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    21058 Hwy N, Unit 17 Soap Lake, WA

    For Sale
    $1,500,000

    Waterfront property with multiple units and potential for expansion.

    Property size:
    4,091 SF
    Lot size:
    4.28 Acres

    Property Features for 21058 Hwy N

    General Information

    Size
    4,091 SF
    Lot size
    4.28 Acres

    Source: RE/MAX Eastside Brokers, Inc. Agent Steve Volpone

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Soap Lake Waterfront Multifamily Opportunity

    This property features approximately 500 feet of Soap Lake waterfront, a private boat launch, and includes two 2-bedroom houses, one of which is used as an office. Additionally, there are three 1-bedroom/studio duplexes with waterfront access. The property offers the potential to add more units and currently includes four RV spots with water, sewer, and power hookups, with the possibility of adding more. The current owner has removed a bath house, laundry facility, and four units, but water, sewer, and power infrastructure remains in place. The property benefits from a 1 cubic foot per second domestic water right, suitable for hot springs or cold plunges. The entire property is fully fenced and features a gated entry. The property size is approximately 4091 square feet.
    Location Intelligence

    Current Use by Public Records

    Campgrounds

    Map

    City
    Soap Lake
    County
    Grant
    State
    Washington
    Longitude
    -119.490591
    Latitude
    47.389307

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    FAQs

    What type of property is this?
    Campground - Waterfront property with multiple units and potential for expansion.
    Where is this campground located?
    The property is located at 21058 Hwy N, Unit 17 Soap Lake, WA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Soap Lake Waterfront Property with Private Boat Launch; - Multiple Income-Generating Units: **Two 2-Bedroom Houses and Three Waterfront 1-Bedroom/Studio Duplexes**; - Development Potential: Ability to Add More Units and RV Spots
    (206) 576-5104
    Request Owner's contact information
    21058 Hwy N, Unit 17 Soap Lake, WA
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    Soap Lake, WA
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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

    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.

    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
    21058 Hwy N, Unit 17 Soap Lake, WA
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