503 Cedar St Sandpoint, ID 83864
Sandpoint AreaEstimated payment $5,599/month
Highlights
- Public Water Access
- Mountain View
- Contemporary Architecture
- New Construction
- Covered Deck
- Corner Lot
About This Home
Investor opportunity in the heart of downtown Sandpoint, where comparable residences within the building have demonstrated strong short-term rental performance and five of the six residences are investor-owned. This level of investor ownership reflects the building's proven appeal as both a luxury residence and income-producing asset. As the final residence available in the highly sought-after 5th & Cedar development, #203 offers a rare opportunity to combine income potential, personal use flexibility, and long-term appreciation. This 1,590-square-foot luxury condominium features one of the largest floor plans in the building, with a spacious open-concept design, primary en-suite, guest bedroom, full bath, detached garage, EV charging, high-speed internet, secure building access, and elevator service. Guests and owners enjoy premium rooftop amenities including a hot tub, fire table, outdoor TV, BBQ area, and lake views. Located in downtown Sandpoint's most walkable district, restaurants, shopping, coffee shops, City Beach, Lake Pend Oreille, and the Farmers Market are just steps away. With limited hotel inventory in downtown Sandpoint and strong demand for high-quality vacation rentals, properties like this continue to attract both visitors and investors. Schweitzer Mountain Resort, the region's premier year-round destination, is only 25 minutes away. Eligible for short-term rental use within Sandpoint's commercial zoning district.
Listing Agent
TOMLINSON SOTHEBY`S INTL. REAL License #SP00025964 Listed on: 06/19/2026
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $439
Year Built
- Built in 2023 | New Construction
Lot Details
- Southern Exposure
- Landscaped
- Level Lot
- Sprinkler System
HOA Fees
- $600 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Flat Roof Shape
- Brick Exterior Construction
- Slab Foundation
- Wood Siding
- Steel Siding
Interior Spaces
- 1,590 Sq Ft Home
- Stone Fireplace
- Fireplace Mantel
- Gas Fireplace
- Triple Pane Windows
- Insulated Windows
- Storage
- Washer
- Mountain Views
- Home Security System
Kitchen
- Oven or Range
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Parking
- 1 Parking Garage Space
- Garage Door Opener
- Open Parking
- Off-Street Parking
Accessible Home Design
- Handicap Accessible
- ADA Compliant
Eco-Friendly Details
- Air Exchanger
Outdoor Features
- Public Water Access
- Balcony
- Covered Deck
- Fire Pit
Schools
- Washington Elementary School
- Sandpoint Middle School
- Sandpoint High School
Utilities
- Air Conditioning
- Heat Pump System
- Heating System Uses Natural Gas
- Radiant Heating System
- 220 Volts in Garage
- Gas Available
Listing and Financial Details
- Assessor Parcel Number RPS389700002A0A
Community Details
Overview
- Association fees include snow w/s internet trash
Recreation
- Community Spa
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2023 | $3,170 | $493,440 | $493,440 | $0 |
| 2022 | $3,466 | $493,440 | $493,440 | $0 |
| 2021 | $4,035 | $385,600 | $385,500 | $100 |
| 2020 | $0 | $0 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/19/2026 06/19/26 | For Sale | $895,000 | +28.8% | $563 / Sq Ft | |
| 06/20/2025 06/20/25 | Sold | -- | -- | -- | View Prior Sale |
| 05/13/2025 05/13/25 | Pending | -- | -- | -- | |
| 03/12/2025 03/12/25 | Sold | -- | -- | -- | View Prior Sale |
| 02/26/2025 02/26/25 | For Sale | $695,000 | -10.9% | $586 / Sq Ft | |
| 01/15/2025 01/15/25 | Pending | -- | -- | -- | |
| 09/17/2024 09/17/24 | Price Changed | $780,000 | -10.9% | $585 / Sq Ft | |
| 07/19/2024 07/19/24 | Price Changed | $875,000 | -2.2% | $656 / Sq Ft | |
| 06/05/2024 06/05/24 | Price Changed | $895,000 | -8.2% | $671 / Sq Ft | |
| 02/23/2024 02/23/24 | For Sale | $975,000 | +30.0% | $731 / Sq Ft | |
| 01/05/2024 01/05/24 | Sold | -- | -- | -- | View Prior Sale |
| 12/11/2023 12/11/23 | Pending | -- | -- | -- | |
| 11/18/2023 11/18/23 | For Sale | $750,000 | -- | $586 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Alliance Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $4,990,000 | Construction |
Source: Selkirk Association of REALTORS®
MLS Number: 20261590
APN: RPS389700002A0A
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