$695,000
$695,000
For more information regarding the value of a property, please contact us for a free consultation.
503 Cedar St ##201 Sandpoint, ID 83864
2 Beds
2 Baths
1,187 SqFt
Key Details
Sold Price $695,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,187 sqft
Price per Sqft $585
MLS Listing ID 25-1629
Sold Date 06/20/25
Style Multi-Level
Bedrooms 2
HOA Y/N Yes
Year Built 2023
Annual Tax Amount $3,205
Tax Year 2024
Lot Size 0.350 Acres
Acres 0.35
Property Sub-Type Condominium
Source Coeur d'Alene Multiple Listing Service
Property Description
Maximize Your Investment Potential in Sandpoint's Growing Vacation Rental Market at 5th & Cedar! Unlock the potential of Sandpoint's thriving vacation rental market with 5th & Cedar, a luxurious urban retreat offering prime revenue opportunities. Ideally located downtown, this turnkey investment is zoned for commercial vacation rentals, providing flexibility and maximizing ROI. Designed for effortless management with eco-friendly systems, a private elevator, and secure garage, it ensures seamless guest experiences. Scandinavian-inspired interiors, modern amenities like Quartz countertops, GE Café appliances, a gas fireplace, and heated bathroom floors elevate comfort and style. The rooftop deck, featuring a hot tub, fire table, and stunning lake and mountain views, boosts guest appeal, making 5th & Cedar the ultimate high-yield rental property in Sandpoint.
Location
State ID
County Bonner
Area North (Bonner & Boundary)
Zoning Commercial
Direction SW corner of 5th Avenue and Cedar Street. Parking entrance on Cedar Street. Additional parking in lot in front of Fosters Crossing.
Rooms
Basement None, Slab on grade
Interior
Interior Features Dryer Hookup - Elec, Gas Fireplace, Handicap Facility, High Speed Internet, Washer Hookup, Mini-Split A/C
Heating Electric, Natural Gas, Radiant, Heat Pump, Fireplace(s), Mini-Split
Exterior
Exterior Feature Covered Patio, Curbs, Fire Pit, Landscaping, Open Deck, Sidewalks, Spa/Hot Tub, Sprinkler System - Back, Sprinkler System - Front, Handicap Access
Parking Features Det Garage
Garage Description 1 Car
View Mountain(s), Lake, City, Neighborhood
Roof Type Metal
Attached Garage No
Building
Lot Description Corner Lot, Level
Foundation Slab
Sewer Public Sewer
Water Public
Schools
School District Lk Pend Oreille - 84
Others
Tax ID RPS389700002A0A
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Evergreen Realty