Spokane Journal of Business

Shore Acres Resort is under new ownership

70-year-old Loon Lake property sold last month

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The Shore Acres Resort, located on Loon Lake, has changed hands.

Katy and Jim Byrnes, of Spokane, completed their purchase of the 3-acre property for $920,000 last month. Katy Byrnes says her grandparents honeymooned at Shore Acres more than 50 years ago, and her family occasionally vacationed there.

“We want to bring it back to being a place where families are going to come every year,” she says. 

Robert and Shirley Overton had owned Shore Acres Resort for most of the last three decades, she says.

“They had it for 10 years and then sold it under contract to somebody else, who then lost it, and it went back to the Overtons for another 10 years,” Byrnes says.

The 11 cabins, Laughing Loon cafe, country store, and assorted outbuildings will not undergo major renovation, but “facelifts” are planned for many of the buildings, she says.

“We want to maintain the old-fashioned feel while still updating it,” Byrnes says. “We aren’t changing the structural integrity of the cabins — they’ve been here since 1946 — we’re just cleaning, updating, and getting it to a place of better functionality.”

The resort has 25 recreational vehicle sites, and Byrnes says more are to be added later this summer.

The Laughing Loon cafe will have limited hours until mid-June, she says, at which point the cafe will be open for lunch and dinner seven days a week.

Byrnes says the resort will continue to rent out watercraft, including kayaks, motorboats, and pontoon boats. She says the resort will sell season passes to families for day-use rentals.

Joel Crosby, of Coldwell Banker Tomlinson Commercial, in Spokane, handled the transaction.

Virginia Thomas
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Reporter Virginia Thomas has worked at the Journal since 2017 and covers the banking and finance industries. As a reporter, she loves learning about Spokane's many growing industries. She enjoys travelling with her husband, snuggling with her cats, and cross stitching.

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