
255 S Theresa Terrace Dr Post Falls, ID 83854
South Shore NeighborhoodEstimated payment $17,361/month
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
Coldwell Banker Schneidmiller Realty License #sp44430 Listed on: 05/02/2025

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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | First American Title Kootena | |
Warranty Deed | -- | First American Title |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $250,000 | Credit Line Revolving |
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Source: Coeur d'Alene Multiple Listing Service
MLS Number: 25-4229

APN: 02480001005A
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