4.92 Acres Pend Oreille County, Washington New on Market, priced to sell $48,750 PERFECT GETAWAY RETREAT PROPERTY - priced significantly below current market levels. Location Located in Pend Oreille County, Washington, in the Diamond Lake area. The address is 102 Sharon Street, Newport, Wa. 99156. Less than a mile from beautiful Diamond Lake, a short 35-mile drive from Spokane and less than 6.6 miles from Newport, where all the required services and amenities are available. Diamond Lake is a 753-acre natural body of water created in the last ice age by glacial forces. There are 7 miles of shoreline and it lies directly adjacent to US. Hwy 2. In Newport there is the area hospital, doctor, dentist offices, and pharmacy. With a population of 2030, the Newport is the hub of the region, as it houses the post office, library (with computers, copier, etc.), fire department, and museum. Owen Grocery & Deli, Safeway the local Farmer’s Market offer groceries, and there are restaurants, a hardware store, salon, art galleries, and all the construction trades for small or large repairs. The scenic town has an active community with festivals to celebrate local and national events, an annual rodeo and parade. Recreation Diamond lake has a cooperative net pen project which releases 12,500 Rainbow Trout, Rainbows and Browns into the lake annually. Many of the lake front property owners are seasonal residents. Nearby are the Sweitzer Mountain Ski Resort, the Mt. Spokane Ski area, Deer Park Golf Course, Horseback Riding, Mountain Bike Trails, Hiking, Swimming, Boating, and many more activities. Investment The price of $48,750 makes this property available significantly below current market value. Using the online real estate website Redfin, we established comparable sized property in the area have sold in the previous six months at a median sale price of $65,000. Development Opportunities The Sharon St. property offers unique opportunities to develop your dream home, summer cabin, or park the RV on your property. All four seasons are manifest to their fullest, with average high temperatures in July of 76 degrees and January of 38 degrees with annual rainfall is 9.57 inches. The county has the property designated as RA – 20. The Planning Department confirmed that this land use zoning allows for single-family residences, mobile homes, and licensed road-ready RVs to be used without exception. The 4.92 acres measures 822’ by 270’ is covered with Lodge Pole Pine trees and there are numerous potential building sites on the level property. A rundown late 1940’s early 1950’s homestead currently sits on the property. Property Details • Property Location: Diamond Lake area of Pend Oreille Co., Washington • Address: 102 Sharon St., Newport, Wa. • Lot Size: 5 Acres • Parcel Number: 14628 • Legal Description: 1-56 F3 LOT 4 LEESON TRACTS 06-30-45 • Utilities: Power on Sharon St. • Taxes: $203.76 Annually • General Elevation: 2600 Feet Above Sea Level • Water: Well/Alternative • Sewer: Septic/Alternative • Road: Dirt, • Phone: Mobile/Satellite/Alternative This property was purchased with title insurance and has a clean title without any encumbrances. Buyer to perform due diligence. Directions: To view the property, post the GPS 48.1356314617829,-117.156854199665 in Google maps. From Spokane: Take US 2 North, Follow US 2 N to Diamond Lake area (35.2 Miles), Turn Right Telephone Rd. (.6 Miles), Turn Right on Sharon St. (property on Right near cul-de-sac end) Contact Information Phone: 888-838-8228 Email: don.boehm7@gmail.com
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
