23160 S Madrona LOOP, Worley, ID 83876
Local realty services provided by:ERA Shelman Realty
Listed by: jeremy specials
Office: exp realty
MLS#:26-2938
Source:ID_CDAR
Price summary
- Price:$429,999
- Price per sq. ft.:$267.41
About this home
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, appliances, 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....
Contact an agent
Home facts
- Year built:1979
- Listing ID #:26-2938
- Added:107 day(s) ago
- Updated:July 19, 2026 at 08:03 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Carpet, Vinyl
- Basement:Yes
- Basement Description:Crawl Space
- Living area:1,608 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Heat Pump
Structure and exterior
- Roof:Metal
- Year built:1979
- Building area:1,608 sq. ft.
- Lot area:0.39 Acres
- Lot Features:CDA Reservation
- Exterior Features:Open Deck, Rain Gutters
- Foundation Description:Block
Utilities
- Water:Community System, Shared Well, Transfer Fee
- Sewer:Community System, Lagoon, Lift Station
Finances and disclosures
- Price:$429,999
- Price per sq. ft.:$267.41
- Tax amount:$1,175 (2025)
Features and amenities
- Laundry features:Electric Dryer, Washer
- Amenities:Fireplace
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