3 months on rocket

503 Cedar St # 203, Sandpoint, ID, 83864

$870,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Baths
1,590 SqFt
$547/SqFt
Condo

Location

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503 Cedar St # 203, Sandpoint$870,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDetached Garage
Garage1 space
Year BuiltNew Const., 2023
HeatingCadet, Electric, Natural Gas, Radiant, Heat Pump, Fireplace(s), Zoned
CoolingZoned
ViewMountain(s), Territorial, City, Neighborhood
MLS #24-7379
Lot Size0.35 Acres
StatusActive

About 503 Cedar St # 203

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

Property Features

Property Information:

  • Year Built: 2023
  • Living Area: 1,590 SqFt

Listing Office:

  • Office Name: Tomlinson Sotheby's International Realty (Idaho)
  • Office Phone: (208) 667-1551

Interior Features

Interior Information:

  • Appliances: Electric Water Heater, Refrigerator, Microwave, Dryer, Disposal, Dishwasher
  • Basement: No
  • Flooring Type: Tile, LVP
  • Interior: Dryer Hookup - Elec, Gas Fireplace, High Speed Internet, Security System, Washer Hookup, Mini-Split A/C

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Mountain(s), Territorial, City, Neighborhood
  • Exterior: Covered Patio, Curbs, Fire Pit, Landscaping, Lighting, Open Deck, Paved Parking, Sidewalks, Spa/Hot Tub, Sprinkler System - Back, Sprinkler System - Front, Handicap Access

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached Garage

Virtual/3D Tour

  • 3D Tour: 503 Cedar St # 203
3D Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, Level, Southern Exposure
  • Lot Size: 0.35 Acres

Utilities

Utilities Information:

  • Heating: Cadet, Electric, Natural Gas, Radiant, Heat Pump, Fireplace(s), Zoned
  • Cooling: Zoned

Other

Directions Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $870,000
  • Price Per SqFt: $547/SqFt

HOA Fees:

  • Amount: $600
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Sandpoint, ID.

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Sandpoint, ID

City

Med. List Price

$720.4K

Med. Price/SqFt

$385

Avg. Days On Market

102

# of Sold Homes

35

503 Cedar St # 203 vs Sandpoint

116 DAYS ON ROCKET

+14 Days

$870,000

+$149.5K More

$547/SqFt

+$161 More

KEY TAKEAWAY

This property is $149.5K more than the Median List Price and $161/SqFt more than other homes in Sandpoint, ID.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Coeur d'Alene Multiple Listing Service
  • MLS Number: #24-7379

Listing Office:

  • Office Name: Tomlinson Sotheby's International Realty (Idaho)
  • Office Phone: (208) 667-1551

Information displayed on this website on listings other than those of the website owner is displayed with permission of the Coeur d'Alene MLS and Broker/Participants of the Coeur d'Alene MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently. Copyright © 2024 Coeur d’Alene Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 10:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,010

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,675

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-261986
9
/10

  • Washington Elementary

  • 420 S Boyer Ave

  • 0.57 miles

  • Public District Grades KG-6

school-card-donut-261987
5
/10

  • Farmin Stidwell Elementary

  • 1626 Spruce St

  • 0.95 miles

  • Public District Grades KG-6

school-card-donut-261988
8
/10

  • Kootenai Elementary

  • 301 Sprague St

  • 3.02 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,743. Typical income of Sandpoint, ID residents is between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Sandpoint, ID

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Sandpoint, ID.

Sandpoint's housing market showcases a blend of architectural styles, with a focus on rustic and craftsman designs that complement the natural surroundings. Single-family homes are prevalent, making up a significant portion of the housing options, while apartments and condominiums are available for those seeking a more urban living experience. The area has seen a range of development periods, with a notable number of properties dating back to the early 20th century, adding to the town's historic charm.

What is it like to live in Sandpoint, ID?

Sandpoint is celebrated for its scenic beauty and outdoor recreational opportunities, including the renowned Lake Pend Oreille and Schweitzer Mountain Resort. The community prides itself on a vibrant arts scene, with events like the annual Festival at Sandpoint music festival reflecting the town's cultural richness. The small-town atmosphere is complemented by a strong sense of community and an appreciation for the area's natural assets.

Is it easy to get around Sandpoint, ID without a car?

The community benefits from a solid educational system, with several public schools serving different grade levels and a selection of private educational options. Healthcare services are available through local clinics and a regional hospital, providing residents with essential medical care. Sandpoint also features a public library, a variety of retail shops, and dining establishments that offer a taste of local cuisine. The town is attentive to the evolving needs of its residents, with initiatives aimed at enhancing service quality and accessibility.

Transportation in Sandpoint, ID.

Sandpoint's transport infrastructure includes a network of roads that connect residents to nearby cities and outdoor recreation areas. Public transportation options are available, with schedules designed to accommodate the needs of the community. The town is also bike-friendly, with trails and designated lanes encouraging cycling as a mode of transport. While ride-sharing services are present, the town's walkable downtown area allows residents and visitors to easily explore the array of shops, restaurants, and parks without the need for a vehicle.

Frequently Asked Questions About 503 Cedar St # 203

What is the listing price of this property?

The listing price of 503 Cedar St # 203 property is $870,000.

What type of property is this?

The property 503 Cedar St # 203 is a condo located in Sandpoint, Idaho, 83864.

Is this property for sale now?

Active Listing: 503 Cedar St # 203 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 503 Cedar St # 203 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 503 Cedar St # 203 is 1,590 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 503 Cedar St # 203 is 2023.

Rocket Homes›Idaho›Bonner County›Sandpoint›83864›503 Cedar St # 203

This home is located at 503 Cedar St # 203 in Sandpoint, ID and zip code 83864. This 1,590 square foot home, which was built in 2023, sits on a 0.35 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 27, 2024 and is currently priced at $870,000.

Listings spent 102 days on the market in October 2024, and had a median list price of $720,499 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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