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$1,293,500

5 bd
4 ba
3,560 sqft
868 days
Single Family Residence|Built 2004
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Escape to this breathtaking 7 bedroom, 4 bathroom waterfront oasis on the pristine shores of Loon Lake. With 50 feet of sandy beach & a private dock, this property offers unparalleled access to the lake's sparkling waters. Soaring ceilings & floor-to-ceiling windows make sunrise and sunset truly spectacular. Multiple decks provide ample space for outdoor entertaining, allowing you to enjoy the sunshine & fresh air. Imagine hosting unforgettable gatherings in the beauty of your lakefront paradise. Currently operating as a highly profitable short-term rental w/dates booked well into summer, this turnkey opportunity allows you to start earning income immediately, or you can make it your own private retreat by the lake. The primary residence features an attached separate apartment. 4-car garage + boathouse for all the summer toys. This fully-furnished property offers year-round living & is only a 30-minute drive from Spokane's northside. The ultimate combination of luxury living and income potential.

Sale Summary

Sold Price

$1,293,500

List Price

$1,293,500

Sale vs List

+0%

Close Date

May 28, 2024

Financing

Cash

Buyer's Agent

Bernice Tobeck

Property Details

Property Type

Single Family Residence

Year Built

2004

Subdivision

Lake Shore Homes

County

Stevens

Lot Size

0.15 acres

Living Area

3,560 sqft

Price / Sqft

$363

Garage

2-car

Fireplaces

2

Schools

Elementary: Loon Lake

Days to Sell

24 days

MLS #

SAR202415669

Parcel #

0638100

Annual Taxes

$5,942

Total Building Area

3,560 sqft

MLS Area

A933/172

MLS Class

Residential

Listing Terms

Conventional, Cash

Road Frontage

Private Road, Gravel

MLS Status

Sold

Listed On

May 3, 2024

Went Pending

May 19, 2024

Status Changed

Jun 3, 2024

Last MLS Update

Jun 4, 2024

MLS Branch

1221

School Information

Elementary

Loon Lake

Home Features & Details

Architectural Style

Contemporary

Construction

Masonite

Structure Type

Three Story

Roof

Composition

Basement

FullFinishedDaylightRec/Family AreaLaundryWalk-Out Access

Flooring

Wood

Windows

Skylight(s)

Heating

Natural GasForced AirDuctless

Appliances

Free-Standing RangeGas RangeDishwasherRefrigeratorDisposalMicrowaveWasherDryer

Interior Features

Cathedral Ceiling(s)Windows VinylIn-Law Floorplan

Fireplace Features

Gas

Patio & Porch

DeckPatio

Views

Mountain(s)TerritorialWater

Waterfront

Lake FrontBeach FrontDockBoat Slip

Parking

AttachedGarage Door Opener

Lot Features

ViewsCul-De-Sac

Other Structures

Workshop

Listed By

Cindy Carrigan

REAL Broker LLC

Estimated Monthly Payment

$7,006/mo

Estimated at 6.5% APR, 30-year fixed. For informational purposes only.

Property Highlights

Year Built2004
Square Footage3,560 sqft
Lot Size0.15 acres
Price / Sqft$363
StatusClosed

Location

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