$695,000
SOLD JUN 20, 2025
Last list price

503 Cedar St Sandpoint, ID 83864

2 Beds
2 Baths
1,187 Sq Ft
$600/mo HOA Fee

Recently Sold

$586 Per Sq Ft

76 Days on Market

Highlights

  • Public Water Access
  • Panoramic View
  • Contemporary Architecture
  • New Construction
  • Deck
  • Community Spa

About This Home

As of June 2025

Maximize 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

Chris Chambers

TOMLINSON SOTHEBY`S INTL. REAL License #SP00025964 Listed on: 02/26/2025

Last Buyer's Agent

Luke Webster

EVERGREEN REALTY License #SP29451

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,205

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

  • 1,187 Sq Ft Home
  • Fireplace
  • Triple Pane Windows
  • Storage

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Accessible Home Design

  • Handicap Accessible
  • ADA Compliant

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
  • 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 garbag

Recreation

  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,205

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Condo
  • Style: Contemporary
  • Broken Out: No
  • Covenant Restrictions: Yes
  • Fire District: Sandpoint City
  • Fire District: Yes
  • Fireplace Stoves: Built In Fireplace, Natural Gas, 1 Fireplace
  • Garage: 1 Car Detached, Electricity, 220 Volt, Opener
  • Geo Subdivision: ID
  • Known L I D: No
  • Price Per Total Sq Ft: 568.66
  • Section: 22
  • Share With Assessor: Yes
  • Taxes: 3205
  • Type Of Contract: Exclusive Right to Sell
  • Unbranded Matterport: https://my.matterport.com/show/?m=DpW6dVKuoSP&brand=0
  • Water Access Y N: No
  • Year Built: 2023
  • Middle High: Sandpoint
  • Property Amenities: Comm. Hot Tub
  • Estimated Finished Above Grade Sq Ft: 1187
  • Handicap Acc: Yes
  • ADA Compliant: Yes
  • ADA Details: Designated Accessible
  • HOA Fees: 600
  • H O A Dues Frequency: Monthly
  • Road Maintenance Agreement: Yes
  • Road Maintenance Includes: Snow Removal
  • Land Characteristics: Irrigation System, Landscaped, Level, Mountain View, Panoramic View
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Insulated, Secure Access, Storage, Air Conditioning
  • Total Bathrooms: 2
  • Bedrooms: 2
  • Bedroom 2: Level: Main; Remarks: Guest Bedroom or Office
  • Bathroom 1: Level: Main; Remarks: Tiled shower, heated floor
  • Bathroom 2: Level: Main; Remarks: Tub/shower and grab bars for ADA
  • Basement: None
  • Family Room: Level: Main; Remarks: Open and Spacious
  • Kitchen: Level: Main; Remarks: Quartz countertops, GE Cafe appliances
  • Living Room: Level: Main; Remarks: Cozy space with gas fireplace
  • Laundry Room: Level: Main; Remarks: Accomodates large side by side w/d
  • Estimated Total Sq Ft: 1187
  • Primary Flooring: Vinyl
  • Windows: Triple Pane
  • Additional Room 1: Level: Lower; Remarks: Private, Secure Elevator in Foyer
  • Additional Room 2: Level: Lower; Remarks: Detached Garage 1 Car - Assigned
  • Appliances: Dishwasher, Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator
  • Bonus Room: Level: Third; Remarks: Open Deck with Fire Pit, Spa, TV, Views
  • Master Bedroom: Level: Main; Remarks: Guest bedroom or office or Office
  • Total Number Of Rooms: 6

Exterior Features

  • Construction: Frame
  • Exterior Finish: Brick-Accent, Steel, Wood
  • Foundation: Concrete
  • Road Access: Public Road
  • Road Surface: Paved
  • Roof: Metal
  • Construction Status: New-Nvr Occupied
  • Patio Deck: Covered Patio, Deck, Fire Pit

Utilities

  • Electricity: On Site
  • Gas: On Site
  • Sewer: Public
  • Water System: Public
  • Garbage: Available

Condo/Co-op/Association

  • HOA Fees Include: Snow,W/S, Internet,Garbag
  • HOA: Yes

Schools

  • Elementary School: Washington
  • Middle School: Sandpoint
  • High School: Sandpoint

Lot Info

  • Geo Update Timestamp: 2025-02-26
  • Estimated Number Acres: 0.35
  • Geo Address Line: 503 Cedar St Ste 201
  • Geo Longitude: -116.554029
  • Geo Primary City: Sandpoint
  • Geo Quality: 0.95
  • Geo Zoom Level: 16
  • In City Limits: Yes
  • Parcel Number: RPS389700002A0A
  • Price Per Acre: 1928571.43

Tax Info

  • Tax Year: 2024
  • Tax Description: Lot Only

MLS Schools

  • School District: Lake Pend Oreille
  • Elementary School: Washington
  • High School: Sandpoint

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
Views
9

Purchase Details

Closed on
Feb 23, 2021
Sold by
Luers David
Bought by
Cedar Sandpoint Llc
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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
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

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Map

Source: Selkirk Association of REALTORS®

MLS Number: 20250396

Selkirk Association of REALTORS®

APN: RPS38-970-0002A0A