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    41987 Shore Acres Rd Loon Lake, WA 99148

    For Sale
    $2,500,000

    COMMERCIAL - Loon Lake, WA

    Lot size:
    3.00 Acres
    Days on Market:
    107
    Last Refresh:
    Dec 15 at 9:06 am

    Property Features for 41987 Shore Acres Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    5177100
    Lot size
    3.00 Acres

    Utilities

    Heating system
    Electric (Heating)
    Water front features
    Beach Front, Lake Front
    Water front
    1

    Building Details

    Year built
    1957
    Building materials
    Wood Siding
    Roof type
    Metal

    Real Broker, LLC (855) 450-0442 [email protected]

    Listing agent Aaron Farr (509) 768-3722

    Listing date Aug 31, 2025

    Copyright © 2025 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.

    Overview

    Loon Lake Waterfront Resort Opportunity

    This is a fully operational, turn-key lakefront resort located just 45 minutes from Spokane. The property offers a blend of lifestyle and income. It includes a mix of 12 cabins/apartments, 30 RV sites, and day-use areas. All are designed for guest comfort and include kitchens, A/C, and Wi-Fi. The resort is set on nearly 2 acres with over 165 feet of shoreline. Property features include a private boat launch, seasonal docks, a sandy beach, a fire pit, picnic spaces, and on-site laundry. The resort generates multiple revenue streams from overnight stays, boat slip rentals, and lake access. It is zoned for commercial recreation. This property is located in one of Eastern Washington's sought-after lake communities. It is ideal for an investor, owner-operator looking to own a legacy asset. This offers exceptional potential, repeat business, and the chance to own a piece of Loon Lake history.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Resorts

    Suggested Use

    Dental Office Hotel & Motel Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Loon Lake
    County
    Stevens
    State
    Washington
    Longitude
    -117.639405
    Latitude
    48.046144

    Nearby Similar for Sale

    • $289,000
      1,991 SF

      Loon Lake Mixed-Use Property

      Mixed-use property in Loon Lake with updated features.
      4008 Cedar St, Loon Lake, WA 99148
      View Details

    FAQs

    What type of property is this?
    Resort - Turn-key resort with cabins, RV sites, and lake access.
    Where is this resort located?
    The property is located at 41987 Shore Acres Rd Loon Lake, WA.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Turn-key, fully operational lakefront resort generating multiple revenue streams.; - Prime lakefront location with 165 ft of shoreline, private boat launch, docks, and beach.; - Diverse accommodation options with 12 cabins/apartments and 30 RV sites.
    (509) 768-3722
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    Realmo Value Estimation

    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

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    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.

    Alternative use

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

    More about this property
    41987 Shore Acres Rd Loon Lake, WA 99148
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