$3,010,000
$150K PRICE DROP

255 S Theresa Terrace Dr Post Falls, ID 83854

South Shore Neighborhood

Estimated payment $17,361/month

Total Views 5,158
4 Beds
4 Baths
3,124 Sq Ft
$964 Price per Sq Ft

Highlights

  • Docks
  • River View
  • 0.97 Acre Lot
  • Cabana
  • Waterfront
  • Cape Cod Architecture

About This Home

This New England Shingle-Style home exudes quality craftsmanship and attention to detail; it was custom built to capture the 180 degree vistas on this half acre site with 125' of deep Spokane River frontage located inside a no-wake zone. It gets better, listing includes the vacant .41 acre parcel next door for a total of .97 acres with 250' of no-wake-deep-water frontage right across from Marina 33 and a few minutes drive or paddle board to downtown Post Falls. Deep water frontage in a no-wake zone on Lake CdA or Spokane River (navigable contiguous bodies) is really very rare... seriously only 4 lots total and this listing is 2 of them. The large lot provides not only ample porch space wrapped around the home, which is truly exceptional, but also a picturesque Gazebo, 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 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. Inside you'll find a lot of quality features like the hardwood and stone floors, several wood-burning (and one gas) fireplaces, tiled baths, quality new and vintage appliances, and the solarium. There are some more fun features like the phone booth and compass wood floor inlay at entry that add to the character as well.

This is minutes from the best of Post Falls and I-90 on Spokane St, with a 14min commute to Kootenai in Coeur d'Alene , 12 mins to Liberty Lake, 35 mins to GEG.

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

  • $8,841

Year Built

  • Built in 1993

Lot Details

  • 0.97 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
  • 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 See Exhibit A

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,841

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Sub Type: Residential Waterfront
  • Prop. Type: Residential
  • Lot Size Acres: 0.97
  • 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: 0.97
  • 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: 1stFloor
  • 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, 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: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: 42253.2
  • Additional Parcels Description: 131270, 128998
  • Parcel #: See Exhibit A
  • Zoning: County-AGSUB

Tax Info

  • Tax Annual Amount: 8841.1
  • Tax Year: 2024

Map

Range of Values:

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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

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Source: Coeur d'Alene Multiple Listing Service

MLS Number: 25-4229

Coeur d

APN: 02480001005A