$459,900
701 Rae Street in Makwa
Loon Lake, Saskatchewan
2bed1bath1,390sqft
Saskatchewan
Loon Lake Real Estate
Browse homes for sale in Loon Lake • Median $144,450
$144,450Median Price
30Avg Days on Market
3Detached1Leasehold
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Homes for Sale in Loon Lake
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Showing 2 of 4 listings
About Loon Lake Real Estate
Loon Lake, located in Saskatchewan, is a picturesque community known for its natural beauty and serene atmosphere. Originally established as a settlement in the 19th century, Loon Lake has retained much of its charm and character, drawing residents who appreciate the blend of history and modern living. The town is surrounded by lush forests and pristine waters, making it a haven for outdoor enthusiasts. Its name is derived from the abundant loons found in the area, particularly around the lake that serves as the centerpiece of the town's recreational activities.
The community is characterized by its friendly, small-town vibe, where neighbors know each other and local businesses thrive. Loon Lake's economy is anchored in agriculture and tourism, with many residents involved in these sectors. The town's unique ambiance is further enhanced by its annual events, such as the Loon Lake Rodeo and the Summer Festival, which attract visitors from surrounding areas and foster a strong sense of community spirit.
One of the standout features of Loon Lake is its commitment to preserving the natural environment, making it an ideal location for those seeking a slower pace of life away from urban chaos. The area's breathtaking landscapes provide ample opportunities for fishing, hiking, and camping, appealing to families and retirees alike. The tranquil surroundings and close-knit community make Loon Lake a unique destination for buyers looking for a peaceful retreat.
2 active listings with a median price of $134,000.
Lifestyle & Community
Living in Loon Lake offers a relaxed lifestyle surrounded by nature and a vibrant community. Residents enjoy a close-knit feel, where local events, such as farmers' markets and seasonal festivals, bring everyone together. The town’s culture is rooted in outdoor activities, with many residents participating in fishing, boating, and hiking. The warmth of the community is reflected in its welcoming spirit, making it easy for newcomers to feel at home. This blend of nature and community creates a fulfilling lifestyle that many cherish.
Local Amenities
- Loon Lake Community Health Centre
- Loon Lake School
- Local grocery store
- Loon Lake Post Office
- Public library
- Community park with playground
- Loon Lake Golf Course
- Fishing spots and boat launch
- Gas station
- Local diner and restaurants
- Hiking and walking trails
Points of Interest
- Loon Lake Provincial Park
- Loon Lake Golf Course
- Loon Lake Heritage Museum
- The Loon Lake Marina
- Nearby Duck Mountain Provincial Park
- Loon Lake Community Centre
- Fishing and boating on Loon Lake
- Local art galleries
- Nature trails
Market Overview
Currently, Loon Lake's real estate market is characterized by a limited selection of active listings, with only two properties available. The median listing price stands at an attractive $134,000, making it an appealing option for first-time homebuyers and those looking to downsize. The market is stable, with a gentle rise in interest from buyers seeking serene living spaces. With a tight market, potential buyers should act quickly, as properties in this hidden gem are likely to attract attention.
Investment Outlook
Loon Lake presents a solid investment opportunity, especially for those interested in rental properties or vacation homes. Given its proximity to outdoor attractions and its growing popularity among tourists, there is potential for rental income during peak seasons. Development trends indicate a modest increase in interest towards building vacation homes and recreational facilities, making it a promising area for long-term investment.
Ideal For
Loon Lake is ideal for first-time buyers, families, and retirees who appreciate a tranquil lifestyle surrounded by nature. Investors looking for rental properties or vacation homes will also find the area appealing due to its recreational amenities and growing tourism. The small-town charm and community spirit make it a welcoming place for anyone seeking a peaceful retreat.
Living in Loon Lake
Lifestyle
Living in Loon Lake offers a relaxed lifestyle surrounded by nature and a vibrant community. Residents enjoy a close-knit feel, where local events, such as farmers' markets and seasonal festivals, bring everyone together. The town’s culture is rooted in outdoor activities, with many residents participating in fishing, boating, and hiking. The warmth of the community is reflected in its welcoming spirit, making it easy for newcomers to feel at home. This blend of nature and community creates a fulfilling lifestyle that many cherish.
Local Amenities
Loon Lake Community Health CentreLoon Lake SchoolLocal grocery storeLoon Lake Post OfficePublic libraryCommunity park with playgroundLoon Lake Golf CourseFishing spots and boat launchGas stationLocal diner and restaurantsHiking and walking trails
Market Insights
Currently, Loon Lake's real estate market is characterized by a limited selection of active listings, with only two properties available. The median listing price stands at an attractive $134,000, making it an appealing option for first-time homebuyers and those looking to downsize. The market is stable, with a gentle rise in interest from buyers seeking serene living spaces. With a tight market, potential buyers should act quickly, as properties in this hidden gem are likely to attract attention.
Investment Potential
Loon Lake presents a solid investment opportunity, especially for those interested in rental properties or vacation homes. Given its proximity to outdoor attractions and its growing popularity among tourists, there is potential for rental income during peak seasons. Development trends indicate a modest increase in interest towards building vacation homes and recreational facilities, making it a promising area for long-term investment.
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
$0 – $200K
4
$200K – $400K
2
$400K – $600K
3
$600K – $800K
2
$1.0M – $1.5M
1
Explore More in Loon Lake
Loon Lake Market ReportPrices, trends & analysisCost of Living in Loon LakeHousing, rent & expensesAffordability CalculatorFind out how much you can affordMortgage CalculatorEstimate monthly paymentsSchools in Loon LakeSchools & ratings nearbyTransit in Loon LakeStops & stations nearbyParks in Loon LakeParks & recreation nearby
Frequently Asked Questions About Loon Lake
How many homes are for sale in Loon Lake?
There are currently 4 active residential listings in Loon Lake. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.
What is the median home price in Loon Lake?
The median list price for homes in Loon Lake is $144,450. Actual prices vary by property type, size, and neighbourhood. Use the filters above to narrow your search by price range.
What types of properties are available in Loon Lake?
Properties available in Loon Lake include Detached (3), Leasehold (1). You can filter by property type using the search options on this page.
How long do homes stay on the market in Loon Lake?
Homes in Loon Lake spend a median of 30 days on market. This can vary depending on price range, property type, and local market conditions.
How often are listings updated for Loon Lake?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.
Are there neighbourhood-level listings for Loon Lake?
Yes. You can browse homes in specific neighbourhoods within Loon Lake using the area links on this page. Each neighbourhood page includes local stats, pricing data, and property details.