Unlock $160K+ in potential annual STR revenue with this legacy waterfront property just minutes from town. Featuring two homes on 1.12 acres, a private dock with two boat slips, and a heated driveway for year-round access, this setup is primed for STR success. Enjoy all the benefits of big waterfront views and access without the big price tag of waterfront property taxes with 25 feet of lake frontage!
The Eagle House (2,736 sq ft, built 1993) includes two separate 2BR/1BA lockout units, each with their own kitchen, and expansive lake and wildlife views. Recent updates include a new roof (2023). The Cedar House (2,040 sq ft, built 1984) offers 3BR/2BA, two kitchens, and new water heaters (2022). Both homes have incredible views from nearly every window. With 4 turnkey lockout units between the two homes, this property is ideal for maximizing rental income, multigenerational use, or a hybrid personal/investment strategy.
The sellers have artfully improved the landscape—selectively opening the tree line to capture panoramic views, while preserving enough natural cover for nesting bald eagles and flourishing wildlife. The result? A serene, park-like setting enhanced by a professionally engineered retaining wall offering ample parking for guests, toys and gear that powers the PNW lifestyle. It’s like owning a private nature preserve with all the modern perks.
Located just 30 minutes from Coeur d'Alene's vibrant downtown district and 15 minutes from dining, groceries and amenities in Hayden, this is a rare chance to own an STR legacy property in one of North Idaho's most sought-after lake communities. 30 minutes to Lake Pend Oreille, less than an hour to Sandpoint and about an hour to Spokane International Airport. In the winter, choose from any of the 5 ski resorts nearby, including world-renowned Schweitzer Mountain, just a little over an hour away, or stay close to home-base and ice fish until your heart is content. Virtual showings available at your convenience!