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226 Lost River Road, Mazama, WA, 98833

4beds
3baths
3,100sqft
$1,499,950
$484price/sqft
$9,800/moest. monthly cost
$392,000/yrincome needed

About This Home

Mazama development opportunity! 17+/- acres, one existing home, and four future building lots just 2.5 miles from the Mazama Junction. Open meadow, lightly forested, legal nightly rental, adjoining public land, w/ the Methow Trail system running through the land. The primary residence, approximately 3,100 square feet, includes a spacious great room, commercial-sized kitchen, 4 bedrooms, and 2.5 baths. Rich with character, this classic lodge showcases wraparound decks, old-growth wide plank floors, exposed beam ceilings, and a striking river rock hearth—ready for remodeling as a mountain retreat or year-round base camp. Supporting improvements include a 4-car garage, wood-fired sauna, walk-in cooler/freezer, private well and septic system, and a charming meadow cabin. A new 70gpm Group B well was installed in June 2026 and will serve the four additional building sites, accessed from a separate driveway. On the lower bench of the property, a warehouse, kitchen and dining facility, storage buildings, and multiple sleeping cabins provide additional flexibility. Formerly home to the NW Outward Bound School, the existing structures offer options for renovation, relocation, repurposing, or salvage. Following closing, Buyer may pursue lot line modifications to reconfigure building envelopes. Five separate tax parcels could be created upon Buyer completion of final county development requirements, including road improvements and installation of the water system serving the lower lots.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

6/10
8/10

Construction

Condition

  • Year built: 1994

Materials

  • Foundation: Poured Concrete
  • Roof: Metal
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: 2 Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Washer(s),Water Heater: electric x 2,Water Heater Location: in closet off of kitchen

Basement

  • Basement: None

Bathroom Full

  • Level: Second

Bathroom Full

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Den Office

  • Level: Second

Features

  • Bath Off Primary,Pantry
  • Window features: Dbl Pane/Storm Window
  • Flooring: Ceramic Tile,Softwood,Vinyl,Carpet
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning,Main Level: 1,Fireplace
  • Fireplace: Yes

Great Room

  • Level: Main

Heating & Cooling

  • Heating features: Fireplace,Baseboard,Stove/Free Standing,Electric,Propane,Wood
  • Cooling features: None

Interior Area

  • Total structure area: 3,100
  • Total interior livable area: 3,100 sqft

Kitchen With Eating Space

  • Level: Main

Master Bedroom

  • Level: Second

Other

  • Level: Main

Property

Details

  • Parcel number: 9100410000
  • Zoning: MRD-5
  • Zoning description: Jurisdiction: County
  • Special condition: Standard
  • Other equipment: Leased Equipment: propane tank

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Bath Off Primary,Dbl Pane/Storm Window,Fireplace,Pantry,Water Heater
  • Has view: Yes
  • View description: Mountain(s),Territorial
  • Topography of land: Terraces
  • Residential vegetation: Wooded

Lot

  • Lot size: 19.42 Acres
  • Features: Deck,Outbuildings,Propane

Parking

  • Total spaces: 4
  • Parking features: Detached Garage
  • Has garage: Yes
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Wildfire
    WildfireVery High
  • Landslide
    LandslideRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Avalanche
    AvalancheModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Inland Flooding
Wildfire
Landslide
Winter Weather
Avalanche
Lightning

FEMA Declared Disasters in Okanogan County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,584$91,008
Home Insurance *$997$11,964
Property Taxes $1,007$12,084
Electricity $212$2,544
Total$9,800$117,600
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$336,000/yr
40% on housing$294,000/yr
45% on housing$261,333/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.7%
14.7%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.9%
0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$484This listing

vs Other Active Listings

Avg $/sqft

ZIP 98833$407
Okanogan County$203

vs Homes Sold Last Month

Median $/sqft

ZIP 98833
Okanogan County$233

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-22Listed for sale$1,499,950

For Sale by Agent

AgentHeather Marrone
BrokerageBlue Sky Real Estate, LLC

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