$439,990
Worley, ID 83876
MLS# 26-2938
3 beds | 2 baths | 1608 sqft
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Property Description
Cash flow on Lake Coeur d'Alene. BNBCalc rates this property A for short-term rental -- $71,656 projected annual revenue, 58% occupancy, $338 average nightly. 19.3% cash-on-cash. 11.1% cap rate. HOA-approved STR. Boat slip on Cave Bay included. This is the lake property that pays for itself. Wrap-around deck with a pergola, panoramic mountain and water views, your own slip on a private community marina, members-only sandy beach, private boat launch, community park -- all about 2 minutes from the front door. HOA covers community water, sewer, and snow removal. Owner has invested $30,000+ since 2017 -- new deck, new gutters, updated flooring, remodeled bathroom, washer/dryer, appliances, septic pump. Heat pump and central air. Propane backup stove keeps the house warm when the grid doesn't cooperate. Metal roof. 1-car garage. High-speed internet. All appliances included. Independent appraisal on file from May 2026 -- full report available to qualified buyers. Top 9% of comparable
Details
Maps
Contract Information
Neighborhood Grid #: 600
Short Sale: No
REO: No
Income Producing: No
Status: Active
Listing Type: Manufactured < 2 Acres
Area: 14 - Benewah
Begin Date: 2026-04-02
List Price: $439,990
General Property Description
Building Style: Manufactured Double Wide
Realtor.COM Type: Residential - Mobile/Manufactured Homes
Lot Acres: 0.39
Basement: No
Lot Type 1: Residential
Total SqFt.: 1608
SqFt Source: Assessor
New Construction: No
Garage Type: Att Garage
Garage Stall: 1 Car
Total Bedrooms: 3
Total Bathrooms: 2
Year Built: 1979
Lake/River Name: Coeur d'Alene Lake
Legal and Taxes
AIN/Tax Bill: 111577
Taxes: 1174.74
Zoning: Residential
Tax Year: 2025
Taxes Reflect 1: Home Owner's Exemption
MH Taxed as: Real Prop
Legal: Carrolls Cave Bay Homesites 5th Add, Lt 4 Block 1 3248N04w
Parcel Number: 012010010040
School District: Plummer/Worley - 44
Subdivision: Carrolls Cave Bay
Directions: Worley to Cave Bay rd to Madrona Loop
Remarks
Public Remarks: Cash flow on Lake Coeur d'Alene. BNBCalc rates this property A for short-term rental -- $71,656 projected annual revenue, 58% occupancy, $338 average nightly. 19.3% cash-on-cash. 11.1% cap rate. HOA-approved STR. Boat slip on Cave Bay included.
This is the lake property that pays for itself. Wrap-around deck with a pergola, panoramic mountain and water views, your own slip on a private community marina, members-only sandy beach, private boat launch, community park -- all about 2 minutes from the front door. HOA covers community water, sewer, and snow removal.
Owner has invested $30,000+ since 2017 -- new deck, new gutters, updated flooring, remodeled bathroom, washer/dryer, appliances, septic pump. Heat pump and central air. Propane backup stove keeps the house warm when the grid doesn't cooperate. Metal roof. 1-car garage. High-speed internet. All appliances included.
Independent appraisal on file from May 2026 -- full report available to qualified buyers. Top 9% of comparable
Miscellaneous
Sec: 32
Rng: 04
Rng Dir: EWM
Twn: 48n
Property Subject to
CC&Rs: Yes
Homeowners Assoc: Yes
HOA Name: Cave Bay HOA
Frequency: Annually
Association Fee: 3,554
LID: No
Non-Mtg Lien: None
Flood Zone: No
Aircraft Flight Zone: Unknown
Fire Protection Dist: Yes
Association Fee Includes
Sewer: 1
Snow Removal: 1
Water: 1
View
Lake: 1
Mountain(s): 1
Territorial: 1
Rooms per Level
1st Fl Living Rm: 1
1st Fl Dining Room: 1
1st Fl Kitchen: 1
1st Fl Mst Bdrm Suite: 1
1st Fl Bdrm(s): 2
Main Level Bedrooms: 3
1st Fl Bath: 1
Main Level Bathrooms: 2
1st Fl Laundry: 1
Lot Features
CDA Reservation: 1
Sloped: 1
Steep Slope: 1
Special Land Description: Cave Bay / Lake CDA
Interior Features
Central Air: 1
Fireplace: 1
High Speed Internet: 1
Smart Thermostat: 1
Washer Hookup: 1
Fencing
None: 1
Exterior Features
Boat Slip: 1
Dock: 1
Open Deck: 1
Paved Parking: 1
Rain Gutters: 1
RV Parking - Open: 1
Terms Considered
1031 Exchange: 1
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Road
Paved: 1
Showing Instructions
Showing Service Name: ShowingTime
Water
Community System: 1
Community Well: 1
Transfer Fee: 1
Common Walls
No Common Walls: 1
Fireplace Features
Gas: 1
Sewer
Community System: 1
Lagoon: 1
Lift Station: 1
Septic Tank: 1
Fuel
Electric: 1
Propane: 1
Heating
Forced Air: 1
Heat Pump: 1
Stove - Propane: 1
Appliances
Cooktop: 1
Dishwasher: 1
Electric Dryer: 1
Refrigerator: 1
Wall Oven: 1
Washer: 1
Electric Water Heater: 1
Kitchen Amenities
Bkfst Bar: 1
Basement
Crawl Space: 1
Foundation
Block: 1
Construction
Manufactured: 1
Exterior
Aluminum Siding: 1
Roof
Metal: 1
Flooring
Carpet: 1
Vinyl: 1
Address Information
Street Number: 23160
Street Direction Pfx: S
Street Name: Madrona
Street Suffix: LOOP
State/Province: ID
Postal Code: 83876
County: Kootenai
Property Features
Association Fee Includes: Snow Removal; Water
View: Lake; Mountain(s); Territorial
Lot Features: CDA Reservation; Sloped; Steep Slope
Fencing: None
Interior Features: Central Air; Fireplace; High Speed Internet; Smart Thermostat; Washer Hookup
Fireplace Features: Gas
Exterior Features: Boat Slip; Dock; Open Deck; Paved Parking; Rain Gutters; RV Parking - Open
Common Walls: No Common Walls
Appliances: Cooktop; Dishwasher; Electric Dryer; Refrigerator; Wall Oven; Washer; Electric Water Heater
Kitchen Amenities: Bkfst Bar
Fuel: Electric; Propane
Heating: Forced Air; Heat Pump; Stove - Propane
Basement: Crawl Space
Foundation: Block
Construction: Manufactured
Exterior: Aluminum Siding
Flooring: Carpet; Vinyl
Roof: Metal
Road: Paved
Water: Community System; Community Well; Transfer Fee
Sewer: Community System; Lagoon; Lift Station; Septic Tank
Terms Considered: 1031 Exchange; Cash; Conventional; FHA; VA
Supplements
Cave Bay area units on occupancy.
7 min to Coeur d'Alene Casino & Resort. 30 min to downtown CDA. 55 min to Spokane International -- non-stop to LA, SF, Denver, Seattle. 1979 HUD-compliant double-wide. Cash, conventional, portfolio, and DSCR financing welcome. Schedule a private showing.
Second-home buyer who wants a boat slip and a property that pays its own way? This is the file. Schedule a private showing.
Relocating to North Idaho? Lake CDA address, Spokane airport 55 min. Schedule a private showing.
Listing Office: EXP Realty
Last Updated: June - 15 - 2026
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