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Soap Lake Waterfront Multifamily Opportunity
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21058 N Highway 17, Soap Lake, WA 98851

Waterfront property with multiple units and potential for expansion.

Property Size4,091 SF
Lot Size4.28 Acres
Price / SF$366.66
Days on Market269

Property Features for 21058 N Highway 17

General Information

Standard status Active
Size 4,091 SF
Lot size 4.28 Acres
Property subtype MULTIFAMILY
Listing Agency: RE/MAX Eastside Brokers, Inc.
Listed By: Steve Volpone · License #89403
Source: Moodyscre
Added: Nov 24, 2025 Changed: Aug 8 Last Checked: Aug 20 at 1:10PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Eastside Brokers, Inc.

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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

Property Analytics

Current Use

Campgrounds

Suggested Use

Top Pick Carpet & Flooring Store Cafe & Coffee Shop Grocery & Convenience Store Real Estate Agency Food Market Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 98851, WA

4,472
Population
2,078
Households
2.2
Avg Household Size
46
Median Age
15%
College-Educated
86%
High-School Grad
146.1 sq mi
ZIP Area
31
Density / Sq Mi
$67,009
Median Household Income
$35,124
Median Earnings
$902
Median Rent
$240,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

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 N Highway 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
(425) 243-2229 Call to check price and availability
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