Acreage, Lake Access, Wooded Lot
10 Wooded Acres Between Two Lakes, DNR Access, Utilities In — $150,000
7
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 8 | 10 wooded acres, dual-lake corridor, DNR access, full utilities, R5 zoning |
| Condition | 25% | 5 | Cabin described as "needing some improvements" — unknown systems, year built missing |
| Price / Sq Ft | 15% | 8 | Listing $138/sqft vs zip median $246/sqft (44% below); thin 6-comp data, directional |
| Price vs. Market | 5% | 10 | $150K vs $514K zip median — 71% below; zip likely skewed by acreage sales |
| Market Conditions | 5% | 6 | DOM 9 vs median 32; 41.9% price drops signals buyer leverage; sale-to-list 96.7% |
The land is the thing here. Ten wooded acres sitting between Sacheen Lake and Davis Lake, with over 3,000 acres of DNR land directly accessible from the property. That kind of setup — two lakes close, public wilderness adjacent, 45 minutes from Spokane — takes real searching to find, and it almost never shows up at $150,000.
The infrastructure is already done. Power is connected, a well is established, and a two-bedroom septic system is approved and installed. That last part matters more than it sounds. Getting a septic system permitted and in the ground on raw acreage can cost $15,000 to $30,000 or more and can take months to clear regulatory hurdles. Here it's already handled. The R5 zoning allows for residential development, so you could build something permanent while the existing cabin gives you a place to be on the land in the meantime.
About that cabin: it's 1,091 square feet, one bedroom, one bath, and the listing acknowledges it needs work. No year built is listed, systems are unknown, and "needs some improvements" in agent copy can mean a lot of things. You'd want to walk through it carefully and budget for the possibility that it needs more than cosmetic attention. The land would carry this investment without the cabin. With a livable cabin it's a better deal. With a cabin that needs serious work, you're still looking at a strong land buy with a project attached.
The acreage is described as flat, which on wooded land in this part of Washington is worth noting. Flat wooded acreage is easier to build on, easier to clear selectively, and easier to use. The property has been on the market for 9 days, which is fast for a rural parcel. Comparable sales in the zip are thin, but at $138 per square foot against a zip median of $246, and $150,000 against a zip median closer to $514,000, the price is low by any reasonable read.
For someone who wants to hunt, build, camp, or eventually put a proper house on land that backs up to thousands of acres of public wilderness near two lakes, this is the kind of parcel that makes the math work.
