Pending · Residential

226 Lost River Road , Mazama, WA 98833

Mazama, WA 98833

$1,499,950

4 bedrooms · 3 bathrooms · 3,100 sq ft

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Listing provided by Blue Sky Real Estate, LLC · MLS #2555541 · Pending

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About this property

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.

Property details

Property type: Single Family Residence
Year built: 1994
Lot size: 845,935 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $12,822 (2026)
Parking spaces: 4
School district: Methow Valley

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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