Loon Lake is a 1100 acre lake located in Stevens County, Washington, 30 mi north-northwest of Spokane, Washington at an elevation of 726 m. The lake is about two miles wide, one mile long, and has a maximum depth of 100 ft. Loon Lake was named for the wild loons near the water.

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Loon Lake is a popular destination for water-based recreation including swimming, fishing, boating, kayaking, sailing, water skiing and jet-skiing. Its shores are lined with numerous cabins. The cabins are used primarily as weekend retreats and vacation cottages, but some are occupied year-round. An unofficial boat parade occurs every 4th of July, wherein lake residents and visitors decorate their boats and move in procession around the edge of the lake. The town of Loon Lake, Washington lies immediately to the north of the lake.