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Sandpoint,ID 83864
Key Details
Property Type Single Family Home
Sub Type Site Built < 2 Acre
Listing Status Active
Purchase Type For Sale
Square Footage 10,594 sqft
Price per Sqft $424
MLS Listing ID 25-9360
Style Condo
Bedrooms 3
Year Built 1909
Annual Tax Amount $8,175
Tax Year 2024
Lot Size 0.370 Acres
Property Sub-Type Site Built < 2 Acre
Property Description
LUXURY LIVING AND INCOME PRODUCING POTENTIAL. One of Sandpoint's most iconic waterfront properties nestled along Sand Creek in the heart of downtown, this legacy property spans over 10,000 sq ft across two buildings, with lush gardens, patios, and direct access to the marina and boardwalk. The centerpiece is a luxury penthouse residence, a 3 bed, 3 bath retreat with panoramic waterfront views, currently thriving as a high-demand vacation rental. Below, two established restaurant tenants create steady income and vibrant energy, while the landscaped parcel between the buildings provides private outdoor living space in the middle of town. This unique property offers unmatched flexibility: live here full-time, enjoy as a vacation residence, or continue operating as a proven investment. Located within Sandpoint's Federal Opportunity Zone, buyers also benefit from compelling tax incentive potential. Few properties combine this level of lifestyle, location, and financial upside.
Location
State ID
County Bonner
Area North (Bonner & Boundary)
Zoning COMMERCIAL - A
Interior
Heating Natural Gas,Electric,Forced Air,Mini-Split
Cooling Central Air
Fireplaces Type Insert
Laundry Electric Dryer Hookup
Exterior
Exterior Feature Lighting,Open Deck,See Remarks
Parking Features None
Garage Description None
Waterfront Description Creek
View Lake,City
Roof Type Concrete
Building
Lot Description Open Lot,Landscaped,Level,Borders Special Land,Alley Access
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Lk Pend Oreille - 84
Others
Virtual Tour https://my.matterport.com/show/?m=PWRc8rZRbXe&mls=1