$895,000
Sandpoint, ID 83864
MLS# 26-6385
2 beds | 2 baths | 1590 sqft
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Property 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.
Details
Maps
Documents
Contract Information
Status: Active
Listing Type: Condo
Income Producing: No
Area: North (Bonner & Boundary)
Neighborhood Grid #: 440
Begin Date: 2026-06-19
List Price: $895,000
Short Sale: No
REO: No
General Property Description
Realtor.COM Type: Residential - Condo/Townhome
Building Style: Condo
Basement: No
Garage Type: Det Garage
Garage Stall: 1 Car
Total Bedrooms: 2
Total Bathrooms: 2
Total SqFt.: 1590
SqFt Source: Builder
Lot Acres: 0.35
Year Built: 2023
New Construction: Yes, completed
Lot Type 1: Duplex/Multi
Legal and Taxes
Legal: 22-57N-2W FOSTERS CROSSINGS LOT2A REPLAT
AIN/Tax Bill: 13934
Parcel Number: RPS389700002A0A
School District: Lk Pend Oreille - 84
Zoning: Commercial
Taxes: 439
Tax Year: 2025
Taxes Reflect 1: Lot Only
Subdivision: N/A
Directions: corner of 5th Avenue and Cedar Street. Parking entrance on Cedar Street. Additional parking in lot in front of Foster'sCrossing.
Remarks
Public Remarks: 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.
Address Information
Street Number: 503-203
Street Name: Cedar
Street Suffix: St
State/Province: ID
Postal Code: 83864
County: Bonner
Miscellaneous
Sec: 22
Twn: 57N
Rng: 02W
Rng Dir: WBM
Property Subject to
CC&Rs: Yes
Homeowners Assoc: Yes
HOA Name: 5th and Cedar
Frequency: Monthly
Association Fee: 600
LID: No
Non-Mtg Lien: None
Flood Zone: No
Aircraft Flight Zone: No
Fire Protection Dist: Yes
Fire Protection Name: Sandpoint City
Rooms per Level
1st Fl Living Rm: 1
1st Fl Dining Room: 1
1st Fl Kitchen: 1
1st Fl Mst Bdrm Suite: 1
1st Fl Bdrm(s): 1
Main Level Bedrooms: 2
1st Fl Bath: 1
Main Level Bathrooms: 2
1st Fl Laundry: 1
Kitchen Amenities
Counter Type: Quartz
Showing Instructions
Showing Service Name: ShowingTime
Property Features
Association Fee Includes: Maintenance Grounds; Snow Removal; Trash; Water
View: Lake; Mountain(s); Neighborhood; Territorial
Lot Features: Corner Lot; Landscaped; Level; Southern Exposure
Interior Features: Electric Dryer Hookup; Fireplace; High Speed Internet; Mini-Split A/C; Security System; Washer Hookup
Fireplace Features: Gas
Exterior Features: Covered Deck; Curbs; Fire Pit; Handicap Access; Lighting; Open Deck; Paved Parking; Sidewalks; Spa/Hot Tub
Common Walls: 2+ Common Walls
Appliances: Dishwasher; Disposal; Electric Dryer; Gas Range; Microwave; Refrigerator; Washer; Electric Water Heater
Kitchen Amenities: Bkfst Bar; Kitchen Peninsula
Fuel: Electric; Natural Gas
Heating: Cadet; Fireplace(s); Heat Pump; Mini-Split; Radiant
Basement: None, Slab on grade
Foundation: Slab
Construction: Post & Beam
Exterior: Brick; Steel Siding; Wood Siding
Flooring: LVP; Tile
Roof: Metal
Road: Paved; Public Maintained Road
Sewer: Public Sewer
Terms Considered: 1031 Exchange; Cash; Conventional
Supplements
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.
5th Cedar Features Listing Office: Tomlinson Sotheby's International Realty (Idaho)
Last Updated: June - 19 - 2026
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Tuesday 23rd of June 2026 07:44 AM
