Why Live in Bonanza Ranch
Bonanza Ranch in Coeur d'Alene is a rural neighborhood characterized by gravel roads and dense pine trees, creating a mountain wilderness ambiance. The area features a mix of custom homes and manufactured homes, with many properties used for weekend getaways or RV and boat storage. Affordability is a key attraction, though the clay and basalt rock soil can complicate septic system installation and pose a flooding risk for properties near the creek. Outdoor enthusiasts will appreciate the proximity to Lake Coeur d'Alene, offering lakefront recreation at Blue Creek Bay Recreation Site and Trail, which includes hiking trails, picnic sites, and a boat launch. Coeur d'Alene Parkway State Park, part of the North Idaho Centennial Trail, provides 23 miles of paved trails for cycling and hiking. Silver Mountain Resort, 35 miles east, offers year-round activities like mountain biking, skiing, and golfing. Despite its rural setting, Bonanza Ranch is close to Coeur d'Alene's shopping and dining options, including Tony’s on the Lake, a renowned Italian restaurant just 2 miles away, and Vantage Point Brewing Company. The neighborhood is 6 miles from the local shops on Sherman Avenue and 7 miles from Kootenai Hospital. Residents rely on cars for transportation, with the nearest I-90 on-ramp 2 miles away. Schools in the area include Fernan STEM Academy, Lakes Middle School, and Lake City High School, all of which have solid ratings and offer various educational programs.
Frequently Asked Questions
Is Bonanza Ranch a good place to live?
Bonanza Ranch is a good place to live. Bonanza Ranch is considered very car-dependent and somewhat bikeable. It is sparse in population with 1.1 people per acre and a median age of 52. The average household income is $174,269 which is above the national average. College graduates make up 49.7% of residents. A majority of residents in Bonanza Ranch are home owners, with 11.6% of residents renting and 88.4% of residents owning their home. A
local real estate agent serving Bonanza Ranch can help you decide if this neighborhood is the right one for you. Learn more on our
Bonanza Ranch neighborhood guide.
How much do you need to make to afford a house in Bonanza Ranch?
The median home price in Bonanza Ranch is $1,250,000. If you put a 20% down payment of $250,000 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $6,160 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $264K a year to afford the median home price in Bonanza Ranch. The average household income in Bonanza Ranch is $174K.
What are the best public schools in Bonanza Ranch?
The best public schools that serve Bonanza Ranch are:
What are the most popular zip codes in Bonanza Ranch, Coeur D'Alene, ID?
What are the most popular neighborhoods near Bonanza Ranch, Coeur D'Alene, ID?
Home Trends in Bonanza Ranch, ID
On average, homes in Bonanza Ranch, Coeur d'Alene sell after 32 days on the market compared to the national average of 52 days. The median sale price for homes in Bonanza Ranch, Coeur d'Alene over the last 12 months is $1,050,000, up 74% from the median home sale price over the previous 12 months.
Median Sale Price
$1,050,000
Median Single Family Sale Price
$1,050,000
Average Price Per Sq Ft
$264
Number of Homes for Sale
0
Last 12 months Home Sales
1
Median List Price
$1,250,000
Median Change From 1st List Price
16%
Median Home Sale Price YoY Change
74%