Property Description

$15,000 Seller Credit Offered -- Recently repositioned under $800K, this property presents a strong opportunity for investors, house-hack buyers, or those looking to build equity through renovation.Set on 4.43 wooded acres in the sought-after Cougar Gulch area, approximately 10 minutes from downtown Coeur d'Alene, the property includes two dwellings and mountain views--an increasingly difficult combination to find this close to town.The layout supports multiple strategies, including multi-generational living, short-term rental potential, or a live-in-one, rent-the-other approach. The 1,824 sq ft main home and separate 990 sq ft guest house with office space provide natural separation for income generation or extended use.An unfinished loft above the garage adds further expansion potential. Engineering and architectural plans are already completed to reconfigure the stair layout and open the kitchen, creating a clear path to increase value.The $15,000 seller credit can be applied toward rate buy-down, closing costs, or improvements, giving buyers flexibility and control.The county assessor values the property at $960,000, highlighting the potential value gap between the current price and stabilized value.The property includes a private well with pump house, 3,000-gallon water storage, and deeded spring access. Private setting with space and flexibility, all within minutes of downtown Coeur d'Alene.The main home has completed professional water remediation by Allklean with the source corrected.Interior materials were removed as part of the remediation process, creating a defined starting point for renovation.

Property Features

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