$695,000
NEW CONSTRUCTION

503 Cedar St Sandpoint, ID 83864

Estimated payment $4,746/month

Total Views 1,617
2 Beds
2 Baths
1,187 Sq Ft
$586 Price per Sq Ft

Highlights

  • Public Water Access
  • Panoramic View
  • Contemporary Architecture
  • New Construction
  • Deck
  • Community Spa

About This Home

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.

Listing Agent

Chris Chambers

TOMLINSON SOTHEBY`S INTL. REAL License #SP00025964

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,205

Year Built

  • Built in 2023 | New Construction

HOA Fees

  • $600 Monthly HOA Fees

Property Views

  • Panoramic
  • Mountain

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Concrete Foundation
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Steel Siding

Interior Spaces

  • 1,187 Sq Ft Home
  • Fireplace
  • Triple Pane Windows
  • Storage

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Accessible Home Design

  • Handicap Accessible
  • ADA Compliant

Outdoor Features

  • Public Water Access
  • Deck
  • Covered patio or porch
  • Fire Pit

Schools

  • Washington Elementary School
  • Sandpoint Middle School
  • Sandpoint High School

Utilities

  • Air Conditioning
  • Heat Pump System
  • Radiant Heating System
  • 220 Volts in Garage
  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number RPS389700002A0A

Community Details

Overview

  • Association fees include snow w/s internet garbag

Recreation

  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,205

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Condo
  • Style: Contemporary
  • Broken Out: No
  • Covenant Restrictions: Yes
  • Fire District: Sandpoint City
  • Fire District: Yes
  • Fireplace Stoves: Built In Fireplace, Natural Gas, 1 Fireplace
  • Garage: 1 Car Detached, Electricity, 220 Volt, Opener
  • Geo Subdivision: ID
  • Known L I D: No
  • Price Per Total Sq Ft: 585.51
  • Section: 22
  • Share With Assessor: Yes
  • Taxes: 3205
  • Type Of Contract: Exclusive Right to Sell
  • Unbranded Matterport: https://my.matterport.com/show/?m=DpW6dVKuoSP&brand=0
  • Water Access Y N: No
  • Year Built: 2023
  • Middle High: Sandpoint
  • Property Amenities: Comm. Hot Tub
  • Estimated Finished Above Grade Sq Ft: 1187
  • Handicap Acc: Yes
  • ADA Compliant: Yes
  • ADA Details: Designated Accessible
  • HOA Fees: 600
  • H O A Dues Frequency: Monthly
  • Road Maintenance Agreement: Yes
  • Road Maintenance Includes: Snow Removal
  • Land Characteristics: Irrigation System, Landscaped, Level, Mountain View, Panoramic View
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Insulated, Secure Access, Storage, Air Conditioning
  • Total Bathrooms: 2
  • Bedrooms: 2
  • Bedroom 2: Level: Main; Remarks: Guest Bedroom or Office
  • Bathroom 1: Level: Main; Remarks: Tiled shower, heated floor
  • Bathroom 2: Level: Main; Remarks: Tub/shower and grab bars for ADA
  • Basement: None
  • Family Room: Level: Main; Remarks: Open and Spacious
  • Kitchen: Level: Main; Remarks: Quartz countertops, GE Cafe appliances
  • Living Room: Level: Main; Remarks: Cozy space with gas fireplace
  • Laundry Room: Level: Main; Remarks: Accomodates large side by side w/d
  • Estimated Total Sq Ft: 1187
  • Primary Flooring: Vinyl
  • Windows: Triple Pane
  • Additional Room 1: Level: Lower; Remarks: Private, Secure Elevator in Foyer
  • Additional Room 2: Level: Lower; Remarks: Detached Garage 1 Car - Assigned
  • Appliances: Dishwasher, Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator
  • Bonus Room: Level: Third; Remarks: Open Deck with Fire Pit, Spa, TV, Views
  • Master Bedroom: Level: Main; Remarks: Guest bedroom or office or Office
  • Total Number Of Rooms: 6

Exterior Features

  • Construction: Frame
  • Exterior Finish: Brick-Accent, Steel, Wood
  • Foundation: Concrete
  • Road Access: Public Road
  • Road Surface: Paved
  • Roof: Metal
  • Construction Status: New-Nvr Occupied
  • Patio Deck: Covered Patio, Deck, Fire Pit

Utilities

  • Electricity: On Site
  • Gas: On Site
  • Sewer: Public
  • Water System: Public
  • Garbage: Available

Condo/Co-op/Association

  • HOA Fees Include: Snow,W/S, Internet,Garbag
  • HOA: Yes

Schools

  • Elementary School: Washington
  • Middle School: Sandpoint
  • High School: Sandpoint

Lot Info

  • Geo Update Timestamp: 2025-02-26
  • Estimated Number Acres: 0.35
  • Geo Address Line: 503 Cedar St Ste 201
  • Geo Longitude: -116.554029
  • Geo Primary City: Sandpoint
  • Geo Quality: 0.95
  • Geo Zoom Level: 16
  • In City Limits: Yes
  • Parcel Number: RPS389700002A0A
  • Price Per Acre: 1985714.29

Tax Info

  • Tax Year: 2024
  • Tax Description: Lot Only

MLS Schools

  • School District: Lake Pend Oreille
  • Elementary School: Washington
  • High School: Sandpoint

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,466 $493,440 $493,440 $0
2022 $3,466 $493,440 $493,440 $0
2021 $4,035 $385,600 $385,500 $100
2020 $0 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 Sold -- -- --
02/26/2025 02/26/25 For Sale $695,000 -25.7% $586 / Sq Ft
02/06/2025 02/06/25 Sold -- -- --
01/17/2025 01/17/25 For Sale $935,000 +19.9% $554 / Sq Ft
01/15/2025 01/15/25 Pending -- -- --
09/17/2024 09/17/24 Price Changed $780,000 -10.9% $585 / Sq Ft
07/19/2024 07/19/24 Price Changed $875,000 -2.2% $656 / Sq Ft
06/05/2024 06/05/24 Price Changed $895,000 -8.2% $671 / Sq Ft
02/23/2024 02/23/24 For Sale $975,000 +30.0% $731 / Sq Ft
01/05/2024 01/05/24 Sold -- -- --
12/11/2023 12/11/23 Pending -- -- --
11/18/2023 11/18/23 For Sale $750,000 -- $586 / Sq Ft
Source: Selkirk Association of REALTORS®

Deed History

Date Type Sale Price Title Company
Warranty Deed -- Alliance Title
Quit Claim Deed -- First Amer Tile Sandpoint
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $4,990,000 Construction
Source: Public Records

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Source: Selkirk Association of REALTORS®

MLS Number: 20250396

Selkirk Association of REALTORS®

APN: RPS38-970-0002A0A