Pending

23160 Madrona Loop

Worley, ID 83876
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Bed 3

Bed

Bath 2

Bath

SqFt1,608

Sqft

Acres0.39

Acre(Lot)

On the 4th of July, the fireworks reflect off Lake Coeur d'Alene from this deck. That moment doesn't make the brochure -- but it's why the next owner is going to find this listing. Cave Bay on Lake Coeur d'Alene. Wrap-around deck with a pergola. Your own boat slip about 2 minutes from the front door. Members-only sandy beach, private boat launch, community park -- all walking distance. HOA covers community water, sewer, and snow removal, so winter belongs to someone else. Independent appraisal on file at $430,000 (May 2026). Recent home inspection complete. Now listed BELOW APPRAISED VALUE at $429,999. Most furniture included -- walk in, drop the bags, pour a drink. Owner has invested $30,000+ since 2017: new deck, new gutters, updated flooring, remodeled bathroom, washer/dryer, a ppliances, septic pump. Heat pump and central air. Propane backup stove keeps the house warm when the grid doesn't. Metal roof. 1-car garage. High-speed internet. All appliances included. For the buyer rental. BNBCalc A-rated. $71,656 projected annual revenue. 19.3% cash-on-cash. 11.1% cap rate. Top 9% of comparable Cave Bay units on occupancy. 7 min to Coeur d'Alene Casino & Resort. 30 min to downtown CDA. 55 min to Spokane International -- non-stop to LA, SF, Denver, Seattle. 1979 HUD-compliant double-wide. Cash, conventional, portfolio, and DSCR financing welcome.

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Detail Ic Property Details

Property Type : Residential

Price : $429,999

AD Id : 76592002

MLS Id : 26-2938

Beds : 3

Lot Size : 0.39 Acre

Living Area Size : 1,608

Year Built : 1979

County : Kootenai

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 2
  • Flooring Information

    Vinyl, Carpet
  • Roofing Information

    Metal
  • Interior Features

    High Speed Internet, Smart Thermostat Roof: Metal Appliances: Oven, Cooktop, Refrigerator, Dishwasher, Washer, Electric Water Heater, Dryer Laundry Features: Electric Dryer Hookup
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Heat Pump, Propane Stove, Electric, Propane Has Cooling: Yes

  • Building Information

    Year Built: 1979 Building Area Total: 1608 Construction Materials: Aluminum Siding Private Pool: No View: Lake, Territorial Association Fee Frequency: Annually
  • Exterior Features

    Exterior Features: Dock, Rain Gutters, Boat Slip

  • Lot Information

    Main Square Feet: 0.39 Lot Size Acres: 0.39 Lot Size Square Feet: 16988.4 Lot Description: Sloped, Steep Slope

    Property Information

    Subdivision: Carrolls Cave Bay Source Property Type: Residential MLS Area Minor: 14 - Benewah Property SubType: Manufactured Home Property Age: 47

  • Listing Price Information

    Listing Price: $429999 Original Price: $449999 Cash, FHA, VA Loan, Conventional, 1031 Exchange

  • Tax Information

    Parcel Number: 012010010040 Tax Year: 2025 Annual Tax: $1174.74 Tax Legal Desc: Carrolls Cave Bay Homesites 5th Add, Lt 4 Block 1 3248N04w

  • Parking Information

    Paved, RV Access/Parking
    Homeowners Association Information
    Has Association: Yes Included Fees: Sewer, Snow Removal, Water

  • Location Information

    Direction: Worley to Cave Bay rd to Madrona Loop WaterSource: Shared Well
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Vogel, Worley, ID, 83876 $475,000 -- -- --
815 Edgewater Ct, Worley, ID, 83876 $780,000 3 1 1,470 1,470 SqFt
2157 Rolling Hills Hills, Worley, ID, 83876 $1,275,000 2 1 1,427 1,427 SqFt
2559 Cliffdwellers Dr, Worley, ID, 83876 $637,500 3 2 1,100 1,100 SqFt
30404 Sunray Trl, Worley, ID, 83876 $139,500 3 3 1,392 1,392 SqFt
4051 Tule Ln, Worley, ID, 83876 $2,750,000 5 3 2,901 2,901 SqFt
19722 Providence Ln, Worley, ID, 83876 $3,347,000 4 5 8,096 8,096 SqFt
22491 Monticola Ct, Worley, ID, 83876 $1,095,000 3 3 1,764 1,764 SqFt
20779 Cave Bay Rd, Worley, ID, 83876 $399,000 2 2 1,046 1,046 SqFt
21941 Lakeview Dr, Worley, ID, 83876 $1,100,000 3 3 2,256 2,256 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 07/18/2026 @ 14:58

MLS: 26-2938 LISTED BY: Jeremy Specials, EXP Realty SOURCE: Coeur d'Alene Multiple Listing Service

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