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503-203 Cedar St

Sandpoint, ID 83864
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Bed 2

Bed

Bath 2

Bath

SqFt1,590

Sqft

Acres0.35

Acre(Lot)

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 eleva tor service. Guests and owners enjoy premium rooftop amenities including a hot tub, fire table, outdoor TV, BBQ area, and lake views. 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.

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Detail Ic Property Details

Property Type : Residential

Price : $895,000

AD Id : 85523838

MLS Id : 26-6385

Beds : 2

Lot Size : 0.35 Acre

Living Area Size : 1,590

Year Built : 2023

County : Bonner

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Map

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 2

    Room Information

    Basement: None
  • Flooring Information

    Tile
  • Roofing Information

    Metal
  • Interior Features

    High Speed Internet Roof: Metal Appliances: Refrigerator, Dishwasher, Microwave, Disposal, Washer, Electric Water Heater, Gas Range, Dryer Laundry Features: Electric Dryer Hookup
  • Heating & Cooling

    Has Heating: Yes Heating: Radiant, Heat Pump, Other, Electric, Natural Gas

  • Building Information

    Year Built: 2023 Building Area Total: 1590 Construction Materials: Metal Siding, Brick, Steel Siding, Wood Siding Patio And Porch Features: Covered, Deck Private Pool: No View: Lake, Territorial, City, Neighborhood Association Fee Frequency: Monthly
  • Exterior Features

    Exterior Features: Lighting, Fire Pit

  • Lot Information

    Main Square Feet: 0.35 Lot Size Acres: 0.35 Lot Size Square Feet: 15246 Lot Description: Landscaped, Corner Lot, Level

    Property Information

    Subdivision: N/A Source Property Type: Residential MLS Area Minor: North (Bonner & Boundary) Property SubType: Condominium Direction Faces: South Property Age: 3

  • Listing Price Information

    Listing Price: $895000 Cash, Conventional, 1031 Exchange

  • Tax Information

    Parcel Number: RPS389700002A0A Tax Year: 2025 Annual Tax: $439 Tax Legal Desc: 22-57N-2W FOSTERS CROSSINGS LOT2A REPLAT

  • Parking Information

    Paved
    Homeowners Association Information
    Has Association: Yes Included Fees: Maintenance Grounds, Sewer, Snow Removal, Trash, Water Community Features: Curbs, Sidewalks

  • Location Information

    Direction: corner of 5th Avenue and Cedar Street. Parking entrance on Cedar Street. Additional parking in lot in front of Foster'sCrossing. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
140 Backtrack, Sandpoint, ID, 83864 $857,902 3 2 2,067 2,067 SqFt
1162 Hickey Rd, Sandpoint, ID, 83864 $1,800,000 5 4 4,940 4,940 SqFt
BLK2 LOT 6 Bluegrass Av.., Sandpoint, ID, 83864 $689,999 3 2 1,900 1,900 SqFt
128 Spur Dr, Sandpoint, ID, 83864 $675,000 3 2 1,882 1,882 SqFt
802 Sandpoint Ave #8307, Sandpoint, ID, 83864 $2,597,000 3 2 1,690 1,690 SqFt
1216 Alder St, Sandpoint, ID, 83864 $440,000 3 3 1,700 1,700 SqFt
424 Olive Ave #101, Sandpoint, ID, 83864 $399,000 2 2 1,120 1,120 SqFt
42 Olaf Ct, Sandpoint, ID, 83864 $2,590,000 3 4 2,052 2,052 SqFt
38 Olaf Ct, Sandpoint, ID, 83864 $2,590,000 3 4 2,052 2,052 SqFt
32 Olaf Ct, Sandpoint, ID, 83864 $2,590,000 3 4 2,052 2,052 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Coeur d'Alene Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Coeur d'Alene Multiple Listing Service. All Rights Reserved.

ByOwner last updated this listing 06/20/2026 @ 15:08

MLS: 26-6385 LISTED BY: Chris Chambers, Tomlinson Sotheby's International Realty (Idaho) 208-667-1551 SOURCE: Coeur d'Alene Multiple Listing Service

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