$2,030,000
$150K PRICE DROP

255 S Theresa Terrace Dr Post Falls, ID 83854

South Shore Neighborhood

Estimated payment $11,742/month

Total Views 5,271
4 Beds
4 Baths
3,124 Sq Ft
$650 Price per Sq Ft

Highlights

  • Docks
  • River View
  • Cape Cod Architecture
  • Cabana
  • Waterfront
  • Fruit Trees

About This Home

This beautiful custom-built New England Shingle-Style home exudes quality and attention to detail, offering sweeping 180 deg views from its half acre waterfront site with 125' of deep Spokane River frontage located inside a no-wake zone.

Across the river Stancraft, luxury wood boat maker, acquired Templin Resort and Marina so you can enjoy watching world class wood boats idling in and out of Marina 33. There is a waterside grill and The Dam restaurant and bar if you want to boat across for a nice evening out without even having to get in your car. From your dock you can also cruise 20 minutes by boat to world renowned Lake Coeur d'Alene for its world class golf, a meal or drink downtown CdA or at one of several waterfront spots around the lake, or enjoy the wide open space for recreation like fishing or water skiing. Back in Post Falls this home is minutes from City Center where you can enjoy the best food and drinks Post Falls has to offer, or enjoy the nearby festivities like Post Falls Days, or River City Music and Market. This home is minutes to I90, for a quick 14 min commute (by car) to Kootenai Health in Coeur d'Alene, 12 minutes to Liberty Lake, and 35 mins to GEG on the other side of Downtown Spokane.
The seaside feel was meticulously crafted with hallmark characteristics of the Shingle Style Architecture. From the shingles to the asymmetrical facade with sweeping and multi-gabled rooflines, and extensive wide porches, this home is a waterfront statement and . Inside you'll find a lot of quality features like the hardwood and stone floors, the many wood-burning (and one gas) fireplaces, the tiled baths, quality new and vintage appliances, and the solarium. There are some more fun features like the phone booth, vibrant interior paint colors, and compass wood floor inlay at entry that add to the character as well.

This location is amazing not only for its proximity to local conveniences, but because the no-wake boat traffic translates to less dock and shoreline maintenance with more peace and quiet! Deep water frontage in a no-wake zone on Lake CdA or Spokane River (contiguous bodies) is rare. Enjoy the warm weather outdoors from the wrap-around porch, which creates a variety of stunning moments, the picturesque Gazebo, the paver patio with firepit near the water and of course a boat dock for swimming or just sitting back, relaxing in the sun while working on your tan. The buyer of this home enjoys the first option to purchase the vacant lot next door w/ an addtl 125' of deep frontage. There is a separate lot next door that is offered for sale additionally, and is packaged together with this home in a separate listing with the same address. It's a separate .41 acre lot w/ an additional 125' of deep water frontage.

Shown by appointment only, private driveway, please no unscheduled drive-bys

Listing Agent

Robert Jacobs II

Coldwell Banker Schneidmiller Realty License #sp44430 Listed on: 05/02/2025

Coldwell Banker Schneidmiller Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,365

Year Built

  • Built in 1993

Lot Details

  • 0.56 Acre Lot
  • Waterfront
  • Open Space
  • Southern Exposure
  • Landscaped
  • Open Lot
  • Irregular Lot
  • Steep Slope
  • Front and Back Yard Sprinklers
  • Fruit Trees
  • Wooded Lot
  • Property is zoned County-AGSUB, County-AGSUB

Parking

  • Attached Garage

Property Views

  • River
  • City
  • Mountain

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Metal Roof
  • Shingle Siding
  • Cedar

Interior Spaces

  • 3,124 Sq Ft Home
  • Multi-Level Property
  • Central Vacuum
  • Skylights
  • Self Contained Fireplace Unit Or Insert
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Stone
  • Cork
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 4 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Cabana
  • Docks
  • Deck
  • Covered patio or porch
  • Fire Pit
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Mini Split Air Conditioners
  • Heating System Uses Propane
  • Mini Split Heat Pump
  • Radiant Heating System
  • Well
  • Propane Water Heater
  • Septic System

Community Details

  • No Home Owners Association
  • Falls River Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02480001005A

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,365

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Sub Type: Residential Waterfront
  • Prop. Type: Residential
  • Lot Size Acres: 0.56
  • Road Surface Type: Paved
  • Water Body Name: Spokane River
  • Inclusions: Washer/Dryer
  • Subdivision Name: Falls River
  • Directions: Going south on Spokane St over bridge, East on W Riverview Dr, North on W Crystal Bay Rd, North on Lower Crystal Bay Rd, West on S Theresa Terrace Dr to address.
  • Year Built: 1993
  • General Property Description:Lot Acres2: 0.56
  • General Property Description:Lot Type 1: Residential
  • Legal and Taxes:Zoning2: County-AGSUB
  • Legal and Taxes:Tax Year2: 2024
  • View:Mountain(s): Yes
  • Road Paved: Yes
  • General Property Description:Building Style: Multi-Level
  • General Property Description:New Construction: No
  • Property Subject to:Homeowners Assoc: None
  • Property Subject to:Flood Zone: Unknown
  • Water:Private Well: Yes
  • Common Walls:No Common Walls: Yes
  • Sewer:Septic System: Yes
  • Fuel:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Foundation:Concrete: Yes
  • Roof:Comp Shingle: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile2: Yes
  • Flooring:Wood4: X
  • Roof:Metal: Yes
  • Flooring:Vinyl2: Yes
  • Fuel:Propane: Yes
  • Architectural Style:Description2: Cape Cod
  • Exterior:Cedar: Yes
  • Flooring:Stone2: Yes
  • Wall Oven: Yes
  • View:City4: Yes
  • Flooring:Cork: Yes
  • General Property Description:Total SqFt2: 3124.0
  • Other Structures:Cabana: Yes
  • Special Features: None

Interior Features

  • Appliances: Propane Water Heater, Washer, Wall Oven, Refrigerator, Microwave, Dryer, Electric, Dishwasher, Cooktop
  • Has Basement: None, Crawl Space
  • Basement YN: No
  • Total Bedrooms: 4
  • Flooring: Wood, Tile, Stone, Vinyl, Carpet, Cork
  • Interior Amenities: Central Vacuum, Dryer Hookup - Elec, Fireplace, Fireplace Insert, Mini-Split A/C, Skylight(s)
  • Living Area: 3124.0
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Interior Features:Dryer Hookup - Elec2: Yes
  • Interior Features:Fireplace: Yes
  • Interior Features:Skylight(s): Yes
  • Appliances Dishwasher: Yes
  • Appliances:Dryer Electric: Yes
  • Basement:None Crawl Space: Yes
  • Other Rooms:SunRoom: 1st Floor
  • Appliances:Cooktop: Yes
  • Other Rooms:DenLibrary: 1st Floor
  • Interior Features:Central Vacuum: Yes
  • Appliances:Propane Water Heater2: Yes
  • Interior Features:Mini-Split AC: Yes
  • Interior Features:Fireplace Insert: Yes

Exterior Features

  • Lot Features: Irregular Lot, Open Lot, Sloped, Southern Exposure, Steep Slope, Wooded
  • View: Mountain(s), River, City
  • View: Yes
  • Waterfront Features: Lot Type 2
  • Waterfront: Yes
  • Common Walls: No Common Walls
  • Construction Type: Cedar, Shingle, Frame
  • Exterior Features: Covered Porch, Dock/Boat Slip, Fire Pit, Fruit Trees, Landscaping, Lighting, Open Deck, Open Patio, Paved Parking, Rain Gutters, Sprinkler System - Back, Sprinkler System - Front
  • Foundation Details: Concrete Perimeter
  • Other Structures: Cabana
  • Roof: Composition, Metal
  • Lot Features:Irregular: Yes
  • Lot Features:Open: Yes
  • Lot Features:Sloping: Yes
  • Lot Features:Southern Exposure: Yes
  • Lot Features:Steep: Yes
  • Lot Features:Wooded: Yes
  • Exterior Features:Landscaping: Yes
  • Exterior Features:Lighting: Yes
  • Exterior Features:Open Deck: Yes
  • Exterior Features:Open Patio: Yes
  • Exterior Features:Rain Gutters: Yes
  • Construction:Frame: Yes
  • View:River: Yes
  • Exterior Features:Covered Porch: Yes
  • Exterior Features:Sprinkler System - Back: Yes
  • Exterior Features:Sprinkler System - Front: Yes
  • Exterior Features:Fruit Trees: Yes
  • Exterior Features:Fire Pit: Yes
  • Exterior Features:DockBoat Slip: Yes
  • Exterior:Shingle: Yes

Garage/Parking

  • Attached Garage: Yes
  • General Property Description:Garage Type2: Att Garage
  • General Property Description:Garage Stall2: 3 Car
  • Exterior Features:Paved Parking: Yes

Utilities

  • Heating: Electric, Propane, Radiant, Fireplace(s), Mini-Split
  • Heating Yn: Yes
  • Sewer: Septic System
  • Water Source: Well
  • Heating:Fireplace2: Yes
  • Heating:Radiant: Yes
  • Heating:Mini-Split: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Kitchen Amenities:Kitchen Island: Yes
  • Kitchen Amenities:Counter Type: Corian
  • Kitchen Amenities:Bkfst Bar: Yes

Schools

  • Junior High Dist: Post Falls - 273

Lot Info

  • Lot Size Sq Ft: 24393.6
  • Additional Parcels Description: 131270
  • Parcel #: 02480001005A
  • Zoning: County-AGSUB

Tax Info

  • Tax Annual Amount: 6365.0
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,364 $2,028,480 $1,467,500 $560,980
2023 $6,364 $2,028,480 $1,467,500 $560,980
2022 $7,390 $1,996,850 $1,467,500 $529,350
2021 $6,739 $1,160,230 $764,590 $395,640
2020 $6,123 $937,542 $588,102 $349,440
2019 $6,044 $839,680 $511,350 $328,330
2018 $6,066 $786,340 $487,000 $299,340
2017 $5,987 $720,420 $484,530 $235,890
2016 $6,243 $711,560 $484,530 $227,030
2015 $5,686 $607,130 $382,200 $224,930
2013 $4,926 $507,900 $295,750 $212,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Price Changed $3,010,000 +48.3% $964 / Sq Ft
07/17/2025 07/17/25 Price Changed $2,030,000 -35.8% $650 / Sq Ft
05/02/2025 05/02/25 For Sale $3,160,000 +45.0% $1,012 / Sq Ft
05/02/2025 05/02/25 For Sale $2,180,000 -- $698 / Sq Ft
Source: Coeur d'Alene Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- First American Title Kootena
Warranty Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 Credit Line Revolving
Source: Public Records

Similar Homes in Post Falls, ID

  • 10375 W Shale Ct, Post Falls, ID 83854

    $1,895,000

    • 4 Beds
    • 3 Baths
    • 4,388 Sq Ft
    • 10375 W Shale Ct
    • Post Falls, ID

    Beautifully positioned along 114 feet of scenic Spokane River frontage, this picturesque property spans an expansive 1.29 acres and boasts a charming log home. With four spacious bedrooms and three baths, including a bonus room above the garage, this residence offers ample space for comfort and versatility. Two generous living rooms provide perfect settings for relaxation and entertainment,

    Bill Fanning Century 21 Waterfront

    Section Image
  • 11879 W Riverview Dr, Post Falls, ID 83854

    $1,590,000

    • 2 Beds
    • 2 Baths
    • 1,930 Sq Ft
    • 11879 W Riverview Dr
    • Post Falls, ID

    Beautiful river views with 111' of frontage on the south side of the Spokane River. Large windows and decks offer great scenery and the sound of the water right outside. Enjoy waterskiing and other water sports with direct access from the cabin to the riverbank. The cabin is a fixer-upper—structure is solid, but the interior needs updates, mostly surfaces and flooring. Unfinished basement. Flat

    Bill Fanning Century 21 Waterfront

    Section Image
  • 3772 S Schilling Loop, Post Falls, ID 83854

    $1,700,000

    • 6 Beds
    • 4 Baths
    • 5,862 Sq Ft
    • 3772 S Schilling Loop
    • Post Falls, ID

    Welcome Home PRIVATE 20-acre oasis situated amongst the trees, adjacent 640 acres of state land & just 3 min to DT Post Falls! Custom 2019 sprawling rancher w/over 5300 main fl sq ft w/bonus finished 420 sq ft above garage. Views from every room~ spectacular mountain views during the day and expansive city lights views at night. Open foyer leads to the large kitchen w/center island/eat bar,

    Jessica Shaeffer Amplify Real Estate Services Idaho LLC

    Section Image
  • 1922 E Rodkey Dr, Post Falls, ID 83854

    $2,495,000

    • 5 Beds
    • 3 Baths
    • 3,492 Sq Ft
    • 1922 E Rodkey Dr
    • Post Falls, ID

    Experience unparalleled riverside living in this stunning contemporary style home, perfectly situated on the Spokane River in Post Falls! Boasting 5 bedrooms and 3 luxurious bathrooms, this exceptional home offers the perfect blend of modern design and serene natural beauty. Step inside and be captivated by the open-concept living spaces, flooded with natural light and designed for seamless

    Donnie Wilkins EXP Realty

    Section Image
  • NKA Veterans, Post Falls, ID 83854

    $1,925,000

    • 3 Beds
    • 4 Baths
    • 3,981 Sq Ft
    • NKA Veterans
    • Post Falls, ID

    A Dream Come True on Blossom Mountain!Discover the perfect canvas for your custom dream home within this breathtaking 12 -acre parcel, nestled in an exclusive gated community. Perched atop Blossom Mountain, this rare offering features panoramic views of the city skyline, river valley, and surrounding mountains. Preliminary plans include a beautifully designed 3 bedroom, 3.5 bath daylight basement

    Rachael Holzhauser The Agency Coeur d'Alene

    Section Image
  • NKA W Genesee Ct, Post Falls, ID 83854

    $2,119,000

    • 4 Beds
    • 4 Baths
    • 3,333 Sq Ft
    • NKA W Genesee Ct
    • Post Falls, ID

    **TO BE BUILT **Modern Luxury with Spokane River and Mountain Views - Custom Home Opportunity! Build your dream home on this near 1.65-acre lot with filtered views of the Spokane River! This to-be-built transitional timeliness design custom home offers 3,3333 sq. ft. of thoughtfully designed living space, featuring 4 bedrooms, 3.5 bathrooms, and an open-concept floor plan perfect for

    Scott Carr Coldwell Banker Schneidmiller Realty

    Section Image
  • 3801 S Carpenter Loop, Post Falls, ID 83854

    $1,649,000

    • 6 Beds
    • 5 Baths
    • 5,448 Sq Ft
    • 3801 S Carpenter Loop
    • Post Falls, ID

    Stunning private retreat on the sought after Carpenter Loop with gated entry, incredible views, heated 40x60 shop, & newly paved driveway! This Craftsman inspired home boasts pride of ownership and a level of finish detail rarely seen. With 5,448 s.f. on 4.52 acres, there are a total of 6 bedrooms & 4.5 bathrooms, including a full working 2nd kitchen on the lower level! The main level wows w/

    Rob Sower Keller Williams Realty Boise

    Section Image
  • 632 S Rabbit Trail, Post Falls, ID 83854

    $2,299,000

    • 5 Beds
    • 4 Baths
    • 5,344 Sq Ft
    • 632 S Rabbit Trail
    • Post Falls, ID

    Spokane riverfront equestrian property on almost 8 acres conveniently located between Spokane and Coeur d'Alene. Properties in this area RARELY come up for sale. Gorgeous views of the Spokane river and surrounding mountains from the multiple decks on the house and a sense of seclusion make this an incredible property. The big 36X48 shop with storage loft and horse stalls has plenty of room for

    Seth Horst The Experience Northwest

    Section Image
  • 5999 E Roger Dr, Post Falls, ID 83854

    $1,999,000

    • 5 Beds
    • 3.5 Baths
    • 4,187 Sq Ft
    • 5999 E Roger Dr
    • Post Falls, ID

    Welcome to your very own private oasis, conveniently located just 5 minutes from Coeur d'Alene, Hayden, Rathdrum or I90 and minutes from Kootenai Health! The rarity of this property is a must-see! Not often do you find a property in town that doesn't have an HOA, is privately gated and is at the end of the road. Boasting a 24x30 shop and over 4,100 sq ft of living space this home has soaring

    Joel Pearl Pearl Realty, LLC

    Section Image

Source: Coeur d'Alene Multiple Listing Service

MLS Number: 25-4205

Coeur d

APN: 02480001005A