Although the hut no longer exists, the history nugget is great. On the west bank of Loon Lake was a log hut; it was once occupied by Harry Tracy, better known as “Tracy, the Bandit,” probably the most notorious outlaw of the State since the turn of the century.

Substantial white settlement in the Loon Lake area began in the 1870s founded upon an local economy of mining, agriculture, logging, lumber milling, and ice cutting. Efforts to establish a school for the community succeeded in 1889 when a local district was approved, prior to the platting of any towns in the immediate vicinity. This brick schoolhouse replaced two others and housed its first classes in 1930. Through the years, the school has also served the community by hosting a variety of community events as well as being a voting place. The Loon Lake Old Schoolhouse Museum is a 1929 brick schoolhouse that is now the home of Loon Lake Historical Society.