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Jon Stagnitti
Jon Stagnitti
Land & Wildlife
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Sunbanks Lake Resort

57662 Hwy 155N, Electric City, Washington 99123 - Grant County
$10,250,000 197 Acres
Property ID 2842135

Description

Sunbanks Lake Resort offers a unique real estate investment opportunity. Situated in North Central Washington, on the shores of beautiful 27-mile long Banks Lake, Sunbanks includes villas, cabins, rv sites, tent sites, a marina, lodge, store, restaurant, lounge and mini golf.
A holding reservoir created as part of the Columbia Basin Project, Banks Lake?s temperatures, consistent water levels and setting amidst the Grand Coulee Natural Landmark provide the perfect backdrop for incredible vacation and recreation opportunities.
Diverse lodging and camping options, watersports, outdoor recreation, family fun and the semi-annual Sunbanks Rhythym & Blues Festival, now in its 20th year, are some of the many draws. Nearby Grand Coulee Dam Airport, offering a 4200? asphalt runway, and Banks Lake Golf & Country Club offer convenient travel and additional amenities. With numerous acres of development potential, Sunbanks Lake Resort is a scalable, full-service resort offering with opportunity for short and long-term income growth and return on capital investment for next owners.

+/- 197 Leased Acres (Washington State DNR), Approximately 19 acres developed
Lodge, restaurant, lounge, espresso stand, office and store
7 five-bedroom, 4 two-bedroom, 10 one-bedroom villas
20 cabins, 4 beach-front cottages, 5 Spanish-style villas
16 RV sites with full hook-ups, 87 with electric/water
83 Tent sites. 50 Marina slips

Expansive Room for Further Development!
Call for prospectus.

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