503 Cedar St Sandpoint, ID 83864
2
Beds
2
Baths
1,334
Sq Ft
$600/mo
HOA Fee
Highlights
- Public Water Access
- Panoramic View
- Contemporary Architecture
- New Construction
- Deck
- Community Spa
About This Home
As of June 2025Maximize Your Investment Potential in Sandpoint’s Growing Vacation Rental Market at 5th & Cedar! Unlock the potential of Sandpoint’s thriving vacation rental market with 5th & Cedar, a luxurious urban retreat offering prime revenue opportunities. Ideally located downtown, this turnkey investment is zoned for commercial vacation rentals, providing flexibility and maximizing ROI. Designed for effortless management with eco-friendly systems, a private elevator, and secure garage, it ensures seamless guest experiences. Scandinavian-inspired interiors, modern amenities like Quartz countertops, GE Café appliances, a gas fireplace, and heated bathroom floors elevate comfort and style. The rooftop deck, featuring a hot tub, fire table, and stunning lake and mountain views, boosts guest appeal, making 5th & Cedar the ultimate high-yield rental property in Sandpoint.
Last Agent to Sell the Property
TOMLINSON SOTHEBY`S INTL. REAL License #SP00025964 Listed on: 02/23/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,800
Year Built
- Built in 2023 | New Construction
HOA Fees
- $600 Monthly HOA Fees
Property Views
- Panoramic
- Mountain
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Concrete Foundation
- Frame Construction
- Metal Roof
- Wood Siding
- Steel Siding
Interior Spaces
- 1,334 Sq Ft Home
- Fireplace
- Triple Pane Windows
- Double Pane Windows
- Window Treatments
- Storage
- Washer
Kitchen
- <<convectionOvenToken>>
- <<builtInMicrowave>>
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Parking
- 1 Car Detached Garage
- Garage Door Opener
Outdoor Features
- Public Water Access
- Deck
- Covered patio or porch
- 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
Additional Features
- Handicap Accessible
- Air Exchanger
- Sprinkler System
Listing and Financial Details
- Assessor Parcel Number RPS389700002A0A
Community Details
Overview
- Association fees include snow w/s internet garbag
Recreation
- Community Spa
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 18, 2023
Closed on
Jan 3, 2024
Sold by
5Th And Cedar Sandpoint Llc
Bought by
Trail Dawgs Llc
Seller's Agent
Nedra Kanavel
PUREWEST REAL ESTATE
Buyer's Agent
Nedra Kanavel
PUREWEST REAL ESTATE
List Price
$750,000
Sold Price
$787,500
Premium/Discount to List
$37,500
5%
Views
9
Purchase Details
Closed on
Feb 23, 2021
Sold by
Luers David
Bought by
Cedar Sandpoint Llc
Similar Homes in Sandpoint, ID
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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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Alliance Title | |
| Quit Claim Deed | -- | First Amer Tile Sandpoint |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $4,990,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | Sold | -- | -- | -- |
| 06/13/2025 06/13/25 | For Sale | $1,150,000 | +65.5% | $723 / Sq Ft |
| 05/13/2025 05/13/25 | Pending | -- | -- | -- |
| 03/12/2025 03/12/25 | Sold | -- | -- | -- |
| 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 | -- | -- | -- |
| 12/11/2023 12/11/23 | Pending | -- | -- | -- |
| 11/18/2023 11/18/23 | For Sale | $750,000 | -- | $586 / Sq Ft |
Source: Selkirk Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $3,466 | $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 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Chambers
Seller's Agent in 2025
Chris Chambers
TOMLINSON SOTHEBY`S INTL. REAL
(208) 290-2500
57 in this area
189 Total Sales
-
Luke Webster
Buyer's Agent in 2025
Luke Webster
EVERGREEN REALTY
(208) 263-6370
16 in this area
54 Total Sales
-
Lauren Newman
Buyer's Agent in 2025
Lauren Newman
HOMES OF IDAHO-NAMPA
(208) 264-8757
4 in this area
23 Total Sales
-
Nedra Kanavel
Seller's Agent in 2024
Nedra Kanavel
PUREWEST REAL ESTATE
(208) 610-4624
20 in this area
117 Total Sales
Map
Source: Selkirk Association of REALTORS®
MLS Number: 20240324
APN: RPS38-970-0002A0A
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