503 Cedar Street, Unit 201

Sandpoint, ID 83864

$695,000
Price
2
Beds
2
Baths
1,187 Sq. Ft.
$586 / Sq. Ft.
1,187
Sq. Ft.
$586
per Sq. Ft.

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...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 Cafe 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.
  1. Listed by Chris Chambers • Tomlinson Sotheby's International Realty (Idaho)

Property Details for 503 Cedar Street, Unit 201

View
City, Mountain(s), Neighborhood, Lake
Subdivision
N/A
Garage Type
Det Garage
Architectural Style: Description
Scandinavian Contemporary
LISTING UPDATED: 11/15/2024 08:11 AM

Property Details for 503 Cedar Street, Unit 201

StatusActive
MLS #24-1341
Days on Market278
Taxes$4,600 / year
HOA Fees$600 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Residential - Condo/Townhome
Year Built2023
CountyBonner County

Building Information for 503 Cedar Street, Unit 201

Building/Complex503 Cedar StFloor-Stories-Residences-Pet Policy-Year Built2023

Property Information for 503 Cedar Street, Unit 201

Summary
Location and General Information
  • City: Sandpoint
  • State/Province: Idaho
  • County: Bonner
  • Postal Code: 83864
  • Geo Lat: 48.275711
  • Geo Lon: -116.553953
  • Zoning: Commercial
  • Directions: SW corner of 5th Avenue and Cedar Street. Parking entrance on Cedar Street. Additional parking in lot in front of Fosters Crossing.
  • Neighborhood Grid #: 440
  • Association Fee Includes: Maintenance Grounds, Trash, Water, Snow Removal, Sewer
  • Absolute Longitude: 116.553953
Taxes and HOA Information
  • Taxes: $4,600.00
  • Parcel Number: RPS389700002A0A
  • Tax Year: 2023
  • AIN/Tax Bill: 13934
  • Taxes Reflect 1: Lot Only
School Information
  • School District: Lk Pend Oreille - 84
Parking
  • Garage Stall: 1 Car
Virtual Tour
Property
Lot Information
  • Area: North (Bonner & Boundary)
  • Total SqFt.: 1187.0
  • Building Style: Multi-Level
  • Lot Acres: 0.35
  • Lot Type 1: Commercial
  • SqFt Source: Builder Plans
  • Lot Features: Corner Lot, Level
Property and Assessments
  • Picture Count: 27
  • Document Count: 10
  • Builder Name: .
  • Year Built: 2023
  • Legal: 22-57N-2W FOSTERS CROSSINGS LOT 2A REPLAT
  • REO: No
  • New Construction: Yes, completed
  • Property Subject to: CC&Rs: Yes
  • Property Subject to: Homeowners Assoc: Yes
  • Property Subject to: HOA Name: 5th and Cedar
  • Property Subject to: Frequency: Monthly
  • Property Subject to: Association Fee: 600
  • Property Subject to: LID: No
  • Property Subject to: Non-Mtg Lien: None
  • Property Subject to: Flood Zone: No
  • Property Subject to: Aircraft Flight Zone: No
  • Property Subject to: Fire Protection Dist: Yes
  • Personal Property Included: Pers Prop Included: All Appliances and F
  • Real Property Excluded: Real Prop Excluded: None
  • Miscellaneous: Section: 22.0
  • Miscellaneous: Town: 57N
  • Miscellaneous: Range: 02W
  • Miscellaneous: Range Direction: WBM
  • Construction: Post & Beam
  • Realtor.COM Type: Residential - Condo/Townhome
Utilities
  • Water: City
  • Sewer: City Sewer
Interior and Exterior Features
Exterior Features
  • Exterior: Brick, Steel, Wood
  • Exterior Features: Covered Patio, Spa/Hot Tub, Sprinkler System - Front, Sprinkler System - Back, Sidewalks, Open Deck, Landscaping, Handicap Access, Fire Pit, Curbs
  • Road: Paved, Public Maintained Road
  • Roof: Metal
Interior Features
  • Total Bedrooms: 2
  • Total Bathrooms: 2.0
  • Kitchen Amenities: Counter Type: Quartz
  • Basement: None, Slab on grade
  • Flooring: LVP, Tile
  • Appliances: Dishwasher, Range/Oven - Gas, Refrigerator, Microwave, Freezer, Electric Water Heater, Dryer, Electric, Disposal
  • Common Walls: 1 Common Wall
  • Foundation: Slab
  • Fuel: Electric, Gas
  • Heating: Fireplace, Mini-Split, Radiant, Heat Pump
  • Interior Features: Dryer Hookup - Elec, Mini-Split A/C, Washer Hookup, Security System, High Speed Internet, Handicap Facility, Gas Fireplace
Room Information
Rooms per Level: 1st Floor
  • Living Rm: 1
  • Kitchen: 1
  • Bedroom(s): 2
  • Bath: 2
  • Laundry: 1
Rooms per Level:
  • N/A: N/A
Multi Family
Income & Expenses
  • Income Producing: No

Property History for 503 Cedar Street, Unit 201

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 503 Cedar Street, Unit 201

This home is within Lake Pend Oreille School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 7 to 12
Public - 9 to 12
Rating
School
Distance
Farmin Stidwell Elementary School
PublicPK to 6

Sandpoint Middle School
Public7 to 8

Sandpoint High School
Public7 to 12

Lake Pend Oreille Alt High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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503 Cedar Street, Unit 201 is a condo for sale in Sandpoint, ID 83864. This property was listed for sale on February 23, 2024 by Tomlinson Sotheby's International Realty (Idaho), it's currently listed at $695,000. This listing's school district is Lake Pend Oreille School District. Nearby schools include Farmin Stidwell Elementary School, Sandpoint Middle School and Sandpoint High School. 503 Cedar Street, Unit 201 is a 2-bed, 2-bath, 1,187 sqft condo built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Tomlinson Sotheby's International Realty (Idaho)

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