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503 Cedar St #201 Sandpoint

$695,000

0.35 acres

2 beds

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. Condo 201’s kitchen and bathrooms are designed to the most stringent standards for accessibility – making this condo an ideal home or vacation rental for the fastest growing population (60+) Enjoy peace of mind in a secure building, blending urban living with outdoor adventure. Experience 5th & Cedar, where meticulous craftsmanship and thoughtful design converge to redefine, upscale condominium living. Don’t miss your chance to call this exclusive enclave home. Marina slips available.

Property Details

Price:
$695,000
MLS #:
24-1341
Status:
Active
Beds:
2
Baths:
2
Address:
503 Cedar St #201
Type:
Condo
Subtype:
Condominium
Neighborhood:
North (Bonner & Boundary)
City:
Sandpoint
Listed Date:
Feb 23, 2024
State:
ID
Finished Sq Ft:
1,187
Total Sq Ft:
1,187
ZIP:
83864
Lot Size:
15,246 sqft / 0.35 acres (approx)
Year Built:
2023

Schools

School District:
Lk Pend Oreille – 84

Interior

Appliances
Electric Water Heater, Refrigerator, Range/ Oven – Gas, Microwave, Freezer, Dryer, Electric, Disposal, Dishwasher
Flooring
Tile, L V P
Heating
Electric, Natural Gas, Radiant, Heat Pump, Fireplace(s), Mini- Split

Exterior

Construction Materials
Wood, Steel, Brick, Post & Beam
Exterior Features
Covered Patio, Curbs, Fire Pit, Landscaping, Open Deck, Sidewalks, Spa/ Hot Tub, Sprinkler System – Back, Sprinkler System – Front, Handicap Access
Roof
Metal

Financial

HOA Frequency
Monthly
HOA Includes
Maintenance Grounds, Sewer, Snow Removal, Trash, Water
HOA Name
5th and Cedar
Tax Year
2023
Taxes
$4,600

Map

Agent Details

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(208) 659-3070
Kirstin@kirstindarry.com