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    Lakeside Lot with Garage and Patio Title is generated by Realmo AI

    150 Guinevere Dr, Usk, WA 99180

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    For Sale
    $275,000

    LAND - Usk, WA

    Property size:
    960 SF
    Lot size:
    0.25 Acres
    Price / SF:
    $286/SF
    Added:
    May 8, 2026
    Days on Market:
    5
    Last Refresh:
    May 12 at 4:06 pm

    Property Features for 150 Guinevere Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    443209450187
    Size
    960 SF
    Lot size
    0.25 Acres

    Taxes and HOA fees

    Tax Annual Amount
    542

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public
    Water front features
    Lake Front
    Water front
    1

    Building Details

    Additional Structures
    Workshop

    We can help!

    Listing Contact
    Jennifer Clemens
    Jennifer Clemens

    Listing agent Jennifer Clemens License #23035852

    Listing office Keller Williams Spokane - Main 534 E Spokane Falls Blvd Suite 300, Spokane, WA

    Listing date May 8, 2026

    MLS# 202617082 Listing URL

    Copyright © 2026 Spokane Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Lakefront property on Lake Guinevere with Pend Oreille River access and 55 miles of recreation.
    • 2023 built 24x40 garage with insulated, heated & cooled 24x10 living space and 24x20 covered patio.
    • Full hookups: power, water, sewer, and 50‑amp RV connection.
    • Enjoy resort amenities: boat launch, docks, lodge with kitchen, indoor pool/hot tub, sauna, pickleball court.
    • Potential to finish the shop into a full living space.
    • Located in Skookum Rendezvous RV Resort, just over an hour North of Spokane.

    Overview

    This .25-acre lakeside lot is located on Lake Guinevere at Skookum Rendezvous RV Resort, along the Pend Oreille River. It features a 2023-built 24x40 garage that includes a 24x10 insulated, heated, and cooled living space, plus a 24x20 covered patio overlooking the lake. The patio has the potential to be enclosed. The lot is equipped with power, water, sewer, and a 50-amp RV hookup with water and sewer connections, plus a large storage shed. Resort amenities include a boat launch, day use docks, multiple parks, a large lodge with a full kitchen, an indoor pool, an indoor hot tub, a sauna, a pickleball court, and miles of ATV trails nearby. The property offers flexibility and potential to finish the shop into a living space. It is located just over an hour north of Spokane.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Real Estate Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Usk
    County
    Pend Oreille
    State
    Washington
    Longitude
    -117.246108
    Latitude
    48.289126

    Nearby Similar for Sale

    • $110,000

      Recreational Land Near Pend Oreille

      1.14-acre recreational land with river access and utilities.
      178 Teal Rd, Usk, WA 99180
      View Details
    • $225,000

      Waterfront Land with Existing Structure

      Scenic waterfront property with utilities and structures ready for development.
      1475 LENORA DR, USK, WA 99180
      View Details
    • $67,000

      Land Near Skookum Rendezvous Lodge

      RV-ready lot near lodge with amenities and outdoor recreation.
      300 Tall Pine N Loop, Usk, WA 99180
      View Details
    • $167,000
      1,067,220 SF

      21.5 Acres of Build-Ready Land

      21.5-acre parcel near Skookum Creek Campground and Pend Oreille River.
      54 Lenora Drive, Usk, WA 99180
      View Details

    FAQs

    What type of property is this?
    Recreation land - Lakeside .25-acre lot with garage, living space, and patio.
    Where is this recreation land located?
    The property is located at 150 Guinevere Dr Usk, WA.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Lakefront property on Lake Guinevere with Pend Oreille River access and 55 miles of recreation.; 2023 built 24x40 garage with insulated, heated & cooled 24x10 living space and 24x20 covered patio.; Full hookups: power, water, sewer, and 50‑amp RV connection.
    (509) 458-4000
    We can help!
    Listing Contact
    Jennifer Clemens
    Jennifer Clemens
    Real Estate License ID: 23035852
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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