Five Mile Homes under $500,000

Five Mile Homes under $500,000

Welcome to Five Mile, a charming neighborhood nestled in the heart of Spokane, Washington. Known for its picturesque landscapes and family-friendly atmosphere, Five Mile offers the perfect blend of suburban tranquility and urban convenience. This vibrant community is characterized by its beautiful tree-lined streets, well-maintained parks, and a strong sense of camaraderie among residents.

Five Mile is an ideal choice for families, first-time homebuyers, and anyone looking to enjoy a peaceful lifestyle without sacrificing access to city amenities. With a variety of local shops, restaurants, and recreational facilities just a short drive away, residents can enjoy the best of both worlds—serene living with the excitement of Spokane's urban offerings.

One of the standout features of Five Mile is its affordability. Homes in this neighborhood can be found for under $500,000, making it an attractive option for those looking to invest in a comfortable and inviting space. Whether you're searching for a cozy single-family home or a charming townhouse, Five Mile has a diverse range of properties to suit various tastes and budgets.

Families will appreciate the top-rated schools in the area, providing quality education and ample extracurricular activities for children of all ages. Additionally, the neighborhood boasts beautiful parks and outdoor spaces, perfect for weekend picnics, hiking, and enjoying the stunning natural beauty of the Pacific Northwest.

If you're considering a move to Spokane, Five Mile is a neighborhood that truly embodies the spirit of community living. Explore the possibilities and discover your dream home in this delightful enclave!

Newest Five Mile Homes under $500,000

7011 N G St, Spokane
$450,000
4 Beds ⋅ 3 Baths ⋅ 202625265 MLS
Mid-century brick rancher with a red tile roof, in-ground pool, and covered patio on a .28-acre corner lot in Pacific Heights! Offering 4 bedrooms, 3 baths, tons of space, and lots of opportunity. The main floor centers on a striking stacked-stone fireplace between the living and dining areas, with French doors out to the covered patio. The big kitchen offers plenty of cabinetry, granite counters, a tile backsplash, and floor-to-ceiling pantry storage. You'll love the huge bonus family room with parquet floors, a brick fireplace, and windows on three sides filling it with light. Bedrooms on both levels, including one with hardwood floors and a reclaimed wood accent wall, plus a finished lower level for extra living space. Close to Balboa Elementary and Salk Middle School. Come see!

7011 N G St, Spokane
2836 W Houston Ave, Spokane
$499,900
3 Beds ⋅ 3 Baths ⋅ 202625179 MLS
Meticulous Indian Trail contemporary with a 16x42 RV garage with 14-ft doors! This beautifully maintained home offers gorgeous hardwood floors throughout the main-floor living areas, along with a spacious living room with a gas fireplace, formal dining room, and a light-filled sunroom overlooking the beautifully landscaped backyard with a charming fountain. The stunning kitchen features a full appliance package, gas range, granite countertops, and a convenient island. Upstairs, you’ll find three bedrooms, including a generous primary suite with a private bath and tile shower, plus an updated guest bathroom. The lower level offers even more living space with a comfortable family room with gas fireplace, half bath, and large laundry room. Bonus workshop area behind the garage. Enjoy outdoor entertaining on the back patio, with a hot tub included! Additional highlights include gas forced air heat, energy efficient vinyl windows and newer central A/C. Close to local schools, parks, and shopping.

2836 W Houston Ave, Spokane
3407 W Lyons Ave, Spokane
$499,900
4 Beds ⋅ 3 Baths ⋅ 202624953 MLS
Absolutely BEAUTIFUL 2686 sq.ft. 4 bed/3bath rancher with a TON of updates! New HVAC installed. Upgraded breaker panel that includes wiring for hot tub. Extended garage size to oversized 2 car plus 12 ft. door. New dishwasher. New 18 ft. Tall RV pad, 24 ft. Deep and covered. New 2nd RV covered carport. Deck just repainted and overhead cover added. New backyard vinyl fence. Heated rain gutters. All CO detectors/smoke alarms replaced 2026 with auto 10 yr. battery. Newer kitchen granite countertops & some cabinets added as well. Covers installed over chimneys. House wired for alarm/cameras. New landscaping front yard. All windows updated vinyl dual pane and new oversized sliding glass door. Primary has walk in closet, 3/4 bath with double sinks. Main floor formal dining with a wonderful open floor plan. This is truly a move in ready home in PERFECT condition.

3407 W Lyons Ave, Spokane
3314 W Beacon Ave, Spokane
$430,000
4 Beds ⋅ 2 Baths ⋅ 202624663 MLS
Mid-Century Modern home just off of Indian Trail Road in Pacific Heights and only a few blocks to shopping, schools and parks. This well maintained home with 2 car garage shows pride in ownership. The spacious kitchen has tons of counter space, an island eating bar and built in desk. Formal living room off kitchen as well as an additional main floor family room with a gas stove. 3 main floor bedrooms and both bathrooms have been updated. The full basement has an additional non-egress bedroom plus a giant family room with fireplace and another spacious flex room for office, workout space or whatever you dream up. Covered back deck leads out to an oversized, fenced backyard with storage shed. Beautiful landscaping with blooming flowers and automatic sprinklers. All NEW vinyl windows throughout. This move in ready home is one you don't want to miss!!

3314 W Beacon Ave, Spokane
8715 N Hemlock Rd, Spokane
$494,990
3 Beds ⋅ 3 Baths ⋅ 202624562 MLS
The 1621 square foot Jordan is a smartly designed alley-accessed-garage home design, that's perfect for a variety of lifestyles. The Jordan opens to a beautiful entry and spacious great room with an optional built-in fireplace and shelving. Adjacent to the great room is a formal dining space and giant open kitchen with a large pantry for with storage galore. For entertaining and convenience, the downstairs also includes a private powder room and pocket den that works well as a playroom or office. Upstairs, the Jordan plan offers a luxurious main suite with his-and-hers closets and dual vanity ensuite. A full secondary bath serves the two additional bedrooms, and a nicely located laundry room helps keep life organized. Home is currently under construction with an estimated Spring completion. Exterior rendering; interior photos are of a similar home with the same floor plan. Actual colors, finishes, and features may vary.

8715 N Hemlock Rd, Spokane
1823 W Northridge Ct, Spokane
$194,900
2 Beds ⋅ 1 Baths ⋅ 202624472 MLS
Don't miss out on this Incredible Value!!! Priced more than 30k under tax assessed value!!! 2-bedroom, 1-bath condo offering modern comfort and a clean, refreshed feel throughout. The entire unit was recently painted, and the spacious living area opens to a private balcony with sweeping Amazing Spokane Views. The kitchen features sleek Corian countertops, stainless steel appliances, ample storage, and a bright, functional layout perfect for everyday cooking and entertaining. Both bedrooms include ceiling fans for added comfort, and most of the lights in the home are on dimmable switches for customizable ambiance. The building itself has been freshly painted, has a new roof, and enhanced with upgraded exterior lighting. Enjoy a designated covered parking space, an on-site pool, and a private storage closet in the basement. Move-in ready with thoughtful upgrades and great amenities in a well-maintained community. Some AI enhanced photos.

1823 W Northridge Ct, Spokane
8709 N Hemlock Rd, Spokane
$489,990
3 Beds ⋅ 2 Baths ⋅ 202624369 MLS
At 1609 square feet, the Jackson is a smartly designed single-story home popular with those who want to maximize every inch of living space. The home’s alley-accessed garage creates charming street appeal. An expansive living room and the large dining room adjoin a kitchen featuring ample cupboard space and an ever-useful island. The private main suite boasts a large dual vanity bathroom with a spacious closet, while the other two sizeable bedrooms share the second bathroom. There are plenty of reasons to simply love this well-planned home. Home is currently under construction with an estimated Spring completion. Exterior rendering; interior photos are of a similar home with the same floor plan. Actual colors, finishes, and features may vary.

8709 N Hemlock Rd, Spokane
1617 W Kedlin Ln, Spokane
$475,000
4 Beds ⋅ 3 Baths ⋅ 202624216 MLS
Welcome home! This move-in ready 4-bedroom, 2.5-bath home offers a bright, open layout with new flooring and fresh paint throughout. The main level features a spacious living room, convenient powder room, informal dining area, and a beautiful kitchen complete with white cabinetry, modern tile backsplash, updated lighting, and an eat bar—perfect for everyday living or entertaining. Upstairs, you'll find all four bedrooms together, including a generous primary suite with a walk-in closet and spa-like bathroom featuring a relaxing soaker tub. Outside, enjoy a nicely sized lot with a fenced backyard, sprinkler system, patio, garden space, and even room for chickens! Additional features include gas forced-air heat, and central A/C. This one is ready to make home!

1617 W Kedlin Ln, Spokane
3720 W Jay Ave Ave, Spokane
$500,000
4 Beds ⋅ 3 Baths ⋅ 202623672 MLS
Welcome to this 4 bed, 3 bath home in Falcon Ridge, built in 2006 by Homestead Construction and sitting on a .24 acre lot in 5 Mile. Over 2,300+ finished square feet, with a layout that actually makes sense: primary suite, two more bedrooms, and a full bath all on the main floor. Downstairs you'll find a 4th bedroom (has an egress window, just no closet), a 3rd full bath, a big family room, and a separate laundry/utility room, so there's real space to spread out. Backyard is fenced with concrete curbing and a sprinkler system already in. Composite deck off the dining area slider, and brand new composite stairs at the front entry too. Furnace and hot water tank are gas, and central air is brand new. Fridge, oven and dishwasher all stay with the home. Zoned for the new Mead Schools, Highland Jr High and Skyline Elementary, and close to everything 5 Mile has going for it. Shopping, dining, the works.

3720 W Jay Ave Ave, Spokane
7225 N Valerie St, Spokane
$425,000
3 Beds ⋅ 3 Baths ⋅ 202623174 MLS
Large BRICK rancher in popular Pacific Heights area near park in quiet, low-traffic location. Same owner for almost 40 years! Big primary bedroom on main floor has huge walk-in closet and bathroom w/double vanity. Beautiful hardwood floors throughout most of the main floor. 2 masonry fireplaces, natural gas furnace (new in 2008 and serviced yearly), central AC too! 2 BR on main plus office tucked behind garage (would make great mud room!). 4 cedar-lined closets in lower level, big living & dining rooms w/hardwood floors, full wall built-in hutch, lower level is mostly finished including large unofficial BR w/3 closets, rec room w/bar, 1/2 bath in laundry area, and enormous workshop w/work benches. 2-car garage w/newer opener & overhead door. 650+ SF deck needs work but is serviceable. Needs work but priced for someone looking for sweat equity.

7225 N Valerie St, Spokane
9106 N Oak St, Spokane
$414,500
3 Beds ⋅ 2 Baths ⋅ 202622876 MLS
Welcome home to this beautifully refreshed 3-bedroom, 2-bathroom home in Spokane’s desirable Five Mile area, just a short walk from Sky Prairie Park. Step inside to tall ceilings, fresh interior paint, and new LVP flooring that gives the home a bright, clean feel from the moment you walk in. The main-level layout offers easy, comfortable living with an open flow between the kitchen, dining, and living spaces, perfect for everyday life or having friends over. The spacious primary suite features its own private bath and walk-in closet, while two additional bedrooms offer flexibility for kids, guests, or a home office. Outside, the backyard is one you’ll actually want to spend time in, with plenty of room to play, garden, entertain, or simply unwind. Add in an attached 2-car garage and a location close to parks, schools, shopping, and North Spokane amenities, and this home is an easy one to picture yourself settling into.

9106 N Oak St, Spokane
1823 W Northridge #8 Ct, Spokane
$159,900
1 Beds ⋅ 1 Baths ⋅ 202622040 MLS
Affordable, move-in-ready, and designed for easy living! This charming 1-bedroom, 1-bath townhome is a great opportunity for first-time buyers, students, traveling professionals, investors, or those looking to downsize. The updated kitchen features hard-surface countertops and stainless steel appliances, while a cozy gas fireplace adds warmth to the inviting living space. Enjoy a private balcony off the primary bedroom plus two private patios for outdoor relaxation. Covered parking and an exterior storage unit add convenience. Community amenities include a swimming pool, laundry facility, and secure mailroom. HOA dues cover water, sewer, garbage, snow removal, landscaping, and pool maintenance. Ideally located just minutes from shopping, dining, parks, public transit, Gonzaga, Whitworth, and everyday amenities. Low-maintenance living at an affordable price!

1823 W Northridge #8 Ct, Spokane
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