26 S. Lake Loop Rd, Oroville, WA, 98844

Offered at $5,990,000

Tax Parcels: 4027220144 & 402720159

Oroville Washington is a recreational and agricultural paradise located just 4 miles south of the Canadian Border on Highway 97. Here, the green pastures and fruit orchards of the valley floors are contrasted with rugged cliffs and glacial features of Okanogan County for a uniquely stunning setting with amazing views.

Lake Osoyoos is known as one of the warmest and cleanest lakes in the Northwest. There are several public parks and beaches with lakefront access for family gatherings and summertime fun. International boating exists for trips across the Canadian border into the British Columbia wine country also known as the Mediterranean area of Canada.

The subject property is located at the southern end of Lake Osoyoos which is a 4.5-hour very scenic drive from Seattle; and a one-hour drive south of Kelowna BC. 

This development site “For Sale” 26 S. Lake Loop Road is 15 acres of low bank lakefront; zoned R3 which allows up to 23.4 units/doors per acre. This is a tremendous and rare development opportunity to create a premium lakefront community for up to 350 condo and/or apartment units with spectacular lake access and territorial mountain views.

Currently, there are two occupied rental houses on the property to maintain a rental income until the development starts. 

And next door is the newly developed Sandalia Residential Community; and just 3 miles up the lake is the renowned Resort Community of Veranda Beach with many amenities. This resort has a long history of vacation rentals and repeat annual visitors. 

Future residents of this community will be able to enjoy a wonderful and active lifestyle including boating, fishing, skiing, hiking, biking, camping, horseback riding, and golfing.

AND, within a ten-minute drive, there are also numerous wineries to visit with fine dining within the British Columbia Wine County.

For additional excitement, there is the annual Omak Stampede just 40 minutes to the south. This famous Rodeo Event attracts visitors from all over the country.

Although there is a small airport in Oroville, there is also a larger airport in Omak suited for chartered planes and jets.

This residential development site is within the city limits and serviced by all the utilities of water, sewer, and electrical power and is ready for your design plans. Don’t miss one of the last great lakefront development opportunities of the northwest.