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40 E Wannacut Lane, Oroville, WA, 98844

2beds
1baths
808sqft
$398,980
$494price/sqft
$2,652/moest. monthly cost
$106,080/yrincome needed

About This Home

This Cozy Cabin Retreat sits just above the sparkling waters of Wannacut Lake - a charming 2-bedroom, 1-bath getaway surrounded by mature trees, natural beauty, and peaceful lake views. Set on 3.5 usable and walkable acres, the property offers privacy, room to roam, and a true connection to nature. Frequent wildlife sightings, deer, birds, and other local visitors, make this an ideal escape for nature lovers. Enjoy easy access to Wannacut Lake’s public access just below the property, perfect for swimming, kayaking, fishing, or simply relaxing by the water. The cabin is being sold turn-key (minus select personal items), allowing you to start enjoying it right away. An additional outbuilding provides excellent potential for a bunkhouse, studio, or guest space, giving you flexibility for hosting friends. Whether you’re seeking a serene weekend getaway, a vacation rental, or a full-time retreat, this special property offers privacy, land, lake views, and abundant natural surroundings in a highly desirable setting. And at the end of the day, settle in with your favorite beverage and watch the sun melt into the horizon over Lake Wannacut—your own private front-row seat to the perfect sunset.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

5/10
5/10

Construction

Condition

  • Property condition: Very Good
  • Year built: 2014

Materials

  • Foundation: Poured Concrete
  • Roof: Metal
  • Construction materials: Cement Planked,Cement Plank

Other

  • Builder name: Dave Gasho

Type & Style

  • Home type: SingleFamily
  • Architectural style: 1 Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer,Dryer(s),Microwave(s),Refrigerator(s),Washer(s),Water Heater: Electric,Water Heater Location: closet

Basement

  • Basement: None

Bathroom Three Quarter

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

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

Entry Hall

  • Level: Main

Features

  • Window features: Dbl Pane/Storm Window
  • Flooring: Laminate
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning,Main Level: 1,Fireplace
  • Fireplace: Yes

Heating

  • Heating features: Fireplace,Forced Air,Electric

Interior Area

  • Total structure area: 808
  • Total interior livable area: 808 sqft

Kitchen With Eating Space

  • Level: Main

Living Room

  • Level: Main

Property

Details

  • Parcel number: 4170160000
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Dbl Pane/Storm Window,Fireplace,Water Heater
  • Has view: Yes
  • View description: Lake,Territorial
  • Has water view: Yes
  • Water view: Lake
  • Topography of land: Level,Partial Slope,Sloped
  • Residential vegetation: Wooded

Lot

  • Lot size: 3.45 Acres
  • Features: Dead End Street,Secluded,Deck,Gated Entry,High Speed Internet,Outbuildings,Patio

Parking

  • Parking features: Driveway

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
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Avalanche
    AvalancheModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Lightning
Wildfire
Winter Weather
Avalanche
Hail
Heat Wave
Landslide

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 $2,017$24,204
Home Insurance *$199$2,388
Property Taxes $287$3,444
Electricity $149$1,793
Total$2,652$31,824
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$90,925/yr
40% on housing$79,560/yr
45% on housing$70,720/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

$494This listing

vs Other Active Listings

Avg $/sqft

ZIP 98844$167
Okanogan County$206

vs Homes Sold Last Month

Median $/sqft

ZIP 98844
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
2026-04-18Listed for sale$459,800
2007-05-09Sold$44,100

For Sale by Agent

AgentShayne Thacker
BrokerageCB Cascade RE - Oroville

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