$870,000
For Sale

503 Cedar Street ##203

Sandpoint, ID 83864
1590 sqft | 2 beds | 0.35 acres | #24-7379
Browse 27 photos
Type:Purchase
Structure:Condo
Zone:Residential

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. mechanical systems. Whether for a primary residence or second/vacation home - #203 is a perfect addition to your real estate portfolio with lock and leave convenience. 1031 Exchange Investors would find this a turn key option as well.

  • Property Details
      • Exterior MaterialsCovered Patio, Curbs, Fire Pit, Landscaping, Lighting, Open Deck, Paved Parking, Sidewalks, Spa/Hot Tub, Sprinkler System - Back
      • InteriorDryer Hookup - Elec, Gas Fireplace, High Speed Internet, Security System, Washer Hookup, Mini-Split A/C
      • ViewMountain(s), Territorial, City, Neighborhood
      • Lot DescriptionCorner Lot, Level, Southern Exposure
      • School DistrictLk Pend Oreille - 84
      • BasementNone, Slab on grade
      • Sewer InformationPublic Sewer
      • Property SubtypeCondominium
      • Property TypePurchase
      • Original List Price$999,000
      • MLS #24-7379
      • MLS #24-7379
      • Utility SourcePublic
      • CountyBonner
      • Cost870000
      • Acres0.35
      • Square Feet1590
      • Year Built2023
      • FoundationSlab
      • SubdivisionN/A
      • Bedrooms2

Location

Debbie Taylor | The Agency Coeur d'AleneReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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