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$3,000,000

41987 Shore Acres Rd Loon Lake, WA 99148

3.0 acres
Multi-Family

Property details

About 41987 Shore Acres Rd

A fully operational, turn-key lakefront resort just 45 minutes from Spokane offering a unique blend of lifestyle and income. Shore Acres includes a mix of 12 cabins/apartments, 30 RV sites, and day-use areas, all designed for guest comfort with kitchens, A/C, Wi-Fi, and more. Set on nearly 2 acres with over 165 ft of prime shoreline, this property features a private boat launch, seasonal docks, sandy beach, fire pit, picnic spaces, and on-site laundry. Known for its charm and returning guests, the resort generates multiple revenue streams from overnight stays, boat slip rentals, and lake access. Zoned for commercial recreation, it’s ideal for an investor, owner-operator, or anyone looking to own a legacy asset in one of Eastern Washington’s most sought-after lake communities. Whether expanding your portfolio or trading city life for lake life, this rare offering delivers exceptional potential, repeat business, and the chance to own a piece of Loon Lake history.

Highlights

Home typeMulti Family
HeatingElectric
StatusActive
Lot size3 Acres
Year built1957
MLS #202518464
WaterfrontLake Front, Beach, Dock, Boat Slip, Boat Ramp
ViewWater

Summary

  • Basement: No
  • Attached Garage: No
  • Parking: None
  • Waterfront: Lake Front, Beach, Dock, Boat Slip, Boat Ramp
  • View: Water
  • Exterior: See Remarks
  • Heating: Electric
  • List Price: $3,000,000
  • Lot: Open Lot, Oversized Lot
  • Year Built: 1957
  • Lot Size: 3 Acres
  • MLS Number: 202518464
  • MLS Name: SARMLS
  • Office Name: REAL Broker LLC
  • Office Email: wacontracts@therealbrokerage.com
  • Listing Agent: Aaron Farr

IDX Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2025 Spokane Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 5:40:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Nov 22, 2022
Home Sold
$2,513,729
Nov 22, 2022
Home Sold
$2,513,729
May 15, 2019
Home Sold
$860,000
May 15, 2019
Home Sold
$860,000
Mar 15, 2007
Home Sold
$1,100,000
Mar 15, 2007
Home Sold
$1,100,000

Tax history

We're sorry, we currently don't have tax history data for this listing.

History based on county public records data.

Nearby schools

3

Loon Lake Elementary School

Public District PK-6

1.4 mi

4001 Maple St

1

Springdale Elementary School

Public District PK-5

5.0 mi

500 N 4th

6

Arcadia Elementary School

Public District 3-5

10.7 mi

1120 E D St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $61,884. Typical income of Loon Lake, WA residents is between $35k-100k annually. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

31%
<35k
42%
35k-100k
20%
100k-200k
7%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

33%
Single, No Kids
9%
Single, with Kids
38%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
9%
12-17 yrs old
12%
18-34 yrs old
45%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • DillardsDillards
  • Dick's Sporting GoodsDick's Sporting Goods
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse
  • Hardee'sHardee's

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • RamRam

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 41987 Shore Acres Rd

The listing price of 41987 Shore Acres Rd property is $3,000,000.

The property 41987 Shore Acres Rd is a multi located in Loon Lake, Washington, 99148.

Active Listing: 41987 Shore Acres Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 41987 Shore Acres Rd are: Loon Lake Elementary School (GreatSchools Rating 3/10), Springdale Elementary School (GreatSchools Rating 1/10), Arcadia Elementary School (GreatSchools Rating 6/10), Loon Lake Homelink Program (GreatSchools Rating 4/10), Springdale Middle School (GreatSchools Rating 3/10), Valley School (GreatSchools Rating 5/10), Mary Walker Alternative Learning Experience (GreatSchools Rating 2/10), Mary Walker High School (GreatSchools Rating 4/10), Deer Park Home Link Program (GreatSchools Rating 5/10).

The last sale was on November 22, 2022 for $2,513,729 (source: MLS/tax record).

The year of construction for 41987 Shore Acres Rd is 1957.

This home is located at 41987 Shore Acres Rd in Loon Lake, WA and zip code 99148. Features: 0 bathroom. It has been listed on Rocket Homes since June 11, 2025 and is currently priced at $3,000,000.

In June 2025 more than 5 listings in Loon Lake, WA were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 4 were sold below. The number of listings in Loon Lake, WA increased by 16.7% between May and June 2025. While the average time on the market in June 2025 was 30 days, the median list price was $532,500.

From Rocket Homes Real Estate and based on county public records data.

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