$10,000,000

5729 E Marine Dr Post Falls, ID 83854

Milltown Neighborhood

Estimated payment $54,190/month

Total Views 5,980
10.85 Acres
$921,659 Price per Acre
472,626 Sq Ft Lot

Highlights

  • Docks
  • Waterfront
  • Wooded Lot
  • River View
  • 10.85 Acre Lot
  • No HOA

About This Lot

Rare Waterfront Business and Development Opportunity! For the first time on the market-- nearly 11 acres, composed of three separate Spokane Riverfront parcels. Located under 6 miles downriver from the mouth of Lake Coeur d'Alene. The property is currently home to Lake City Marine, a fully operational boat repair facility with multiple docks and buildings. This site boasts some of the deepest water on the riverside, making it a site capable of launching and hauling large vessels and luxury yachts on the Spokane River. The marine railway has been successfully utilized since the 1950's. Immediate income potential for your marine operation. Prime development possibilities through city annexation, with the potential for multiple buildable lots. The three parcels are zoned residential- one is taxed commercial and utilized for the business. This location is historically noted as the original construction and launch site of the famous 'Mish-an-nock', Coeur d'Alene tour boat in 1968. Two small rental homes and one rented space are currently contributing to the property's monthly revenue.

Listing Agent

Mindy Yount

EXP Realty License #SP45973 Listed on: 10/03/2025

EXP Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,555

Lot Details

  • 10.85 Acre Lot
  • Waterfront
  • Open Space
  • Level Lot
  • Open Lot
  • Irregular Lot
  • Wooded Lot

Property Views

  • River
  • Mountain

Utilities

  • Well
  • Phone Available

Additional Features

  • Partially Furnished
  • Flood Zone Lot

Listing and Financial Details

  • Assessor Parcel Number 50N05W123385, 50N05W123410, 50N05W123300

Community Details

Overview

  • No Home Owners Association

Recreation

  • Docks

Property Details

Property Type

Land

Est. Annual Taxes

$21,555

Lot Details

0

Listing Details

  • Property Sub Type: Waterfront
  • Prop. Type: Land
  • Lot Size Acres: 10.85
  • Road Surface Type: Gravel
  • Water Body Name: Spokane River
  • Subdivision Name: N/A
  • Directions: S on Greensferry Rd to Marine Drive. L on Marine to the shop.
  • General Property Description:Lot Acres2: 10.85
  • General Property Description:Lot Type 1: Residential
  • Legal and Taxes:Zoning2: Res
  • Legal and Taxes:Tax Year2: 2024
  • Property Subject To:Homeowners Assoc2: No
  • Property Subject To:Flood Zone2: Yes
  • View:Mountain(s): Yes
  • Water:Private Well: Yes
  • Electricity:In: Yes
  • Telephone:In3: Yes
  • Natural Gas:In2: Yes
  • DelayedMarketingYN: No
  • Contract Information: Delayed Marketing: No
  • Special Features: None

Exterior Features

  • Fencing: Partial
  • Lot Features: Open Lot, Irregular Lot, Sloped, Level, Wooded
  • View: Mountain(s), River
  • View: Yes
  • Waterfront Features: Lot Type 2
  • Waterfront: Yes
  • Exterior Features: Dock
  • Other Structures: See Remarks
  • Lot Features:Wooded: Yes
  • Lot Features:Level: Yes
  • View:River: Yes

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Post Falls - 273

Lot Info

  • Lot Size Sq Ft: 472626.0
  • Parcel #: 50N05W123385, 50N05W123410, 50N05W123300
  • Zoning: Res

Tax Info

  • Tax Annual Amount: 21555.0
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
2025 $6,596 $1,758,299 $1,693,039 $65,260
2024 $8,207 $2,131,842 $2,064,682 $67,160
2023 $8,207 $2,131,842 $2,064,682 $67,160
2022 $9,030 $2,238,610 $2,173,350 $65,260
2021 $5,240 $764,746 $719,956 $44,790
2020 $5,803 $761,466 $719,956 $41,510
2019 $5,613 $657,667 $618,337 $39,330
2018 $5,390 $582,667 $543,337 $39,330
2017 $5,202 $513,780 $506,250 $7,530
2016 $5,082 $514,040 $506,250 $7,790
2015 $5,134 $499,850 $490,500 $9,350
2013 $5,656 $505,630 $495,500 $10,130
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2025 10/03/25 For Sale $10,000,000 -- --
Source: Coeur d'Alene Multiple Listing Service

Source: Coeur d'Alene Multiple Listing Service

MLS Number: 25-10046

Coeur d

APN: 50N05W123385

Idaho Kootenai County Post Falls 83814 Milltown

5729 E Marine Dr, Post Falls, ID

For Sale

Lots

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Mindy Yount
Listing Agent
Mindy Yount
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EXP Realty
(208) 953-9098