Lost Lake Resort Unit # 11
Olympia, WA
Asking price
$289,999
Sites
—
Cap rate
—
Price / site
—
About this property
PRICE REDUCTION! Welcome to 2 Eagle Drive, a charming park model cabin offering comfort, character, and extra living space in the desirable Lost Lake Resort community. The extended living room creates a spacious feel, complemented by a cozy loft overlooking the main living area. Enter through beautiful French doors into a warm and inviting interior featuring a built-in fireplace, rich walnut cabinetry, and pine walls that add rustic charm. The kitchen is equipped with a propane range, refrigerator, microwave, portable dishwasher, and ample cabinet space. Recent updates include a new furnace and hot water tank for added peace of mind. The spacious storage shed provides plenty of room for your outdoor gear and offers the potential to add a washer and dryer. Whether you're searching for a weekend retreat or a full-time residence, you'll enjoy outstanding resort-style amenities including a clubhouse, private stocked lake, indoor and outdoor swimming pools, fitness center, sports courts, putt-putt golf, game room, scenic walking trails, and gated entry. Move-in ready and waiting for you—schedule your private s
All details
Figures are transcribed from the source listing as published. “Source page last checked” is when our crawler last fetched that page — it is not a check of the financials and not confirmation from the broker.
| Asking price | $289,999 |
|---|---|
| Address | 1546 Reservation Road Southeast |
| First seen by UnitListed | Sep 6, 2026 |
| Source page last checked | Oct 24, 2026 |
| Source last changed | Oct 8, 2026 |
Before you call the broker
8 things are not disclosed on this listing. These are the questions that would close the gap — specific to a park, not a generic list.
Net operating income — not disclosed
What is the trailing twelve-month NOI, and what does it include and exclude?
The single number a lender will size debt against. Ask what is excluded — management fees and reserves are the usual omissions.
What period the financials cover — not disclosed
Are these figures trailing twelve months, last calendar year, or projected?
A projected stabilised NOI and a current operating NOI can differ by a third, and both get called "NOI".
Gross income and operating expenses — not disclosed
Can you share a trailing twelve-month profit and loss, with the expense lines itemised?
NOI alone hides whether income is high or expenses are being under-reported. The split is what you underwrite.
Reason for sale — not disclosed
Why is the owner selling, and how long have they held it?
Never published on a listing, always worth knowing. Retirement and a looming capital bill are very different situations.
Site count and hookup mix — not disclosed
How many sites are there, and how many are full-hookup, partial or tent?
Full-hookup sites earn a multiple of what a tent site does. The count alone does not tell you the income.
Operating season and seasonal mix — not disclosed
Is this year-round or seasonal, and what is the split between seasonal, monthly and transient guests?
A seasonal park with a five-month window is a different business from a year-round one at the same annual revenue.
Utility infrastructure — not disclosed
Are water, sewer and electric municipal or private, and what condition is the infrastructure in?
A private septic or well at end of life is a capital item that can exceed a year of NOI, and it will not appear in the expenses.
Permits and non-conforming use — not disclosed
Is the current site count permitted, and is any of it legal non-conforming?
A park operating more sites than it is permitted for cannot be financed at the income it shows.
Asking price — disclosed
Currency of the asking price — disclosed
Whether the land is included — disclosed
What has changed
Every date below is when we observed a change, not when it happened. We first saw this listing on Sep 6, 2026; that is not the same as when it came to market, and we have no way to know the latter.
- Oct 8, 2026Price reduced$309,000 → $289,999
- Oct 8, 2026Price reduced
- Sep 6, 2026First seen by UnitListed
