$1,850,000
$1,850,000
For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2.5 Baths
1,750 SqFt
SOLD DATE : 05/10/2022
Key Details
Sold Price $1,850,000
Property Type Single Family Home
Sub Type Residential Waterfront
Listing Status Sold
Purchase Type For Sale
Square Footage 1,750 sqft
Price per Sqft $1,057
Subdivision Finney
MLS Listing ID 21-10474
Sold Date 05/10/22
Style Multi-Level
Bedrooms 2
HOA Y/N No
Originating Board Coeur d'Alene Multiple Listing Service
Year Built 1957
Annual Tax Amount $3,500
Tax Year 2020
Lot Size 0.570 Acres
Acres 0.57
Property Description
Excellent income producing waterfront opportunity with strong weekly rental history. Newly installed $85,000 septic system will handle high volume occupancy. Recent price increase to $3,850 per week with 2022 season booked nearly full. Water toys package rentals and ancillary fees make for an attractive return on investment. See Supplement sheet for VRBO info. Seller VRBO Data - Gross income by year
2018 - 9 Weeks - $30,112
2019 - 15 Weeks - $70,923
2020 - 21 Weeks - $69,174
2021 - 15 Weeks - $63,725 ytd 10/10/2021
Seller has not raised the VRBO rate since they began.
VRBO Listing Number 1300161 - Premium Host
________________________
Seller has installed a new septic system capable of handling 7 bedrooms at the cost of $85,000. Completion this month. See Documents for details
Location
State ID
County Kootenai
Community Finney
Area 08 - Cd'A Rural-East
Zoning Restricted Res
Direction Highway 90 East to Exit 22 South to Eddyville to Chinook, left on Buddy Court to the end and sign.
Rooms
Basement None, Crawl Space
Interior
Interior Features Central Air, Dryer Hookup - Elec, Fireplace Insert, Gas Fireplace, High Speed Internet, Washer Hookup
Heating Electric, Propane, Heat Pump, Mini-Split
Exterior
Exterior Feature Dock/Boat Slip, Fire Pit, Landscaping, Lighting, Open Deck, Open Porch, Rain Gutters, Satellite Dish
Garage None
Garage Description None
Waterfront Yes
Waterfront Description Lakefront
View Mountain(s), Territorial, Lake, City
Roof Type Composition
Attached Garage No
Building
Lot Description Sloped, Steep Slope, Wooded
Foundation Concrete Perimeter, Block
Sewer Septic System
Water Shared Well
New Construction No
Schools
School District Cda - 271
Others
Tax ID 025200030040
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Windermere/Coeur d'Alene Realty Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
old-1731599262961-nickbeveridge17@gmail.com
6942 N Madellaine Dr, Coeur d Alene, Idaho, 83815, USA