Originally a popular picnic ground, the park was purchased in 1892 from local capitalist J. D. Sherwood by the Spokane Railroad Company, a subsidiary of the Washington Water Power Company, with plans to turn it into a small scale Coney Island. The park, affectionately called "The Nat" flourished and literally "boomed" during World War II when servicemen stationed in the area chose it as their favorite spot for weekend liberties.

As the Fifties came to a close, times began to change. Park crowds began to thin. Rising operational costs also took their toll and in 1963, the park was sold by then owner Lloyd Vogel to El Katif Shrine Temple. The park was re-opened within a year and was kept in operation until the spring of 1968, when it closed for the last time. It is now the site of a mobile home park.