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Nick Shriner

nickshriner@windermere.com +1(208) 916-1677

$ 895,000

Est. payment | -/mo

2 Beds

2 Baths

1,590 SqFt

Save Virtual Tour

$ 895,000

Est. payment | -/mo

Save Virtual Tour

2 Beds

2 Baths

1,590 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,590 sqft

Price per Sqft $562

MLS Listing ID 26-6385

Style Condo

Bedrooms 2

HOA Y/N Yes

Year Built 2023

Annual Tax Amount $439

Tax Year 2025

Lot Size 0.350 Acres

Acres 0.35

Property Sub-Type Condominium

Source Coeur d'Alene Multiple Listing Service

Property Description

Investor opportunity in the heart of downtown Sandpoint, where comparable residences within the building have demonstrated strong short-term rental performance and five of the six residences are investor-owned. This level of investor ownership reflects the building's proven appeal as both a luxury residence and income-producing asset. As the final residence available in the highly sought-after 5th & Cedar development, #203 offers a rare opportunity to combine income potential, personal use flexibility, and long-term appreciation. This 1,590-square-foot luxury condominium features one of the largest floor plans in the building, with a spacious open-concept design, primary en-suite, guest bedroom, full bath, detached garage, EV charging, high-speed internet, secure building access, and elevator service. Guests and owners enjoy premium rooftop amenities including a hot tub, fire table, outdoor TV, BBQ area, and lake views. Located in downtown Sandpoint's most walkable district, restaurants, shopping, coffee shops, City Beach, Lake Pend Oreille, and the Farmers Market are just steps away. With limited hotel inventory in downtown Sandpoint and strong demand for high-quality vacation rentals, properties like this continue to attract both visitors and investors. Schweitzer Mountain Resort, the region's premier year-round destination, is only 25 minutes away. Eligible for short-term rental use within Sandpoint's commercial zoning district.

Location

State ID

County Bonner

Area North (Bonner & Boundary)

Zoning Commercial

Direction corner of 5th Avenue and Cedar Street. Parking entrance on Cedar Street. Additional parking in lot in front of Foster'sCrossing.

Rooms

Basement None, Slab on grade

Main Level Bedrooms 2

Interior

Interior Features Fireplace, High Speed Internet, Washer Hookup, Mini-Split A/C

Heating Natural Gas, Fireplace(s), Cadet, Electric, Radiant, Heat Pump, Mini-Split

Fireplaces Type Gas

Fireplace Yes

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Fire Pit, Lighting, Open Deck, Spa/Hot Tub, Handicap Access

Parking Features Det Garage

Garage Description 1 Car

View Mountain(s), Territorial, Lake, City, Neighborhood

Roof Type Metal

Porch Covered Deck

Attached Garage No

Building

Lot Description Landscaped, Corner Lot, Level, Southern Exposure

Foundation Slab

Sewer Public Sewer

Water Public

Schools

School District Lk Pend Oreille - 84

Others

Tax ID RPS389700002A0A

Virtual Tour https://www.tourfactory.com/idxr3163940

Listed by Tomlinson Sotheby's International Realty (Idaho)

Nearby Locations

Nick Shriner

Agent

+1(208) 916-1677 | nickshriner@windermere.com

503-203 Cedar St Sandpoint, ID 83864

Nick Shriner

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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503-203 Cedar St