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    26 S Lake Loop Rd Oroville, WA 98844

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    For Sale
    $3,900,000

    15.12 acres with R-3 zoning near downtown Oroville.

    Property size:
    658,627 SF
    Lot size:
    15.12 Acres

    Property Features for 26 S Lake Loop Rd

    General Information

    Size
    658,627 SF
    Lot size
    15.12 Acres

    Source: Realogics Sothebys International Realty Agent Brad Vancour

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

    Overview

    Lakefront Development Opportunity in Oroville

    This is a lakefront development opportunity of up to 350 units on Lake Osoyoos, within walking distance to downtown Oroville. The subject property spans 15.12 acres and is zoned R-3, allowing for 23.4 units per acre. City water and sewer mainlines currently run to the southeast corner of the property. The sale includes two smaller lakefront houses that are currently rented out; however, the primary value is in the land and its development potential. This property is located in the heart of Okanogan lake and wine country, offering various vacation and recreational activities. Lake Osoyoos is known as one of the cleanest and warmest lakes in the US and straddles the Canadian border in an area known as the Mediterranean of Canada. The development site awaits design plans, or the land could be kept as a family estate.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Oroville
    County
    Okanogan
    State
    Washington
    Longitude
    -119.424105
    Latitude
    48.951356

    Nearby Similar for Sale

    • $425,000
      8,889 SF

      Historic Brewery, Winery, and Restaurant

      Three-story, fully-equipped brewery, winery, and restaurant with living space.
      1307 Main St, Oroville, WA 98844
      View Details

    FAQs

    What type of property is this?
    Land - 15.12 acres with R-3 zoning near downtown Oroville.
    Where is this land located?
    The property is located at 26 S Lake Loop Rd Oroville, WA.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: - Lakefront development opportunity for up to 350 units on Lake Osoyoos.; - R-3 zoning allows for **23.4 units per acre** on 15.12 acres.; - Water and sewer city mainlines are available at the property.
    (206) 484-0167
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    Oroville, WA 98844
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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
    26 S Lake Loop Rd Oroville, WA 98844
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