503-203 Cedar StSandpoint, ID 83864

2
Beds: 2
Baths: 1,590
Sq ft: 15,246 sq ft
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.

Features and details

Overview

Status: Active
Property type: Condominium
Year built: 2023
Price per sq ft: $563
Listed: Jun 18, 2026
Days on market: 130
Listing number: 26-6385

Location

City: Sandpoint, ID 83864
County: Bonner County
Subdivision: N/A

Financial

Property tax: $439 / year
HOA: $600 / month

Interior

Appliances: Gas Range, Electric Dryer, Electric Water Heater, Washer, Refrigerator, Microwave, Disposal, Dishwasher
Interior features: Fireplace, High Speed Internet, Washer Hookup, Mini-Split A/C
Flooring: Tile, LVP
Basement: None, Slab on grade
Laundry: Electric Dryer Hookup
Heating: Natural Gas, Fireplace(s), Cadet, Electric, Radiant, Heat Pump, Mini-Split

Exterior and lot

Exterior features: Fire Pit, Lighting, Open Deck, Spa/Hot Tub, Handicap Access
Construction: Wood Siding, Steel Siding, Brick, Post & Beam
New construction: Yes, completed
Roof: Metal
Foundation: Slab
Lot features: Landscaped, Corner Lot, Level, Southern Exposure

Views and water

View: Mountain(s), Territorial, Lake, City, Neighborhood

Parking

Parking: Paved Parking
Garage stalls: 1 Car
Garage type: Det Garage

Community

Association: 5th and Cedar
Association fee includes: Maintenance Grounds, Sewer, Snow Removal, Trash, Water
Community features: Sidewalks, Curbs

Utilities and location

Sewer: Public Sewer
Water source: Public
Road surface: Paved
Road maintenance: Public Maintained Road
School district: Lk Pend Oreille - 84
Zoning: Commercial

Payment estimate

Estimated monthly payment$5,415/mo

Principal and interest$4,778
Property tax$37
HOA$600

Estimate only, not a loan offer or commitment. Your actual rate, payment and terms depend on your lender and credit. Excludes homeowners insurance and mortgage insurance.

Location

503-203 Cedar St, Sandpoint, ID 83864.

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Listing courtesy of Tomlinson Sotheby's International Realty (Idaho), Chris Chambers, (208) 263-5101

The data relating to real estate for sale on this website comes in part from the ID - Coeur d'Alene MLS (CDAR). Real estate listings held by brokerage firms other than Keller Williams Realty Coeur d'Alene are marked with the IDX logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified. Information provided by ID - Coeur d'Alene MLS (CDAR).

Listing data last updated October 27, 2026 at 8:40 AM PDT.