Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    2.47 Acre Corner Lot Title is generated by Realmo AI

    409 Eastlake Road, Oroville, WA 98844

    View on Map
    Claim this Listing
    For Sale
    $149,999

    Corner lot with lake and mountain views near Osoyoos.

    Type:Land
    Lot size:
    2.47 Acres
    Added:
    Mar 17, 2026
    Days on Market:
    76
    Last Refresh:
    Mar 18 at 8:13 am

    Property Features for 409 Eastlake Road

    General Information

    Standard status
    Active
    Lot size
    2.47 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Monica Desautel

    Listing agent Monica Desautel License #91849

    Listing office Best Choice Realty

    Listing date Mar 17, 2026

    Source Compass

    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 Best Choice Realty

    HighLights

    • 2.47 acre corner lot offering captivating views of Lake Osoyoos and surrounding mountains.
    • Year‑round access via paved, County‑maintained Eastlake Rd.
    • No covenants, conditions, restrictions, or homeowner's association.
    • Underground power at road and City of Oroville water available.
    • Oroville‑Tonasket Irrigation District supplies irrigation water.
    • Conveniently located near Osoyoos Lake, Oroville Golf Course, Canadian border, and Dorothy Scott Airport.

    Overview

    This 2.47-acre corner lot offers views of Lake Osoyoos and the surrounding mountains, including filtered views of the town of Osoyoos, BC. It features year-round access along paved and County-maintained Eastlake Rd. There are no recorded covenants, conditions, or restrictions, and no homeowner's association. The property is suited for a private homesite and interim recreational use. Underground power is available at the road. City of Oroville water is available, and the Oroville-Tonasket Irrigation District supplies irrigation water. The lot is located minutes from Osoyoos Lake Veterans Memorial Park and a public boat launch, approximately 7 miles from Oroville Golf Course, 9 miles from the Canadian border crossing, and 2 miles from Dorothy Scott Airport. Recreational opportunities nearby include boating, fishing, hiking, and hunting. The adjacent lot behind this one is also for sale.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Real Estate Agency Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Oroville
    County
    Okanogan
    State
    Washington
    Longitude
    -119.42752
    Latitude
    48.990915

    Nearby Similar for Sale

    • $375,000
      8,889 SF

      Historic Brewery, Winery, and Restaurant

      Three-story, fully-equipped brewery, winery, and restaurant with living space.
      1307 Main St, Oroville, WA
      View Details
    • $249,000
      1,257 SF

      Restaurant Space at Veranda Beach

      Fully equipped restaurant space for sale at Veranda Beach.
      103 Eastlake Rd, Oroville, WA
      View Details
    • $34,999

      Tonasket Acreage with Mountain Views

      Buildable land in Okanogan County with mountain and valley views.
      174 Round Up Road, Oroville, WA 98844
      View Details
    • $525,000

      Waterfront Land with Sandy Beach

      Waterfront land featuring southern exposure and a sandy beach.
      227 Veranda Drive, Oroville, WA 98844
      View Details
    • $4,200,000

      Osoyoos Lake Waterfront Acreage

      63.4 acres with 1,600 feet of private Osoyoos Lake waterfront.
      45 Thorndike Loop Road, Oroville, WA 98844
      View Details
    • $577,500

      Highland Acreage with Panoramic Views

      Shy 300 acres with views and recreational opportunities.
      84 1/2 Pratt Road, Oroville, WA 98844
      View Details
    • $929,000

      Updated Apartments and Cozy Cabins

      Investment opportunity featuring updated apartments and cabins in Oroville, WA.
      1014 Main St, Oroville, WA, 98844-9318
      View Details
    • $39,000

      Secluded Land Parcel in Oroville

      8+ acre sanctuary in Pine Chee Community, near lakes.
      25 Miner's Ridge Road, Oroville, WA 98844
      View Details
    • $59,000

      19.3 Acres in 9 Mile Ranches

      19.3-acre parcel with building sites and valley/lake views.
      385 West Corral Road, Oroville, WA 98844
      View Details
    • $39,900

      Sunset Ridge Land with Views

      21.19 acres with mountain and lake views.
      35 Sunset Ridge Road, Oroville, WA 98844
      View Details

    FAQs

    What type of property is this?
    Land - Corner lot with lake and mountain views near Osoyoos.
    Where is this land located?
    The property is located at 409 Eastlake Road Oroville, WA.
    What is the asking price?
    The asking price for this property is $149,999.
    What are key features of this property?
    This property features: 2.47 acre corner lot offering captivating views of Lake Osoyoos and surrounding mountains.; Year‑round access via paved, County‑maintained Eastlake Rd.; No covenants, conditions, restrictions, or homeowner's association.
    (206) 886-3986
    We can help!
    Listing Contact
    Monica Desautel
    Real Estate License ID: 91849
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    409 Eastlake Road, Oroville, WA 98844
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!