503-203 Cedar St, Sandpoint, ID 83864
Local realty services provided by:ERA Shelman Realty
Listed by: chris chambers
Office: tomlinson sotheby's international realty (idaho)
MLS#:26-6385
Source:ID_CDAR
Price summary
- Price:$895,000
- Price per sq. ft.:$562.89
About this home
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. 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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Home facts
- Year built:2023
- Subdivision & Development:N/A
- Listing ID #:26-6385
- Added:54 day(s) ago
- Updated:August 08, 2026 at 03:24 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Tile
- Basement:Yes
- Basement Description:Slab On Grade
- Living area:1,590 sq. ft.
Heating and cooling
- Heating:Cadet, Heat Pump, Mini-Split, Radiant
Structure and exterior
- Roof:Metal
- Year built:2023
- Building area:1,590 sq. ft.
- Lot area:0.35 Acres
- Lot Features:Corner Lot, Level, Southern Exposure
- Exterior Features:Covered Deck, Fire Pit, Lighting, Open Deck
- Foundation Description:Slab
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$895,000
- Price per sq. ft.:$562.89
- Tax amount:$439 (2025)
Features and amenities
- Laundry features:Electric Dryer, Washer
- Amenities:Fireplace
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