Estate / Development / Investment Property - Idaho

Sandpoint, ID (Bonner County)
Asking Price: $5,600,000
Real Estate Details
Listed on Jun 12, 2023(Renewed on Nov 16, 2024)

IDEAL REAL ESTATE INVESTMENT PROPERTY for estate, division into 16 lots or development of 24 unit housing development. Eight acres located within the city limits of beautiful Sandpoint, Idaho. AT THE BASE OF SCHWEITZER MOUNTAIN RESORT and near Lake Pend O'reille. Location does not get much better than this. Property is zoned Residential A. Beautifully forested with a Class A clean water trout stream running through the property. Wildlife including deer, moose and bald eagles. Ideal estate piece or to develop housing units. Can build up to 24 cottage houses or subdivide the property and sell lots. City water and sewer. This is one of the last development properties of its size within the city limits. Build your dream home, second home and/or guest cabins.

AMONG THE SAFEST PLACES TO LIVE IN THE UNITED STATES.
Sandpoint is a very friendly, relaxed town. Great for people who love fresh air, clean water and nature. The area is very conservative in a deep red state. Property taxes are low. Crime rate is low. Activities include skiing, water sports, live music, performing arts, fine dining, etc. A great place to raise a family, retire, build a getaway, fallout shelter or just invest in property that is rapidly appreciating in value. A rare find in the gem state.

change currency

Financials (USD)

Net Operating Income (Annual) Not Disclosed

Asking Price $5,600,000

Cap Rate Available On Request

Additional Details

Street Address Jenny Lane

Percent Occupied 0%

Land Area 8.00 Acres

Zoning Residential A

Deal Terms

Who is Listing the Property? Owner

Broker Co-Op? No

Seller Financing Available? No

Seller Willing To Lease? No

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.

Request Information

Want to learn more about this listing? Log in now. New to DealStream? Discover how artificial intelligence can help you find better deals! Sign up for a Free Account today and get your first Search Genius deal tomorrow.

Sign Up

DealStream Awards & Reviews

More Listings Like This
Resources For Entrepreneurs