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Listed price in listed location currency (USD).
$895,000

220

MLS® 26-6385

Overview

Key Facts

Type Condominium
Levels Residential
Size 1590 sqft
Garage Yes
Maintenance Fees 
Taxes $439
Days Active 0
Approx. Age 2023
Avg. Price Per Sqft $562
MLS® Number 26-6385

Property Address: ste-203-503-203 Cedar St, Sandpoint, ID, 83864-1531

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number26-6385
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelElectric Dryer Hookup
Exposure
Exterior
GarageYes
Approx. Age2023
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatRadiant, Heat Pump, Other, Mini-Split, Electric, Natural Gas
A/C

Extras

Map

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