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    26515 Timberwolf Ln Newman Lake, WA 99025

    For Sale
    $3,800,000

    Panoramic lake views, private legacy estate.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 202-acre property presents a unique opportunity to own a private hilltop estate straddling the Idaho/Washington state line, near Newman Lake, WA. Located at 26515 E Timberwolf Ln, Spokane County, WA 99025 (47.7670119, -117.0463064), this fee-simple land boasts breathtaking panoramic lake views extending for miles. The property is zoned RCV and offers a multitude of uses, including hunting, recreational activities, and timber harvesting. The land itself is a haven for wildlife, featuring a year-round wildlife pond and abundant timber resources. Existing improvements include two large shops and a bunk cabin, providing a solid foundation for your dream estate. Water is supplied by a private well. This multi-parcel property is ideal for those seeking a secluded retreat or a substantial investment opportunity. The asking price is $3,800,000 and the sale is eligible for a 1031 exchange. This is a rare chance to acquire a truly remarkable piece of land in a desirable location. Don't miss this chance to create your private legacy.

    Property Features for 26515 Timberwolf Ln

    General Information

    Property type
    Agricultural land
    Lot Size
    8,799,120 SF

    HighLights

    • 202‑acre hilltop estate straddling the Idaho/Washington state line near Newman Lake, WA.
    • Located at 26515 E Timberwolf Ln, Spokane County, WA 99025.
    • Boasts breathtaking panoramic lake views.
    • Zoned RCV, suitable for hunting, recreation, and timber harvesting.
    • Features a wildlife pond, abundant timber, two large shops, and a bunk cabin.
    • Private well water.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Dental Office Accounting Firm Electrical Service Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Newman Lake
    County
    Spokane
    State
    Washington
    Longitude
    -117.0463064
    Latitude
    47.7670119

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    • $4,999,000
      25,000 SF

      Hauser Industrial Building with Storage

      25,000 SF industrial building on 4.51 acres for sale.
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    FAQs

    What type of property is this?
    Agricultural land - Panoramic lake views, private legacy estate.
    Where is this agricultural land located?
    The property is located at 26515 Timberwolf Ln Newman Lake, WA.
    What is the asking price?
    The asking price for this property is $3,800,000.
    What are key features of this property?
    This property features: 202-acre hilltop estate straddling the Idaho/Washington state line near Newman Lake, WA.; Located at 26515 E Timberwolf Ln, Spokane County, WA 99025.; Boasts breathtaking panoramic lake views.
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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
    26515 Timberwolf Ln Newman Lake, WA 99025
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