros at Spokane Best Home Living, powered by Epique Realty. This is the deep dive behind the listing — the rooms, the lot, the South Valley neighborhood around it, and how it sits in today's market — so you can decide whether a tour is worth your time.
What kind of home is 11418 E 48th Ave?
This is a one-story-style ranch with a daylight lower level, finished in cedar and stone, on a wooded corner lot in Myron Estates. The public listing puts it at 4 beds, 3 baths and 3,018 sq ft, which works out to about $202 per square foot at the current list price. The primary bedroom is on the main floor, and the MLS notes walk-in closet space, a pantry, an eat-in kitchen, a smart thermostat and high-speed internet. Cooling is central air; heat is forced air.
Outside, the 0.33-acre lot is a corner parcel with mature trees, several kinds of fruit trees, and garden space. There's a 2-car attached garage with a door opener, plus off-site parking. From the street you see a wide lawn, tall pines, and a raised deck that wraps the main living area. A lower-level walkout opens to the yard, so the daylight floor isn't tucked away from the outdoors.
What's it like room by room?
The entry and main living area
You come in through a front entry with a sidelight and a tiled landing, then step down into the main living room. That room is the first "oh" moment: a vaulted ceiling with a wood beam, hardwood floors, a stone fireplace, and a wall of windows looking into the trees. It's the kind of space where you actually want to sit and look outside for a minute before you keep walking.
The living area opens toward a dining space with a sliding door to the raised rear patio. That's the morning-coffee spot the listing talks about — a large deck with a railing, looking toward the mountain views. In fall, the trees on the lot do a lot of the decorating for you.
The kitchen
The kitchen is an eat-in layout with wood cabinetry, a tiled floor, a breakfast-bar peninsula with a stone-look counter, and a window over the workspace. Stainless appliances in the listing and photos include a refrigerator, dishwasher, microwave and free-standing range. A pantry is on the feature list. The washer, dryer and a water softener are also included, per the MLS.
Bedrooms, the lower level and the bonus room
The primary bedroom is downstairs on the main level, with walk-in closet space noted in the listing. In total there are four bedrooms and three bathrooms. We'd rather you see the sleeping rooms in person than have us narrate them from a doorway — come walk them with us and take your time.
The lower level is a finished, full, daylight basement with a walkout. That's where you'll find the large bonus room with a wet bar, which is the natural place for game days, a studio, a second living room or just a spot to spread out. There's also mechanical and storage space on this level, which is typical in a home of this age and size. The walkout keeps the lower floor connected to the yard instead of feeling like a basement you only visit.
The lot and outdoor space
A 0.33-acre corner lot in this part of the South Valley is a real feature, not a footnote. The yard has mature trees, fruit trees, garden space and room to be outside without feeling perched on a neighbor's fence line. The raised rear patio is the main entertaining deck; the lower walkout gives you a second way out to the lawn. The views are listed as mountain and territorial, which, on a clear day in this pocket of the Valley, is the payoff for living a little farther south of Sprague.
What's the neighborhood like around Myron Estates?
11418 E 48th Ave sits in south Spokane Valley, ZIP 99206, in the Myron Estates neighborhood, near University Road and the Dishman-Mica corridor. It's a quieter residential pocket than the Sprague Avenue commercial strip, with parks and trailheads close enough that "nearby walking trails" in the listing remarks is a fair description, not marketing fluff.
- Parks: Castle Park is at 3415 S University Road, a small neighborhood park a short drive north on University. Browns Park, at 3101 S Pines Road, is the larger South Valley park, with a playground, courts, a skate area, picnic shelters and a splash pad in season (City of Spokane Valley parks).
- Trails: The Iller Creek loop in the Dishman Hills Conservation Area is the closest "go get a view" hike — Washington Trails Association lists it at about 5 miles and 1,200 feet of gain, with Palouse views from the Rocks of Sharon. The Holman Road trailhead is reached from the 44th Avenue / Farr Road area, just up the road from this house. For an easier outing, Dishman Hills Natural Area at Camp Caro (625 S Sargent Rd) sits farther north in the Valley. We mapped more of these routes in our guide to November hikes near Spokane Valley.
- Schools: The MLS lists this address in the Central Valley School District, with Ponderosa Elementary, Horizon Middle School and University High School. Those are all CVSD schools (Central Valley School District school list). Attendance boundaries can change, so confirm eligibility with the district before you decide.
- Shopping and commute: Daily errands run north toward the Sprague Avenue corridor and the Appleway Trail, a 5.1-mile paved path that parallels Sprague from University Road to Liberty Lake. For commuting, Dishman-Mica Road and Pines Road connect this part of the South Valley to I-90, and from there to downtown Spokane, the rest of the Valley and the airport.
How does this listing fit the Spokane Valley market right now?
This home was listed on Oct 16, 2026, and as of Nov 11 it had been on the market 26 days. That's inside the recent Valley pace: Realtor.com put Spokane Valley's October median time on market at 46 days, with a median sold price of $437,000 and 602 active listings (Realtor.com Spokane Valley market).
Countywide, October was a mixed, not a crashing, market. Spokane REALTORS reported 434 closed sales (single-family homes on less than one acre, plus condos), down 11.6% from October 2025. The median closed price was $425,000, up 1.2%. Inventory was 1,566 homes, and months of supply rose to 3.6 from 3.2 a year earlier. In the same report, the October median close in MLS area 110 — the South Valley area this home is in — was $446,250 (Spokane REALTORS Market Activity, October 2026). A 3,018 sq ft daylight rancher at $609,000 sits above that area median, which is what you'd expect for a larger home on a corner lot with views. The useful comparison is other similar-size homes, not the area average alone.
Mortgage rates are part of the story too. Freddie Mac's 30-year average was 7.18% as of Nov 5, 2026, the third weekly decline in a row; the 15-year averaged 6.57% (Freddie Mac PMMS). Your own rate depends on credit, down payment and loan type. We walked through what buyers and sellers are actually doing with these numbers in our November 2026 market check-in.
In plain terms: buyers have more choice than last fall, well-prepared homes in the right price range still sell, and this one is being offered with sellers who are open to offers. If you're also thinking about timing around the holidays, we wrote a practical guide on buying or selling a Spokane Valley home before the holidays.
Want to see 11418 E 48th Ave in person?
The photos get you started. A walk-through is how you feel the lot, the views and the bonus room. Schedule a showing or a strategy call, email us at team@spokanebesthomesearch.com, or call or text (509) 903-5114. If you already live nearby and you're curious what your home might be worth in this market, start with a free home value estimate.
Watch & follow
This post is the deep dive. The videos, Reels and Shorts are how we show you the house and the neighborhood in motion — and they all point back here when you want the full story. Follow us so you don't miss the next listing or market conversation:
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We also have a price-improved listing at 7403 E 3rd Ave in Spokane Valley, now at $259,000, if you're looking at a different price point.
FAQ: 11418 E 48th Ave, Spokane Valley
Is 11418 E 48th Ave still for sale?
Yes. As of Nov 11, 2026, the public listing showed the home as Active at $609,000 (MLS #202625898). Status can change, so confirm with us or on the listing page before you make plans.
How many bedrooms and bathrooms does the home have?
The listing is for 4 bedrooms and 3 bathrooms, with 3,018 sq ft. The primary bedroom is on the main floor. There's also a large bonus room with a wet bar on the finished daylight lower level.
What is Myron Estates, and which schools are listed for this address?
Myron Estates is a residential neighborhood in south Spokane Valley, ZIP 99206. The MLS lists Ponderosa Elementary, Horizon Middle School and University High School in the Central Valley School District. Please verify current boundaries and enrollment with CVSD.
What outdoor space comes with the property?
The home sits on a 0.33-acre corner lot with mature trees, fruit trees and garden space. There's a large raised rear patio with mountain and territorial views, a lower-level walkout to the yard, and a 2-car attached garage.
How do I schedule a showing?
Book a time on our calendar, email team@spokanebesthomesearch.com, or call or text Noah and Jill at (509) 903-5114. We'll meet you at the house and walk it with you.
I live nearby. Can you tell me what my home is worth?
Yes. Start with a free home value estimate, then book a strategy call and we'll walk through current comps for your street. There's no obligation.
Work with Noah & Jill
We're Noah Ullah (Managing Broker, WA Lic. #23084) and Jill Larsen with Spokane Best Home Living, powered by Epique Realty. If 11418 E 48th Ave might be your next home — or if you're a neighbor wondering what a sale like this means for your street — here's where to start:
- See the listing: 11418 E 48th Ave on ez Home Search
- Schedule a showing or strategy call: Book a time
- Email: team@spokanebesthomesearch.com · Call or text: (509) 903-5114
- Neighbors — what's my home worth? Get a free home value estimate
- Search more homes: spokanebesthomesearch.com
Noah Ullah & Jill Larsen, Spokane's Real Estate Marketing Pros · Spokane Best Home Living
Facts in this article come from MLS #202625898 as shown on the public listing page on Nov 11, 2026, and from the linked market, park, trail and school sources. Listing details, status and days on market can change. Market figures describe October 2026 (and the Nov 5 Freddie Mac rate survey) and are not a valuation of this home or a prediction of a sale price. School assignment should be verified with the district. This article is educational and is not financial, lending, or legal advice. Information is deemed reliable but not guaranteed.
Spokane Best Home Living, powered by Epique Realty, a subsidiary of Phoenix Realty LLC