30-acre Lolo School building, property sold to California home-building company

David Erickson

The Lolo School District has sold its 30-acre school building and property for $4.1 million.

The district broke ground this spring on a new $26 million, K-8 building, which will open on Farm Lane in 2023. Voters in the district passed a $22.1 million bond in 2020 to help pay for a much-needed new facility. The school will use the proceeds from the sale of the old building, the bond money, and some federal COVID-related funding to pay for the new school.

The sale of the old building closed on June 15, according to a press release from the district.

“The school will begin to lease the property until it moves into the new building,” explained district superintendent Dale Olinger. “The new building is presently under construction with a target completion date of September 2023.”

Lolo voters also approved the sale of the old property in 2020.

It’s not clear what will happen to the prime property in the middle of the community.

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“The buyer has not provided a firm plan for the property but will likely begin to develop one now that the sale is complete,”

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