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TBD NE Gray Lane, 
Pullman, WA 99163

$725,000


Bed


Bath


-

Sq Ft


0.54

Acres (Lot)


Land

Active

Listed by

Callie Younger

Magenta & Co., LLC. Dba Magenta & Co. Real Estate,

208-310-7346

Last updated:

May 18, 2026, 09:07 PM

MLS#

293047

Source:

WA PRMLS

About This Land

TBD NE Gray Lane

MLS# 293047 Extraordinarily rare development opportunity in heart of Pullman. Offering includes THREE contiguous vacant land parcels being sold together as one premier investment opportunity directly adjoining entrance to Washington State University & overlooking historic Reaney Park. Opportunities to acquire nearly ½ acre of multifamily-zoned land in coveted university-adjacent location are exceptionally scarce & seldom come to market. Positioned on picturesque Gray Ln., property is surrounded by Pullman’s classic mature tree canopy streetscape & overlooks Reaney Park & Pool & iconic pedestrian entry trail leading directly into the WSU campus. Setting captures timeless collegiate character of Pullman, framed by WSU’s historic brick academic buildings & vibrant campus atmosphere.Historically, entrance near Reaney Park served as principal connection between City of Pullman & “college on the hill,” once anchored by prominent basalt stone arch. Reaney Park, Pullman’s oldest municipal park, dates back to early 1900s & once featured student-used livery stable in 1910, adding rich historical significance to remarkable location.Sale consists of 3 buildable lots totaling approx. 23,616 Sq Ft.(just over ½ acre):• Lot 1 – 8,166 SF• Lot 2 – 7,950 SF• Lot 3 – 7,500 SFAll 3 parcels: zoned Multi-Family Residential, presenting exceptional future development potential for student housing, income-producing rentals, townhomes, apartments, or thoughtfully designed tiered residential project. Upward-sloping terrain creates opportunity for elevated, staggered construction w/commanding park & campus-oriented views. Water & sewer utilities available in street & ready to be brought to each parcel.Located directly below fraternity & sorority housing & only blocks from Pullman’s revitalized downtown core, property sits at center of one of NW's most recognized college communities. WSU, home of Cougars, enrolls approx. 16,248 students on Pullman campus & brings year-round energy to area through nationally recognized athletics, football wknds , parent wknds, research programs.Annual taxes for all 3 parcels parcels, currently only $1,884.02. Tax ID:112300007010003112300007020003112300007030002Parcels sold together only & will not be separated, preserving full development footprint & maximizing building envelope potential of premier WSU-adjacent property. Premier university-edge development sites of this caliber, size, history, & location are truly once-in-a-generation opportunities.

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.54

MLS #:

293047

Last Updated:

May 18, 2026, 09:07 PM

Added:

7 day(s) ago


Finances & Disclosures

Finances

Price:

$725,000

Source:WA PRMLS
The information being provided by Pacific Regional Mls 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. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Pacific Regional Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.