Whitney Land Company
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Silver Lake Property
Medical Lake, Oregon
Price $ 2,500,000.00
Spokane County, Medical Lake area – 10 miles south of Spokane, Washington.
450+/- acres bordering and between I-90, 10 miles south of Spokane, Washington and Silver Lake.
The ranch has remained in the same family ownership for nearly 70 years and was a dairy and farming operation previously. Today the owners are retired and the dairy ceased operating several years ago. Currently, the owners have about 30 pair of cattle, and farm about 200 acres of dryland alfalfa (2 ˝ - 3 TN yield acre). The balance is in timber, rangeland, and two small lakes within the land holding. Additionally, the property borders over one mile on the east side and south end of Silver Lake, which is a 4-mile-long lake.
The property borders Silver Lake for one mile. When the lake level was raised by Spokane County in the 1950s, several acres went under water. However, today there is an island in Silver Lake that still shows on the tax maps as belonging to the owners. The map also indicates the actual ownership before the water level was raised.
The owners make no representation of the “underwater” lands or on the island ownership. Interested parties will need to research that to their own satisfaction.
Land Use Zoning:
83 agricultural RCW 84.34
1040 Medical Lake
The property has 24 tax lots, and within these tax lots is a previously 1908 platted subdivision of approximately 96 lots.
Platted Sylvan Addition Subdivision:
Within the property tax lots are an additional 96 lots that were platted in 1908 and, according to Spokane County, are still valid lots today. The platted area is called the Sylvan Addition to Meadow Lake, Washington.
1 residence – 2,705 square feet, 4 bedrooms, 1.5 bathrooms
8 other outbuildings – previous dairy buildings
There is a combination of both high-bank and low-bank frontage on Silver Lake for beautiful home sites.
Points of Interest:
There are two existing domestic wells, both about 100 feet deep, which prove sufficient for domestic use.
The lakes hold waterfowl, but no fish except in Silver Lake. There are deer and turkeys within the property.
Lakes Within the Property:
Duck Lake – Consisting of about 5 acres
Davis Lake – Consisting of about 1.5 acres
Silver Lake – Bordering the property for 1 mile – a 4-mile-long lake
Resource Lands, Spokane County:
The land is currently zoned as LTA (Large Tract Agricultural) which allows for residential density of one unit per 40 acres and the residential uses should be associated with farming operations. (County zoning language.) Review Spokane County Land Use – revised March 2015, Chapter 14.616 Resource Lands.
Please contact The Whitney Land Company office to schedule a showing. A listing agent must be present at all times to tour the property.